Inxpress logo

Inxpress Franchise

Audited Financials
LogisticsEst. 2006South Jordan, UT
www.inxpress.com
Financing Available

Risk Score

Pending analysis

Investment Range

$86,900 - $169,290

Franchise Fee

$42,500

Min Cash Required

$10,000

Total US Locations

60

Business Summary

InXpress businesses provide shipping, consulting, customer service, logistics, and other business services. InXpress businesses use third-party international, airfreight, express truck, and other transportation services through various domestic and international carrier companies. InXpress Businesses focus on promoting, advertising, soliciting, establishing, maintaining, and servicing customer accounts to provide discounted transportation services under contracts between InXpress and its carrier partners. Franchisees can operate their InXpress Business from home, an executive suite office, or other commercial office or retail space.

Corporate History

InXpress, LLC was established in January 2006 as a Utah limited liability company. It was initially organized as Allfreight Solutions, LLC, but changed its name to InXpress, LLC in April 2006. InXpress, LLC began offering franchises for InXpress Businesses in May 2006. The company itself does not operate businesses of the type it franchises. InXpress, LLC is a subsidiary within a larger corporate structure based in England, under Salt US Holdco LLC, Salt Bidco Limited, Salt Midco Limited, and Salt Topco Limited. An affiliate, InXpress Global Ltd. (IX Global), licenses the rights to use the InXpress system and trademarks, and has been granting master franchises in other countries since 2012. Other affiliates, such as InXpress Ltd. in the UK (formerly Express Worldwide, Ltd.), have been offering similar franchises since May 2004.

Financial Overview

Investment Range

$86,900 - $169,290

Franchise Fee (Low)

$42,500

Franchise Fee (High)

$50,000

Minimum Cash Required

$10,000

Royalty %

30%

Marketing %

1%

Equipment Costs (Low)

$1,000

Equipment Costs (High)

$7,000

Working Capital

$35,750

Audited Financials

Yes

Offers Financing

Yes

Audit Opinion

Unqualified opinion

Financial Health Notes

The FDD highlights a special risk regarding InXpress's financial condition, stating that its financial statements, as reflected in Item 21, call into question the franchisor's financial ability to provide services and support to franchisees. However, the audited financial statements within Exhibit B include an unqualified opinion from the auditors, stating that the consolidated financial statements present fairly, in all material respects, the financial position of Salt US Holdco LLC and Subsidiaries (InXpress's parent company) as of December 31, 2024 and 2023, and the results of their operations and cash flows for the years then ended in accordance with GAAP.

Financing Details

InXpress offers limited short-term financing for a portion of the initial fees, provided at its discretion. This option is available only to franchisees who have secured pre-approval from an outside lender but have not yet finalized that financing. If approved for this in-house financing, franchisees must pay $25,000 upfront upon signing the Franchise Agreement, with the remaining balance of initial fees (up to $40,000) due within 90 days. The promissory note for this financed portion does not accrue interest unless the repayment deadline is missed, in which case interest will apply at an 18% annual default rate or the highest rate permitted by law. Franchisees, and all owners if an entity, must also provide a personal guaranty. InXpress does not offer any other direct or indirect financing and does not guarantee franchisee notes or leases.

Performance Metrics

Total US Locations

60

Franchised Units

59

Corporate Units

1

Franchising Since

2006

Agreement Terms

Initial Term

5 years

Renewal Term

5 years

Renewal Conditions

To renew their InXpress franchise, franchisees must first allow InXpress to inspect the business records and make any necessary capital expenditures to align with current System modifications. They must satisfy all financial obligations to InXpress, demonstrate that no key employees have faced criminal or administrative investigations, and not be in default of the Franchise Agreement. Franchisees are required to provide written notice of their intent to renew between six and twelve months before the Initial Term ends, comply with their existing Franchise Agreement, sign a general release of claims (as permitted by state law), pay a successor fee of $5,000, and execute InXpress's then-current franchise agreement and any associated documents for the successor term. This new agreement may contain terms and conditions that differ materially from the original agreement. Franchisees must also meet InXpress's then-current qualifications for new franchisees and any training requirements.

Training & Support Program

Franchisor Assistance

Before opening, InXpress provides an initial training program, which can be online or in-person at its South Jordan, Utah headquarters. It loans or provides access to its confidential Manuals, designates the franchisee's Primary Franchise Market Area, and supplies a list of approved Carriers along with information on their products and services. During operation, InXpress continues to make Manuals available, offers advice on business operations based on reports and inspections, provides templates for marketing materials and business forms, maintains a system website, updates Carrier information, performs most billing and administrative services, and grants access to designated software. Optionally, InXpress may modify the System, conduct periodic on-site visits for consultation (at a fee if requested), administer a Brand Awareness Fund, hold national or regional conferences, and provide general guidance on competitive pricing.

Initial Training Hours

158

Training Location

Virtual or South Jordan, Utah

Ongoing Support

InXpress requires franchisees, designated managers, and other employees to attend periodic refresher or additional training courses, some mandatory. Any new Designated Manager must complete the New Franchise Business Training. Remedial training may be required if operational deficiencies are found during inspections. Franchisees must attend an annual business review at InXpress's South Jordan, Utah offices (or another designated location), bringing all requested records. Franchisees and their key personnel must also attend at least 80% of weekly "Vital Factor Accountability" calls during the first 12 months. An annual meeting of all U.S. franchisees at a designated location is mandatory, with an associated convention fee. Franchise owners and Designated Managers are required to attend advance carrier training in the U.S. within the first year of operation.

Franchise Requirements

Ideal Candidate Profile

InXpress, LLC looks for qualified individuals to operate its franchised businesses. Franchisees and their key personnel should not have any interest in or business relationship with any competitor. Owners, if the franchisee is an entity, must also sign a personal guaranty of the obligations. Beyond these, the document does not specify an extensive ideal candidate profile, focusing more on the business operations and financial requirements.

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Hybrid

Owner Participation

Supervisory

Territory Type

Non-Exclusive

Territory Size Requirements

InXpress franchisees receive a designated Primary Franchise Market Area where they should focus their marketing efforts. However, the InXpress Franchise is a non-exclusive license and does not grant any exclusive area or territorial rights. Other InXpress franchisees may market and provide services in the same Primary Franchise Market Area. InXpress, LLC may restrict a franchisee's tele-prospecting, electronic marketing, direct marketing, and direct mail marketing activities to certain potential customers located in areas defined by designated postal zip codes if their marketing efforts interfere with existing franchisees. The franchisor reserves the right to own or franchise outlets at any location, sell similar services through alternate channels (including exclusively reserving the internet for itself), and acquire competing businesses, without granting the franchisee any rights or compensation within their Primary Franchise Market Area.

Staffing Notes

InXpress franchisees have sole authority and control over the day-to-day operations and employees of their InXpress Business. They are entirely responsible for recruiting, hiring, and training their personnel, as well as managing wages, taxes, benefits, safety, work schedules, conditions, assignments, discipline, and terminations, ensuring compliance with all workplace laws. Franchisee employees are not considered employees of InXpress. The InXpress Franchise must be managed by the franchisee, or if an entity, by a designated natural person (Designated Owner). A Designated Manager, if appointed, must devote full-time efforts to the daily operations and must be approved by InXpress and complete its training program. Franchisees must promptly hire a substitute Designated Manager if one is unwilling or unable to perform their duties.