The UPS Store Traditional logo

The UPS Store Traditional Franchise

Audited Financials
LogisticsEst. 1980San Diego, CA
www.theupsstore.com

Risk Score

Pending analysis

Investment Range

$25,167 - $415,927

Franchise Fee

$9,950

Total US Locations

5,365

Business Summary

The UPS Store Centers are retail service businesses offering mail and parcel receiving, packaging, and shipping services through various carriers. The UPS Store also provides a wide range of other authorized products and services, including notary, printing, copying, office supplies, and communication services like faxing. These Centers are designed to meet the needs of businesses of all sizes, small business owners, home office workers, and consumers seeking convenient services.

Corporate History

The UPS Store's predecessor, Mail Boxes Etc. and Mail Boxes Etc. USA, Inc., began offering franchises for similar businesses in June 1980. On April 30, 2001, a subsidiary of UPS acquired Mail Boxes Etc., Inc., which later formally changed its corporate name to The UPS Store, Inc. on October 1, 2012. The brand has evolved its center designs over the years, introducing 'Blue Horizon' in August 2020 and 'Laser Lite' in April 2023, with expectations that all The UPS Store Centers will operate under one of these newer designs by 2032 or earlier. As of the 2024 fiscal year end, The UPS Store owns and operates 15 Centers.

Financial Overview

Investment Range

$25,167 - $415,927

Franchise Fee (Low)

$9,950

Franchise Fee (High)

$29,950

Royalty %

5%

Marketing %

3.5%

Equipment Costs (Low)

$16,008

Equipment Costs (High)

$210,897

Working Capital

$38,750

Audited Financials

Yes

Offers Financing

No

Financial Health Notes

Item 21 of the FDD notes that audited consolidated financial statements for The UPS Store, Inc. and its parent company, United Parcel Service, Inc. (UPS), are attached as Exhibit 6. However, it explicitly states that UPS has not guaranteed and does not guarantee The UPS Store's performance of obligations under the franchise agreement. The FDD does not provide a narrative or summary of the financial health beyond these statements and their components.

Financing Details

The UPS Store does not offer any direct or indirect financing to franchisees. Additionally, The UPS Store does not guarantee a franchisee's note, lease, or any other financial obligation. Franchisees are responsible for arranging their own funding.

Performance Metrics

Total US Locations

5,365

Franchised Units

5,350

Corporate Units

15

Avg Square Footage

1,300

Franchising Since

1980

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their franchise agreement, The UPS Store franchisees must provide written notice of their intent to renew between six and thirteen months before the agreement's expiration. They must pay a renewal fee equal to 25% of the then-current initial franchise fee for new Centers and sign The UPS Store's then-current franchise agreement, which may have different terms. Franchisees must also be in full compliance with all existing agreements and financial obligations to The UPS Store and third parties. A key condition for renewal is to upgrade, remodel, and refurbish the Center's interior and exterior image to The UPS Store's then-current standards and specifications by a specified deadline. Additionally, they must execute a general release (if permitted by state law), provide written confirmation of their right to possess the location for the renewal term, and complete any required Renewal Refresher Training. Franchisees must also not be subject to any legal determination of joint employment with The UPS Store and must not have contested any findings that they are not joint employers.

Training & Support Program

Franchisor Assistance

The UPS Store provides franchisees with comprehensive assistance both before and after their Center opens. Pre-opening support includes reviewing and accepting a proposed site, providing a Laser Lite Center design, and coordinating construction through a designated Center Development Coordinator. Franchisees receive electronic access to confidential Operations Manuals and a license for The UPS Store's proprietary software. The franchisor also develops an Initial Marketing Plan and provides a multi-phased New Franchisee Training Program, which includes Web-Based Training, In Store Experience (I & II), the University Business Course, and Print Services Training. Post-opening, The UPS Store offers continuing consultation and advice via telephone, The UPS Store Hub, or other electronic means, with on-site visits at its discretion. Franchisees receive periodic supplemental or additional training programs and refresher courses, as well as advertising and promotional materials for local and regional marketing. The UPS Store also provides each Center with a website and submits directory listings to various online platforms like Google and Bing.

Initial Training Hours

197

Training Location

The UPS Store regional training locations, local/regional Certified Training Centers, and web-based/e-learning platforms

Ongoing Support

The UPS Store offers several ongoing support services to its franchisees after a Center opens. This includes making available software licenses and periodic upgrades for computer systems used for accounting, administration, financial reporting, and manifesting. Franchisees can request reasonable continuing consultation and advice via telephone, The UPS Store Hub, or other electronic means, and The UPS Store may send a representative for on-site assistance at its discretion. Supplemental and refresher training programs are provided periodically, which may be mandatory or optional, and are offered through online learning, regional workshops, and networking meetings. The UPS Store also develops and provides advertising and promotional materials for local and regional marketing, manages a website for each Center, and submits directory listings to online platforms.

Franchise Requirements

Ideal Candidate Profile

The UPS Store seeks candidates whose controlling owner can proficiently read, write, and converse in English. For first-time franchisees, they must meet financial qualifications and other guidelines for incentive programs, often requiring at least a 51% ownership interest in the franchise. The Center's day-to-day operations must be supervised full-time by an on-premises Primary Operator, who can be the franchisee or a supervisory employee. Even if the owner is not the Primary Operator, they must monitor the Center's operations and be aware of the Primary Operator's and other employees' actions and activities. For Multiple Center Owners, each Center must be overseen by a full-time, on-premises Certified Operator, with at least one Primary Operator for every five Centers.

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

retail

Owner Participation

supervisory

Territory Type

Non-Exclusive

Territory Size Requirements

The UPS Store territories for Non-Traditional Centers are generally limited to the address and site of the specific venue, such as hotels, military bases, universities, convention centers, self-storage facilities, or airports, and do not extend beyond the Center's address. The UPS Store does not grant a minimum territory size, as territory size depends on market factors in the area. The UPS Store reserves the right to modify the territory boundaries upon transfer or renewal of a franchise agreement or if the Center is relocated.

Staffing Notes

The UPS Store requires that each franchised Center be supervised full-time by an on-premises Primary Operator. This operator can be the franchisee or a trained supervisory employee. If the franchisee owns multiple centers (Multiple Center Owners), each Center must be overseen by a full-time, on-premises Certified Operator. A Multiple Center Owner is also required to have at least one Primary Operator for every five Centers they own, with specific ratios detailed (e.g., 1 Primary Operator for 1-5 Centers, 2 for 6-10 Centers, etc.). Additionally, at least one full-time supervisory employee at each Center must attend and successfully complete all parts of the Print Services Training program, with a replacement required within 60 days if that employee leaves. The overall number of employees to be employed is at the franchisee's discretion, but they must be competent and trained.