The UPS Store (formerly
Mail Boxes Etc.
MBE Worldwide S.p.A. ("MBE"), is a third-party provider of shipping, fulfillment, print and marketing via a network of franchised locations. MBE is a family-owned Italian holding company based in Milan, Italy. It is one of the world's largest net ...
) is a
subsidiary of
United Parcel Service
United Parcel Service (UPS, stylized as ups) is an American multinational shipping & receiving and supply chain management company founded in 1907. Originally known as the American Messenger Company specializing in telegraphs, UPS has grown t ...
which provides, according to its website,
shipping
Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been ex ...
,
shredding,
printing
Printing is a process for mass reproducing text and images using a master form or template. The earliest non-paper products involving printing include cylinder seals and objects such as the Cyrus Cylinder and the Cylinders of Nabonidus. The ...
,
fax,
passport photos,
personal and business mailboxes, and
notary services.
History
In March 2001,
UPS acquired
Mail Boxes Etc., which was founded in 1980 as an alternative to the
post office
A post office is a public facility and a retailer that provides mail services, such as accepting letters and parcels, providing post office boxes, and selling postage stamps, packaging, and stationery. Post offices may offer additional serv ...
. In February 2003, UPS rebranded more than 3,000 Mail Boxes Etc. locations as The UPS Store.Each location is independently owned.
Services
The UPS Store offers
shipping
Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been ex ...
, packaging,
printing
Printing is a process for mass reproducing text and images using a master form or template. The earliest non-paper products involving printing include cylinder seals and objects such as the Cyrus Cylinder and the Cylinders of Nabonidus. The ...
,
shredding,
notary services and postal services for individual consumers and small businesses. Franchise locations are typically found on or near military bases, hotels, colleges, shopping centers and convention centers. there was 5,268 UPS Store locations across the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five ma ...
and
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tota ...
.
Each UPS Store also serves as an access point for UPS shipping where customers can drop off packages with prepaid labels, as well as pack and ship new shipments.
The UPS Store's other major industry is printing. The store offers brochures, door hangers, car magnets, flyers, yard signs, menus for restaurants, manuals, and
3D printing
3D printing or additive manufacturing is the construction of a three-dimensional object from a CAD model or a digital 3D model. It can be done in a variety of processes in which material is deposited, joined or solidified under computer ...
.
Franchises
The UPS Store is the world's largest franchisor of retail shipping, posting, printing, and business service centers. The initial UPS Store Franchise Fee is $29,950. You have to pay this upfront fee when opening a UPS Store franchise. The fee, however, reduces to 19,950 for second and subsequent franchised locations. For “Underserved Groups,” the fee reduces to $14,950. The estimated total investment necessary to begin the operation of a UPS Store Franchise ranges from $240,959 to $508,472. The following costs are part of the upfront costs included in the ''initial investment'' for a UPS Store. Many of these are one-time fees that are needed to launch the franchise. Investors who are veterans receive the additional benefit of $10,000 off the initial franchise fee, along with 50% off the application fee. The royalty fee for a UPS franchise is 5%, while the ad royalty is 2.5%. UPS offers two financing options for investors — in-house financing, which covers start-up cost, equipment, and inventory and third party financing. The UPS store has relationships with outside sources that offer financing which covers the franchise fee, start-up costs, equipment, and inventory.
Awards
In 2019 and 2020, The UPS Store was ranked fifth overall among the top franchise brands in
Entrepreneur Magazine
''Entrepreneur'' is an American magazine and website that carries news stories about entrepreneurship, small business management, and business. The magazine was first published in 1977. It is published by ''Entrepreneur Media Inc''., headquarte ...
’s
Franchise 500 list. The company ranked third on the Franchise 500 list in 2021.
References
External links
*
{{DEFAULTSORT:UPS Store
Companies based in San Diego
American companies established in 1980
Retail companies established in 1980
American companies established in 2003
Retail companies established in 2003
Store
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