The UPS Store (formerly Mail Boxes Etc.) is a

subsidiary A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a sam ...

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 e ...

fax Fax (short for facsimile), sometimes called telecopying or telefax (the latter short for telefacsimile), is the telephonic transmission of scanned printed material (both text and images), normally to a telephone number connected to a printer o ...

, passport photos, personal and business mailboxes, and notary services.

History

In March 2001, UPS acquired

Mail Boxes Etc The mail or post is a system for physically transporting postcards, letters, and parcels. A postal service can be private or public, though many governments place restrictions on private systems. Since the mid-19th century, national postal sys ...

., 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 servi ...

. 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

, packaging,

, 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 states, a federal district, five major unincorporated territo ...

and Canada. 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''., headquartere ...

’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 Printing companies of the United Statesbr>upsers login