How Much Money Does A Ups Store Owner Make

02-18-2021, 01:11 PM

I would go talk to a few UPS store owners in different areas. Find them on LinkedIn and message them. It will be difficult to find that exact person on here, but one owner might stumble across your post.

I just know that my local UPS store has had the same owner working in it daily for 15+ years, and he's a miserable guy.

02-18-2021, 01:27 PM

I ready this

Con
Questionable Profitability – According to a very reliable source it takes "about $365,000 in annual gross sales" to produce a modest "$35,000/yr income for the owner" and "about 60% of all US stores do not break even." In other words, you will not see a nickel in profit until your UPS Store does over $30,000 in monthly sales consecutively every month, and you have to hope you are one of the 40% of franchisees that sees any profits at all.

02-18-2021, 02:11 PM

"The UPS Store ads call The UPS Store franchise "the perfect opportunity to be your own boss," a way to "take control of your business future & benefit from a world-class support system."
How much do The UPS Store franchise owners make for their initial investment of $154,947 – $293,473, ongoing expenses and sweat equity?
According to an one ex-franchisee: not much.
"Former Store Owner" calls The UPS Store franchise a "dirty little scam" that basically exploits wannabe entrepreneurs by seducing them with visits to exceptional, high-volume stores, then, once they've signed up, squeezing the profitability out of their stores with mandatory purchases and exorbitant royalties.
Are you familiar with The UPS Store franchise opportunity? Please share a comment below.
To make matters worse, says "Former Store Owner," their namesake shipper competes directly with franchisees by encouraging consumers to print out their own labels from home and simply drop off their packages at The UPS Store. The UPS Store franchisees get only $1.00 per drop off package, and are cut out of any share of shipping revenue.

Here's the account we received from "Former Store Owner":----
There is a list of various "problems"---plus, "comments."---

THE UPS STORE: How Much Do UPS Store Franchise Owners Make?

Remember, If it sounds too good to be true......

02-18-2021, 04:53 PM

Well, you all brought up a lot of the same things I was thinking. First off, I would never pay them for their services. One time, I had to ship a computer server so I needed a box. I think they wanted and additional $50 for the box and packing peanuts. I walked out, forwent to Target, asked for a box and did it myself. But, by me, they always have people on line. Maybe because am on along Island, where it costs a fortune to live, people don't mind squandering their money for this service. To this day, I only go their to drop off a package with prepaid shipping labels. My good friend knows two people that own them and both are making a lot of money. They seem to make a lot of money on their printing services too.

Like anything, many will scream that they make nothing and many will make a good living from it. I'll probably stay away. I would think the monthly rent here on Long Island would be a minimum of $6k/mo. Maybe I'll get a hotdog truck. Just kidding.

02-18-2021, 05:35 PM

Generalization: franchises are making money for the parent company, not the franchisee.

Pick a franchise that looks interesting and then open the same sort of business on your own where you don't have to pay franchise fees or buy the franchise products.

You can't open your own UPS store, but you can open one of the rental mail box places and offer all the same services.

02-18-2021, 06:58 PM

Quote:

Originally Posted by trusso11783 View Post

I was considering buying into the franchise. I want to leave my job and finish out my years having my own business. Can anyone give pro or cons about their experience after buying into UPS Store?

I have no personal experience, but my cousin just sold her franchise as she was ready to retire. She and her husband ran their UPS store (actually she ran it, it was hers, he just helped out now and then), and they made a very VERY nice income from it.