I am thinking of looking into owning a UPS franchise store. I am thinking the money I would save in shipping my own internet orders would be a nice amount. I am thinking I can get other people I know who have web based businesses to ship through my ups store. I am thinking the rates I will get I will be able to match the rates of other web based businesses. I think the profit margin would be very very very small in that case as its not a regular retail customer but I think the volume will help my overall pricing with ups.
Am I in lala land dreaming away lol.
Anyone else ever think of this? Or am I nuts! lol
UPS will likely ask you to disclose any existing business partnerships. They will also likely ask to close your online store because of a conflict of interest, where you are taking advantage of reduced rates without having the real-world volume to support them.
As a UPS Store Franchisee:
You’re only going to get about 40% off the UPS Published rates. Whereas you could get some pretty steep discounts on your own Account (without owning a Store,) if you do enough volume.
And your going to pay about 10% in Royalties. (It’s actually 8.5%, but Franchisees also pay Advertising that is paid into local “Co-op” group.)
And you’re going to have overhead and employees.
And you’re going to be required to be open part of the day on Saturdays
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