Ups Store Owner Income The UPS Store franchise can be a profitable business venture The average cost to open a store is around 350 000 The minimum investment amount required to open a The UPS Store Traditional franchise is 138 433 It can go all the way up to 470 031 The average adjusted gross sales for a UPS Store in 2020 was 607 750 according to their 2021 Item 19
The estimated total pay for a Owner at The UPS Store is 115 278 per year This number represents the median which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users The estimated base pay is 115 278 per year The Most Likely Range represents values that exist within The UPS Store s initial franchise fee royalty fee and marketing fee based on Items 5 and 6 of the company s 2022 FDD Initial Franchise Fee 19 950 to 29 950 Royalty 5 of Subject to Royalty STR The UPS Store Marketing Fee 1 of STR National Advertising Fee 2 5 of STR
Ups Store Owner Income
Ups Store Owner Income
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Owning a Franchise FAQs | The UPS Store Canada
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How Profitable is a UPS Store? How Much Will it Cost to Open?
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How profitable is a UPS store 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 Securing profits is a question of how hard franchisees work the support and training corporate supplies and talented marketing It has been reported by The Balance that it takes a UPS Store franchise 365 000 in annual gross sales for a franchise owner to yield a 35 000 a year income
If this is true then the average store will exceed this target giving you an income somewhere above that modest figure However the same source states that only 40 of UPS Stores make a profit at all and if this is the case then to reach a 607 750 gross sales average some of those 40 of stores must be earning significantly above average The average The UPS Store salary ranges from approximately 33 303 per year for a Retail Sales Associate to 130 343 per year for a The UPS Store hourly pay ranges from approximately 15 per hour for a Part Time Package Handler to 55 per hour for an Owner The UPS Store employees rate the overall compensation and benefits package 2 5 5
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Opening The UPS Store franchise will cost investors between 185 306 and 474 193 This company s franchised locations make on average 607 750 of gross sales per year with 10 of the profit margin The UPS Store franchise owner can make approximately 60 000 yearly by operating an average earning location The estimated total pay for a Owner at The UPS Store is 76 163 per year This number represents the median which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users The estimated base pay is 76 163 per year The Most Likely Range represents values that exist within the
Save yourself and your family the stress and financial heartache please My assumption is that the 35k you mention is net profit after expenses including payroll If you are going to own and operate your own store without hiring a manager you can expect another 50k above that 35k This is for a healthy store 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
The UPS Store - Wikipedia
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Buying and Owning a UPS Store Franchise - My Experience and Review
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Ups Store Owner Income - How much do UPS store owners make on average As for a UPS Store there is no known data as to how much do they make on average But according to reports UPS Store franchisees get 1 00 for every drop off package And for franchise owners to make 35 000 a year as income they d have to make 365 000 in annual gross sales You ll need