Starting a new business can be a time-consuming process. You could buy a franchise, but there are so many to choose from. Many savvy entrepreneurs prefer to hit the ground running with an existing business that has great brand recognition. The UPS Store not only leads its own category for franchise sales, but it consistently lands on annual top franchise lists.
Buying an existing UPS Store makes a lot of sense, too. On average, it can take three to four years for a new mailbox rental business to turn a profit. Quite often, owners give up just before it happens. Plus, the actual income potential when buying a UPS store may be as much as 10% to 20% higher than starting a franchise from scratch if the store is in a good location and has a good customer base.
The UPS name and the extensive services you're able to offer may make all the difference in your financial success. Owners can offer customers 20 additional services in their UPS Store business including shipping and packaging, faxing, and notary public services. If marketed correctly, some of those extras can be 99% pure profit for the owner. If you're looking for a UPS business for sale, check out BizQuest's listings and send a request for more information!
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Guidant will show you how to use your retirement Funds to finance your dream of business ownership, with no tax penalties. These funds can even be combined with SBA and other bank loans to reach your total desired capital.
To qualify, you’ll need at least $50k in 401(k), IRA or other eligible retirement funds.