PostNet
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PostNet offers full-fledged services—digital printing and copying, scanning, graphic design, computer rental, document finishing services, packing, private mailbox rental and more—to help small businesses and busy customers get their projects done. Each PostNet location is also an authorized domestic and international shipping center for UPS, FedEx, DHL and the U.S. Postal Service, providing great convenience and efficiency.
Since 1993, PostNet has grown to a global network of nearly 800 locally owned locations. Unlike other shipping, copying or printing franchises, PostNet’s business model is based on diversification. The company is committed to an open and inclusive culture, seeking to involve franchisees in all aspects of the organization.
| |
Operating Units |
12/31/2008 |
12/31/2009 |
12/31/2010 |
|---|
| | Franchised |
802 |
767 |
725 |
| | % Change | -- |
-4.4% |
-5.5% |
| | Company-Owned | 0 | 0 | 0 |
| | % Change | -- | 0.0% | 0.0% |
| | Total |
802 |
767 |
725 |
| | % Change | -- |
-4.4% |
-5.5% |
| | Franchised as % of Total |
100.0% |
100.0% |
100.0% |
Investment Required
The fee for a PostNet franchise is $29,900. PostNet also makes arrangements for an Area Representative Agreement and a Development Agreement.
PostNet provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| |
Item | Established Low Range | Established High Range |
| |
Initial Franchise Fee | $29,900 | $29,900 |
| | Center Development Fee |
$97,900 |
$97,900 |
| |
Fee for First Year Start-up Advertising Program |
$6,500 |
$6,500 |
| |
Lease of Center Premises |
$1,375 |
$6,000 |
| |
Equipment Lease or Rental Payments |
$970 |
$970 |
| |
Security Deposit Fees |
$3,000 |
$8,000 |
| |
Insurance |
$900 |
$2,000 |
| |
Initial Training Expenses |
$1,000 |
$2,500 |
| | Miscellaneous Pre-Opening Expenses | $3,500 | $7,500 |
| |
Additional Funds (8 - 12 Months) | $30,000 | $40,000 |
| |
Total Initial Investment |
$175,045 |
$201,270 |
Ongoing Expenses
PostNet franchisees pay a monthly royalty fee of 5% of gross sales as well as a monthly national advertising fund contribution fee of 2% of gross sales.
What You Get—Training and Support
PostNet’s comprehensive, three-step training program includes 7-10 days of classroom training, 40 hours of on-site training, and a follow-up training visit about 60-90 days after the center’s opening. PostNet’s real estate department helps franchisees to identify the best location after considering more than twenty factors including demographics, traffic patterns, physical attributes, competition and more. PostNet offers franchisees a complete development package that includes construction and layout advice, interior and exterior signage, initial inventory, an equipment package, a fully integrated point-of-sale store-management system, and a customer database to assist in marketing.
After opening, PostNet offers ongoing support over the phone, field support and an online franchisee network. Additional training is conducted through online programs and workshops at annual conventions and regional meetings.
Territory
PostNet grants exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, on-going expenses, training and territory grants were taken from the company’s 2011 FDD. The 2011 write-ups will be incorporated into the 2012 Edition of Bond’s Top 100 Franchises publication.
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