YOU CAN’T MAKE ANY MONEY WITH A UPS STORE!! That is PURE TRUTH!! – Michael Riggins
According to commenter Michael Riggins:
“I hired the BEST CPA in the Land who investigated an existing supposedly successful UPS Store with sales of over $300,000.00. We gave careful Due Dilligence and learned there was money being pumped into the business from the owner’s personal bank account to keep the business afloat. There is NO Money to be made in owning a UPS Store. I Promise you!!
“Watch out for UPS Store Franchise Owners as they will try to hide in their Quick Books showing they are succesful. Don’t Trust it……… They will tell you there is money to be made in printing and other services and that is all a BIG, HUGE, FAT PIPE DREAM!!! I have been an Executive of Retail Businesses for over 25 years and this is ALARMING!!!! There are large companies out there in every city that do printing and other services. They have sales people that call on businesses too…. So, get rid of the PIPE DREAM…..
“UPS charges FAT Franchise Fees and other Fees, and Fees, and Fees, and Fees. YOU CAN’T MAKE ANY MONEY WITH A UPS STORE!! That is PURE TRUTH!! You will have some Store Owners tell you that you can make money but they are saying it so they can sell their business and not have any bad info out there on the street. So Remember that……”
What’s your experience?
HAVE YOU HAD DEALINGS WITH THE UPS STORE FRANCHISE OPPORTUNITY? IS IT A SCAM? ARE UPS STORE OWNERS DECEPTIVE IN SELLING THEIR BUSINESSES? SHARE A COMMENT BELOW.
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First off, I have no doubt of it that the positive reviews are UPS plants. I own 2 independent stores that ship FEDEX and I am not making it. I have none of the expenses or fees that franchise owners have. If a franchise owner is saying he is doing really good, I would bet he is lying. Trying to sell and get out.
I found this website while searching for information about UPS business practices.
I sent a package through the local UPS Store, not knowing the separation between UPS and franchisees. First the package was delayed by a late truck at a stop in Illinois. It was a few hours late, but it delayed the shipment from Friday till Monday. The package continued to Indiana, and when it was put on the truck for delivery, it had the status, "Your package was damaged in transit. We will notify the sender with details. / All merchandise discarded. UPS will attempt to notify the sender with details of the damage"
Some hours later, I contacted UPS to see what was happening, which was when I found out that I was not the sender - my local UPS Store was! And that I could not start an investigation - it had to be started by the local UPS Store.
I do not understand why an investigation was not automatically started, nor do I understand why I, as the customer, could not request an investigation into what happened. It is clear that the damage happened on UPS' watch - not the local store. I don't see why the local UPS Store needed to be involved.
It is not only franchises are bad, the arbitration system is worse. Do not expect to get justice from the arbitration or legal system. Getting in a franchise is like to dig your own grave with your own money. If in Atlanta, GA, avoid Richard M. Asbill as your arbitrator. He does not favor franchisees and is a pro-franchise person. He makes money out of the franchise system. Avoid him if you are a franchisee.
Hello, Independent Owner, and all other unhappy UPS folks....
Sorry to hear about your struggles with your franchise.
My firm, Bridge Management Consulting, helps small business owners, who who are struggling with overwhelming debt resulting from a failing or closed business.
We’ve handled several franchisees who need to get out of their particular franchise hell, and we’ve successfully fought back on behalf of our clients. Don’t give into them!
Feel free to contact:
Ryan Lineham, Director of Client Services
401-390-3800
ryan@bridgemgt.com
I wanted to hear from Franchisee's about UPS store. I've heard enough. I'll use my in vestment elsewhere.
Sincerely thank you all for enlightenment! -T.Wayne
Thanks to all for helping me to decide to take my investment elsewhere.
Sincerely, TW
Are there any UPS Store owners out there who have actually had "legal action" taken against them due to non-compliances?? We continue to get threatening letters with no action. What action is taken? Just curious.
I want to thank everyone that spoke their mind and feelings. You all stop me from making a mistake that I would have regretted . I will look elsewhere to invest my retirement savings.
avoid the one on main street in galesburg il. go out to staples he is a real dick...
avoid the one in galesburg illinois on main street! go to the staples on henderson street. the franchiser is one of the rudest people i have ever ecountered!