PostNet
Yes, we actively support the inclusion and development of minority-owned franchises in the PostNet system.
PostNet
1819 Wazee St.
Denver, CO 80202
800#: (800) 841-7171
Tel: (303) 771-7100
Fax: (303) 771-7133
E-mail: info@postnet.com
Web Site: www.postnet.com
Contact: Mr. Brian Spindel, Executive Vice President
POSTNET's franchise opportunity offers a proven method of marketing products and services, which consumers and businesses need on a daily basis. The opportunity to get in on the ground floor of a rapidly expanding business is a rarity -- POSTNET's domestic and international franchisees have the opportunity to tap into the world market, offering personal and business services including UPS, DHL, FedEx, Shipping, B/W and color copy services, private mail boxes, fax, printing and much more.
Franchisor Background
Established: 1992
First Franchise: 1993
Franchise Units: 900
Company-Owned Units: 0
Total Units: 900
Distribution:
> North America -- Operations in 39 States, 2 Provinces
> States/Provinces with Greatest Density: 89 in CA, 54 in TX, 31 in FL
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 2 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,200 SF; SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $50K
Total Investment: $174.3-195.8K
Average Total Investment: $180K
Minimum Net Worth: $300K
Fees
>Franchise: $29.9K
>Average Franchise Fee: $29K
>Royalty: 5%
>Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 15/15
Passive Ownership: Not Allowed
Area Development Agreements:Yes/Varies
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 30
On-Going Support: C,D,E,F,G,H,I (for an explanation click here)
Training: 2 Weeks in Denver, CO; 1 Week at Store Opening; 2-3 Days Follow-Up.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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