Business Summary:
The UPS Store franchise is featured prominently in Entrepreneur Magazine’s annual “Franchise 500”. The ranking is based on factors such as financial strength, growth rate and size. The UPS Store was #5 among all franchises, and #1 in the postal business services category for the 15th straight year. The Rexburg UPS Store opened in November 2004. Services offered include UPS, postal shipping, packaging materials sales and services. The Rexburg Store has shown strong growth over the years even with employee-based management vs. owner/operator management. The Rexburg UPS Store operates in a 1,600 sq. ft. leased unit of Teton River Village, directly opposite Wal-Mart on 2nd Street East, the main north-south traffic artery in Rexburg. The city has a population of 27,000 and is located in southeast Idaho’s Snake River Plain. Situated in an agriculturally rich area and within view of four major mountain ranges, Rexburg has continental-type climate at an elevation of 4,865 feet. BYU-Idaho has become one of the largest universities in the state, with an enrollment of approximately 15,000 students. This has combined with the abundant nearby recreational opportunities to make Rexburg one of the fastest growing communities in Idaho since 2006.UPS shipping, meter mail, packaging and packing materials account for approximately 70% of the gross sales. UPS Stores however are increasingly expanding their document services with new online printing solutions for both business people and householders who need printing jobs done quickly and cost effectively. Small businesses in particular use private mailbox rental to receive packages any time of day from all carriers, something the US Post Office cannot do. In conclusion, both document services and mailbox rentals are two profit centers that an owner/operator can promote well beyond their current levels. Over the last five years the location has become established and has a strong customer base.
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