Postal Annex+ Franchise
Thursday, April 22, 2010 at 11:15PM Retailer offering postal and business services
While working as a consultant during retirement, Jack Lentz found a need for occasional access to copy and fax machines, packaging facilities and mail services. Frustrated when he couldn't find a store that offered the services he needed, Lentz decided to open his own. In 1985, he opened the first PostalAnnex+ location near San Diego, California.
In addition to offering the business services Lentz required, PostalAnnex+ stores rent postal boxes and handle packaging and shipping. Stores also sell greeting cards and office supplies.
Start-up Costs & Franchises Fees
What is the total cost to open a Postal Annex+ Franchises?
Total Cost: $138,800-$200,050
Total Franchise Fees: $29,950
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: Not Available
Term of Agreement: 20 years
Franchise Agreement Renewal Fee: $3.5K
Contact Information for Postal Annex+
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Postal Annex+ |
Phone Number: (619)563-4800 |
Postal Annex+ In the Press
No results at this time.Historical Expansion
In what year did Postal Annex+ begin operations? 1985
When did Postal Annex+ begin selling franchises? 1986
Year United States Canada International Corporate 2005 310 0 2 0 2004 300 0 2 0 2003 277 0 2 0 2002 268 0 2 0 2001 264 0 1 0
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No Other Sources for Financing: 70% of total including working capital
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
10% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 3
Absentee ownership of franchise is allowed. (96% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Must speak English
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes