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PostNet Neighborhood Business Centers

Packing & shipping, printing, copying

Background

Founded: 1985 Franchising since: 1993
Steven Greenbaum and Brian Spindel founded PostNet in 1985, and began franchising the concept in 1993. PostNet Neighborhood Business Centers offer graphic design, printing, copying and shipping services for home-based and small- to medium-sized businesses, as well as consumers.
1819 Wazee St.
Denver, Colorado 80202
Phone:
(800)841-7171/ (303)771-7100

Franchisee Association
PostNet National Franchise Advisory Council

Franchisor is a privately-held company with 35 employee(s); 30 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 424 26 352 0
2008 415 29 304 0
2007 491 11 296 0
2006 448 8 332 0
2005 444 4 320 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 0.5 mile urban, 1 mile suburban, 1.5 miles rural

Costs and Fees

Total investment: $172K-198.3K
Franchise fee: $29.9K
Ongoing royalty fee: 5%
Term of agreement: 15 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $300K
Cash liquidity requirement: $50K-60K
Business Experience:
  • General business experience
  • Marketing skills
  • Good people & communication skills

Operations
  • 14% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 2 - 5
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks
  • At franchisee's location: 1 week
  • At store location : 2-3 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Ad slicks
  • National media

Other marketing support
  • First-year advertising program

Rankings

Franchise 500® rank:
#167 (2009); #105 (2008); #101 (2007); #104 (2006); #75 (2005);

Fastest-Growing Franchises:
#89 (2008); #48 (2005);

America's Top Global Franchises:
#132 (2009); #90 (2008); #66 (2007); #68 (2006); #63 (2005);


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