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Entrepreneur: Start & Grow Your Business

Postal Annex+

Packaging, shipping, postal & business services

Background

Founded: 1985 Franchising since: 1986
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.
7580 Metropolitan Dr., #200
San Diego, California 92108
Phone:
(800)456-1525/ (619)563-4800

Franchisee Association
Postal Annex+ National Franchise Advisory Council

Franchisor is a privately-held company with 25 employee(s); 15 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 315 0 2 0
2008 333 0 2 0
2007 343 0 2 0
2006 345 0 2 0
2005 311 0 2 0

Where Seeking Franchisees
In the U.S. 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, Pennsylvania, South carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Half-mile radius

Special Programs
PostalAnnex+ locations support community organizations such as hospitals and animal shelters. Stores also participate in fundraising walks.

Costs and Fees

Total investment: $138.8K-200.1K
Franchise fee: $29.95K
Ongoing royalty fee: 5%
Term of agreement: 20 years, renewable
Express/kiosk option available

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: $200K
Cash liquidity requirement: $75K
Business Experience:
  • Must speak English

Operations
  • 35% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 3
  • Absentee ownership of franchise is allowed. (96% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 10 days
  • At franchisee's location: 4 days
  • At regional conferences : 3 days

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

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • Marketing resource guide

Rankings

Franchise 500® rank:
#196 (2009); #99 (2008); #116 (2007); #117 (2006); #123 (2005);

Fastest-Growing Franchises:
#58 (2008);

America's Top Global Franchises:
#151 (2009); #91 (2008); #101 (2007); #104 (2006); #96 (2005);