InXpress
Shipping services
- 2023 Franchise 500 Rank
-
N/R Ranked #403 last year
- Initial investment
-
$86K - $167K
- Units as of 2022
-
431 21.4% over 3 years
You no longer have to leave your house to get the basics. You may buy and sell goods from the comfort of your home with an InXpress franchise. InXpress is a home-based business-to-business company that sells global shipping and logistical services to small and medium-sized businesses.
Starting an InXpress franchise may be one of the easiest ways to run a fully functional business without a store-front or employees. It's a home-based business that does not typically require shipping experience to get started. This alone might make it a great company for the technology-filled era that is the 21st century.
Why You May Want to Start an InXpress Franchise
InXpress franchises are typically fairly affordable to startubeginp and not too difficult to run. You may not have to worry about real estate, equipment, or employees. This might save you money on capital expenses.
In an underserved market, this may be a great time to jump on board with InXpress. You may not need any previous industry expertise, and some franchisees may see their business steady and efficient within just a few years. While your overhead is low, the brand may give you the power and tools to act like a much larger company. Better yet, with their reasonable shipping rates, your customers might feel that way, too.
What Might Make InXpress Franchise a Good Choice?
Franchisees are typically responsible for connecting clients to ideal shipping options. InXpress franchisees may be able to partner with world-class carriers that take care of pick-up and delivery services. InXpress has partnered with major players in the shipping game who may do the actual shipping for you.
InXpress handles most of the elements and customer shipping requirements, potentially saving the franchisee time and money.
To start an InXpress franchise, you should make sure that you are financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include royalty fees and potential renewal fees.
How Do You Start an InXpress Franchise?
Becoming an InXpress franchisee is not typically particularly difficult. Still, there are a few steps you may need to take to become one of the many InXpress franchisees. If you don't have an existing business, you might need to observe and document the needs of small-scale businesses around you to decide which types of goods and services to offer.
After that, you may want to do some market research. It might be beneficial to determine if there is a sustainable customer base in your preferred location. When you're ready, you generally submit your application and wait for a franchise representative to reach out to you.
The InXpress franchise team might carry out training for you to learn more about the franchise. They may analyze and approve your financial details after the above steps. Once you meet all the franchise requirements, your application might be approved, and you may be free to open your InXpress franchise. InXpress may help you every step of the way.
Company Overview
About InXpress
- Industry
- Business Services
- Related Categories
- Shipping Services, Miscellaneous Business Services
- Founded
- 1999
- Parent Company
- InXpress
- Leadership
- Paul Knott, Interim CEO
- Corporate Address
-
10619 S. Jordan Gateway Blvd., #110
South Jordan, UT 84095
Business Overview
- Franchising Since
- 2000 (2023-2000 years)
- # of employees at HQ
- 61
- Where seeking
-
This company is offering new franchisees throughout the US.
This company is offering new franchisees worldwide.
- # of Units
- 431 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a InXpress franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $50,000
- Initial Investment
- $85,600 - $166,990
- Net Worth Requirement
- $150,000
- Cash Requirement
- $25,000 - $65,000
- Veteran Incentives
- 15% off franchise fee
- Royalty Fee
- 30% of gross margin
- Term of Agreement
- 5 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- InXpress has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 50-79 hours
- Classroom Training
- 128-219 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- No
Interested in ownership opportunities like InXpress? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where InXpress landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where InXpress ranked on other franchise lists? Find out below.
Ranked #1 in Shipping Services in 2022
These are the companies that not only ranked in this year’s highly competitive Franchise 500, but ranked #1 in their respective industry categories.
Ranked #100 in 2023
If you're interested in an opportunity with international appeal, start your search with our ranking of the top franchises seeking to expand outside the U.S.
Ranked #93 in 2023
Buying a franchise on a budget? No problem. Here are the top franchises that can be started for less than $100,000. For more low-cost opportunities, see our lists of franchises that can be started for less than $50,000 and less than $150,000.
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