Offering specialist logistic solutions, Pack Send are a company that offer tailor made packaging and transportation with an emphasis on unique packages.
About The Company
Since their creation in Australia in 1993, Pack Send have placed an emphasis on the customer and their needs. This operation went live in the UK in 2009 and since then Pack Send has experienced a pretty steady growth. Pack Send offer a number of standardised logistics and packaging options but the company really comes into its own when you look at some of the more unique jobs they have carried out including the packaging and sending of a 150KG replica Sherman Tank form the UK to the US and £1,000,000 worth of lab equipment. In terms of their record as a franchiser, Pack Send are accredited by the British Franchise Association whilst the Australian arm won the Australian Franchiser of the year.
How to Apply and Training
Applying to become a Pack Send franchisee is a pretty straightforward thing and can be done online. Pack Send look for franchisees that are able to demonstrate good management skills, particularly with experience with direct customer contact. The training is very hands on with you spending 4 weeks working with other franchisees as well as receiving ongoing support via Pack Send directly.
What is the Initial Investment?
Setting up a Pack Send store will cost on average £84,500 of which £50,000 is set aside for setting up your shop, £29,500 as a licensing fee and £5,000 for legal costs. Of the £84,500 at least 30% is expected to be liquid funds although 50% is recommended.
How Much Can This Earn?
There is no monetary potential expressed on the Pack Send website. The only thing that suggests how much you can explain to earn is that there is a gross profit margin of over 65%.
Conclusion
Arguably the greatest appeal of Pack Send lies in the relatively low start up costs. This is rather offset by the niche that your new franchise will operate in. I can’t help but feel that this is the kind of business that will benefit from business to business exchanges. This means that there would have to be extensive research into the call for something like Pack Send, namely because I don’t see this making money through footfall.
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