How Does Postal Annex Make Money

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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.

Parent Company: Annex Brands Inc.

Leadership: Patrick F. Edd, CEO & President

Franchising Since: 1986 (35 years)

# of Units: 303 (as of 2021)

Corporate Address: 7580 Metropolitan Dr., #200
San Diego, CA 92108

Corporate Address: Postal Annex+

Here's what you need to know if you're interested in opening a Postal Annex+ franchise.

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: $29,950

Initial Investment: $167,800 - $247,850

Net Worth Requirement: $200,000

Veteran Incentives: 20% off franchise fee

Term of Agreement: 20 years

Is franchise term renewable?: Yes

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing: Postal Annex+ has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training: 32 hours

Classroom Training: 72 hours

Additional Training: At regional conferences

Ongoing Support: Franchisee Intranet Platform

Marketing Support: Marketing Planning & Support

Additional details about running this franchise.

Is absentee ownership allowed?: Yes

Can this franchise be run from home/mobile unit?: No

Can this franchise be run part time?: No

# of employees required to run: 3

Are exclusive territories available?: Yes

Compare where Postal Annex+ landed on this year's Franchise 500 Ranking versus previous years.

Curious to know where Postal Annex+ ranked on other franchise lists? Find out below.

Are you eager to see what else is out there? Browse more franchises that are similar to Postal Annex+.

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Disclaimer

The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.

Updated: February 8th, 2021