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Packaging And Shipping Specialists was started by Mike Gallagher in 1981 in Hobbs, New Mexico. With an awareness of the increased scattering of families across the nation, Mike saw a gap developing. Along with the remarkable expansion of mail order companies and the need of consumers to return unwanted merchandise, Mike recognized the gap between the limited hours, locations and services offered by standard package carriers and the needs of the shipping public. His goal was to meet that growing demand. In 1985 Mike relocated to Texas, and since that time he and his staff have assisted others in successfully opening hundreds of additional stores. Together, they continue to provide all the training and assistance new owners need in setting up and maintaining each P.A.S.S. business. And they provide total support in store operation, pricing, marketing and advertising as well as comprehensive ongoing assistance.
Liquid capital required
|
$20,000
|
Net worth required
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$150,000
|
Investment
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$91,000 - $138,000
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Franchise fee
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$28,900
|
Units in operation
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807
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$20,000 is required in available capital if you want to become a franchisee. You need to have a total net worth of $150,000 if you want to become an owner. $91,000 is the minimum that Packaging And Shipping Specialists expects its owners will need to invest in a new location. The most you would expect to invest in a Packaging And Shipping Specialists location is $138,000. Before you become an owner, you will owe the franchisor a franchise fee of $28,900. There is currently a total of 807 units in operation.
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