You understand that each of

You understand that each of the profit centers and services provided in your Center may be provided by others, including mailbox service, copying, packaging, and shipping and that new competitors, including well-established entities, such as the U.S. Postal Service, JN0-311 may appear at any time and may locate any type of retail outlet within your exclusive franchise territory.
It is also possible that another Center may be located adjacent to your franchise territory, 640-460 and depending upon circumstances, may even be placed ON THE BOUNDARY LINE of your franchise territory (but outside of your franchise territory). Any of these events may adversely affect your operations and profitability. You further understand that any 642-504 “exclusive uses” you have in your Center lease may not be honored by your landlord or may not be enforced by a court.

Ups Store National Class

Ups Store National Class Action In 2001, UPS purchased the Mail Boxes Etc. franchise. In 2003, Mail Boxes Etc. coerced more than 3,500 franchisees to convert to The UPS Store brand through its Gold Shield Program. Non-converting plaintiffs brought a lawsuit in Los Angeles Superior Court in 2003. The lawsuit was joined by a converting store owner as a representative class plaintiff. Today, Los Angeles Superior Court Judge William Highberger issued a tentative order certifying a national class of plaintiffs consisting of approximately 3,500 MBE franchisees who converted to The UPS Store as part of the Gold Shield program. The national class of plaintiffs alleges fraud against defendants Mail Boxes Etc. and UPS. The hearing on the class certification is set for Friday, June 19, 2009 at 1:30 p.m. in Dept. 307. The courthouse is located on the corner of Commonwealth and Sixth Street just west of downtown Los Angeles. The Court commented that the proceedings are public and all are welcome to attend. We encourage you to do so, as this hearing is an important step in preserving the class members’ claims for fraud and damages.

UPS Stockholders

If you are a stockholder and really care how you get your money and not just wait for that check, then ask UPS why the UPS Stores are not in the annual report and how they are doing. When you own a company, you should report on it. UPS does not do that. The whole world seems to move on what UPS does each quarter. Why is that? They may get the job done but at the expense of over 4,500 store owners. Don't buy a new store or a transfer, not even if it shows a profit because that profit is fleeting. Ask yourself if this store is such a great thing, then why are the owners selling or why are there so many for sale for less then what they could be? They know what goes on behind the scenes and you don't find that out until you buy. Put your money in stocks and bonds. Have something for your retirement.

The new FOC should be out

Anyone have a copy or know how to get a copy from the FTC?

EXPOSING THE UPS SCAM

1st half of the IAMCO arbitration litigation ruling coming up in the next 7 days. 2nd half of IAMCO trials in appellate court and that will go forward as past eperiances have shown. This group are solely MBE stores. PSA (Platinum Sheild Assoc) have been awarded a class action status on behalf of the UPS Stores and that is in full swing. PSA individual litigations (also MBE stores only) are waiting for their ruling from the appellate court and are optimistic on that as experiance will show again. BSA (Brown Sheild Assoc)has 1st trial date of SEPT.16,2008 for the UPS STORES and after that the 2nd trial for the converted UPS STORES 30 dats after. Lets do the math 30 + 165 + 217= 412 group litigations add on about 50 more personal litigations and than add on 5000 more in the class action litigation and we have 5462 litigants all taking action against UPS just on the franchise alone. Anyone want to buy into this franchise?

MBE/UPS stands for "MOSTLY BAD EXPERIENCE"

My wife and I purchased an MBE store in 2000. It was a new style store, one of the first in Canada. We did our due dilligance by checking with stores in our area. What we did not realize (and weren’t told) was that they built their stores for max $75,000 at least 5 years prior. This was the amount they were expensing off in their financial statements. We knew we were paying somewhat more than the original stores, what with inflation and the cost of the series 2000 store. It cost us over $250000 to get up and running with the buildout and equipment. We tried for over 4 years to make it. I never drew a penny out of the complany in over 4 years. I was fortunate my wife had an income that allowed us to live. I was relieved when she finally said she would not invest any more money. We closed the doors, and our esteemed Area Franchisee paid all of $11000 for our $250000 investment. Enron fraud — MBE and UPS are worse. MBE stands for mostly bad experience. Don’t touch it unless you’re looking for a huge tax write off. We had a Small Business loan from the Royal Bank secured by equipment and a personal guarantee and had a 25% Government Guarantee. When we closed the store, the Royal Bank seized the store for the security. To reopen the store, the Area Franchisee made an offer to the Bank for $11,000 and received the store in return. We had to pay the bank the balance owing, (except the part secured with the Gov Guarantee) based on our personal guarantee. Needless to say, our losses are much larger than the small business loan, because we had mortgaged our house to the limit (it was nearly paid for before our crazy decision to go into business with MBE). We will be paying on the mortgage for the next 15 years. And we are both close to 65. Further to my comments above, a surprising benefit we did receive was from Revenue Canada. When we closed the company books with our Chartered Accountant, he made a very conservative filing of our loss so we would be eligable for a tax write off. He told us we would be getting an audit from Revenue Canada. He said Revenue Canada are not your friends, and to only tell them what they asked with their questions. We filed our income tax, and sure enough, we received a letter from them that we were being audited. I sent them all of the information they asked for. Within a few days, Revenue Canada phoned me. The gal doing the audit asked me what was going on with MBE/UPS. She said she had several files on her desk that were very similar to ours. I told her the whole story. I twigged that this may be a way of getting some come-uppance. I knew we would never know the results of the audit. She almost sounded excited. She asked who the Area Franchisee was, and the names of the big wigs in Oakville. She asked me to send proof of our total losses (on top of what our accountant claimed). To make a long story short, regardless what we think of Rev Can, we received a great tax write off. Also, I would love to have been a fly on the wall in Oakville when Corporate Office was audited.

Yet another store closing

My husband and I opened our store nearly three years ago. This week we will be closing it and just walking away suffering, of course, a huge loss. The reason, as you are all aware, is we cannot continue to fund the lies told to us by UPS. Our The UPS Store franchise was totally misrepresented to us by our area franchise director (as he likes to call himself). The last thing we needed was another hand in our checking account. Seems he has lined his pockets with cash for every contract/lease he got us into although he states he was "acting in our best interests". All can rest assured that we will never again in our lifetime be a UPS customer. I would sooner walk my packages to their destination than to give up another of my hard earned dollars to UPS.

The UPS Stores = BAMBOOZLED!!!

Also, if you have rent, (around #3,500.00 per month) a small business loan (Monthly Payment approx. $2,500.00 per month, you're already have been BAMBOOZLED! You're lost it all!! DO NOT I REPEAT, NO DO NOT buy a UPS Store!!!!