5 Best Franchises To Own in 2024

3. The UPS Store

Number of Mentions: 5

Number of Franchise Locations: 5,000

The UPS Store, a subsidiary of United Parcel Service, Inc. (NYSE:UPS), ranks among the best franchises to own in 2024. The UPS Store provides a range of services including shipping, shredding, printing, fax, passport, photos, personal, and business mailboxes. To open a franchise, the franchisee must have at least $75,000 in liquid capital which may be a combination of cash, bonds, stocks, and mutual funds. Startup franchise costs may range from almost $247,306 to $476,993 for traditional locations, $218,128 to $419,226 for rural locations, and $101,818 to $310,779 for in-store locations.