Postal Connections franchise opportunity:  Are you considering it?

Be aware that data released by the Small Business Administration (SBA) indicates that Postal Connections franchise owners who qualified for SBA-backed franchise loans have a very high loan failure rate of 35%.

That qualifies Postal Connections for inclusion in UnhappyFranchisee.com’s list of WORST FRANCHISES IN AMERICA (by SBA loan defaults)

Are you familiar with the Postal Connections franchise opportunity? If so, please share your experience, opinions or insights with a comment below.

If you are an Postal Connections franchise representative or employee, please leave a comment or email us at UnhappyFranchisee[at]gmail.com.

Postal center franchises that appear on the WORST FRANCHISES  list include AIM Mail Centers (44%), Postal Connections (35%), PostNet (30%), Postal Annex+ (30%) and Pak Mail (28%).

The UPS Store franchise is not on the SBA worst list, but it is one of the most controversial franchises among franchisees (See THE UPS STORE Franchise Complaints)

Postal Connections franchise owners have an alarming 35% SBA default rate.

The apparent drop in U.S. Postal Connections franchises in recent years is also a franchise red flag.

Postal Connections Franchise
Postal Connections U.S. franchises in 2008: 72
Postal Connections U.S. franchises in 2012: 46
Growth in franchise units 2008 – 2012 (#) -26
Growth in franchise units 2008 – 2012 (%): -36%
SBA loans granted since 2001: 33
SBA loan failure rate: 35%
Sources:  Entrepreneur (growth), company website (growth), Coleman report (SBA)

The inability to repay an SBA-backed loan (or any franchise loan, for that matter) indicates a serious situation for the franchisee.

It’s likely that Postal Connections franchise owners who received SBA loans may have collateralized their franchise loan with their homes or other personal assets, and many were unable to repay those franchise loans… despite the serious incentive to do so.

Are you familiar with the Postal Connections franchise opportunity?

What do you think accounts for the SBA loan failure rate of Postal Connections franchise owners?

What steps should Postal Connections be taking to stop further franchise failures?

Has Postal Connections taken serious action to address the problems that led to these loan failures?

Please share a comment (anonymous is fine) or Contact UnhappyFranchisee.com.

ARE YOU FAMILIAR WITH THE POSTAL CONNECTIONS FRANCHISE OPPORTUNITY?  PLEASE SHARE A COMMENT BELOW.

Contact UnhappyFranchisee.com

Postal Connections, Postal Connections franchise, Postal Connections franchise complaints, Postal Connections complaints,  postal franchise, postal centers franchise, shipping franchise, franchise failure rates, SBA franchise loans, worst franchises, unhappy franchisee

unhappyzee

Recent Posts

The JDog Report: An Urgent Call to End the Exploitation of Veterans in Franchising [UPDATED]

361 Veteran-owned JDog franchises have been terminated by Jerry Flanagan & JDog Franchises LLC, and/or…

3 weeks ago

List of JDog Franchisees With Closed or Failed Franchises – UPDATED

That JDog Brands and Julip Run Capital have been allowed to target Veterans & military…

3 weeks ago

How They Mislead With Item 19 (DonutNV Example 1)

According to the FTC, “The FTC’s Franchise Rule permits a franchisor to provide information about…

4 weeks ago

DonutNV Franchisee Turnover Confirmed by 2025 FDD

In this post:  A List of DonutNV franchise owners who exited the system;  The 2025…

1 month ago

DONUTNV:  Franchise Fastlane’s Jake Hamburger No Longer a Franchisee

Franchise Fastlane pitchman Jake Hamburger sold a lot of DonutNV franchises in recent years.  Part…

1 month ago

100% Chiropractic Franchise Owners Allege Mistreatment, Failures, Closings

100% Chiropractic franchise owners have issued a press release alleging a toxic culture, a broken…

1 month ago