Details
Overview
Supply Pointe is a logistics and transportation franchise that offers a flexible, home-based business model with low overhead costs and minimal initial inventory. The franchise focuses on providing logistics solutions, including freight forwarding, shipping services, and packaging solutions like pallet boxes and bulk containers. Supply Pointe operates within the $70x0.4 billion transportation industry, aiming to assist companies in moving equipment, raw materials, and finished goods efficiently.
History
Supply Pointe was founded in 2002 and began franchising in 2017. The company's headquarters is located in Charlotte, NC. Over the years, Supply Pointe has developed a robust support system for its franchisees, ensuring they receive comprehensive training and ongoing assistance to succeed in the logistics industry.
Investment Breakdown
- Franchise Fee: The initial franchise fee is $35,000.
- Initial Investment: The total initial investment ranges from $55,300 to $74,500.
- Ongoing Fees: Includes a 7% royalty fee on gross sales.
- Financing Assistance: Available through third-party sources, which may cover franchise fees, startup costs, equipment, inventory, and payroll.
Industry Snapshot
The logistics and transportation industry is a critical component of the global economy, valued at over $700 billion in the United States alone. This industry includes freight forwarding, trucking, and pallet services, all essential for the movement of goods across the supply chain. The industry has shown resilience and growth potential, particularly in the wake of global disruptions like the COVID-19 pandemic, which highlighted the importance of efficient supply chain management.
Brand Information
| Cost | $49,500 |
| Investment | $130,500 - $290,500 |
| Royalty Fee | 25% |
| Brand Fund Fee | 1% |
| Founded | 2002 |
| Franchising Since | 2017 |
| Locations | 9 |
