Mail Boxes Etc targets 120 store footprint by 2025
Mail Boxes Etc plans 80 more stores for Australia in an aggressive expansion plan for the next five years. This will include PostNet stores converting to a Mail Boxes Etc (MBE) livery after the closure of the former brand.
Clayton Treloar, CEO of MBE, told Inside Franchise Business he is still in talks with a handful of the 16 former PostNet franchisees and expects to bring about six franchisees into the MBE fold.
Treloar said “MBE is part of a large group of 2,500 locations around the world and with the recent closure of PostNet Australia, each PostNet franchisee had the opportunity to come on board at very little or no cost.”
The first such franchise to join has now transitioned into MBE Broadway in Sydney.
MBE is looking to add up to 80 more centres nationally. That will bring the store tally to 120 within five years.
“We’ll always have retail outlets. It’s aggressive but doable. Our enquiries are up, the entry price point is so affordable.”
MBE offers several income streams for franchisees across three different business models: full store, mini store and kiosk.
The kiosk model starts at $50,000, the mini store costs from $80,000.
Treloar said “With the huge increase in pack and ship business across all centres, we are truly a multi revenue business bringing together printing, shipping and mailbox rental to form our business service centre. It’s like running three businesses in one, which makes for a profitable little business.”
The Covid-19 pandemic has given MBE essential business status as it provides B2B and C2B logistics across Australia and around the world.
Treloar said the logistics field has picked up significant extra business.
“Shipping has gone through the roof and online orders are up about 25 per cent each year.”
The business generates business equally between domestic and international clients and is a Fedex agency.