Corporate Profile for Mail Boxes Etc., dated Friday, March 20, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Friday, March 20, 1998
Company Name: Mail Boxes Etc. (r)
Address: 6060 Cornerstone Court West
San Diego, CA 92121-3795
Main Telephone
Number: 619/455-8800
Main Fax
Number: 619/546-7488
Internet Home
Page Address
(URL) www.mbe.com
President/
Chief Executive
Officer: James Amos
Chief Financial
Officer: Gary S. Grahn
Chief Operating
Officer: David Bennett
Public Relations
Contact: Richard Hallabrin
Business number: 619/623-1718
Industry: Franchisor of Retail Business, Communications
and Postal Service Centers.
Company description: Mail Boxes Etc. (MBE MBE (in Britain) Member of the Order of the British Empire MBE n abbr (BRIT) (= Member of the Order of the British Empire) → tÃtulo ceremonial MBE n abbr (Brit) (= ) is the world's largest franchisor of business, communications and postal service postal service, arrangements made by a government for the transmission of letters, packages, and periodicals, and for related services. Early courier systems for government use were organized in the Persian Empire under Cyrus, in the Roman Empire, and in medieval centers, with more than 3,400 independently owned centers operating worldwide. In January January: see month. 1997, Entrepreneur magazine Entrepreneur Magazine is a publication that carries news stories about entrepreneurialism, small business management, and business opportunities. This magazine is published monthly, with a total of 12 issues annually. (No special extra issues are published. ranked MBE as the No. 1 postal business services franchise in its annual "Franchise 500." MBE was also ranked No. 11 in both the top 100 Franchises and Top 30 Fastest-Growing Franchises. In Entrepreneur's 1995 "Franchise 500," MBE was named the No. 1 non-food franchise. Founded in 1980, the company began franchising in 1980. A merger with U.S. Office Products was completed in November November: see month. 1997. On average, MBE opens one new franchise center every business day, and the company anticipates exceeding 5,000 locations worldwide by the year 2000. Individual domestic franchise sales for the fiscal year reached 320, the second-highest number ever recorded by the company. MBE has Master License agreements in place in nearly 60 countries. Total revenues for FY97 rose by 15 percent, to $67.8 million. For the fiscal year ending April 30, 1997, same-store sales Same-store sales is a business term which refers to the revenue generated by one of a retail chain's specific outlets during a certain period of time (often a fiscal quarter or a particular shopping season), compared to an identical period in the past, usually in the previous year. increased 8.4 percent compared with FY96. Royalty and marketing fees were up 14 percent for the year. The MBE network is uniquely positioned to satisfy a growing need for retail outlets retail outlet n → punto de venta retail outlet n → point m de vente retail outlet retail n → capable of dispensing dispensing provision of drugs or medicines as set out properly on a lawful prescription. A prescription can only be filled, the drugs supplied, by a registered pharmacist, veterinarian, dentist or member of the medical profession. a broad variety of services to customers of large organizations. The company's national client list includes such prominent names as Xerox, Canon, Hewlett-Packard, Toshiba, Konica, Motorola, Bausch & Lomb and many others. CONTACT: Mail Boxes Etc. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion