24/7 Auctions Franchise
Thursday, April 22, 2010 at 10:55PM eBay drop-off consignment stores
WANT TO BE PART OF A $30 BILLION DOLLAR INDUSTRY?
This is your opportunity to get in on the ground floor of a proven concept and reap the benefits of a $30 billion industry! In terms of revenue, eBay is the fastest growing business of all time. Now you can be part of this exciting growth with the help of 24/7 Auctions.
Start-up Costs & Franchises Fees
What is the total cost to open a 24/7 Auctions Franchises?
Total Cost: $60,300-$168,200
Total Franchise Fees: $15,000 USD
Ongoing Royalty Fees: 4%
Ongoing Advertising Fees:
Term of Agreement: 5 years
Contact Information for 24/7 Auctions
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24/7 Auctions |
Phone Number: (760)630-2477 |
24/7 Auctions In the Press
No results at this time.Historical Expansion
In what year did 24/7 Auctions begin operations? 2004
When did 24/7 Auctions begin selling franchises? 2005
Year United States Canada International Corporate 2005 0 0 0 1 2004 Not Available Not Available Not Available 1 2003 Not Available Not Available Not Available Not Available 2002 Not Available Not Available Not Available Not Available 2001 Not Available Not Available Not Available Not Available
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks
Franchise Operation Restrictions
Number of employees needed to run franchised unit: 2 - 2
Absentee ownership of franchise is allowed.
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes