QuikDrop Franchise

eBay drop-off stores

Start-up Costs & Franchises Fees

What is the total cost to open a QuikDrop Franchises?

Total Cost: $80,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: $1.8K/mo.
Ongoing Advertising Fees:
Term of Agreement: 15 years
Franchise Agreement Renewal Fee: $2.5K

Contact Information for QuikDrop

QuikDrop 3151 Airway Ave., #M3 Costa Mesa, CA 92626

Phone Number: (714)429-1040 Fax Number: (714)429-1038 Franchise Homepage:

QuikDrop In the Press

No results at this time.

Historical Expansion

In what year did QuikDrop begin operations? 2003
When did QuikDrop begin selling franchises? 2003

Year	United States	Canada	International	Corporate
2005	44	1	2	0
2004	24	1	1	0
2003	0	0	0	0
2002	0	0	0	0
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	Yes
Initial Start-up Capital	No	Yes
Plant, Property, and Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	Yes

3rd Party Financing Available? Financing Source(s): the SBA

Training & Support

Support
In the Pressletter, Meetings, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives

Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support

Franchise Operation Restrictions

80% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 4

Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)

Qualifications & Business Experience

Business Experience:

General business experience

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
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

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