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Updated RecentlyWhy USA vs Pacific Auction Exchange Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Why USA vs Pacific Auction Exchange including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $17,000 - $103,400 | $25,000 |
| Franchise Fee | N/A | N/A |
| Royalty Fee | Varies | 6% |
| Advertising Fee | - | .75% |
| Year Founded | 1988 | 1999 |
| Year Franchised | 1989 | 2001 |
| Term Of Agreement | 3 years | - |
| Term Of Agreement | 3 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | 2 conferences per year, monthly tele-conferences | - |
| Support | Meetings, Internet, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks | - |
| Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Why USA
Why USA was founded in 1988 and began franchising in 1989. The company utilizes a flat-fee commission system as well as its own sales program. It now has locations throughout the United States and is based in Cedar Rapids, Iowa.
About Pacific Auction Exchange