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Updated RecentlySnappy Auctions vs QuikDrop Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Snappy Auctions vs QuikDrop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $47,100 - $57,400 | $80,000 |
| Franchise Fee | $15,000 | $25,000 |
| Royalty Fee | 2-4% | $1.8K/mo. |
| Advertising Fee | - | - |
| Year Founded | 2003 | 2003 |
| Year Franchised | 2003 | 2003 |
| Term Of Agreement | - | 15 years |
| Term Of Agreement | - | 15 years |
| Renewal Fee | - | $2.5K |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations |
100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Snappy Auctions
NO LONGER FRANCHISING
The Snappy Auctions Franchise is a pioneer in an exciting new industry, and we are looking for franchisees who share our enthusiasm and commitment. As the leading franchisor of eBay consignment services, Snappy Auctions is poised for fast growth and dedicated to the highest standards of customer and franchisee satisfaction.
About QuikDrop
NO LONGER FRANCHISING