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Below is an in-depth analysis and side-by-side comparison of Snappy Auctions vs The Online Outpost 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 | N/A |
Franchise Fee | $15,000 | N/A |
Royalty Fee | 2-4% | - |
Advertising Fee | - | - |
Year Founded | 2003 | - |
Year Franchised | 2003 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | No/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 | - | Our training program is one of the key components in getting your business up and running efficiently. As a new franchisee you will attend The Online Outpost's one-week Trading Assistant training program which includes both classroom and in-store training. If your store or budget doesn't allow you the flexibility to travel to us, then you can always complete our web-based training and view the live training via streaming webcast. Our comprehensive program will cover step-by-step use of the operations manual, proprietary software and all the areas important to your success. Upon completion of the training program, you will work closely with our corporate franchise support team to insure a smooth, efficient store opening. There is no cost for this initial training; however you will be responsible for your own travel, meal, and accommodation expenses when you attend training at our corporate facility. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks | - |
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) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
NO LONGER FRANCHISING