24/7 Auctions vs Goin' Postal Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 24/7 Auctions vs Goin' Postal including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
24/7 Auctions Franchise
Goin' Postal Franchise
Investment $60,300 - $168,200$46,750 - $109,500
Franchise Fee $15,000$15,000
Royalty Fee 4%$200/month
Advertising Fee --
Year Founded 20042002
Year Franchised 20052004
Term Of Agreement 5 years15 years
Term Of Agreement 5 years15 years
Renewal Fee --


Business Experience Requirements

 
24/7 Auctions Franchise
Goin' Postal Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    24/7 Auctions Franchise
    Goin' Postal Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    24/7 Auctions Franchise
    Goin' Postal Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks-
    Operations

    Number of employees needed to run franchised unit: 2 - 2

    Absentee ownership of franchise is allowed.

    -

    Expansion Plans

     
    24/7 Auctions Franchise
    Goin' Postal Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About 24/7 Auctions

    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.

    About Goin' Postal

    What makes Goin' Postal different from all the other shipping store franchise chains? *Amazing customer service . *Attention to detail. *A family business attitude. *Super name, logo and product recognition. *As a small organization, we can adapt quickly to changes in the marketplace. *As part of our business building practices, we are constantly developing new products and services *Innovative services such as our mobile shipping stores. *Currently the initial investment required to open a Goin' Postal is approximately 25% of our competitors' shipping stores. *Unlike the other large franchise operations, we are in the shipping business, not just in the business of selling franchises. *But most important of all is the flexibility that you will enjoy with Goin' Postal. *Superb continuing education materials, support, guidance, access to our creative promotions staff, and assistance from the entire caring, professional GPFC staff. *Our growth rate is accelerating. *Now we are achieving major name recognition, why would anyone pay around a quarter of a million dollars or more for exactly the same thing they can achieve that with approximately $40,000 total? You get far more than you pay for when you go with Goin' Postal!