| ||||
Updated Recently24/7 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 |
||
| Investment | $60,300 - $168,200 | $46,750 - $109,500 |
| Franchise Fee | $15,000 | $15,000 |
| Royalty Fee | 4% | $200/month |
| Advertising Fee | - | - |
| Year Founded | 2004 | 2002 |
| Year Franchised | 2005 | 2004 |
| Term Of Agreement | 5 years | 15 years |
| Term Of Agreement | 5 years | 15 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| 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/No |
| Payroll | No/No | No/No |
Training & Support |
||
| 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 |
||
| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
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!