24/7 Auctions vs default Franchise Comparison

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

Start-Up Costs and Fees
 
24/7 Auctions Franchise
default Franchise
Investment $60,300 - $168,200N/A
Franchise Fee $15,000N/A
Royalty Fee 4%-
Advertising Fee --
Year Founded 20042002
Year Franchised 20052003
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
24/7 Auctions Franchise
default Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    24/7 Auctions Franchise
    default Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    24/7 Auctions Franchise
    default 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
    default 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 default