| ||||
Updated Recently24/7 Auctions vs There it was... Gone! Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of 24/7 Auctions vs There it was... Gone! including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $60,300 - $168,200 | $75,000 - $150,000 |
| Franchise Fee | $15,000 | $25,000 |
| Royalty Fee | 4% | - |
| Advertising Fee | - | - |
| Year Founded | 2004 | 2005 |
| Year Franchised | 2005 | 2006 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| 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 |
||
| 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 | - |
| International Expansion | Yes | - |
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 There it was... Gone!
There it was ... Gone! turns the worldwide untitled demand for eBay into serious profit. We started this business for 2 reasons - we love doing business on eBay and we recognize, just as Entrepreneur magazine does, that this is one of the hottest new business ideas to come along in years.