24/7 Auctions vs Assist 2 Auction Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 24/7 Auctions vs Assist 2 Auction including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
24/7 Auctions Franchise
Assist 2 Auction Franchise
Investment $60,300 - $168,200$19,800
Franchise Fee $15,000$17,990
Royalty Fee 4%$75/week
Advertising Fee --
Year Founded 20042005
Year Franchised 20052005
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee -$2500


Business Experience Requirements

 
24/7 Auctions Franchise
Assist 2 Auction Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    24/7 Auctions Franchise
    Assist 2 Auction Franchise
      In-House/3rd PartyIn-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

     
    24/7 Auctions Franchise
    Assist 2 Auction 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
    Assist 2 Auction Franchise
    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 Assist 2 Auction

    No longer franchising