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Below is an in-depth analysis and side-by-side comparison of Snappy 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 |
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Investment | $47,100 - $57,400 | $75,000 - $150,000 |
Franchise Fee | $15,000 | $25,000 |
Royalty Fee | 2-4% | - |
Advertising Fee | - | - |
Year Founded | 2003 | 2005 |
Year Franchised | 2003 | 2006 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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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 |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
NO LONGER FRANCHISING
The Snappy Auctions Franchise is a pioneer in an exciting new industry, and we are looking for franchisees who share our enthusiasm and commitment. As the leading franchisor of eBay consignment services, Snappy Auctions is poised for fast growth and dedicated to the highest standards of customer and franchisee satisfaction.
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.