QuikDrop vs Auction Mojo Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of QuikDrop vs Auction Mojo including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
QuikDrop Franchise
Auction Mojo Franchise
Investment $80,000$64,300
Franchise Fee $25,000$15,000
Royalty Fee $1.8K/mo.3%
Advertising Fee --
Year Founded 20032004
Year Franchised 20032005
Term Of Agreement 15 years15 years
Term Of Agreement 15 years15 years
Renewal Fee $2.5K-


Business Experience Requirements

 
QuikDrop Franchise
Auction Mojo Franchise
Experience
  • General business experience

  • General business experience

  • Financing Options

     
    QuikDrop Franchise
    Auction Mojo Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support

     
    QuikDrop Franchise
    Auction Mojo Franchise
    Training --
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op advertising, Ad slicks
    Operations 80% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    100% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2 - 2

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    QuikDrop Franchise
    Auction Mojo Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About QuikDrop

    NO LONGER FRANCHISING

    About Auction Mojo

    As an Auction Mojo Franchisee, you can enjoy an unlimited earnings potential simply by helping to find new homes for things that are just trash to some, but great treasures for others. Essentially, you will be earning substantial commissions in exchange for providing much-needed convenience in selling off unwanted or no longer useful items. It's really that simple! Best of all, our new franchise program is geared towards timely start-ups, so you can quickly become a firmly established professional in this explosive new service industry long before any possible competition has a adequate chance to react to this tremendous new opportunity in your area. We have designed our franchise opportunity to be quite simple-to-learn, quick-to-create, and very pleasant to operate. Best of all, because of the low overhead and minimal equipment and staffing requirements, you'll find the actual cost of obtaining an Auction Mojo franchise as appealing as its remarkable earnings potential!