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Below is an in-depth analysis and side-by-side comparison of Auction Mojo vs Postal Connections of America including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $64,300 | $64,000 - $240,000 |
Franchise Fee | $15,000 | $29,900 |
Royalty Fee | 3% | 4%+ |
Advertising Fee | - | to2% |
Year Founded | 2004 | 1985 |
Year Franchised | 2005 | 1995 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 years |
Renewal Fee | - | $5000 |
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/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | On-The-Job Training: 98 hours Additional Training: Regional training stores |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
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) | Absentee Ownership Allowed Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
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!