24/7 Auctions vs Goin' Postal Franchise Comparison

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

Start-Up Costs and Fees

  24/7 Auctions Goin' Postal
Investment 60300 - 168200 46750 - 109500
Franchise Fee 0
Royalty Fee 4% $200/month
Advertising Fee
Year Founded 2004 2002
Year Franchised 2005 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  24/7 Auctions Goin' Postal
Experience General business experience Marketing skills

Financing Options

  24/7 Auctions Goin' Postal
 
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 Goin' Postal
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 Goin' Postal
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
24/7 Auctions
Goin' Postal
Franchise Fee
24/7 Auctions
Goin' Postal
Royalty Fee
24/7 Auctions 4%
Goin' Postal $200/month
Advertising Fee
24/7 Auctions
Goin' Postal
Year Founded
24/7 Auctions 2004
Goin' Postal 2002
Year Franchised
24/7 Auctions 2005
Goin' Postal 2004
Term Of Agreement
24/7 Auctions 5 years
Goin' Postal 15 years
Renewal Fee
24/7 Auctions
Goin' Postal


Business Experience Requirements

Experience
24/7 Auctions General business experience Marketing skills
Goin' Postal

Financing Options

 
Franchise Fees
24/7 Auctions No
Goin' Postal No
Start-up Costs
24/7 Auctions
Goin' Postal
Equipment
24/7 Auctions}
Goin' Postal
Inventory
24/7 Auctions
Goin' Postal
Receivables
24/7 Auctions
Goin' Postal
Payroll
24/7 Auctions
Goin' Postal

Training & Support

Training
24/7 Auctions
Goin' Postal
Support
24/7 Auctions Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Goin' Postal
Marketing
24/7 Auctions Co-op advertising, Ad slicks
Goin' Postal
Operations
24/7 Auctions Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed.
Goin' Postal

Expansion Plans

US Expansion
24/7 Auctions
Goin' Postal
Canada Expansion
24/7 Auctions
Goin' Postal 0
International Expansion
24/7 Auctions
Goin' Postal