Start-Up Costs and Fees |
||
| 24/7 Auctions | Postal Connections of America | |
| Investment | 60300 - 168200 | 64000 - 240000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 4%+ |
| Advertising Fee | to2% | |
| Year Founded | 2004 | 1985 |
| Year Franchised | 2005 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 24/7 Auctions | Postal Connections of America | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| 24/7 Auctions | Postal Connections of America | |
| 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 | Postal Connections of America | |
| Training | On-The-Job Training: 98 hours Additional Training: Regional training stores | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, 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 | Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. | Absentee Ownership Allowed Number of Employees Required to Run: 1 |
Expansion Plans |
||
| 24/7 Auctions | Postal Connections of America | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| 24/7 Auctions | |
| Postal Connections of America | |
| Franchise Fee | |
| 24/7 Auctions | |
| Postal Connections of America | |
| Royalty Fee | |
| 24/7 Auctions | 4% |
| Postal Connections of America | 4%+ |
| Advertising Fee | |
| 24/7 Auctions | |
| Postal Connections of America | to2% |
| Year Founded | |
| 24/7 Auctions | 2004 |
| Postal Connections of America | 1985 |
| Year Franchised | |
| 24/7 Auctions | 2005 |
| Postal Connections of America | 1995 |
| Term Of Agreement | |
| 24/7 Auctions | 5 years |
| Postal Connections of America | 10 years |
| Renewal Fee | |
| 24/7 Auctions | |
| Postal Connections of America | $5,000 |
Business Experience Requirements |
|
| Experience | |
| 24/7 Auctions | General business experience Marketing skills |
| Postal Connections of America | |
Financing Options |
|
| Franchise Fees | |
| 24/7 Auctions | No |
| Postal Connections of America | No |
| Start-up Costs | |
| 24/7 Auctions | |
| Postal Connections of America | |
| Equipment | |
| 24/7 Auctions} | |
| Postal Connections of America | |
| Inventory | |
| 24/7 Auctions | |
| Postal Connections of America | |
| Receivables | |
| 24/7 Auctions | |
| Postal Connections of America | |
| Payroll | |
| 24/7 Auctions | |
| Postal Connections of America | |
Training & Support |
|
| Training | |
| 24/7 Auctions | |
| Postal Connections of America | On-The-Job Training: 98 hours Additional Training: Regional training stores |
| Support | |
| 24/7 Auctions | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Postal Connections of America | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| 24/7 Auctions | Co-op advertising, Ad slicks |
| Postal Connections of America | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| 24/7 Auctions | Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. |
| Postal Connections of America | Absentee Ownership Allowed Number of Employees Required to Run: 1 |
Expansion Plans |
|
| US Expansion | |
| 24/7 Auctions | |
| Postal Connections of America | |
| Canada Expansion | |
| 24/7 Auctions | |
| Postal Connections of America | 0 |
| International Expansion | |
| 24/7 Auctions | |
| Postal Connections of America | |