24/7 Auctions Franchise
eBay drop-off consignment stores
ABC INC
ABC-CO - NASDAQ
+0.25 (+0.20%)
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a 24/7 Auctions Franchise ?
The investment required to open a 24/7 Auctions Franchise is between $60,300 - $168,200 . There is an initial franchise fee of $15,000 which grants you the license to run a business under the 24/7 Auctions name.
Individual Franchise Costs
- Initial Investment:
$60,300 - - Initial Franchise Fee:
$15,000 - Royalty Fee:
4% - Term of Agreement:
5 years
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Ad slicks
24/7 Auctions Growth History
When did the first 24/7 Auctions open? 2004When did 24/7 Auctions start Franchising ? 2005
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 0 | 0 | 0 | 1 |
| 2004 | N/A | N/A | N/A | 1 |
| 2003 | N/A | N/A | N/A | N/A |
| 2002 | N/A | N/A | N/A | N/A |
| 2001 | N/A | N/A | N/A | N/A |
How much money you could make as a 24/7 Auctions Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a 24/7 Auctions Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.
Latest News
24/7 Auctions Announces Nationwide Franchise Availability Of Ebay Consignment Stores
2005-04-18
Its Not All ‘odd’ That Sells On Ebay; Collectibles, Everyday Items Are The Big Sellers On World’s Largest Online Auction Service
2005-02-23
Too Busy To Ebay? North County’s First Ebay Consignment Store Opens In Vista
2004-09-09 View All
Legal Disclaimer: This information is not a franchise offering for 24/7 Auctions and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a 24/7 Auctions franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.