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24/7 Auctions on eBay



24/7 Auctions on eBay
1037 E. Vista Way
Vista, CA 92084




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Business Description

Tom Harris, franchisor of Cindy's Cinnamon Rolls, is now offering a new eBay concept. This is your opportunity to get in on the ground floor of a proven concept and reap the benefits of selling on eBay. We assist you in setting up your own eBay drop-off store. We provide you with powerful software to succeed in the eBay consignment business.

Franchisor Background

Year Established:  2004

Franchising Since:  2005

Operating Units:

Franchised Units:

0

0%
Company-Owned Units:1100%
 
Total Operating Units:
1
100.0%
 
Geographic Distribution:
U.S.:1100%In 1 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
1
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. California1

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth: $150K
Cash Investment:$25K
Total Investment:$50-75K
Average Total Investment:$62K
 
Fees:
Initial Franchise Fee:$15K
Average Franchise Fee:$15K
On-Going Royalty:5%
Average Royalty:5%
Advertising Fee:
 
Average Number of Employees: 2 Full-time, 0 Part-time

Space Needs (in square footage): 1,500

Preferred Sites: Storefront, Strip Center

Other Sites:

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:3
General Business Experience:3
Specific Industry Experience:2
Formal Education:2
Psychological Profile:3
Personal Interview(s):3
 
Terms of Contract
 
Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 2
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 
Marketing Support:
Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 
Training:
1. Vista, CA1 Week
 
Expansion Plans
 
Projected New Units Over Next 12 months: 40

U.S.:

Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
Submit an online form to receive information from 24/7 Auctions on eBay.