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Auction It TODAY
10327 E. Grand River Ave., # 204
Brighton, MI 48116
800#: (866) 225-8231
Tel: (810) 225-0555
Fax:
E-Mail: [email protected]
Web Site: www.auctionittoday.com
Contact: Ms. Stacey LaFehr, Director of Operations
AUCTION IT TODAY is the eBay drop-off store built on trust, integrity and maintaining the entrepreneurial spirit of our franchisees. Our fees are highly competitive, allowing many people the opportunity to own their own business. Our franchise support is unparalleled and we offer our franchisees all of the tools necessary to own a successful business. We have 3 main programs: Full-line retail stores; kiosks (store within an existing retail business; and area developers.
Franchisor Background
Established: 2004
First Franchise: 2005
Franchise Units: 54
Company-Owned Units: 1
Total Units: 55
Distribution:
U.S. -- 55;
Canada -- 0;
International -- 0
-North America -- Operations in 9 States
-States/Provinces with Greatest Density: 44 in MI, 4 in IN
Projected New Units Over Next 12 months:
Franchisee Qualifications: , , , , ,
(Click here for an explanation)
Registered in Following Registration States: (Click here for an explanation)
Average Number of Employees: 2-5 FT, 0-3 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,800+ SF; FS, SG, SC
(Click here for abbreviations)
Encourage Conversion:
Financial Requirements
Cash Investment: $20-60K
Total Investment: $30-100K
Average Total Investment: $65.0K
Minimum Net Worth: $50K
Fees:
-Franchise: $14-18K
-Average Franchise Fee: $16.0K
-Royalty: 4%/$1,200
-Average Royalty: 4.0%
-Advertising: $450
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes/5
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance:
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 10
On-Going Support: a,b,C.d.E.G,h,I (Click here for an explanation)
Training: 5 Days Brighton, MI.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada:
Overseas:
Note: NR = No Response by Franchisor.
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