|
Snappy Auctions
209 10th Ave. S., # 322
Nashville, TN 37203
800#: (800) 490-1820
Tel: (615) 400-3175
Fax: (800) 490-1820
E-Mail: [email protected]
Web Site: www.snappyauctions.com
Contact: Mr. Toby Compton, Director of Marketing
SNAPPY AUCTIONS is the leading franchisor of "eBay Drop Off" Centers, where people can drop off items they would like to sell on eBay, and SNAPPY AUCTIONS handles all the details. The seller then receives a check for the amount of the sale, less a 15-35% commission. SNAPPY AUCTIONS targets people who are busy, upper middle class and relatively technology savvy. All sales are on consignment - no inventory or receivables. Low risk, low investment, very sound business model. Broad target market.
Franchisor Background
Established: 2003
First Franchise: 2004
Franchise Units: 35
Company-Owned Units: 1
Total Units: 36
Distribution:
U.S. -- 36;
Canada -- 0;
International -- 0
-North America -- Operations in 8 States
-States/Provinces with Greatest Density: 3 in GA, 2 in TN, 2 in VA
Projected New Units Over Next 12 months: 70
Franchisee Qualifications: 3, 4, 2, 3, 4, 5
(Click here for an explanation)
Registered in Following Registration States: TN,GA,VA,FL,SC,NC,CT,NY,NJ,AK,CO,AZ,OH,NH (Click here for an explanation)
Average Number of Employees: 1 FT, 2-4 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,200 SF; SF, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $34-50K
Total Investment: $35-50K
Average Total Investment: $42.5K
Minimum Net Worth: $NA
Fees:
-Franchise: $15K
-Average Franchise Fee: $15.0K
-Royalty: 2-4%
-Average Royalty: 3.0%
-Advertising: .5%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/20
Passive Ownership: Discouraged
Area Development Agreements: Yes
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: NA
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 6
On-Going Support: A,C,D,E,G,H,I (Click here for an explanation)
Training: 10 Days - 5 at Corporate, 5 on Site.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: ON and BC
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
New
Search: Alphabetical
| Industry
Type |
Average
Total Investment | Average
Franchise Fee | Total
Units |
|