24/7 Auctions vs Assist 2 Auction Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 24/7 Auctions vs Assist 2 Auction including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  24/7 Auctions Assist 2 Auction
Investment 60300 - 168200 19800 - 19800
Franchise Fee 0
Royalty Fee 4% $75/week
Advertising Fee
Year Founded 2004 2005
Year Franchised 2005 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  24/7 Auctions Assist 2 Auction
Experience General business experience Marketing skills

Financing Options

  24/7 Auctions Assist 2 Auction
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  24/7 Auctions Assist 2 Auction
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks
Operations Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed.

Expansion Plans

  24/7 Auctions Assist 2 Auction
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
24/7 Auctions
Assist 2 Auction
Franchise Fee
24/7 Auctions
Assist 2 Auction
Royalty Fee
24/7 Auctions 4%
Assist 2 Auction $75/week
Advertising Fee
24/7 Auctions
Assist 2 Auction
Year Founded
24/7 Auctions 2004
Assist 2 Auction 2005
Year Franchised
24/7 Auctions 2005
Assist 2 Auction 2005
Term Of Agreement
24/7 Auctions 5 years
Assist 2 Auction 10 years
Renewal Fee
24/7 Auctions
Assist 2 Auction $2,500


Business Experience Requirements

Experience
24/7 Auctions General business experience Marketing skills
Assist 2 Auction

Financing Options

 
Franchise Fees
24/7 Auctions No
Assist 2 Auction No
Start-up Costs
24/7 Auctions
Assist 2 Auction
Equipment
24/7 Auctions}
Assist 2 Auction
Inventory
24/7 Auctions
Assist 2 Auction
Receivables
24/7 Auctions
Assist 2 Auction
Payroll
24/7 Auctions
Assist 2 Auction

Training & Support

Training
24/7 Auctions
Assist 2 Auction
Support
24/7 Auctions Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Assist 2 Auction
Marketing
24/7 Auctions Co-op advertising, Ad slicks
Assist 2 Auction
Operations
24/7 Auctions Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed.
Assist 2 Auction

Expansion Plans

US Expansion
24/7 Auctions
Assist 2 Auction
Canada Expansion
24/7 Auctions
Assist 2 Auction
International Expansion
24/7 Auctions
Assist 2 Auction