Snappy Auctions vs QuikDrop Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Snappy Auctions vs QuikDrop including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Snappy Auctions QuikDrop
Investment 47100 - 57400 80000 - 80000
Franchise Fee 0 0
Royalty Fee 2-4% $1.8K/mo.
Advertising Fee
Year Founded 2003 2003
Year Franchised 2003 2003
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Snappy Auctions QuikDrop
Experience Industry experience General business experience Marketing skills General business experience

Financing Options

  Snappy Auctions QuikDrop
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  Snappy Auctions QuikDrop
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks Co-op advertising, Ad slicks, National media, Regional advertising
Operations 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) 80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  Snappy Auctions QuikDrop
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Snappy Auctions
QuikDrop
Franchise Fee
Snappy Auctions
QuikDrop
Royalty Fee
Snappy Auctions 2-4%
QuikDrop $1.8K/mo.
Advertising Fee
Snappy Auctions
QuikDrop
Year Founded
Snappy Auctions 2003
QuikDrop 2003
Year Franchised
Snappy Auctions 2003
QuikDrop 2003
Term Of Agreement
Snappy Auctions
QuikDrop 15 years
Renewal Fee
Snappy Auctions
QuikDrop $2.5K


Business Experience Requirements

Experience
Snappy Auctions Industry experience General business experience Marketing skills
QuikDrop General business experience

Financing Options

 
Franchise Fees
Snappy Auctions No
QuikDrop No
Start-up Costs
Snappy Auctions
QuikDrop
Equipment
Snappy Auctions}
QuikDrop
Inventory
Snappy Auctions
QuikDrop
Receivables
Snappy Auctions
QuikDrop
Payroll
Snappy Auctions
QuikDrop

Training & Support

Training
Snappy Auctions
QuikDrop
Support
Snappy Auctions Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
QuikDrop Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Snappy Auctions Co-op advertising, Ad slicks
QuikDrop Co-op advertising, Ad slicks, National media, Regional advertising
Operations
Snappy Auctions 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
QuikDrop 80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

US Expansion
Snappy Auctions
QuikDrop
Canada Expansion
Snappy Auctions
QuikDrop
International Expansion
Snappy Auctions
QuikDrop