Franchise Prospector » New Franchises
iSOLD It Drop-Off Franchises Are Going Once, Going Twice, Sold To Auction Savvy Investors
Popular franchise turns unwanted items into cash for both customers and investors
As the #1 eBay sales leader, iSOLD It currently has 900 franchise locations under contract with plans to expand to 3,000 stores in every state across America.
As an iSOLD It franchisee, owners become part of a leading network in eBay sales. According to the 2006 Entrepreneur Franchise 500 lineup, iSOLD It was ranked #1 in it's category. With the internet auction craze having risen beyond anyone's imagination, the need for extra income and the desire to free more living space has driven customers to this popular drop-off chain for help in unloading their treasures.
|
According to the franchisor, iSOLD It is "possibly the biggest franchise opportunity in 20 years."
|
Perhaps the most unique aspect of iSOLD It drop-off stores is the fact that they allow anyone to sell their items online regardless of computer skills and/or knowledge. Customers simply provide the merchandise directly to their nearest iSOLD It store, where it is photographed, listed on eBay, packed and shipped. In turn, the franchisee charges a commission to the item's original owner based on the selling price.
In a world where internet sales are more competitive than ever, it takes name recognition, respect and a dedicated team of professionals to succeed. With more than 900 franchise stores currently under contract and an average of one store opening every other day, iSOLD It stores are nationally recognized. In addition, the convenient Store Activity Management (SAM) software used to list auctions and edit photos allows franchise owners to work quickly and efficiently while giving each listing the professional attention that it deserves.
The total investment for launching an iSOLD It franchise ranges anywhere from $105,500 to $155,500. Expenses include a $22,000 franchise fee, a turnkey payment used for the initial construction of a new store, utilities, permits, training and additional costs related to the startup of a new franchise location. The franchisor offers a discount to investors who wish to open additional stores, which are currently available at a reduced $15,000 franchise fee. In addition, iSOLD It collects a 4% royalty on sales from each franchise.
Upon executing a lease agreement, it may take as few as 30 days to open a new iSOLD It franchise. The company offers support to owners by way of advertising, which is made available through a complete line of ready-to-use marketing materials and a national advertising campaign designed to draw customer awareness to chain stores throughout America. Each new franchise owner will attend a one-week iSOLD It training program, which features both in-store and classroom training.
Once a new franchise is opened, operations manuals will be provided to help with the daily business operations. In addition, a field service representative will be accessible by phone and may visit on occasion in an effort to help with any concerns and to consult with the owner regarding store management.
For more information on becoming a franchise owner, visit iSOLD It  or call 626-739-9221. Interested parties may either complete the online Franchise Information Request or, for faster service, may wish to call the telephone number listed above.
For More Information
|
