Business Description

Auction It TODAY is the eBay drop-off store franchise 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 three main programs. Full-line retail stores, kiosks (store within an existing retail business) and Area Developers.

Franchisor Background

Year Established:  2004

Franchising Since:  2005

Operating Units:
Franchised Units:	96	99%
Company-Owned Units:	1	1%
Total Operating Units:	97	100.0%
Geographic Distribution: U.S.: 82 100% In 9 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 82 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Indiana	4
2. Michigan	44

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$50K
Cash Investment:	$20-60K
Total Investment:	$30-100K
Average Total Investment:	$65K
Fees:
Initial Franchise Fee:	$14-18K
Average Franchise Fee:	$16K
On-Going Royalty:	4% or $1,200
Average Royalty:	4%
Advertising Fee:	$450

Average Number of Employees: 2-5 Full-time, 0-3 Part-time

Space Needs (in square footage): 1,800

Preferred Sites: Free-standing Building, Storefront

Other Sites:

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	3
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 5 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	10
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	At Additional Cost
Central Purchasing:	At Additional Cost
Field Operation Evaluation:	Included in Fees
Field Training:	At Additional Cost
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Included in Fees
Training:
1. Brighton, MI	5 Days
Expansion Plans
Projected New Units Over Next 12 months: NR U.S.: Yes, All United States Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Auction It TODAY.