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The Online Outpost Franchising Corp.

Internet auction drop-off stores

Background

Founded: 2004 Franchising since: 2004
5301 W. Cypress St., #105
Tampa, Florida 33607
Phone:
(813)470-7094


Franchisor is a publicly-held company with 15 employee(s); 6 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2006 26 0 1 0
2005 5 0 0 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: Up to 1 million population

Costs and Fees

Total investment: $69.5K-126.5K
Franchise fee: $15K
Ongoing royalty fee: Varies
Term of agreement: 10 years, renewable
Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $75K
Cash liquidity requirement: $50K
Business Experience:
  • General business experience

Operations
  • 50% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 1 - 2
  • Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4-5 days
  • At franchisee's location: 4-5 day

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising

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