TagIt Auctions Franchise for Sale

Min. Liquid Capital: $6,000

Financing Available: Third Party

Training Provided: Yes

Who are we?

Using over 20 years of combined and successful years of experience in the asset recovery and on-line auction industry, the creators of TagIt Auctions LLC are currently launching a new website that will provide anyone with a strong desire to be successful at operating their own business, the opportunity to achieve that goal.  We have utilized our years of experience to set up a proven and easy-to-use system to follow and removed all of the obstacles that can cause a business to not succeed.  You will have the opportunity to join the TagIt Auction family by selecting 1 of just 14 unique franchises in the continental United States as your exclusive territory.  We work with all types of small business owners, retailers, financial institutions, and distributors to liquidate assets such as restaurant and bar equipment, gym equipment, tanning beds, office/industrial equipment, or just about any type of asset that is most efficiently marketed utilizing the benefits of an on-line auction.

What is the initial required investment?

One big reason owning and operating a franchise can be financially challenging is the large up-front franchise fees that most companies charge.  At TagIt Auctions, LLC, this is one major obstacle that we have eliminated by charging no large up-front fees.  Cost of owning a franchise is only $599 per month for the life of the franchise.  Including the first month’s franchise fee, you will need to have access to about $6,000 to setup and begin operating your new business.  You will be investing more of your time during the startup process of your business than your money. 

What is the earning potential?

Obviously as a business owner there are no guarantees on how well the business will perform as earnings are usually directly proportional to the amount of effort you put into your business among other factors.  Keep in mind, we are not offering a “get rich quick” scheme but rather a viable and very highly profitable opportunity that will require your attention and effort.  Based on many years of past experience, it is very possible to acquire and operate two auctions per month.  Each auction averages between $14,000 and $20,000 in gross sales.  Even at a moderate average of $25,000 in gross sales per month, the commission on that amount is approximately $10,000.  There will typically be a few thousand dollars in cost each month of doing business so you can see that even at these very moderate estimates; your business can be extremely profitable.  It would not be uncommon to see the gross sales be double that of the above example but as indicated earlier, many factors would contribute to the final monthly numbers, mainly the time that you put into building and promoting your business.

What about training?

You will learn from industry experts first-hand on how to acquire, setup, and execute an on-line auction.  At your initial training, scheduled for December 1, 2012, you will be provided all of the required materials including business cards, postcards, flyers, contracts, shirts, etc to begin operating your new business.  We will also provide on-going support after your initial training has been completed.  Note that we are making available only 14 franchises with exclusive territories throughout the country, not hundreds or even thousands of franchises so you will be dealing directly with the owners of TagIt Auctions, LLC at all times, not district or regional managers.  You will be part of the TagIt family, not a just a franchisee assigned a four digit number.  

Are there any long-term contracts with TagIt Auctions, LLC?

No.  While we enter into a long-term commitment with you, you can “opt-out” at anytime.  All we require is a 30 day written notice.  In other words, unlike typical franchises that obligate you to pay large up-front fees or steep royalty fees for years, we have to earn our monthly fee from you for the duration of our relationship.  We want you to remain in the TagIt family because you want to and because you are successful.  Having a mutually beneficial relationship with all of our franchisee owners is always our primary goal.  The bottom line is that we succeed only if you succeed so we are very vested in your business.  But while TagIt Auctions, LLC is motivated to assist you in your growth, we respect that it is your business.  We expect our franchisees to reflect our values and provide exemplary service but, you will not be encumbered by a franchise style regulatory system or pricing structure.

What about advertising?

We are committed to keeping the TagIt Auction website number one on all of the major internet search engines and will advertise to make that happen.  This will keep potential bidders and clients visiting the website.  In addition, any potential clients that contact the corporate office directly from your territory will be immediately referred to you.  Once you acquire and setup an auction, it will be your responsibility to advertise and promote your auction.  We also have access to over 30,000 bidders in our database which will be notified of each auction that is posted to the website.  In addition, we own an auction advertising website so highly discounted packages and rates will be offered only to TagIt Auction franchisees. 

What are we looking for?

Experience in the auction industry is not required as we will train you in all aspects of operating an on-line auction business.  We are seeking individuals of the highest ethical standards who are also passionate about success and can effectively interact with clients.  In some instances, you will be working with people who have experienced some difficult financial setbacks.  They deserve and need to be treated with the highest degree of integrity, respect, and honesty through the process of helping them maximize the value of their assets.  TagIt Auctions may not be the appropriate business opportunity for everybody and like you; we are selective in our choice of the people to whom we will award a franchise.  Our ongoing goal is to develop a long-term effective and mutually beneficial relationship with all of our franchisees.   

The list of benefits:

  • Own 1 of only 14 unique nationwide franchises
  • Low initial investment required - approximately $6000
  • Low franchise fee - $599/month
  • Quick startup
  • No royalty fees
  • No long term contracts
  • Unlimited earning potential (six-figure income could be yours with just two auctions per month)
  • No minimum sales quotas to meet
  • Recession proof business with long term potential
  • Virtually a turn-key operation
  • No experience required – training and ongoing support provided
  • Proven business plan and system developed over years of successful experience
  • Top-notch, easy-to-use website that will be at the top of Google, Yahoo, and Bing search engines
  • Industry specific software included (rents for $199/month on other websites)
  • Diverse advertising packages available to promote and drive more bidders to you on-line auctions
  • Ability to notify over 30,000 on-line bidders in our database for each auction posted
  • Toll-free number with professional answering service that forwards all calls directly to your phone
  • Large protected areas to work and expand your business

In summary

TagIt Auctions, LLC has created an excellent opportunity for a few select individuals to achieve a high degree of success as a business owner in a growing area of the market.  By addressing all of the major issues that cause many businesses and franchises to fail, we have constructed a system that, if followed, will enable a motivated individual to reach whatever level of success they desire.  The initial required investment and costs are low, monthly expenses are minimized, earning potential is extremely high if not virtually limitless, the infrastructure of a user friendly website and associated software has been developed, personalized training and on-going support directly with the owners of the company is provided, and various forms of advertising have been optimized to keep the website at the top of major search engines which drives people to your on-line auctions.  In addition, as a franchisee, you will be provided a large exclusive territory in which to fully expand your business to its highest potential.  If you are a business-minded person that is disciplined and driven to succeed and haven’t found the right opportunity yet, this is it.  We will help you every step of the way to attain your goals of becoming your own boss.  You will be keeping the majority of what you earn, because remember, we don’t succeed unless you succeed which is the way it should be. 

If you have an interest or any further questions, please provide your contact information and one of the owners will call you shortly.  Don’t delay, there are a limited number of franchises and they will be assigned on a first-come first-serve basis to qualified candidates.  Whatever you decide, thank you for taking the time to read about this opportunity and good luck in your future business endeavors.    

Sincerely,
TagIt Auction, LLC owners

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