Consignment King
Consignment and fundraising events- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$38K - $48K
- Units as of 2016
-
2 3年以上60%
Company Overview
About Consignment King
- Industry
- Retail
- Related Categories
- Miscellaneous Retail Businesses,Sports Equipment & Apparel
- Founded
- 2011
- Leadership
- David Louy II, CEO
- Corporate Address
-
840 S. Rancho Dr., #4-423
Las Vegas, NV 89106
- Social
Business Overview
- Franchising Since
- 2012(11 years)
- # of employees at HQ
- 3
- Where seeking
-
This company is offering new franchisees in the following US states:
This company is offering new franchisees in the following international regions:
- # of Units
- 2(as of 2016)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Consignment King franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $25,000
- Initial Investment
- $37,875 - $48,450
- Net Worth Requirement
- $50,000
- Cash Requirement
- $25,000
- Veteran Incentives
- $1,000 off franchise fee
- Royalty Fee
- 5%
- Ad Royalty Fee
- 1%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Consignment King has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 3 days
- Ongoing Support
-
Purchasing Co-opsMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField Operations
- Marketing Support
-
Ad Templates
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Consignment King? Request a free consultation with a Franchise Advisor now.
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