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From our friends at Franchise Pick comes this post:
      

Is Snappy Auctions a Great Franchise Opportunity?

Posted: 20 Apr 2007 07:48 AM CDT

While the largest, most celebrated eBay drop-off store franchise concept , iSold
It, has closed 60 stores, suspended domestic franchise sales and warned it may be
on the verge of collapse, its next-largest competitor remains upbeat and
continues to promote its franchise program.

In a company press release, Snappy Auctions celebrates inclusion on the list that
made iSold It famous:

       Snappy Auctions has been listed in Entrepreneur Magazine’s Franchise
    500 list for the first time… With over 63 units open, Snappy Auctions
    ranked 309th in the survey, in only its 2nd full year of operation. The
    Nashville, Tenn. based franchise enables customers to make money off of
    items that are sold on eBay…

Snappy Auctions CEO Debby Gordon claims that Snappy Auctions is not
suffering the same fate as competitor iSold It.  In fact, snappy Auctions is doing
phenomenally:

       “We are poised for a phenomenal 2007, after an incredible 2006,”
    Gordon continued, “and this accolade is just the beginning.” In 2006,
    Snappy Auctions launched Snappy Sales Solutions, S3, which has
    contributed to its recent success. “S3 is yet another step toward our goal of
    changing the way businesses get value from retired equipment and
    inventory.”

Snappy Auction also boasts having been named one of Franchise Business Review’
s Franchise 50, which honors franchise systems based on outstanding franchisee
satisfaction through owner surveys and comments.

According to a Ina Steiner’s column on AuctionBytes.com, “Despite the
challenges, Snappy Auctions CEO Debbie Gordon believes in the concept and
says it’s all about execution.”

Can Snappy Auctions really be succeeding while iSold It, with much
the same business model, is fighting for survival?  Have they
successfully overcome the challenges that eBay drop-off store critics
contend make the concept unworkable?  What do you think?

YOU’RE INVITED TO LEAVE A COMMENT ON WHETHER YOU THINK
SNAPPY AUCTIONS IS A GREAT FRANCHISE OPPORTUNITY.