iSold It Canada: A Franchise Too Good To Be True?

by sean on April 14th, 2007

At least in Canada, the rumor that eBay drop-off store franchise concept iSold It is fundamentally flawed and not viable must be greatly exaggerated. Otherwise, why would they continue to sell franchises?

Are you seeking a Canadian franchise opportunity that’s too good to be true? Then you need to visit the franchise section of the iSold It Canada website. But act fast! Opportunities like this don’t last long!

Here are some highlights from the iSold It Canada website (as of 4/17/07), which is similar to the iSold It Australia website. Headlines are ours; boxed text is theirs.

Get Explosive Impact!

According the iSold It Canada:

…hundreds of articles and news stories featured iSold It as the new darling of the eBay world….Today, with over 1,000 franchise stores under contract, iSold It has quickly become America’s Favorite Drop-off Store. Now that iSold It is here in Canada we intend to have the same explosive impact as in the USA..

Get National Brand Recognition!

Not only do you get explosive impact, you’ll have a name consumers know and trust:

Set to be the country’s largest drop-off store network with many more franchise stores planned. The clout of our network and huge marketing spend will give your local store a national presence & immediate brand recognition with your customers.

Superior Technology Makes Operations Effortless!

Proprietary software makes operations a breeze:

The backbone of the iSold It network is our proprietary Store Activity Management (SAM) software. It’s designed to make operating one or more stores simple and effortless…. The software automates many functions leaving you more time to focus on building your business.

No Experience Necessary!

Don’t have a clue? No problem!

You won’t need any previous eBay or business experience to open an iSold It store…

Low Cost Operation!
A retail concept with FREE inventory:

Our store investment is designed to be low. It costs as little as $100,000 for a fully operational store, plus working capital. Enjoy a unique business with no cash registers or receivables and your inventory is provided by your customers…

Four, yes, FOUR Profit Centers!

iSold It Canada store have four primary profit centers. That’s not even counting the secondary and tertiary profit centers:

And iSold It drop-off stores have four primary profit centers:

Sales commissions on items you sell

Materials & packing fees on items you ship

Discounts off ‘rack rates’ for shipping

Profit on your own items you sell through the store

How is iSold It Canada Achieving This Success?

Will they share their secrets with the U.S. & UK franchisees?

How can iSold It Canada continue to boldly sell franchises when their UK counterpart is insolvent and their U.S. parent facing the threat of litigation from failed and failing franchisees?

What are the secrets of their continued success?

Will they share their secrets with the U.S. iSold It franchisees who are trying to avoid the fate of the 60 stores that have already failed?

ARE YOU FAMILIAR WITH iSOLD IT CANADA? LEAVE A COMMENT. SHARE YOUR OPINION.

Troubled iSold It Continues to Promote eBay Drop-off Franchises Elsewhere

iSold It Australia Franchise: eBay Plunder Down Under?