Consignment King

Consignment King operates in the Red-Hot Consignment Event Industry. Consignment King is a socially responsible franchise focused on fundraising for worthy causes while at the same time allowing the franchisee to operate their own sales in the 16 Billion dollar resale industry.

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Consignment King

Consignment King Franchise Cost and Requirements for 2022

Background

Virtually a turn key business. Beyond complete training for franchisee and participating helping franchisee at their first event everything is made available to the franchisee. Complete package down to banners, letters for fundraising and organizations (franchisee needs to fill in the blanks). Add copy, direct mail pieces,everything to successfully promote and run your Consignment King business is provided.

Company Details

Established: 2010
First Unit Franchised: 2013
Franchised Units: 2
Company Owned Units: 0
States Registered In: Currently only offered in non registration states. Will be registering in more.
Canada Franchises: No
International Franchises: No

Support and Training Offered By Consignment King

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: No
Training: We will walk franchisees through the Operations Manual on a weekly basis leading up to their first event. We will then attend franchisee's first event for 3 days to ensure they are trained and comfortable running their business,
On going support through intranet, conference calls and conferences.
Other Info: This business starts out Part Time and can be grown and operated full time with multiple territories. There is no real estate, no employees, no inventory and a great need for what we offer. Franchisees must have good people skills and be actively involved in their community.

2022 Franchise Requirements Needed to Own a Consignment King Franchise.

What does a Consignment King Franchise Cost?

Consignment King franchise fees for 2022:

Cash Investment: $20,000
Total Investment: $32,875
Minimum Net Worth: < $50,000
Franchise Fee: $17,500 for 1st territory, $14,500 for 2nd territory, $11,500 for 3rd territory
Royalty: 5%
Ad: 1%
Average Number of Employees: 0
Item 19: Yes
SBA Approved: No
Passive Ownership: Yes
Home Based: Yes
B2B: No
Master Franchise Opportunities: No
Veteran Discount: No

Is Consignment King a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Consignment King is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Consignment King a Home Based franchise?

Yes. Consignment King is a home based franchise opportunity.

What Do Consignment King Franchise Owners Make?

Click here to find out how much Consignment King franchisees make. Consignment King offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Consignment King a Master Franchise Opportunity?

No. Consignment King is not a master franchise opportunity.

Does Consignment King Offer a Veteran Discount?

No. Consignment King franchise does not offer a veteran discount.

Does Consignment King Work with E2 Visa and EB-5 Visa Candidates?

No. Consignment King franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Consignment King Looking for Franchisees in Canada?

No. Consignment King franchise is not looking for Canada franchisees.

Is Consignment King Looking for International franchisees?

No. Consignment King franchise is not looking for International franchisees.

Additional Information

Additional Categories

Fitness, Miscellaneous & Unique, Retail, Sports, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

Less than $25,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

Consignment King Franchises for Sale

Click Here to inquire about existing Consignment King franchises for sale. We may have Consignment King franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.