By: sean

sean — Wed, 12 Sep 2007 16:52:45 +0000

RetributionContribution:
Thanks for your contribution and for sharing your situation. Please continue to keep us updated. Sorry things didn’t work out, but best of luck with all future endeavors.
Sean

By: RetributionContribution

RetributionContribution — Wed, 12 Sep 2007 16:47:58 +0000

As an owner of a SA Store and an experienced eBay seller I can assure you that this concept is not a good investment and is doomed for failure. The costs of processing, time required to turn-away the junk people bring in (65% of ALL items brought), liability issues with other people’s stuff, inadequate software, high rent and other fixed costs, time required to answer the emails from eBay morons, eBay’s and Paypal’s tendency to always side with the buyer, labor costs, federal, state and city taxes, insurance, payroll processing, advertsing (which doesn’t work w/o a coupon—yea, discount a margin of 33% which in itself is not profitable for most of the items brought to sell), as well as the other normal costs of owning a buisness and all that you have is a recipe for failure. Can’t sell the business because no moron will buy a cash-flow negative biz and the possible liability is enormous. Selling on eBay will work for niche items purchased wholesale. trying to sell everything under the sun drives up all aspects of expense and nets very little in the long run. Selling out of one’s home or inexpensive space may be possible, but, again, likely you will receive mostly yard sale or garbage product. This biz cannot be profitable or deliver a salary for an owner above the poverty level. Why bother? Most of us remaining are trying to find someone to take over our lease so we can cut our losses and move on to successfully selling on eBay. For those poor owners who have lost large sums of money or more, you need to organize and hold the franchisor accountable. 6 months experience in a retail storefront is no track record for selling an unproved (still unproved) opportunity. Beware what may be ahead for the franchisors. Of course, getting blood from a potato is useless; however, there are other means to skin a rabbit. On a positive note about SA, they are good people with good intentions and the support was generally excellent. The software was very limited for experienced eBay sellers and work-arounds are commonplace. Honest feelings from an owner on their way out….

By: Empty Pockets

Empty Pockets — Fri, 24 Aug 2007 20:26:26 +0000

Hopefully my child will get a scholarship, because the college fund is dry. If you like to gamble, go for it.

By: Get Real

Get Real — Fri, 27 Jul 2007 18:48:54 +0000

NO YOU CAN’T MAKE MONEY AT THIS!!!!!

Comments on: Former Franchisee Claims Snappy Auctions Franchises Losing Money

By: sean

By: RetributionContribution

By: Empty Pockets

By: Get Real