iSold It Suspends Franchise Sales

iSold It, the 170-unit eBay drop-off franchise named Entrepreneur magazine’s Top New Franchise for 2007, has suspended franchise sales for an indefinite period.

Insiders say that the company has eliminated the franchise development department, including the position held by Director of Franchise Development, Lesley Hawks.  Yesterday the franchise promotional section of the iSold It website was replaced with this notice:

Thanks for your interest in opening an iSold It franchise.

Today, iSold It is the #1 eBay drop-off franchise in the country, with stores nation-wide. The Internet is rapidly changing the world and we believe our concept has the potential to play an important part.

We are not accepting new applications in the USA at this time. Instead, we are focused on helping existing franchisees develop their current stores and add new stores. If you are interested in purchasing an iSold It store from an existing franchisee and would like to see if there is an opportunity in your area, please send an email to franchising@i-soldit.com. Thank you for your interest in iSold It.

Related Posts: 

Is iSoldit a Great Franchise Opportunity? (4/3/07)

Has iSold It Halted Franchise Sales? (4/3/07)

Franchise Rumor: iSold It UK in Receivership (4/7/07)

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Related Links:  iSold It website, AmITheOnlyOne.org website