Pacific Auction Exchange Inc.

Real estate auctions

Background

Founded: 1999 Franchising since: 2002

5330 Office Center Ct., #37
Bakersfield, California 93309

Phone:
(661)665-7960

Franchisor is a privately-held company with 15 employee(s); 10 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2007	59	0	0	0
2006	46	0	0	0
2005	25	0	0	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: Varies depending on market

Costs and Fees

Total investment: $36K
Franchise fee: $25K

Ongoing royalty fee: 6%
Term of agreement: 5 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	Yes	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Business Experience:

Industry experience
General business experience
Real estate broker

Operations

15% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 3 - 5
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)