DaaBIN Store
A DaaBIN Store provides a discount retail shopping experience built around overstock, damaged items, end-of-lot items, and returns/open-box merchandise. We offer a wide mix of products across many SKUs, giving customers access to changing inventory at deeply discounted prices. Our stores use flash sales and receive new stock shipments every week to keep the assortment fresh and value-focused. We serve shoppers looking for low-cost merchandise in a convenient store setting. Our business operates as a year-round retail store in the discount retail market.
Your franchise match score
Retail
Brand highlights
- CEO
- Headquarters4426 Butterfield Road, Cedar Falls, IA, 50613
- Year founded2022
- Year started franchising2022
- IndustryRetail
- Locations open11 (+11 last three years)
Statistics & metrics
- Investment range$161,750 - $276,000
- Franchise fee$35,000
- Royalty5% of your Net Sales
- Brand fund1% of your Net Sales
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Retail industry:
General retail franchises cover a wide range of products, from gifts and hobbies to hardware and convenience stores. This versatile sector offers opportunities for diverse interests.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-04-01
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about DaaBIN Store, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of DaaBIN Store's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving DaaBIN Store, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a DaaBIN Store franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information DaaBIN Store provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 11 |
| Franchise locations | 3 |
| Corporate locations | 8 |
System growth over time
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