DaaBIN Store

Item 7 lays out the startup costs at $161,750-$276,000, including a $35,000 franchise fee, making it accessible compared to traditional retail but still substantial for bin merchandisers. Ongoing fees from Item 6 hit 5% royalty plus 1% brand fund on weekly net sales—no flat fees ease cash flow early on. Item 19 shines brightest: average and median gross revenue both clock $905,098 across its three franchise units, suggesting strong per-store performance without outliers skewing the data. No net profit figures are provided, but gross sales imply healthy top-line potential if expenses stay lean on closeout inventory.

System health metrics from Item 20 paint a mixed picture: total locations fell from 6 in 2022 to 4 in 2023 (-33% growth), with 8 corporate-owned masking just 3 franchises. Zero terminations or transfers so far is a plus for stability, and 4 projected new units signal franchisor optimism. For investors, $900K+ sales tempt in a low-barrier retail play, but the tiny footprint and shrinkage urge scrutiny—can this bin store scale beyond Iowa roots without diluting the deal-hunting magic? Weigh the revenue allure against expansion risks before committing.