How much revenue does a DaaBIN Store franchise make?

According to the 2024 FDD, the average gross revenue for a DaaBIN Store franchise is $905,098.39. The median revenue is $905,098.39.

How many DaaBIN Store franchise locations are there?

As of the 2024 FDD, DaaBIN Store has 3 franchise locations. The company has been franchising since 2022.

Is DaaBIN Store a good franchise to buy?

DaaBIN Store shows several positive indicators: transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

DaaBIN Store

DaaBIN Store franchises operate unique discount stores selling overstock, damaged items, end-of-lot products, returns, and open-box items at significantly reduced prices, with a diverse mix of SKUs, weekly new shipments, and flash sales. The business model focuses on bin-style retail attracting bargain hunters. Target customers are price-conscious shoppers seeking deals on various goods year-round.

Locations

$162K–$276K

Investment

Since 2022

Franchising

RetailCedar Falls, IADaaBIN Store, Inc.daabinstore.comDisclaimer

Franchise Costs

Franchise Fee

$35,000

Item 5 of FDD

Initial Investment Range

$161,750 – $276,000

Low: $161,750High: $276,000

Item 7 of FDD

Royalty Rate

5.00%

of gross sales

Brand Fund

1.00%

Item 6 of FDD

5% royalty + 1% brand fund (both weekly on net sales). No fixed monthly fees.

Financial Performance

Item 19 Financial Performance

Average Gross Revenue

Median Gross Revenue

Top Quartile Revenue

Bottom Quartile Revenue

Data Based On: Data for 2 franchised outlets and 4 company-owned outlets open for the entire period 1/01/2023 – 12/31/2023.

* Calculated average gross revenue from 2 franchised outlets (RL: $1,165,794.01, MC: $644,402.76) for 2023: ($1,165,794.01 + $644,402.76) / 2 = $905,098.39. Median gross revenue is the same as the average for two data points. Revenue top quartile is the highest reported franchise sales, and revenue bottom quartile is the lowest reported franchise sales.

Extracted Item 19 Section

How DaaBIN Store Compares

Franchise	Investment	Fee	Royalty	Locations
DaaBIN Store Current	$162K – $276K	$35K	5.0%	3
ACE HARDWARE	$604K – $2.0M	$5K	N/A	4,885
DO IT BEST CORP.	$853K – $1.6M	$9K	N/A	3,555
WINDOW WORLD, WORLD OF WINDOWS	$123K – $331K	$45K	N/A	209
FLEET FEET, FLEET FEET TRIATHLETE	$229K – $545K	$45K	4.0%	192
PRETZELMAKER	$392K – $573K	$25K	7.0%	129
General Retail Average 14 franchises	$522K – $1.0M	$108K	5.7%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 14 General Retail franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States

1IA

2NC

3VA

4WI

5MN

6SD

Franchisee Contacts

17 franchisee contacts on file from official FDD filings.

Name	Address	Phone	Email	SBA Loan
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active

17 Contacts Available

Unlock all DaaBIN Store franchisee contacts with verified contact information

Due Diligence

Litigation (Item 3)

Franchisee Cases0

No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations

Non-Renewals

Reacquired

Ceased Ops

Transfers

Sold to Franchisees

Projected New

Frequently Asked Questions

The total initial investment to open a DaaBIN Store franchise ranges from $161,750 to $276,000. This includes a franchise fee of $35,000. Ongoing royalty fees are 5.0% of gross sales.