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DO IT BEST CORP.

DO IT BEST CORP.

Do it Best Corp. is a member-owned wholesale cooperative distributor of hardware, lumber, building materials, and related products, primarily serving independent retail hardware stores, home centers, and lumber yards throughout the United States and select foreign countries. Members purchase common shares via a Membership Agreement to access competitive pricing, annual patronage refunds based on purchases, advertising campaigns, training programs, and other support services. The business model emphasizes patronage dividends, optional pricing programs like Vision Pricing, and benefits such as shared merchandising information to help members compete with large national chains.

Since 1945RetailFort Wayne, INwww.doitbest.com
2024 FDDNo Item 19

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$564,500 - $1,342,500
Franchise Fee
$8,500
Locations
3,407

Financial Requirements

Franchise Fee$8,500
Initial Investment Range$564,500 - $1,342,500
Royalty RateN/A
Brand FundN/A
Fixed Monthly Fees$90 - $195

No royalty or ad fund; $90/mo basic member services fee (enhanced $140/mo, advanced $195/mo) + $0-$60/wk delivery minimum charge

Franchise Stats

Franchise Locations3,407
Corporate Locations0
States Operating51
Franchising Since1945
FDD Year2024

Financial Performance

Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How DO IT BEST CORP. Compares to Other General Retail Franchises

Key Insights

  • Higher investment than 79% of General Retail franchises
  • #2 largest franchise system in General Retail
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
DO IT BEST CORP.
Current
$565K - $1.3M$9KN/A3,407
ACE HARDWARE$604K - $2.0M$5KN/A4,885
WINDOW WORLD, WORLD OF WINDOWS$123K - $331K$45KN/A209
FLEET FEET, FLEET FEET TRIATHLETE$229K - $545K$45K4.0%192
PRETZELMAKER$392K - $573K$25K7.0%129
TECHY$119K - $400K$15K7.0%62
General Retail Average
14 franchises
$502K - $1.0M$108K5.7%-

* 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 (2024)

Outlets by state across the United States

Top States by Outlet Count
1TX
231
2MI
200
3NY
196
4OH
186
5IL
166
6MO
148
7IN
133
8MN
124
9CA
121
10WI
110
11IA
100
12PA
96
13NE
94
14WA
87
15FL
78

+35 more states

Franchisee Contacts

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278 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
17
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
58
System Transfers
65
Sold to Franchisees
0
Projected New Franchises
105

Frequently Asked Questions

How much does it cost to open a DO IT BEST CORP. franchise?

The total initial investment to open a DO IT BEST CORP. franchise ranges from $564,500 to $1,342,500. This includes a franchise fee of $8,500.

How many DO IT BEST CORP. franchise locations are there?

As of the 2024 FDD, DO IT BEST CORP. has 3,407 franchise locations. The company has been franchising since 1945.

Is DO IT BEST CORP. a good franchise to buy?

DO IT BEST CORP. shows several positive indicators: established brand with 3,407+ locations. 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.

Interested in DO IT BEST CORP.?

Talk to a franchise advisor to get personalized guidance and learn if DO IT BEST CORP. is the right fit for you.

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