JUST BETWEEN FRIENDS FRANCHISE
Just Between Friends Franchise System, Inc. offers franchises for hosting seasonal, temporary, in-person consignment sales events of gently used children's and maternity clothing, toys, baby equipment, and related items. Franchisees facilitate events where consignors price and drop off items, earning 60-70% of sales proceeds, while shoppers save 50-90% off retail prices. The business model serves local communities of families with growing children seeking affordable resale options.
Franchise Costs
3% royalty + 1% brand fund + $215/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: Based on financial performance data from existing franchised outlets for the 2023 calendar year. Gross Sales figures are for franchisees who conducted two or more JBF Sales Events. Gross Margin calculations are based on 142 collected Profit and Loss Statements for 2023.
* Average of top ten gross sales for 2023 ($1,428,519.24) calculated from Table 4. Average of bottom ten gross sales for 2023 ($38,330.42) calculated from Table 5. The document provides Gross Margin percentages, but no specific operating expense data beyond Cost of Goods Sold (which is incorporated into Gross Margin), therefore, net income/profit or estimated profit ranges cannot be calculated as per the defined rules.
Extracted Item 19 Section
How JUST BETWEEN FRIENDS FRANCHISE Compares
Key Insights
- Lower investment than 91% of Specialty Retail franchises
- One of the lowest SBA loan default rates in Specialty Retail
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
JUST BETWEEN FRIENDS FRANCHISE Current | $67K – $98K | $25K | 3.0% | 148 |
| MERLE NORMAN COSMETICS | $48K – $260K | N/A | N/A | 797 |
| CORNWELL | $80K – $324K | N/A | N/A | 793 |
| BATTERIES PLUS | $263K – $497K | $45K | 5.0% | 604 |
| PET SUPPLIES PLUS | $537K – $2.0M | $50K | 3.0% | 502 |
| WILD BIRDS UNLIMITED | $227K – $379K | $40K | 4.0% | 340 |
Specialty Retail Average 46 franchises | $285K – $708K | $38K | 5.0% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 46 Specialty 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
+18 more states
SBA Loan History
Historical SBA 7(a) loan data for JUST BETWEEN FRIENDS FRANCHISE franchisees (2013 – 2023)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
182 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
182 Contacts Available
Unlock all JUST BETWEEN FRIENDS FRANCHISE franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
One case against former franchisees for failure to transfer social media pages associated with terminated franchises, resolved by settlement.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a JUST BETWEEN FRIENDS FRANCHISE franchise ranges from $66,665 to $97,515. This includes a franchise fee of $24,900. Ongoing royalty fees are 3.0% of gross sales.
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