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JUST BETWEEN FRIENDS FRANCHISE

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.

Since 2003RetailReading, PAwww.jbfsale.com
2024 FDDItem 19 AvailableSBA Loan Data

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
$66,665 - $97,515
Franchise Fee
$24,900
Locations
148

Financial Requirements

Franchise Fee$24,900
Initial Investment Range$66,665 - $97,515
Royalty Rate3.00%
Brand Fund1.00%
Fixed Monthly Fees$215 - $215

3% royalty + 1% brand fund + $215/mo technology fee

Franchise Stats

Franchise Locations148
Corporate Locations12
States Operating34
Franchising Since2003
FDD Year2024

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$353,420
Median Gross Revenue
$228,939
Top Quartile Revenue
$1,428,519.24
Bottom Quartile Revenue
$38,330.42

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 to Other Specialty Retail Franchises

Key Insights

  • Lower investment than 91% of Specialty Retail franchises
  • One of the lowest SBA loan default rates in Specialty Retail
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
JUST BETWEEN FRIENDS FRANCHISE
Current
$67K - $98K$25K3.0%148
MERLE NORMAN COSMETICS$48K - $260KN/AN/A797
CORNWELL$80K - $324KN/AN/A793
BATTERIES PLUS$263K - $497K$45K5.0%604
PET SUPPLIES PLUS$537K - $2.0M$50K3.0%502
WILD BIRDS UNLIMITED$227K - $379K$40K4.0%340
Specialty Retail Average
46 franchises
$285K - $708K$38K5.0%-

* 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

Top States by Outlet Count
1TX
29
2PA
14
3FL
11
4CO
10
5WA
10
6MN
9
7CA
9
8WI
7
9MO
7
10OK
6
11MI
6
12NJ
4
13IL
3
14TN
3
15IN
3

+18 more states

SBA Loan History

Historical SBA 7(a) loan data for JUST BETWEEN FRIENDS FRANCHISE franchisees (2013 - 2023)

Total Loans
9
Average Loan Amount
$135,067
Total Loan Volume
$1,215,600
Default Rate
0.0%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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182 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 Cases1

One case against former franchisees for failure to transfer social media pages associated with terminated franchises, resolved by settlement.

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
0
Non-Renewals
1
Reacquired by Franchisor
4
Ceased Operations (Other)
2
System Transfers
12
Sold to Franchisees
2
Projected New Franchises
24

Frequently Asked Questions

How much does it cost to open a JUST BETWEEN FRIENDS FRANCHISE franchise?

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.

How much revenue does a JUST BETWEEN FRIENDS FRANCHISE franchise make?

According to the 2024 FDD, the average gross revenue for a JUST BETWEEN FRIENDS FRANCHISE franchise is $353,420. The median revenue is $228,939.

How many JUST BETWEEN FRIENDS FRANCHISE franchise locations are there?

As of the 2024 FDD, JUST BETWEEN FRIENDS FRANCHISE has 148 franchise locations. The company has been franchising since 2003.

Can you get an SBA loan for a JUST BETWEEN FRIENDS FRANCHISE franchise?

Yes, SBA loans are available for JUST BETWEEN FRIENDS FRANCHISE franchises. Historical data shows 9 SBA 7(a) loans have been approved for JUST BETWEEN FRIENDS FRANCHISE franchisees, with an average loan amount of $135,067. The historical default rate is 0.0%.

Is JUST BETWEEN FRIENDS FRANCHISE a good franchise to buy?

JUST BETWEEN FRIENDS FRANCHISE shows several positive indicators: established brand with 148+ locations, transparent financial performance data (Item 19), low SBA loan default rate. 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.

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