DaaBIN Store FDD – Franchise Information, Costs and Fees
Type of Business
As a DaaBIN Store franchisee, you will operate a unique discount store offering products from overstock, damaged items, end-of-lot items and returns/open-box items.
Corporate Information
DaaBIN Store Franchising, LLC is an Iowa Limited Liability Company formed on 2/16/2022.Their principal business address is 4426 Butterfield Road, Cedar Falls, IA 50613. They have offered franchises since May 2022.
Investment
The total investment necessary to begin operation of a DaaBIN Store franchise is $161,750 to $276,000. This includes $35,000 for the Franchise Fee and $1,500 for the Shopping Carts, $15,000 for the bins and $5,000 to $14,000 for Marketing Materials and Signage that must be paid to the franchisor or affiliate. The total investment necessary to begin operation under a two- to five-unit Multi-Unit Development Agreement (including the first unit) is $187,750 to $381,000. This includes $81,500 to $165,500 that must be paid to the franchisor. There is no minimum number of DaaBIN Store units that you are required to develop under the Multi-Unit Development Agreement.
