Hobbytown USA FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will engage in the retail sales of hobby, toy, entertainment, educational, collectible and gift merchandise to the public.
Corporate Information
Hobby Town Unlimited, Inc. is a Nebraska corporation formed in 1985 by Merlin P. Hayes and Thomas A. Walla. Mr. Hayes and Mr. Walla owned 100% of the Company from 1985 to 1998. In February 1998, Mr. Hayes and Mr. Walla sold approximately 45% of the Company to eight employees, and since then, additional employees have purchased stock. The Company’s principal place of business is 1133 Libra Drive, Lincoln, Nebraska 68512. The Company was formed for the purpose of selling franchises and began offering franchises in September 1985.
Investment
The total investment necessary to begin operation of a HobbyTown®/HobbyTown USA® franchise is (1) $153,250 to $184,500 for a Core Concept store, or (2) $195,250 to $326,100 for a Comprehensive Model store. This includes approximately (1) $121,600 to $142,100 for a Core Concept store or (2) $158,100 to $240,600 for a Comprehensive Model store that must be paid to the franchisor or affiliate.