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Just-A-Buck
 

Merchandise that would sometimes cost as much as ten times more at any other store makes JUST-A-BUCK fun to shop and fun to run. America's premier franchised dollar store. Each location is neat and clean. It takes hard work but the concept is simple and it's made even easier with on-going support, training and help with everything from marketing to merchandising. IFA Member. Entrepreneur Top 500.

Franchisor Background

Year Established:

  1988

Franchising Since:

  1994

IFA Member



Operating Units:

Franchised Units:18 75%  
Company-Owned Units:6 25%  
 ______ _____  
Total Operating Units:24 100%  
 

Geographic Distribution:

U.S.:18 100% In 7 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:18 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. New York21
2. New Jersey10
3. Connecticut6

Registered in Following Registration States:

   California, Florida, Illinois, Maryland, Michigan, New York, Rhode Island, Virginia, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$150K
Cash Investment:$40-50K
Total Investment:$136.9-228.2K
Average Total Investment:$196K
 

Fees:

Initial Franchise Fee:$25K
Average Franchise Fee:$25K
On-Going Royalty:4%
Average Royalty:4%
Advertising Fee:2%

Average Number of Employees:

   6 Full-time, 10 Part-time

Space Needs (in square footage):

   3,000

Preferred Sites:

   Strip Center, Regional Mall

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:18
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Direct
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. NY State10 Days
2. On-Site10 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:4
General Business Experience:3
Specific Industry Experience:2
Formal Education:2
Psychological Profile:2
Personal Interview(s):4

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:1
Hispanic:1
Native American:N/A
Other:7
Specific Minority:Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:20 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   15
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
 
 
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