About DaaBIN Store Franchise
DaaBIN Store is a retail franchise concept that launched its franchise program in 2022 under DaaBIN Store, Inc.
The brand offers a curated shopping experience featuring a diverse selection of products, bringing an engaging retail format to local communities.
DaaBIN Store locations are designed to create a fun, treasure hunt style atmosphere that keeps customers coming back.
DaaBIN Store Franchise Cost & Fees
Minimum Investment
$162K
Average Investment
$219K
Maximum Investment
$276K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $35,000 | One-time payment upon signing |
| Royalty Fee | 5% of your Net Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of your Net Sales | National brand fund |
| Total Investment Range | $161,750 – $276,000 | Includes build-out, inventory, working capital |
The investment range of $162K–$276K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5% of your Net Sales) and marketing fee (1% of your Net Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial franchise fee | $35,000 | $35,000 |
| Rent and Lease Security Deposit | $3,750 | $14,000 |
| Utilities | $100 | $500 |
| Leasehold Improvements | $2,000 | $6,000 |
| Market Introduction Program | $2,500 | $15,000 |
| Furniture, Bins, Fixtures, and Equipment | $35,000 | $50,000 |
| Computer Systems | $500 | $2,000 |
| Insurance | $250 | $2,500 |
| Signage | $3,000 | $10,000 |
| Office Expenses | $1,500 | $3,500 |
| Inventory | $25,000 | $30,000 |
| Licenses and Permits | $150 | $1,000 |
| Professional Fees (lawyer, accountant, etc.) | $1,000 | $3,000 |
| Travel, lodging and meals for initial training | $2,000 | $3,500 |
| Additional funds (for first 3 months) | $50,000 | $100,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 plus any broker fees and other out-of-pocket costs we incur |
| Technology Fee | Currently, none |
| Audit Fee | Our actual cost |
| Market Cooperative Contribution | As determined by co-op. Currently, none. (Maximum 5% of Net Sales) |
| Replacement / Additional Training fee | Currently, $250 per day |
| Third party vendors | Pass-through of costs, plus reasonable administrative charge. Currently, none. |
| Software subscription | Currently, none (paid directly to supplier) |
| Non-compliance fee | $500 (then $250 per week) |
| Reimbursement | Amount that we spend on your behalf, plus 10% |
| Late fee | $100 plus interest on the unpaid amount at a rate equal to 18% per year |
| Insufficient funds fee | $30 |
| Costs of collection | Our actual costs |
| Special support fee | Currently, $600 per day |
| Customer complaint resolution | Our expenses |
| Records audit | Our actual cost (if non-compliance or under-reported sales) |
| Special inspection fee | Currently $600, plus our out-of-pocket costs |
| Non-compliance cure costs and fee | Our out-of-pocket costs and internal cost allocation, plus 10% |
| Liquidated damages | An amount equal to royalty fees and marketing fund contributions for the lesser of (i) 2 years or (ii) the remaining weeks of the franchise term. |
| Indemnity | Our costs and losses from any legal action related to the operation of your franchise |
| Prevailing party’s legal costs | Our attorney fees, court costs, and other expenses of a legal proceeding, if we are the prevailing party |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 44 hours |
| Classroom Training | 31 hours |
| On-the-Job Training | 13 hours |
| Training Location | Cedar Falls, IA or Your Location |
| Additional Training | The franchisor may require additional training programs or refresher courses in the future, and a fee of $250 per day may be charged for sending a new general manager to training. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | Minimum of 2.5 miles |
| Description | Your territory will usually be specified as a radius around your location; however, the franchisor may use other boundaries (such as county lines or other political boundaries, streets, geographical features, or trade area). If not specified in the agreement, it will be deemed the zip codes immediately surrounding the franchised business location, comprising a 2.5-mile radius. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Up to 2 additional 5-year terms |
| Renewal Conditions | To renew, franchisee must give 90-180 days advance notice, be in compliance with all contractual obligations, renovate to then-current standards, sign the then-current form of franchise agreement and related documents (including personal guaranty), and sign a general release (unless prohibited by law). The new agreement may have materially different terms and conditions. |
| Transfer Fee | $10,000 plus any broker fees and other out-of-pocket costs we incur |
| Transfer Conditions | No transfers without franchisor approval. Conditions include paying the transfer fee, the buyer meeting franchisor standards and not being a competitor, the buyer and owners signing the then-current franchise agreement and related documents (including personal guaranty), all payments to franchisor being made, buyer completing training, franchisee signing a general release, and the business complying with then-current system specifications (including remodel, if applicable). |
| Termination for Cause | Franchisor may terminate for cause with 10-day cure for non-payment, or 30-day cure for other breaches. Termination without cure period for reasons like misrepresentation, knowingly submitting false information, bankruptcy, loss of location, violation of confidentiality or non-compete, slander, refusal to cooperate with inspection, abandonment of business for more than 5 days, three defaults in 12 months, felony conviction, or acts materially affecting the brand. |
| Non-Compete Period | During the term of the agreement, and for two years after termination or expiration. |
| Non-Compete Details | During the term, neither franchisee, any owner, nor spouse of an owner may have ownership interest in, lend money or provide financial assistance to, provide services to, or be employed by any competitor. For two years after termination or expiration, the same restrictions apply within ten miles of the former territory or any other DaaBIN Store business operating on the date of termination/transfer. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | You are not required to participate personally in the direct operation of your business. However, you must designate one person as your 'Principal Executive' who is primarily responsible for the business and has decision-making authority. This individual must complete initial training and make reasonable efforts to attend all required meetings. The franchisor strongly recommends the Principal Executive own at least 10% of the business. The business must always be under the on-site supervision of the Principal Executive or a general manager who has completed the training program. |
| Required Suppliers | Franchisee must purchase Shopping Carts, Bins, Signage, and Marketing Materials directly from the franchisor or its affiliate. The franchisor also specifies the point-of-sale software and hardware, and related systems. |
| Supply Restrictions | The franchisor has the right to require franchisees to purchase or lease all goods, services, supplies, fixtures, equipment, inventory, computer hardware and software, real estate, or comparable items related to establishing or operating the business either from the franchisor/designee, approved suppliers, or according to franchisor specifications. Franchisee's business location is subject to franchisor approval and must meet specifications. Insurance policies must meet specific requirements and list the franchisor as an additional insured. |
| Franchisor Revenue from Suppliers | The franchisor will derive revenue from required purchases and leases by franchisees. In the prior fiscal year, total revenue from all required purchases and leases was $0, representing 0% of total revenues, as the franchisor is new. |
DaaBIN Store Franchise Earnings — Item 19
Average Revenue
$910K
Sample Size
1 units
Past financial performance does not guarantee future results. Individual results will vary.
DaaBIN Store Litigation & Risk Flags
Clean Litigation RecordDaaBIN Store has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
DaaBIN Store System Growth
Total Units
1
Franchised
0
Company-Owned
1
DaaBIN Store currently operates 0 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | 0 | 0 |
| 2020 | 0 | 0 | 0 |
| 2021 | 1 | 0 | 1 |
Transfers: 0 | Closures: 0
Public Figures (Item 18)
The following public figures are associated with this franchise: NASCAR figures, professional sports figures, music figures, celebrities from these fields
State Registrations
Registered in 15 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, OR, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Total Assets
$100K
DaaBIN Store Franchise — FAQ
The total investment to open a DaaBIN Store franchise ranges from $161,750 to $276,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $35,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
DaaBIN Store charges a royalty fee of 5% of your Net Sales of gross sales, plus a 1% of your Net Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the DaaBIN Store Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from DaaBIN Store to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, DaaBIN Store franchise owners report average revenue of $910K. This is based on a sample of 1 units. Past performance does not guarantee future results.
DaaBIN Store has been franchising since 2022. The FDD shows an investment range of $161,750-$276,000, a 5% of your Net Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $35,000 and the total investment ranges from $161,750 to $276,000 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from DaaBIN Store and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with DaaBIN Store or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com