Just-A-Buck
At a Glance
Products & Services: General merchandise for $1
Number of Locations:
Total Investment: $140K - 250K
Founded: 1988
Began Franchising: 1992
Private Owned
About Just-A-Buck
Based in Poughkeepsie, New York, Just A Buck started in 1988 and began franchising in 1992. Just-A-Buck sells children's games and toys, gifts, packaged goods, hardware, housewares, books, candy, collectibles, baskets, personal care products, greeting cards and costume jewelry, all priced at $1.Startup Costs, Ongoing Fees and Financing
Total Investment: $140,000 - $250,000
Franchise Fee: $25,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $180,000
Liquid Cash Available: $40,000 - $50,000
Operations
20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee's location: 2 weeks.
Ongoing Support: Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Ad slicks,