
DirectBuy Inc.
Consumer buying club- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$359K - $904K
- Units as of 2015
-
52
Company Overview
About DirectBuy Inc.
- Industry
- Services (Other)
- Related Categories
- Miscellaneous Services, Miscellaneous Retail Businesses
- Founded
- 1971
- Parent Company
- United Consumers Club Inc.
- Leadership
- Mike Bornhorst, CEO
- Corporate Address
-
8450 Broadway, P.O. Box 13006
Merrillville, IN 46411-3006
Business Overview
- Franchising Since
- 1972 (51 years)
- # of employees at HQ
- 330
- Where seeking
-
This company is offering new franchisees worldwide.
This company is offering new franchisees in the following US states:
- # of Units
- 52 (as of 2015)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a DirectBuy Inc. franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $75,000
- Initial Investment
- $359,000 - $904,000
- Net Worth Requirement
- $100,000 - $200,000
- Cash Requirement
- $100,000 - $200,000
- Veteran Incentives
- 20% off franchise fee
- Royalty Fee
- 22%
- Ad Royalty Fee
- 3%
- Term of Agreement
- 12 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- DirectBuy Inc. offers in-house financing to cover the following: franchise fee
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 5 weeks
- Classroom Training
- 4 weeks
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineOnline SupportField Operations
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational Media
Operations
Additional details about running this franchise.
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 9-12
- Are exclusive territories available?
- Yes
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