HobbyTown
#369 Franchise 500| General hobbies and supplies, toys
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About
Founded

1969

Franchising Since

1986 (33 Years)

Corporate Address

1133 Libra Dr.
Lincoln, NB 68512

CEO

Bob Wilke

Parent Company

HobbyTown Unlimited Inc.

Financial Requirements
Initial Investment

$161,000 - $330,000

Net-worth Requirement

$250,000

Liquid Cash Requirement

$48,510 - $104,775

Ongoing Fees
Initial Franchise Fee

$20,000 - $20,000

Ongoing Royalty Fee

3%

Ad Royalty Fee

1-2%

Financing Options
Veteran Incentives

$10,000 off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

131 hours

Classroom Training:

32 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

4

HobbyTown is ranked #369 in the Franchise 500!
Bio
Merlin P. Hayes and his wife launched a hobby shop in Lincoln, Nebraska, in the 1970s. Through this store, Hayes met Thomas Walla, and together they bought out a competing store, Hobby Town, in 1980. From that one store HobbyTown USA was born. The company began franchising in 1986. Stores sell games, toys, remote control cars and planes, train sets, rockets and models.
Cost
Initial Investment: Low - $161,000 High - $330,000
Units
-8.0%-12 UNITS (1 Year) -13.8%-22 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 25th, 2018