Just Between Friends Franchise Opportunities
Just Between Friends offers children's and maternity consignment sales events take place. At a Just Between Friends event, you can: shop rows and rows of baby and children’s shoes, toys, clothing, maternity, and baby equipment at 50 to 90% off retail, sell your items as a consignor and earn from 60 to 70% on your item sales, help out at the sale and make new friends—plus you get a lot of other perks too! The company was founded by Shannon Wilburn and Daven Tackett in 1997. Just Between Friend began franchising in 2004. As of 2018, it operates more 150 franchises in the United States.
How much does Just Between Friends franchise cost?
Just Between Friends has the franchise fee of up to $17,900, with total initial investment range of $38,544 to $138,867.
Initial Investment: $38,550 - $54,545
Ongoing Fees
Initial Franchise Fee: $17,900
Ongoing Royalty Fee: 3%
Ad Royalty Fee: 1%
Initial Investment and Startup Costs
| Type of Expenditure | 1 Unit | 2 Units | 3 Units | Method of Payment | When Due | To Whom Payment Is Be Made |
|---|---|---|---|---|---|---|
| Initial Franchise Fee (1) | $17,900 | $33,900 | $48,900 | Cash | Execution of Franchise Agreement | JBF |
| Initial Equipment (2) | $4,000 - $6,700 | $4,000 - $6,700 | $4,000 - $6,700 | As you arrange from supplier | Varies with supplier | Persons or entities other than JBF |
| Initial Inventory (3) | $5,000 | $10,000 | $15,000 | Cash | Before first sales event | Persons or entities other than JBF |
| Storage (4) | $0 - $375 | $375 - $750 | $750 - $1,125 | Cash | Varies with Supplier | Persons or entities other than JBF |
| Pre-Opening Labor (5) | $700 - $1,000 | $1,400 - $2,000 | $2,100 - $3,000 | Cash | Prior to Sales Event | Persons or entities other than JBF |
| Optional At Event Existing Franchisee Coaching (6) | $0 - $2,850 | $0- $5,700 | $0 - $8,550 | Cash | At least 90 days prior to Sales Event | JBF |
| Estimated Travel & Living Expenses during training and site visit (6) | $1,800 - $2,800 | $1,800 - $2,800 | $1,800 - $2,800 | Cash | Prior to training and site visit | Persons or entities other than JBF |
| New Franchise Technology License and Set-up Fee | $1,500 | $3,000 | $4,500 | Cash | Before Opening | JBF |
| Building Lease (7) | $900 - $3,750 | $1,800 - $7,500 | $2,700 - $11,250 | Cash | As required by landlord | Landlord |
| Business Registration & Tax Permits | $800 - $1,000 | $800 - $2,000 | $800 - $3,000 | Cash | Before Opening | Government |
| Insurance (8) | $500 - $1,000 | $500 - $2,000 | $500 - $3,000 | Per policy | Per policy | Insurance Company |
| Advertising | $2,380 - $3,730 | $4,760 - $7,460 | $7,410 - $11,190 | As required | At or before event | Persons or entities other than JBF |
| Additional Funds - Initial Period from signing franchise agreement to first sale (Not more than 300 days) (9) |
$2,500 - $5,500 | $2,500 - $11,000 | $2,500 - $16,500 | As required | As required | Persons or entities other than JBF |
| Technology Fee (11) | $164 - $984 ($164 per month) | $328 - $1,968 ($328/month) | $492 - $2,952 ($492/month) | Cash | 1⁄2 due January 15, 1⁄2 due July 15 | JBF |
| Financial Management Course | $400 | $400 | $400 | By January 15th for the current year |
Subject to change by 30 days prior written notice. |
JBF (but this is optional at the discretion of each franchisee) |
| TOTAL: (12) | $38,544 - $54,509 | $65,563 - $97,178 | $91,582 - $138,867 |
Support Options
On-The-Job Training: 21 hours
Classroom Training: 32 hours
Additional Training: Pre-training
Just Between Friends Franchise Expansion Plans:
Franchisor is seeking new franchise units throughout the U.S. and Canada
Just Between Friends Franchise Info: https://jbfsalefranchise.com/
-
Starting investments from:$38,544
-
Company type:Store
- Company foundation year:1997
- Year of launching the franchise:2004
- Franchise enterprises:151
- Corporate Address:325 N. Butternut Pl. Broken Arrow, OK 74012, USA