The company stores sell games, toys, remote control cars and planes, train sets, rockets and models. The HobbyTown was founded in 1985 in Lincoln, Nebraska by Merlin Hayes, Mary Hayes and Thom Walla. It also provides franchise opportunities. As of 2018, HobbyTown owns and operates 138 franchises in US.
HobbyTown has the franchise fee of up to $20,000, with total initial investment range of $161,000 - $330,000.
Initial Investment: $161,000 - $330,000
Net-worth Requirement: $250,000
Liquid Cash Requirement: $48,510 - $104,775
Initial Franchise Fee: $20,000
Ongoing Royalty Fee: 3%
Ad Royalty Fee: 1 - 2%
On-The-Job Training: 131 hours
Classroom Training: 32 hours
Number of Employees Required to Run: 4
HobbyTown Franchise Info: https://www.hobbytownfranchise.com
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