百大连锁店-Rank no. 394 – 新移民致富之路

百大连锁店-Rank no. 394 – 新移民致富之路


Rank no. 394 – HobbyTown USA – US

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Products & Services: General hobbies & supplies, toys

Number of Locations: 156

Total Investment: $137K – 332K

Founded: 1969

Began Franchising: 1986

About HobbyTown USA

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 and also has an e-commerce site.

HobbyTown USA stores sell games, toys, remote control cars and planes, train sets, rockets and models.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 156 0 0 0
2012 150 0 0 0
2011 147 0 0 0
2010 151 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $137,000 – $332,000
Franchise Fee: $20,000 – $25,000
Ongoing Royalty Fee: 3%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS

Net Worth: $100,000 – $250,000
Liquid Cash Available: $75,000 – $125,000

OPERATIONS

5% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee’s location: 3 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media,

Franchise Ranking History

Franchise 500®: #394 (2013), #383 (2012), #397 (2011), #302 (2009),