Just-A-Buck
Yes, we actively support the inclusion and development of minority-owned franchises in the Just-A-Buck system.
Just-A-Buck
301 N. Main St.
New City, NY 10956
800#: (800) 332-2229
Tel:
Fax:
E-mail: rs@sprynet.com
Web Site: www.just-a-buck.com
Contact: Mr. Ronald Sommers, Dir. Franchise Development
Merchandise that would sometimes cost as much as ten times more at any other store makes JUST-A-BUCK fun to shop and fun to run. America's premier franchised dollar store. Each location is neat and clean. It takes hard work but the concept is simple and it's made even easier with on-going support, training and help with everything from marketing to merchandising. IFA Member. Entrepreneur Top 500.
Franchisor Background
Established: 1988
First Franchise: 1992
Franchise Units: 34
Company-Owned Units: 11
Total Units: 45
Distribution:
> North America -- Operations in 7 States
> States/Provinces with Greatest Density: 21 in NY, 10 in NJ, 6 in CT
Units Owned by Minorities:
>African-American:
>Hispanic: 1
>Asian-American: 1
>Native American:
>Other: 7
Average Number of Employees: 6 FT, 10 PT (FT = Full Time, PT = Part Time)
Space Needs: 3,000 SF; SC, RM
(for abbreviations click here)
Financial Requirements
Cash Investment: $40-60K
Total Investment: $126.7-265.9K
Average Total Investment: $196K
Minimum Net Worth: $150K
Fees
>Franchise: $25K
>Average Franchise Fee: $25K
>Royalty: 4%
>Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/20
Passive Ownership: Not Allowed
Area Development Agreements:Yes
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 18
On-Going Support: A,B,C,D,E,F,G,H,I (for an explanation click here)
Training: 10 Days NY State; 10 Days On-Site.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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