Franchise Facts Report

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DaaBIN Store franchise — is it worth it?

Retail · FDD-based assessment · registered 2024

Medium risk Significant turnover Item 19 disclosed

DaaBIN Store is a retail franchise opportunity with a moderate initial investment.

Everything below is free, read straight off DaaBIN Store's registered filing, with where the numbers land against retail peers. Weighing DaaBIN Store against other options? Get a free shortlist of franchises that fit your budget.

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Total initial investment
$161,750 – $276,000
Below the retail median · median $319,750
Initial franchise fee
$35,000
FDD Item 5
Royalty
5%
FDD Item 6
Item 19 earnings
$1,165,794
avg unit revenue, as disclosed
Litigation (Item 3)
None
none disclosed
Closure rate
83.3%
retail median 4.3%
Outlet network
3 units
-3 last year

Figures above are as disclosed in DaaBIN Store's most recent FDD (registered 2024). Source: Minnesota Dept. of Commerce — CARDS franchise registrations · filing 32232-202408-11 — check it yourself. See every other Minnesota-registered franchise.

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How much does a DaaBIN Store franchise make?

DaaBIN Store is one of the franchisors that answers this on the record: its most recent FDD makes an Item 19 financial performance representation — actual unit earnings figures, disclosed by the franchisor itself. The headline figure is $1,165,794 in average unit revenue — read it alongside what Item 19 says about which units it covers (often only mature or top-performing locations). See every retail brand that discloses earnings in the Retail franchises with disclosed Item 19 earnings ranking.

DaaBIN Store franchise profit vs. revenue

Revenue is not profit. An Item 19 almost always reports sales — what a location takes in — not what an owner keeps. Out of that number come DaaBIN Store's 5% royalty, the ad fund, rent, payroll, supplies and debt service. No FDD tells you a DaaBIN Store franchise's profit, because profit depends on your site, your rent and how you run it — so treat any "DaaBIN Store franchise profit" figure quoted elsewhere as someone's estimate, not a disclosure. On $1,165,794 of revenue, a 5% royalty alone is about $58,290 a year before any other cost.

DaaBIN Store lawsuits & legal history (FDD Item 3)

DaaBIN Store's most recently filed Franchise Disclosure Document (2024) discloses no litigation in Item 3. That is a real signal rather than a gap: the FTC Franchise Rule requires a franchisor to disclose material litigation involving itself, its predecessors, parents, affiliates and management, so an empty Item 3 in a current filing means there was nothing it was required to report. It is worth reading alongside the churn numbers — a system can have a clean Item 3 and still be losing franchisees, which is what Item 20 shows.

DaaBIN Store closures & failure rate

Before you sign, DaaBIN Store will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what DaaBIN Store's most recent filing shows, and whether it's normal for a retail of this kind.

The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. DaaBIN Store's latest tables show significant franchisee turnover. Its franchised-outlet closure rate — closures, terminations and non-renewals against outlets — is 83.3%, against a retail median of 4.3% — worse than the category. Net franchised outlets moved -3 to 3 in the latest reported year.

Who owns DaaBIN Store?

DaaBIN Store's franchise is offered by DaBIN Store Franchising, LLC — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2024), and the entity a franchisee actually signs with. That name comes straight off the filing at MN CARDS; it identifies the franchisor, not necessarily the ultimate parent company behind it.

Retail franchises at a similar investment level

Anyone weighing DaaBIN Store is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.

Fast-Fix Jewelry and Watch Repairs$115,111 – $222,931 · Item 19 disclosed3 Monkeys Smoke Shop$156,250 – $202,700Crown Trophy$168,150 – $199,200Fastframe$135,325 – $246,663PayMore$138,750 – $268,500 · Item 19 disclosedReal Deals on Home Decor$144,350 – $272,400 · Item 19 disclosedHex Newco$170,000 – $267,700Bobbles & Lace$163,175 – $300,000 · Item 19 disclosedSeason 2$188,559 – $276,059 · Item 19 disclosedThe Closet Trading Company$137,400 – $350,300 · Item 19 disclosedDo It Best$852,500 – $1,580,500CPR - Cell Phone Repair (Unit)investment not disclosed · Item 19 disclosed

DaaBIN Store franchise — frequently asked

Who owns DaaBIN Store — who is the franchisor?

DaaBIN Store's most recently filed FDD (2024) names DaBIN Store Franchising, LLC as the franchisor — the entity you would actually sign the franchise agreement with, as stated on the disclosure document itself. A registry filing names the franchisor, not necessarily its ultimate parent company.

How much does a DaaBIN Store franchise cost?

DaaBIN Store's most recently filed FDD (Item 7) puts the total estimated initial investment at $161,750 – $276,000, with an initial franchise fee of $35,000 and a 5% royalty. That price is the franchisor's own estimate of what it takes to open, not a quote. Against retail peers it sits in the upper quartile (median $319,750).

How much profit does a DaaBIN Store franchise make?

DaaBIN Store discloses unit earnings in Item 19, but that figure is revenue — sales — not profit. Royalties (5% of gross for DaaBIN Store), the ad fund, rent, payroll and supplies all come out of it, and no FDD discloses what an owner nets. Any DaaBIN Store franchise profit number quoted elsewhere is an estimate. The headline figure DaaBIN Store discloses is $1,165,794 in average unit revenue.

Does DaaBIN Store disclose financial performance (Item 19)?

Yes — DaaBIN Store reports unit-level earnings in Item 19. The headline figure is $1,165,794 in average unit revenue, as the franchisor states it.

Are there lawsuits against DaaBIN Store?

No — DaaBIN Store's most recently filed FDD (2024) discloses no litigation in Item 3. Franchisors must disclose material litigation involving themselves, their predecessors, parents, affiliates and management, so an empty Item 3 is a genuine signal rather than an omission.

Is DaaBIN Store a good franchise to buy?

Nobody can answer that from DaaBIN Store's numbers alone — it comes down to how its investment, earnings, litigation and franchisee churn stack up against retail peers and against your own budget. Our read on this filing is medium risk. Every figure behind that read is on this page for free. If you're comparing options, the free shortlist on this page matches you with 5–10 franchises that fit your budget and industry.

Just watching DaaBIN Store?

Get a free email when something changes on DaaBIN Store or retail: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same state registries this page is built on.

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.