DaaBIN Store

DaaBIN Store

Information based on 2024 FDD

Retail · Other Retail Businesses

Investment min
$162K
Total: $162K–$276K
Avg gross revenue
$905K
Unit-level, 2024
Franchise fee
$35K
Per current disclosure
Royalty
5%
of gross revenue
Locations
3
Franchising since 2022

Description

What is DaaBIN Store?

DaaBIN Store represents an innovative retail concept that's rapidly emerging in the marketplace since its establishment in 2022. This unique retail model operates on a bin-store format, where customers can discover and purchase a wide variety of merchandise at significantly discounted prices. The excitement builds as new inventory is regularly introduced, creating a treasure-hunt shopping experience that keeps customers coming back.

What sets DaaBIN Store apart is its dynamic pricing strategy, where items are typically priced based on specific days of the week, often starting higher and decreasing as the week progresses. This creates an engaging shopping experience where customers can strategize their visits based on their preference for first pick or better deals.

As a franchise owner, you'll benefit from a business model that combines the thrill of discovery shopping with practical retail operations. The concept appeals to a broad customer base, from bargain hunters to resellers looking for inventory. The store format is designed to maintain customer interest through constantly rotating merchandise and the excitement of finding unexpected deals.

DaaBIN Store provides comprehensive training and support to franchise owners, helping them master inventory management, pricing strategies, and customer service excellence. The business model is structured to create multiple revenue streams while maintaining healthy margins through strategic purchasing and efficient operations.

With the rising consumer interest in value shopping and sustainable retail practices, DaaBIN Store positions itself at the intersection of smart shopping and business opportunity, offering entrepreneurs a chance to tap into the growing discount retail market while providing a valuable service to their communities.
  • Low barrier entry investment level
  • Recession-resistant discount retail model
  • Dynamic weekly pricing strategy
  • Treasure hunt shopping experience
  • Ground floor franchise opportunity
  • Community-focused bargain destination

Location Analysis

Where DaaBIN Store wins

DaaBIN Store, established in 2022, is a rapidly growing retail franchise with multiple locations operating across several states, demonstrating impressive early expansion in its first years of operation. The franchise maintains a strong average rating of 4.57 across numerous customer reviews, indicating exceptional customer satisfaction and operational excellence, as evidenced by consistently high ratings across their locations.

The franchise's geographic distribution shows strategic market penetration, with a strong presence in the Southeast, particularly North Carolina, and notable representation across Midwest states including Iowa, Minnesota, and Wisconsin, as well as market coverage extending to Virginia. This presence across both the Southeast and Midwest regions suggests a versatile business model adaptable to diverse market conditions and demographic profiles.

Given DaaBIN Store's recent establishment and successful early growth, ideal locations for new franchises should target mid-sized markets with strong retail corridors and value-conscious consumer bases. The franchise's proven success across different regional markets suggests opportunities for both market densification in existing territories and strategic expansion into connecting states. Potential franchisees should focus on locations with high visibility, ample parking, and positioning within shopping centers or standalone locations that capture strong traffic patterns. The rapid expansion since 2022 indicates strong market acceptance and potential for continued growth in similar demographic areas.
Total US locations
11
Franchise units
3
Corporate locations
8
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind DaaBIN Store

Avg gross revenue$905,098
Investment range$161,750 – $276,000
Investment midpoint$218,875
Brand fund1%
Royalty5%
Franchise fee$35,000
Min. net worth
Min. liquid capital
DaaBIN Store presents an entry-level investment opportunity with total requirements ranging from $161,750 to $276,000, positioning significantly below the sub-sector average of $453,266-$715,998. This lower barrier to entry makes the franchise accessible to emerging entrepreneurs seeking retail opportunities without substantial capital reserves.

The discount retail sector benefits from recession-resistant consumer behavior, as economic uncertainty drives demand for value-oriented shopping experiences. The treasure hunt business model capitalizes on the growing popularity of discount retail concepts, appealing to bargain-conscious consumers across diverse demographics.

As a newly established system (2022) with only 11 units, DaaBIN Store represents an early-stage franchise opportunity. While this limited scale may indicate reduced brand recognition and developing operational infrastructure, it potentially offers ground-floor positioning for investors seeking emerging concepts with growth potential.

The dynamic pricing structure creates operational complexity requiring careful inventory management and customer communication. Territory rights and market protection details warrant thorough FDD review, particularly given the system's early development stage.

Ideal investors should possess retail management experience and sufficient working capital beyond initial investment requirements. The business model suits hands-on operators comfortable with inventory-intensive operations and community-focused marketing. Market entry timing favors locations with established bargain-shopping demographics and limited direct competition.

Prospective franchisees must conduct comprehensive due diligence, reviewing the FDD thoroughly and consulting with existing franchisees to understand operational realities and system support capabilities before making investment decisions.
Did you know? Did you know that launching your own DaaBIN Store franchise - the innovative storage and organization retail concept - requires a total investment ranging from $161,750 to $276,000, which covers everything from the $35,000 franchise fee to inventory, equipment, and all startup expenses needed to open your doors and start helping customers declutter their lives?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$162K–$276K
Most common
$161,750
Minimum
$218,875
Midpoint
$276,000
Maximum

Per FDD Item 7, total initial investment ranges from $161,750 to $276,000. The midpoint $218,875 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$2M$1M$900K$600K$300KN/A
$910K
$905K
2022
2023
2024
Avg
$605K
YOY change (2023 -> 2024)

According to Item 19 of the Franchise Disclosure Document, DaaBIN Store has an average gross revenue of $905K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

15129630
2020
2021
2022
2023
2024
11 units open as of 2024 FDD+11 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for DaaBIN Store's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a DaaBIN Store franchise typically ranges between $161,750.00 and $276,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

DaaBIN Store
DaaBIN Store
$905K avg revenue · 3+ US franchises

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