- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$359K - $904K
- Units as of 2015
-
52
Company Overview
About DirectBuy Inc.
Industry | Services (Other) |
---|---|
Related Categories | Miscellaneous Services, Miscellaneous Retail Businesses |
Founded | 1971 |
Parent Company | United Consumers Club Inc. |
Leadership | Mike Bornhorst, CEO |
Corporate Address |
8450 Broadway, P.O. Box 13006 Merrillville, IN 46411-3006 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 1972 (52 years) |
---|---|
# of employees at HQ | 330 |
Where seeking |
This company is offering new franchises worldwide. This company is offering new franchises in the following US states: |
# of Units | 52 (as of 2015) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a DirectBuy Inc. franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$75,000 |
---|---|
Initial Investment
|
$359,000 - $904,000 |
Net Worth Requirement
|
$100,000 - $200,000 |
Cash Requirement
|
$100,000 - $200,000 |
Veteran Incentives
|
20% off franchise fee |
Royalty Fee
|
22% |
Ad Royalty Fee
|
3% |
Term of Agreement
|
12 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
In-House Financing | DirectBuy Inc. offers in-house financing to cover the following: franchise fee |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 5 weeks |
---|---|
Classroom Training | 4 weeks |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Field Operations
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
|
Operations
Additional details about running this franchise.
Can this franchise be run from home/mobile unit?
|
No |
---|---|
Can this franchise be run part time?
|
No |
# of employees required to run | 9-12 |
Are exclusive territories available?
|
Yes |
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