2022
11
$161,750
$35,000
$276,000
No
DaaBIN Store is revolutionizing the discount retail landscape with its innovative bin-store model, offering customers a treasure-hunt shopping experience filled with surprises. Each week, the store unveils new inventory, ranging from electronics and toys to household goods, all at unbeatable prices. This dynamic approach keeps customers coming back, eager to discover the next big find.
As a franchisee, you become part of a brand that prioritizes community, inclusivity, and fun. The name "DaaBIN" is a nod to the founders' family—Delaney, Amanda, Andy, and Beau—with 'IN' representing inclusivity, reflecting the company's commitment to creating welcoming spaces for all.
Low-Cost Entry: With a total investment ranging from $161,750 to $276,000, DaaBIN Store offers an affordable entry into the retail sector.
Proven Business Model: The weekly-changing inventory and fixed-price bins create a sense of urgency and excitement, driving repeat business.
Strong Brand Identity: DaaBIN Store's family-friendly atmosphere and commitment to inclusivity resonate with a broad customer base.
Comprehensive Support: Franchisees receive extensive training and ongoing support, ensuring a smooth operational experience.
Community Engagement: The brand's involvement in local initiatives and its focus on creating inclusive spaces foster strong community ties.
DaaBIN Store is a rapidly expanding retail franchise that offers a unique and engaging shopping experience centered around weekly-changing inventory sold at discounted prices. The company was founded by Andy and Amanda, who, along with their children Beau and Delaney, are deeply involved in the business. Their commitment to inclusion is evident through their nonprofit organization, Beau’s Beautiful Blessings, which supports children with intellectual disabilities. The family also contributed to the development of a fully inclusive playground in Cedar Falls, Iowa.
DaaBIN Store Franchising, LLC was established in February 2022 and began offering franchises in May 2022. The franchise operates a distinctive retail model where new merchandise arrives weekly, creating a treasure-hunt shopping experience for customers. Items range from electronics and household goods to toys and clothing, all at significantly reduced prices. This dynamic inventory model encourages repeat visits and fosters a loyal customer base.
As of 2025, DaaBIN Store has expanded to 11 locations across the United States, including states such as Iowa, North Carolina, Missouri, Minnesota, Wisconsin, Indiana, and Virginia. The franchise has demonstrated impressive early expansion, with multiple locations operating across several states.
The company is privately owned by the founding family, ensuring a hands-on approach to brand development and franchisee support. DaaBIN Store strives to live up to customer expectations by offering a fun, family-friendly shopping environment with new merchandise every week.
DaaBIN Store offers a comprehensive support and training program designed to equip franchisees with the knowledge and tools necessary to operate a successful retail location. This program encompasses various phases, ensuring that franchisees are well-prepared to manage their stores effectively.
Initial Training Program
Franchisees undergo an extensive dual-phase initial training program, which includes:
Store Operations: Franchisees learn the day-to-day operations of running a DaaBIN Store, including inventory management, pricing strategies, and customer service techniques.
Product Ordering and Pricing: Training covers how to order products, manage inventory, and set pricing to maximize profitability.
Administrative Procedures: Franchisees are taught the administrative aspects of operating a store, ensuring compliance with company policies and procedures.
Ongoing Support
DaaBIN Store provides continuous support to franchisees, including:
Operational Assistance: Ongoing training and support in areas such as unit operations, customer-service techniques, product ordering, pricing guidelines, and administrative procedures.
Marketing Support: Franchisees receive assistance in developing advertising materials, consumer marketing plans, and strategies to promote their stores effectively.
Business Development: Continued research methods and techniques are provided to enhance unit-level profitability and business growth.
Ideal Franchisee Profile
DaaBIN Store seeks franchisees who possess:
People Skills: The ability to engage with customers and staff effectively.
Entrepreneurial Mindset: A proactive approach to business development and problem-solving.
Commitment to Customer Satisfaction: A focus on converting store visitors into loyal customers.
Financial Overview
Franchise Fee: $35,000
Estimated Minimum Initial Investment: $218,875 (including franchise fee)
Royalty Fee: 5% of Gross Sales
DaaBIN Store seeks franchisees who are passionate about retail, community engagement, and providing a fun, family-friendly shopping experience. The ideal investor possesses a blend of entrepreneurial drive, operational competence, and customer-focused mindset. Key attributes include:
Franchisees should have a proactive mindset and the ability to adapt to a fast-paced, dynamic retail environment.
Comfortable with managing operations, making decisions, and problem-solving independently while following brand guidelines.
Strong interpersonal skills to engage with a wide range of customers, ensuring an enjoyable shopping experience.
Commitment to delivering excellent service and creating a welcoming environment for families and individuals alike.
Interest in participating in local events, charitable initiatives, and community outreach programs.
Ability to leverage community engagement to strengthen brand loyalty and customer relationships.
Sufficient capital to invest between $161,750 and $276,000, which includes the franchise fee, setup costs, working capital, and marketing expenses.
Prepared for ongoing operational costs and capable of sustaining the business until break-even (typically 12–18 months).
Willingness to learn and implement DaaBIN Store’s systems for inventory management, merchandising, and customer service.
Comfortable overseeing staff, managing day-to-day store operations, and ensuring adherence to company standards.
Interested in establishing a store in areas with high foot traffic, such as suburban or urban neighborhoods.
Ideally, franchisees should target locations where families, bargain hunters, and repeat shoppers are prevalent.
Franchisees should enjoy the concept of a “treasure-hunt” shopping experience, where merchandise changes weekly.
Excited about creating an engaging and interactive environment that encourages customers to visit frequently.
Category | Details |
---|---|
Franchise Fee | $35,000 |
Total Investment Required | $161,750 – $276,000 |
Minimum Cash Required | $161,750 |
Royalty Fee | 5% of monthly gross sales |
Marketing Fee | 1% of monthly gross sales |
Franchise Units (2025) | 3 franchised, 8 corporate-owned |
Infrastructure / Store Setup Costs | Included in total investment estimate ($80,000 – $120,000 approx. depending on location) |
Working Capital | Included in investment ($15,000 – $25,000) |
Expected ROI | Varies by location; generally within 2–4 years |
Break-Even Time | Typically 12–18 months |
Potential Revenue Streams | Weekly inventory sales, seasonal promotions, special events, in-store add-ons |
Notes:
The total investment includes franchise fee, equipment, initial inventory, leasehold improvements, working capital, and pre-opening expenses.
Marketing support is provided through corporate-approved campaigns and local advertising guidance.
ROI and break-even time depend heavily on location, customer traffic, and operational efficiency.