FranchiseVerdict
DaaBIN Store logo
FV-00697·MODERATEExcellent91

DaaBIN Store

RetailFranchising since 2022Website
Investment
$162K – $276K
35th pct Retail
Avg revenue
$896K
30th pct Retail
Royalty
5.0%
15th pct Retail
Units
11
19th pct Retail
SBA default

Bottom line

  • Total investment $162K – $276K including a $35K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $896K/year (median $762K).
  • Rated MODERATE with a risk score of 64/100.

Item 1 · who you're contracting with

The Franchisor

Legal entity
DaaBIN Store Franchising, LLC
Parent company
DaaBIN Store, Inc.
Incorporated in
Iowa
HQ
4426 Butterfield Road, Cedar Falls, IA 50613
Auditor
Naper CPA Group
Audited financials
Franchisor revenue
$1.7M
vs $3.2M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one DaaBIN Store unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $895,844
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $162K–$276K
Working capital
$
FDD reports $50K–$100K

Unlevered ROIC · per unit

27%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$81K
EBITDA margin
9.0%
Total invested
$294K
Payback
44 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 DaaBIN Store units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$358K

on $1.8M purchase

Total debt

$1.4M

SBA $0.9M + senior + seller note

Overview

About

DaaBIN Store franchisees operate retail or service locations focused on bin/storage solutions or waste management services. Day-to-day operations likely include customer acquisition, inventory management, service delivery/installations, and managing local sales territory within their protected area.

CEO
Andrew Weichers
Founded
2022
FDD year
2024
States available
4

Item 7 · what it costs

The Vitals

Total investment
$162K – $276K
All-in to open one unit
Liquid capital
$50K – $100K
Cash you must have on hand
Franchise fee
$35K
Royalty
5.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$896K
Per unit, per year
Median gross sales
$762K
Item 19 type
Gross Sales
Sample size
6 units
vs category median 52 · small
Range (low → high)
$644K$1.3M
Cohort dispersion
Transparency
4 / 5
vs category median 3 / 5 · above
Revenue rank30th
vs Retail peers
Investment cost rank35th
Lower investment ranks lower (better)
Royalty rate rank15th
Lower royalty = lower percentile (better)
Unit count rank19th
vs Retail peers
Risk score rank66th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
11
Opened
3
Last reporting year
Closed
5
Turnover rate
45.5%
Company-owned
8
Corporate units in the system
% franchised
27%
vs corporate-owned
Net growth (yr3)
-50.0%
Net unit change last year
2022
3-3
Franchised units
2023
6
Franchised units
2024
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 3 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 3 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

64
Risk · 0-100
MODERATE64 / 100

DaaBIN Store exhibits HIGH RISK profile with catastrophic unit decline, undisclosed profitability, false going concern status, and high entry cost—suggesting a potentially failing system in survival mode.

Score breakdown · what drove the 64 / 100 rating

  1. 01MINORUnit count collapsed 50% year-over-year (11 units remaining) indicating severe system contraction and franchisee failure rate
  2. 02HIGHGoing Concern status is FALSE — franchisor may lack financial viability or stability
  3. 03MEDNet Income not disclosed despite average revenue of $895,844 — inability or unwillingness to show profitability is a major transparency red flag
  4. 04MEDHigh initial investment ($161,750–$276,000) combined with undisclosed profitability creates unfavorable risk/reward ratio
  5. 05MINOR5% royalty on net sales means franchisor extracts revenue even if franchisees are unprofitable
  6. 06MINOROnly 11 units remaining suggests system is failing; fewer operational units mean less franchisee support infrastructure and higher franchisor pressure on remaining operators

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Iowa

Item 11

Training & Operations

Classroom training
31 hrs
On-the-job training
13 hrs
POS system
Square POS
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

14 numbers

Locked
(503) 378-••••
OR
(808) 586-••••
CA
(217) 782-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

DaaBIN Store · FDD (2024) PDF

Single-page checkout · instant download · CSV export of contacts available separately above