DaaBIN StoreFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A DaaBIN Store franchise requires a total initial investment of $162K – $276K, including a $35K franchise fee and an ongoing 5.0% royalty[2]. Per the 2024 FDD, average unit revenue was $896K[2]. Verdict grade: C. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $162K – $276K
- 16th pct Retail
- Avg gross sales
- $896K
- 12th pct Retail
- Royalty
- 5.0%
- 6th pct Retail
- Units
- 11
- 8th pct Retail
- SBA default
- N/A
Quick verdict · Retail · color = vs category peers
Green = >15% above Retail avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Each dollar invested generates 4.1x in gross revenue, well above the typical 1.5-2.5x range.
The system contracted 50% year-over-year. Investigate why units are closing.
Bottom line
- Total investment $162K – $276K including a $35K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $896K/year (median $762K).
- Verdict C (Average) with a risk score of 68/100.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- DaaBIN Store Franchising, LLC
- Parent company
- DaaBIN Store, Inc.
- Incorporated in
- IA
- HQ
- 4426 Butterfield Road, Cedar Falls, IA 50613
- Auditor
- Naper CPA Group
- Audited financials
- Franchisor revenue
- $1.7M
- vs $3.2M prior year
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
- Headquarters
- IA
- Founded
- 2022
- FDD year
- 2024
- States available
- 4
FDD Item 7 · 2024 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $35K | $35K |
| Working capital (3–6 mo) | $50K | $100K |
| Equipment, build-out, other | $77K | $141K |
| Total initial investment | $162K | $276K |
Source: DaaBIN Store 2024 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$81K
9.0% margin
Unlevered ROIC
27%
EBITDA / total invested capital
Payback
3.6 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $162K – $276K
- Better than avg vs category
- Liquid capital req'd
- $50K – $100K
- Better than avg vs category
- Franchise fee
- $35K – $35K
- Better than avg vs category
- Royalty
- 5.0%
- Gross Sales · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Transfer fee | $10K |
| Renewal fee | $0 |
| Total fee load | 6.0% of rev |
A 6.0% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
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 49 · small
- Range (low → high)
- $644K→$1.3M
- Cohort dispersion (min → max)
- Transparency
- 4 / 5
- vs category median 2 / 5 · above
Compared against 304 Retail brands
Revenue is 4.1x the investment midpoint. At typical franchise margins, this suggests a payback under 3 years.
vs Retail averages
How DaaBIN Store Compares
Unit growth
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
3-year detail · Item 20
- Transfers (3yr)
- 0
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).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
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.
Audited financials (Item 21)
Yes · Naper CPA Group
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 68 / 100 rating
- 01MINORUnit count collapsed 50% year-over-year (11 units remaining) indicating severe system contraction and franchisee failure rate
- 02HIGHGoing Concern status is FALSE — franchisor may lack financial viability or stability
- 03MEDNet Income not disclosed despite average revenue of $895,844 — inability or unwillingness to show profitability is a major transparency red flag
- 04MEDHigh initial investment ($161,750–$276,000) combined with undisclosed profitability creates unfavorable risk/reward ratio
- 05MINOR5% royalty on net sales means franchisor extracts revenue even if franchisees are unprofitable
- 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
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Iowa |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 31 hrs
- On-the-job training
- 13 hrs
- POS system
- Square POS
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Square POS
Item 20 · call current owners
Franchisee Contacts
14 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
DaaBIN Store · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a DaaBIN Store franchise?
The total investment to open a DaaBIN Store franchise ranges from $162K – $276K, with an initial franchise fee of $35K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do DaaBIN Store franchise owners earn?
According to Item 19 of the DaaBIN Store FDD, the average gross sales per unit is $896K. The median is $762K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is DaaBIN Store's franchise failure rate?
SBA 7(a) loan charge-off data is not available for DaaBIN Store (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many DaaBIN Store franchise locations are there?
As of their most recent FDD filing, DaaBIN Store has 11 total units in the United States, including 0 franchised units and 8 company-owned units. 3 new units were opened in the latest reporting year.
Is DaaBIN Store a good franchise to buy?
FranchiseVerdict rates DaaBIN Store as a C-grade franchise with a risk score of 68 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.