- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$43K - $56K
- Units as of 2022
-
158 0.6% over 3 years
Just Between Friends is a key player in the consignment sales industry that helps its clients to shop for and put up used items for sale, including gently-used children’s clothing, toys, maternity items, and much more. Many people across the country and around the world rely on resale franchises like Just Between Friends as their primary source for retail goods. You could be a part of the chain that helps people with such preferences.
Just Between Friends was created in 1997. It began franchising in 2004 and has since grown to have more than 150 franchises across the U.S., with plans to expand globally.
Why You May Want to Start a Just Between Friends Franchise
The Just Between Friends franchise model offers you the flexibility you need, depending on your lifestyle. You can run it full-time or part-time with fairly low initial investment and operation costs. Fees may increase with your sales, so you can grow as you go. Just Between Friends also offers the opportunity for its franchisees to run the franchise as a home-based business, further increasing your potential flexibility as a franchisee.
You will also get the training and support you need to achieve success, and Just Between Friends takes their training seriously! You'll get to work with one of their most experienced team members who can show you how to take your business up a notch. Plus, you have the choice to donate any unsold items to charities in your community.
What Might Make a Just Between Friends Franchise a Good Choice?
The company only requires you to host two sales in the first year. The Just Between Friends brand is constantly growing. There are many franchises for sale, and you can take the opportunity to lay the foundation for your future. You’ll want to make sure you have enough capital available to cover the initial investment, which will include a franchise fee and other startup fees. You also should be prepared for ongoing fees, including royalty fees, advertising fees, and potential renewal fees.
By joining Just Between Friends, you will add value to your customers' shopping experience by watching for child safety and offering used items for a fraction of their original price. This franchise company stands out from the rest because it has an experienced product safety recall specialist on hand. They continually update their guidelines to make sure parents and guardians can shop confidently.
How to Open a Just Between Friends Franchise
As you decide if you want to open a Just Between Friends franchise, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Joining Just Between Friends as a franchisee requires that you pass through the franchise process. This starts with sending in your expression of interest by filling out a request form. If you qualify, the team will walk you through some of the first steps while checking on available franchises in your location of choice.
Whether they find an option among the franchises on sale or clear you to start fresh, you'll be able to move on to the training steps. From there, you'll be well on your way to being a member of this exciting brand that specializes in children’s and maternity secondhand items.
Company Overview
About Just Between Friends
Industry | Children's Businesses |
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Related Categories | Children's Retail, Miscellaneous Children's Businesses |
Founded | 1997 |
Parent Company | Just Between Friends Franchise System Inc. |
Leadership | Tracy Panase, VP of Marketing |
Corporate Address |
7633 E. 63rd Pl., #300 Tulsa, OK 74133 |
Social | Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest |
Business Overview
Franchising Since | 2004 (20 years) |
---|---|
# of employees at HQ | 16 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Canada |
# of Units | 158 (as of 2022) |
Line graph showing the number of units this franchise had for the last 5 years. |
Information for Franchisees
Here's what you need to know if you're interested in opening a Just Between Friends 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
|
$17,900 |
---|---|
Initial Investment
|
$42,644 - $56,459 |
Net Worth Requirement
|
$50,000 |
Cash Requirement
|
$30,000 |
Royalty Fee
|
3% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
5 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.
Third Party Financing | Just Between Friends has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs |
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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 | 21 hours |
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Classroom Training | 61 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
Yes |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Just Between Friends landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
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