General

Industry

Retail Products and Services

Category

Specialized

SBA Identifier

S3749

Year of Founding

2018

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$20,000-$50,000

Investment Range

$307K-$1.08M

Location units

Total U.S. Locations

66

U.S. Franchised Units

57

U.S. Corporate Units

9

Headquarters (City)

Dallas

Other

Item 19 - Franchise Financials

No

Financing Availability

-

Started Offering Franchises

2018

Issuance of FDD Data

07/16/2021

What to know about Buff City Soap franchise?

Buff City Soap Franchising, LLC offers franchises to operate a Buff City Soap personal care product retail shop, providing consumers with high-quality, fresh, hand-made, plant-based soaps, bath soap "bombs," body and facial products and related custom services.

Buff City Soap is based in Dallas, TX. Scroll down to learn more!

How much does a Buff City Soap franchise cost?

Are you wondering how much is a Buff City Soap franchise? Before starting a Buff City Soap franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Buff City Soap franchise is $307,200 and can go all the way up to $1,082,000. Keep in mind, you should also allocate additional funds to live off of while the Buff City Soap business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Buff City Soap franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Buff City Soap business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Buff City Soap franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2018 6 5 3 8
2019 8 16 0 24
2020 24 33 0 57

Additional Details

How much does a Buff City Soap franchise owner make?

Buff City Soap franchise earnings and revenue can vary significantly from one franchisee to another.
The Buff City Soap franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Buff City Soap unfortunately does not disclose financials on how much Buff City Soap franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Buff City Soap does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Buff City Soap franchisees. Do note that Buff City Soap is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Buff City Soap franchisees to understand how much money they are making from their Buff City Soap business.

You should also speak to former Buff City Soap franchisees to understand why they left the system. Did they sell their Buff City Soap at a profit? Were they forced to close their Buff City Soap franchise down because it kept losing money?

What is the Buff City Soap franchise fee?

Owning a Buff City Soap franchise requires 6% royalty fee and 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Buff City Soap Franchise Disclosure Document

Keep in mind, there is also an initial Buff City Soap franchise fee of $20,000 that is included in the initial investment amount of $307,200 to $1,082,000. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Buff City Soap franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Buff City Soap franchise fee of $20,000.

Visit the Buff City Soap metrics tab to explore the financials for this business, royalty and marketing fees compare to other Retail Products and Services franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Buff City Soap founded?

Buff City Soap started offering franchises in 2018. Buff City Soap was founded 4 years ago in 2018.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Buff City Soap locations are in the U.S.?

As of 2021, there were 57 locations across the U.S. There are also 9 corporate locations. Most Retail Products and Services franchises like Buff City Soap have more franchised locations than corporate locations.

How many Buff City Soap franchises opened over the past few years?

Over the prior 3 years we have data for, Buff City Soap has opened 54 outlets throughout the U.S. Visit the Buff City Soap metrics tab to explore how the openings compare to other Retail Products and Services franchises.

How many Buff City Soap franchises closed over the past few years?

Over the prior 3 years we have data for, Buff City Soap has closed 3 outlets throughout the U.S

Visit the Buff City Soap metrics tab to explore how the openings compare to other Retail Products and Services franchises.

Is Buff City Soap growing? Are they opening more locations than they are closing?

The net unit growth rate for Buff City Soap over the past 3 years is 850%. Over the last year we have data for, Buff City Soap had a net unit growth rate of 138%.

Without a comparison, this number doesn’t mean much. Compare how the Buff City Soap growth rate compares to 2,000+ other franchises and Industry franchises like Buff City Soap. More info in the Buff City Soap metrics tab.

Is Buff City Soap franchise eligible for an SBA Loan?

Buff City Soap is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Buff City Soap franchise was assigned the SBA Franchise ID of S3749 on 12/04/2018. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Buff City Soap that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Buff City Soap a franchise in the United States?

According to the SBA, Buff City Soap meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Buff City Soap provides you with an FDD if you are in discussion to buy a Buff City Soap.

What is the Buff City Soap Franchise for Sale Rate?

The Buff City Soap systemwide health and franchisee satisfaction can be measured by the Buff City Soapfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Buff City Soap franchise for sale rate over the past 3 years is 6%. Over the last year we have data for, Buff City Soap had a franchise for sale rate of 7%.

Without a comparison, this number doesn’t mean much. Compare how the Buff City Soap franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Buff City Soap. More info in the Buff City Soap metrics tab.

What is the Buff City Soap Franchise Failure Rate?

Buff City Soap franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Buff City Soap failure rate over the past 3 years is 5%. Over the last year we have data for, Buff City Soap had a franchise failure rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Buff City Soap franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Buff City Soap. More info in the Buff City Soap metrics tab.

How can I find out more details on Buff City Soap franchise?

Visit the Buff City Soap metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Buff City Soap

$694,600

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Buff City Soap

6%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Buff City Soap

$35,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Retail Products and Services

Category

Specialized

SBA Identifier

S3749

Year of Founding

2018

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$20,000-$50,000

Investment Range

$307K-$1.08M

Location units

Total U.S. Locations

66

U.S. Franchised Units

57

U.S. Corporate Units

9

Headquarters (City)

Dallas

Other

Item 19 - Franchise Financials

No

Financing Availability

-

Started Offering Franchises

2018

Issuance of FDD Data

07/16/2021

Detailed Franchise metrics for Buff City Soap

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Buff City Soap below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Buff City Soap

138%

850%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Buff City Soap

0%

6%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Buff City Soap

0%

5%

Industry median

All franchises median

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Business details

Company Name

http://www.buffcitysoap.com/

Business email

**********@******.com

Mailing address

2718 Fairmount St

State headquarters

Texas

Owner Name

Buff City Soap

Phone

+1 (000) 0********00

City

Dallas

Zip code

75201
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