General

Industry

Retail Products and Services

Category

Other

SBA Identifier

S0920

Year of Founding

2003

Fees

Marketing Fee

1% - 3%

Royalty Fee

3% - 5%

Franchise Fee

$17,900-$42,700

Investment Range

$43K-$135K

Location units

Total U.S. Locations

158

U.S. Franchised Units

153

U.S. Corporate Units

5

Headquarters (City)

Tulsa

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2003

Issuance of FDD Data

04/15/2022

What to know about Just Between Friends franchise?

The JUST BETWEEN FRIENDS FRANCHISE SYSTEM, INC. (“JUST BETWEEN FRIENDS” or “JBF”) offers franchisees an opportunity to host twice-a-year community-building consignment marketplaces or pop-up consignment sales where local families can save hundreds of dollars (and make hundreds of dollars) on everything they need to raise confident, stylish, good-looking kids.

Just Between Friends is based in Tulsa, OK. Scroll down to learn more!

How much does a Just Between Friends franchise cost?

Are you wondering how much is a Just Between Friends franchise? Before starting a Just Between Friends 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 Just Between Friends franchise is $42,644 and can go all the way up to $134,921. Keep in mind, you should also allocate additional funds to live off of while the Just Between Friends 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 Just Between Friends franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Just Between Friends business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Just Between Friends 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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Industry Report Request

Download our guide to compare Just Between Friends. Hotels to the Other, Outdoor Retail Products and Services industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 151 12 7 152
2017 152 6 0 151
2018 151 3 1 150
2019 150 14 4 158
2020 158 2 0 155
2021 155 5 3 153

Additional Details

How much does a Just Between Friends franchise owner make?

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

Just Between Friends discloses financials at the unit level. In other words, they show how much Just Between Friends franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Just Between Friends franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Just Between Friends. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Just Between Friends owners were making.

Visit the Just Between Friends metrics tab to explore the financials for this business.

What is the Just Between Friends franchise fee?

Owning a Just Between Friends franchise requires 3% - 5% royalty fee and 1% - 3% 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 Just Between Friends Franchise Disclosure Document

Keep in mind, there is also an initial Just Between Friends franchise fee of $17,900 that is included in the initial investment amount of $42,644 to $134,921. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Just Between Friends franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Just Between Friends franchise fee of $17,900.

Visit the Just Between Friends 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 Just Between Friends founded?

Just Between Friends started offering franchises in 2003. Just Between Friends was founded 19 years ago in 2003.

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 Just Between Friends locations are in the U.S.?

As of 2022, there were 153 locations across the U.S. There are also 5 corporate locations. Most Retail Products and Services franchises like Just Between Friends have more franchised locations than corporate locations.

How many Just Between Friends franchises opened over the past few years?

Over the prior 3 years we have data for, Just Between Friends has opened 21 outlets throughout the U.S. Visit the Just Between Friends metrics tab to explore how the openings compare to other Retail Products and Services franchises.

How many Just Between Friends franchises closed over the past few years?

Over the prior 3 years we have data for, Just Between Friends has closed 7 outlets throughout the U.S

Visit the Just Between Friends metrics tab to explore how the openings compare to other Retail Products and Services franchises.

Is Just Between Friends growing? Are they opening more locations than they are closing?

The net unit growth rate for Just Between Friends over the past 3 years is 2%. Over the last year we have data for, Just Between Friends had a net unit growth rate of -1%.

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

Is Just Between Friends franchise eligible for an SBA Loan?

Just Between Friends is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Just Between Friends franchise was assigned the SBA Franchise ID of S0920 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Just Between Friends 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 Just Between Friends a franchise in the United States?

According to the SBA, Just Between Friends 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 Just Between Friends provides you with an FDD if you are in discussion to buy a Just Between Friends.

What is the Just Between Friends Franchise for Sale Rate?

The Just Between Friends systemwide health and franchisee satisfaction can be measured by the Just Between Friendsfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Just Between Friends franchise for sale rate over the past 3 years is 30%. Over the last year we have data for, Just Between Friends had a franchise for sale rate of 14%.

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

What is the Just Between Friends Franchise Failure Rate?

Just Between Friends 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!

Just Between Friends failure rate over the past 3 years is 5%. Over the last year we have data for, Just Between Friends had a franchise failure rate of 2%.

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

How can I find out more details on Just Between Friends franchise?

Visit the Just Between Friends 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

Just Between Friends

$88,783

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Just Between Friends

3% - 5%

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.

Just Between Friends

$30,300

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

Other

SBA Identifier

S0920

Year of Founding

2003

Fees

Marketing Fee

1% - 3%

Royalty Fee

3% - 5%

Franchise Fee

$17,900-$42,700

Investment Range

$43K-$135K

Location units

Total U.S. Locations

158

U.S. Franchised Units

153

U.S. Corporate Units

5

Headquarters (City)

Tulsa

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2003

Issuance of FDD Data

04/15/2022

Detailed Franchise metrics for Just Between Friends

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Just Between Friends 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

Just Between Friends

-2%

2%

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

Just Between Friends

NA

30%

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

Just Between Friends

NA

5%

Industry median

All franchises median

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Business details

Company Name

http://www.jbfsale.com/

Business email

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

Mailing address

7633 E 63rd Pl , Suite 300

State headquarters

Oklahoma

Owner Name

Just Between Friends

Phone

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

City

Tulsa

Zip code

74133
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