DirectBuy Franchise
Friday, April 30, 2010 at 12:55AM Consumer buying club
James L. Gagan founded UCC TotalHome in 1971 and began franchising the following year. Based in Merrillville, Indiana, the private company has over 90 locations throughout North America.
DirectBuy began with a vision. It was a vision of liberating consumers from the high cost of retail buying; of allowing consumers to buy goods for their homes at manufacturer direct prices plus freight, handling and sales tax; of restoring to families the opportunity to buy the things they need and want at prices they could afford.
That was over three decades ago. Today, the vision has materialized into an exceptional opportunity for DirectBuy franchise owners. We provide a proven, replicable system that allows them to realize the results and rewards of their business quickly.
DirectBuy is the largest, most successful business of its kind in North America. For homeowners, remodelers and families in general, our centers are a very significant channel of alternative purchasing in North America.
Start-up Costs & Franchises Fees
What is the total cost to open a DirectBuy Franchises?
Total Cost: $147,000 USD -$259,000 USD
Total Franchise Fees: $30,000 USD -$55,000 USD
Ongoing Royalty Fees: 22%
Ongoing Advertising Fees:
Term of Agreement: 12 years
Contact Information for DirectBuy
|
DirectBuy Inc. |
Phone Number: (219)736-1100 |
DirectBuy In the Press
No results at this time.Historical Expansion
In what year did DirectBuy begin operations? 1971
When did DirectBuy begin selling franchises? 1972
Year United States Canada International Corporate 2005 96 20 0 3 2004 74 18 0 4 2003 65 17 0 6 2002 63 17 0 9 2001 55 15 0 13
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Countries of Interest: Canada,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee Yes Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No No Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): SBA-approved lenders & outside leasing companies
Training & Support
Training
At regional meetings
Support
In the Pressletter, Meetings, Internet referrals, Field support and site evaluation
Marketing
Cooperative advertising, Ad slicks, National media
Franchise Operation Restrictions
1% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 9 - 12
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Sales & marketing experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes