How much does a HobbyTown & HobbyTown USA franchise cost?
- Initial Franchise Fee: $20,000
- Total Investment: $161,000 to $330,000
- Working Capital: $11,400 to $19,700
- Royalty Fee: 3.0%
Full Answer
Who owns HobbyTown USA?
Thom Walla Thomas A. Walla, co-founder of HobbyTown and CEO of HobbyTown Unlimited, Inc. located in Lincoln, Nebraska.
How do you get a Hobby Lobby franchise?
Can I buy a Hobby Lobby franchise? Thanks for your interest! All Hobby Lobby stores are privately held. We do not sell franchises.
How much is a Michaels franchise?
Facts & FiguresLiquid capital required$100,000Net worth required$100,000Investment$242,100 - $428,050Franchise fee$30,000Units in operation2
What religion is the owner of Hobby Lobby?
The chain has 969 stores in 47 states. A Christian-owned company, Hobby Lobby incorporates American conservative values and Christian media.
Where does Hobby Lobby buy their merchandise?
Hobby Lobby imports billions of dollars of products from China. Don't take my word for it. Walk into its stores and turn its items over and you'll clearly see: "Made In China."
Does Hobby Lobby Price Match Michaels?
Hobby Lobby will price match items from the Michaels or JOANN ad. Even though Hobby Lobby doesn't play ball with competitor coupons, they will give you a direct competitor's price on exact same items. So, if you just enjoy shopping at Hobby Lobby over Michaels or JOANN, you can still get the lowest price.
How many hours is full time at Hobby Lobby?
forty hoursEmployees are considered full time by working forty hours per week. Full time is more like a status than an actual requirement.
Do Hobby Lobby employees get a discount?
Since you and your family love to shop in our stores, we offer a 15% off discount to all employees!
Welcome to HobbyTown!
If you’re looking for a new business venture or a fresh change of pace, HobbyTown presents lots of opportunities full of adventure and the hobbies you love. With the help of our expert staff at HobbyTown HQ and our forward-thinking retail strategies, you can make the leap into your own HobbyTown franchise with confidence.
Where Day Job Becomes Dream Job
Ready to build your own business and legacy with support from our passionate franchise owners and experienced corporate team? HobbyTown—the largest retail brand in the hobby industry—is excited to chase your dreams with you.
How much does a HobbyTown & HobbyTown USA franchise make?
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors . Unlock this franchise for franchise-specific data and insight.
How many franchise locations do they have?
As of the 2018 Franchise Disclosure Document, there are 119 franchised HobbyTown & HobbyTown USA locations in the USA.
When did they begin franchising?
They began franchising in 1985 . The average Recreation franchise began franchising in 2006.
What is Hobbytown U S A ranked on the Franchise 500 list?
Hobbytown U S A Ranks #215 On Franchise 500 List#N#The management at HobbyTown USA is pleased to announce that they have been ranked #215 on Entrepreneurs' list of the top 500 Franchises. About HobbyTown USA: HobbyTown USA has a unique variety of products that will satisfy the entire family. The store will specialize in toys; radio control cars...
Is Hobbytown USA a successful franchise?
The HobbyTown USA team has developed a business plan that has proven successful over the last twenty years. When you sign up as a HobbyTown USA franchise owner, we give you operational training from our expert staff, provide you with services that would not be cost-effective as an independent business owner and offer national brand recognition with the HobbyTown USA name.
Company Overview
Merlin P. Hayes and his wife launched a hobby shop in Lincoln, Nebraska, in the 1970s. Through this store, Hayes met Thomas Walla, and together they bought out a competing store, Hobby Town, in 1980. From that one store HobbyTown USA was born. The company began franchising in 1986.
Information for Franchisees
Here’s what you need to know if you’re interested in opening a HobbyTown 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.
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Franchise 500 Ranking History
Compare where HobbyTown landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where HobbyTown ranked on other franchise lists? Find out below.
