HobbyTown
Cherry Franchise Broker
Total investment:
$ 161,000
Franchise fee:
$ 20,000
Royalty fee:
3%
Marketing fee:
$ 2%
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1969
Franchise since: 1986
Company owned units:
Franchise owned units: 138
Total number of units:
Number of employees per unit: 4
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEThe company stores sell games, toys, remote control cars and planes, train sets, rockets and models. The HobbyTown was founded in 1985 in Lincoln, Nebraska by Merlin Hayes, Mary Hayes and Thom Walla. It also provides franchise opportunities. As of 2018, HobbyTown owns and operates 138 franchises in US.
On-The-Job Training: 131 hours
Classroom Training: 32 hours
Net-worth Requirement: $250,000
Liquid Cash Requirement: $48,510 – $104,775
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Languages: 
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