Contents Just Between Friends Consignment Sales Event Franchise...................................................1 What is a Just Between Friends Franchise?...........................................................................4 The Just Between Friends Story.............................................................................................7 Just Between Friends in the News........................................................................................10 Why Consignment?...............................................................................................................12 How Big is the Industry?........................................................................................................15 Who Are Our Customers?.....................................................................................................18 What Are My Startup Costs?.................................................................................................21 Can I Scale a Just Between Friends Franchise?..................................................................23 Want to Own Multiple Just Between Friends Sales Events? Now you Can! ....................... 25 What Training and Support Do We Offer?.............................................................................28 How Do We Define Territories?.............................................................................................31 A Day In The Life...................................................................................................................34 JBF On Demand....................................................................................................................37 What Do Franchisees Say?...................................................................................................40 Just Between Friends is about Giving Back..........................................................................42 Meet the Management Team.................................................................................................45 FAQ.......................................................................................................................................50 Next Steps.............................................................................................................................52 jbfsalefranchise.com Just Between Friends Consignment Sales Event Franchise Just Between Friends is the dominant brand in the rapidly growing consignment sales event industry Just Between Friends is the leading pop-up consignment sales event franchise in North America. In this age of thrift, discount and bargain shopping are no longer stigmatized. As a result of the Great Recession and online shopping, consumers are more savvy than ever — and they expect every dollar to go further. Our franchise owners collect sellable items from consignors and hold at least two large consignment events a year. People seeking bargains purchase the items, and the franchise owner makes a percentage of every item sold. It’s a great win for all parties — consignors can earn money back on unused baby clothes and gear, maternity items, and kids clothes in great condition, as well as children’s toys and games, and parents, grandparents, and guardians can purchase amazing items at a fraction of the retail price, saving hundreds of dollars on an entire seasonal wardrobe. The franchisee earns a nice margin by providing a truly valuable service to the local community. And donated, unsold items go to local charities that help families in need. Investment in a Just Between Friends franchise starts at $14,900, making it very affordable. Franchisees can opt for a single territory and hold a minimum of two events a year, which makes for an easy-to-manage, flexible business. Single-unit franchises are excellent for anyone looking for supplemental to full-time income, from the stay-at-home parents who want to generate more income to the mom who wants to reenter the workforce—or even someone currently working and looking for a way to own his/her own business. Want to run a full-time and higher-revenue business? You can 1 purchase more than one territory and have as many events a year as you can handle, creating a full-time business with employees. Humble beginnings From our beginnings in a Tulsa living room in 1997, the Just Between Friends brand has grown to 150 franchises in the U.S. and Canada. By helping families buy and sell their children’s outgrown clothing, maternity and baby gear, children’s games and toys, and much, much more, we became a nationally recognized brand and have been featured on a wide variety of national media outlets, such as the Today show and Good Morning America. Our franchise model is unique in that there is a low investment to join, and our franchisees can choose between a significant and supplemental, part-time income or a franchise as a full-time career. Every year, our Just Between Friends franchisees host hundreds of events. With every franchisee we welcome into our network, we know our franchisees are, in turn, helping parents dramatically improve their lives by saving money buying things for those they love the most: their children. It boils down to our mission statement, which has remained the same since our first-ever sales in event in 1997: “To glorify God by bringing communities and families together in a welcoming, friendly venue that allows them to care for children and be good stewards of what they have been given.” “Just Between Friends has taken off in such a way because our brand actually helps families of all kinds save money,” says Shannon Wilburn, co-founder and CEO of Just Between Friends. “Our franchisees feel empowered because they are making a huge impact on their communities. The more events our franchisees can host, the bigger the impact they can have.” 2 What are the financial qualifications to buy a Just Between Friends franchise? Just Between Friends’ initial entry fees are minimal compared with other retail franchises. Our franchise system works to suit the needs and schedules of our franchise owners. With the minimum requirement of two sales per year, our system can either be a substantial supplemental income with flexible involvement or it can become a full-time career path. The full financial details are listed below: • U.S. Franchises — $14,900 USD • Canadian Franchises — $16,900 USD • Royalties are between 3% of gross sales, less the sales tax • Both fees and royalties are much less than the average franchise fee of $35,000 and average royalties of 6%-8% of gross sales. In addition to the franchise fees listed above, we estimate you will need $18,000-$22,000 in capital for materials to launch your first event. The word is spreading fast about Just Between Friends Good news travels fast, but when the news is helping families save money, the word seems to travel even faster! Our brand has been featured in a wide variety of national medi a outlets, including the Today show, Good Morning America, CBS Early Show, Fox News, CNN, Inside Edition — just to name a few — and hundreds of local publications across the nation. The reason behind the media’s love affair with the brand and our tremendous growth is the inherent benefits of our concept. Just Between Friends affords parents and caretakers an opportunity to save and earn money by buying and selling their children’s outgrown clothing and toys. jbfsalefranchise.com “One of the most exciting aspects of our brand is just how many people discover us through word of mouth,” Shannon says. “In the communities where Just Between Friends hosts events, we create an enormous amount of buzz because people love to tell their friends about this great opportunity to save money!” How big is the Just Between Friends opportunity? Americans spend an enormous amount of money clothing and providing for their children. According to a study published by North Dakota State University, Americans spend 3.8% of their household income on clothing. Money, an online resource dedicated to analyzing American spending trends, figured that Americans with an average annual income of $50,000 spend about $2,000 on clothing. For those with children, this number is almost entirely devoted to their clothing. A joint study conducted by Parenting and Women and Co. pointed out that 90% of parents spend more on their children’s clothing than their own, especially in the month leading up to the school year. The ever-present need for children’s clothing, as well as the benefit of appealing to parents on a budget, is why we’ve been able to grow from $2,000 in our first sale in Shannon’s Tulsa living room in 1997 to $29.1 million in revenue last year! Our ability to meet the demand for families to buy and sell their children’s clothing and gear has made us one of the hottest franchise systems in the country. This year, we were included in Entrepreneur magazine’s prestigious Franchise 500 list, and Forbes included us in its list of Top Five Franchises in the $150,000 and under investment category. “I think our brand succeeds because of what we offer to the communities where we are,” Shannon says. “There is a high level of altruism among our franchisees across the board. We constantly hear from our franchisees, and they get teary-eyed over how their events better their communities by helping people clothe their children with dignity.” 3 What is a Just Between Friends Franchise? Consignment sales event franchise offers low investment and a potentially high return Just Between Friends Consignment is the leading pop-up consignment sales event franchise in North America. We got started in a Tulsa living room in 1997, and our brand has grown to more than 150 franchises who host hundreds of Just Between Friends events every year — in 30 states in the U.S. and in one city in Canada. By helping parents buy and sell their children’s outgrown clothing and items, we have become a nationally recognized brand that is continuing to grow like wildfire across the country. Our franchise model is unique in that while there is a low investment to join, our franchisees can choose between making a significant and supplemental, part-time income or owning a Just Between Friends franchise as a full-time career. If you’ve never heard of pop-up consignment sales, you may be surprised to learn that these temporary, two- or three-day events have become extremely popular and fashionable mainstream businesses. In this age of thrift, 4 discount and bargain shopping are no longer stigmatized, but embraced. As a result of the Great Recession and online shopping, consumers are more savvy than ever, and they expect their dollar to go further. Just Between Friends has mastered the ultimate treasure hunt for bargain-hunting parents — a sales event that allows them a chance to buy an entire wardrobe for their children at a fraction of the price they would pay for new items. Low investment, high potential return It is relatively easy to become a Just Between Friends consignment franchise owner. The initial investment is affordable, and our franchise business model requires a minimum of two sales per year. While some of our franchisees are stay-at-home parents who want to make additional money for their families, others own multiple territories and are running the business as a full-time career with employees. The beauty jbfsalefranchise.com of our model is it suits the lifestyles of our owners, and they have a choice about how big they want their businesses to grow. According to Thredup: The online clothing resale industry is a $34 billion opportunity, created by the quantity of unworn clothing and accessories in American closets and the rate at which people add to their wardrobes every year. The ongoing costs are also low. The events are run by our franchisees and staffed primarily by team members, many of whom are consignors who are earning more money on their item sales by working events. This means that the main investment the franchisees have to make is renting a venue large enough to serve their sale population. “I wanted to find a way where God could use me,” says Bridget Jones, owner of Just Between Friends franchises in Georgetown and Round Rock, Texas. “My husband and I always looked for something, and JBF was a perfect fit for us. Yes, it’s a business, and we are trying to make money for our family—but it’s not about us; it’s about the community, it’s about the people and the kids that come in and the consignors’ checks. I get to put those checks in the mail and bless so many families, and that’s what it is about for us.” JBF caters to an untapped market Americans spend 3.8% of their household income on clothing, according to a study conducted by North Dakota University. This study determines that the number varies drastically across income levels, and those who earn more, spend more. However, Money, an online resource dedicated to analyzing American spending trends, found Americans with an average annual income of $50,000 spend about $2,000 on clothing per year. A study conducted by Parenting and Women and Co. pointed out that 90% of parents spend more on their children’s clothing than their own, especially leading into the school year, which is when many JBF sales events take place. Like the clothes and toys and equipment we resell, the Just Between Friends’ target demographic is constantly being renewed. According to Babycenter, a publication that studies American parenting trends, there are 4 million babies born each year in the United States. All those new parents will have to find resourceful and affordable ways to clothe their children as they grow rapidly. Enter Just Between Friends: We serve families with children ages 0-12. At one of our events, a parent can get an entire wardrobe for his/her children at a fraction of the price those clothes would cost new. In addition to clothing, we also help families save money on maternity and baby gear, children’s games and toys, and much, much more. Since Just Between Friends is appealing to a younger demographic, it makes sense that we are meeting young parents where they are—online! We provide all our franchisees an opportunity for a second revenue stream with Just Between Friends On Demand, an online sales event allowing shoppers and consignors to buy and sell their items right away. “We do not take for granted the good that comes from each sales event or the trust our families place in our commitment to hold safe, family-supportive events, season after season,” Shannon Wilburn says. “We believe in being good stewards of our resources—taking care of each other and reaching out a hand to those who need it, as we all do at one time or another.” We are the only brand in our industry with a product and safety specialist In a need-based market with a built-in demographic of millions, there is bound to be significant competition. However, we offer something other children’s consignment sales franchise systems don’t, and it’s what our customers value most—child safety. 5 Every year hundreds of children’s items are recalled due to being unsafe. While our competition passes the full responsibility of keeping their customers’ children safe on to their franchise owners, Just Between Friends is the only brand that employs a full-time product safety specialist. Kami Snowbarger, Director of Product Communications and Safety & Recall Specialist with Just Between Friends, is well known in the safety industry and has a great working relationship with the National Consumer Product Safety Commission and other national safety organizations. She is regarded as an expert in the secondhand safety realm and is featured locally and nationally for that expertise. “A good example as to why product safety is important would be if a woman is expecting a baby, she is going to try and get everything she needs,” Kami says. “If this woman needs a car seat, she may go to a consignment sale, or she may check on Craigslist to save money. She will 6 not know that the items are safe. We appeal to our customers because they know when they attend a Just Between Friends sales event, everything on sale is safe for them to buy for their children.” Kami is especially active in training franchisees and their team members about children’s recalls and safety practices and is available to franchisees during their events to answer questions. She is a valuable asset to our franchise system, not only because no other brand can offer our expertise, but because without a product and recall specialist on staff to monitor what items are being sold, no other brand in the secondhand pop-up consignment marketplace can claim that the items being sold are safe to purchase. Our franchise owners and our growing base of customers around the nation know that when they enter in one of our sales events, they are buying and selling items that are safe for them to take home. jbfsalefranchise.com The Just Between Friends Story How a young mother went from helping families in her community to building a brand helping families across the country Sometimes the most extraordinary opportunities are right under your nose. For Shannon Wilburn, CEO and co-founder of Just Between Friends, the light bulb went off when she realized that her children were growing out of clothing almost as fast as she was buying it. Might other mothers be interested in buying the beautiful, lightly used clothing items that sadly were just being stored in her children’s closets? This thought, as Shannon would soon find out, was going to change her life. Recent studies have focused on Americans’ spending habits when it comes to children’s clothing. What they’ve found plays a significant part in our business. Parents spend 3.8% of their annual income on clothing, according to a study performed by North Dakota State University. This is not a standard percentage among people of all income levels, however. Money discovered that Americans with an annual $50,000 income spend around $2,000 on clothing. In essence, these studies demonstrate parents’ demand for children’s clothing. We know that most parents, 90%, spend more on their children’s clothing than their own, from the results of a joint study by Parenting and Women and Co. With such a huge market, Shannon and another like-minded mother, Daven Tackett, decided to put on a consignment sale in Shannon’s living room in Tulsa. They invited other local mothers to buy and sell the clothes their children seldom wore. “We called the event Just Between Friends,” Shannon says. “Because we really thought that this was going to be a little event between friends. We just wanted to make a little extra 7 money for our families.” The very first Just Between Friends sales event in Shannon’s living room grossed $2,000. The incredible success of this small sale inspired Shannon and Daven to think bigger. If they found a larger venue, Just Between Friends could host two events a year and serve the entire Tulsa metropolitan community. “We had no idea it was going to become the community event that it is,” Shannon said. “The Tulsa sale now grosses almost $1 million annually!” Just Between Friends breaks into the mainstream Shannon believed that if Just Between Friends consignment sales events were a hit in Tulsa, then the concept could work anywhere. The company opened their doors to franchising in 2003. “I never thought that I could be a businesswoman,” Shannon says. “Other people went into business. I was a mother and a wife, and I loved my life. My husband is a pastor, and when we decided to go forward with franchising, we prayed about it. I went out and bought the book Franchising for Dummies, and I read it cover to cover. We wanted to start with 10 franchisees, and that’s what we did. It was an immediate proof-of-concept.” Now the company hosts hundreds of events 8 per year around the country and has franchises in 27 states, as well as one franchise in Canada. Last year, the company grossed $29.1 million, which is a tremendous leap from that $2,000 event in Shannon’s living room. Just Between Friends is a concept that benefits everyone, which drives the brand’s popularity across the country and earns publicity from national and local media. “I’ve literally saved my family thousands of dollars by not having to buy my children new clothes,” Shannon said. “In fact, I didn’t have to buy my children new clothes until they were in middle school. The success of our brand is built around saving families with young children money. In good times and bad, we all can use a little extra money in the bank.” Future of Just Between Friends is getting brighter every year Because of our brand’s inherent appeal to families with young children, our customers have the potential to remain with us for years. We sell items for children ages 0-12. According to an internal survey to determine how many families we help, we discovered that Just Between Friends sales events serve nearly 700,000 families nationwide. In this age of thrift, the stigma of shopping for lightly used items is quickly vanishing. According to a survey conducted by thredUP, a leading consignment jbfsalefranchise.com website, almost 9 out of 10 parents would clothe their children in secondhand attire. What’s more, half of the Millennials surveyed believe that buying clothing secondhand supports an ecofriendly lifestyle. We believe that as well, and our Just Between Friends sales events are entirely stocked with recycled items, keeping our children in the latest fashion and keeping the earth green while we do it! One reason Just Between Friends is growing around the country, with plans to grow internationally, is that our franchise model suits the lifestyles of our owners. Just Between Friends can be a supplemental income or a full-time career. While many of our owners are young parents and grandparents who earn a healthy additional income by hosting the minimum of two sales events per year, other franchisees own multiple territories and are the main breadwinners in their families. Ongoing costs are also low because the events run by our franchisees are staffed primarily by team members—some of whom are consignors who earn more money on their sales by working the events. Some of our franchise owners choose to use employees to staff their sales events, while other owners choose to use a blend of employees and consignors. This means that the main investment the franchisees make is in renting a venue large enough to serve their communities’ sale population. “Our model allows our franchisees to be present in their children’s lives and contribute to the well-being of their communities,” Shannon said. Because our core demographic is composed of young parents who are used to shopping online, our brand has expanded into scaling the consignment sale online. Now our 150 franchisees have the opportunity for a second revenue stream with JBF On Demand, an online sales event that allows shoppers and consignors to buy and sell items right away. The potential market for this segment of our business is vast, and because our franchisees buy items for the online sale at a greatly reduced price, the profit margins for the franchisees increase substantially. “This is an empowering business,” Shannon says. “It definitely empowered me. The majority of our franchisees are women, and I’d like to think that we have empowered them. I think our concept works because it feels good to help young parents buy their children beautiful clothes without breaking the bank. Our franchises are definitely making an impact in their communities, and that is what we’re all about.” 9 Just Between Friends in the News The media has a love affair with the leading pop-up consignment franchise been grabbing the national spotlight with From the very beginning Just Between Friends has had a compelling story to tell. In 1997, a young mother in Tulsa hosted a consignment sale in her living room hoping she’d make some extra income by selling her growing children’s lightly used clothing and baby items. In 2017, that mother is the CEO of the leading pop-up consignment sale franchise in North America, and our brand has helped hundreds of thousands of families save millions of dollars on children’s clothes, maternity and baby gear, children’s toys and much, much more. Our easy and beneficial concept has already 10 appearances on Fox News, the Today show, Good Morning America, CNN, and Inside Edition and mentions in national and local publishing media across the country. No one can turn down a feel-good story on thousands of families making and saving money while clothing their children, or keeping them entertained with lightly used children’s games and toys that we sell at our events. jbfsalefranchise.com The media’s love for Just Between Friends helps us grow There has never been a better time to join Just Between Friends We’ve been able to strike a chord with the media because we strike a chord with our core demographic. Just Between Friends serves families with children from infancy to middle school. Considering how expensive it is to meet the clothing and entertainment needs of children, our customers need us for at least a decade. According to Babycenter, a publication that studies American parenting trends, there are 4 million babies born every year in the United States. Therefore, our target customer base is increasing every day! With more than 150 franchisees in 30 states in the U.S., plus one in Canada, we host hundreds of pop-up consignment sales events every year. Our temporary presence in cities and towns nationwide tends to get us media coverage as an event—something short-term that is exciting because it only lasts a few days and happens just twice a year. As an example, in March and April of 2016, Just Between Friends was covered in the media more than 250 times across the nation, an astonishing level of press for any brand. The press, along with our demographic, helps keep Just Between Friends an evergreen brand. There’s no better way to make money than knowing you’re contributing to the betterment of those around you. Just Between Friends requires an affordable initial investment with an agreement to hold a minimum of two sales events per year. Overhead is also low because your events can be staffed by team members, some of whom are consignors who get paid more on the items they sell by working the event. Some of our franchise owners choose to use employees to staff their sales events, as well. Renting a venue that easily accommodates shoppers is another part of the investment, but we help you find the ideal location. Because the Just Between Friends’ franchise model suits the lifestyles of parents, grandparents, or anyone with a passion for their communities by being flexible and scalable, it is no wonder that the brand continues to expand its reach around the country and has plans to grow internationally. We grow our brand by saving families money. There’s never a wrong time to keep money in the bank. 11 Why Consignment? Low initial investment and a minimum of two sales per year, our model allows our franchisees to make a big impact in a short amount of time initial investment and a minimum of two sales Just Between Friends is the leading pop-up consignment sales event franchise in North America. If you’ve never heard of a pop-up consignment sale, you might be surprised at how popular they have become. We live in the age of thrift, where discount and bargain shopping is no longer stigmatized and helping the environment is super-“in.” As a result of the Great Recession and online shopping, consumers are more savvy than ever, and they expect every dollar to go further. While making money is important, it is even more important to feel good about how we make our money. Just Between Friends is the epitome of Conscious Capitalism—giving franchisees a way to make money while helping support their communities. With an affordable 12 events per year, Just Between Friends can either supplement a family’s income or become a full-time career. The ongoing costs are also low because the events run by our franchisees are staffed by team members, some of whom are consignors who earn more money on their sales by working the events. Some of our franchise owners choose to use employees to staff their events, while others use a blended staff of consignors and employees. This means that the main investment the franchisees have to make is in renting a venue large enough to serve their communities’ sale population. How our events work Once the papers are signed—and you are no longer just dreaming about presiding over your jbfsalefranchise.com own pop-up consignment sale—the reality of putting on that three-day-plus sale will present itself. Don’t worry. We will be right there with you through the entire process of helping you through your first event. You will be trained by Just Between Friends franchise owners who have successfully staged and operated consignment sales in their territories. These Just Between Friends all-stars will walk you through everything you need to know about running your first sale during a 40-hour period of hands-on training. In addition to the extensive training, we will help you take care of the hardest aspect of the business: finding a suitable venue for your popup consignment sale event. Leading up to the sale, owners will spend 8-10 weeks gathering gently used children’s clothing, maternity and baby gear, children’s games and toys and various equipment, finding the consignors, and building a staff. Our model is successful because consignors who help out at the event get a bigger percentage of their items’ profit, and are incentivized to become team members. “I do six events a year, and that is manageable for me as a mother,” says Laura Staggs, owner of three Just Between Friends franchises in Colorado. “The beautiful thing about my job is that I can take my kids to school, go to their after-school activities, and spend the rest of my time setting price lists. You don’t have to be a mom; anyone can own a Just Between Friends franchise. We have men and women who own franchises. The minimum requirement is one sale in spring or late summer, and one sale in the fall. Owners can choose to have as many events as they would like.” While some want to keep their franchise activity small, other franchisees run the business full-time and own multiple territories. Again, the beauty of the model is that your reward is entirely up to you. You can choose to do the minimum of two sales events per year and potentially earn a nice supplemental income for your family, or like Laura, you can do multiple events per year, scale your business, and take on multiple territories to have as large a business as you would like to manage. What are the financial qualifications to buy a Just Between Friends franchise? Our initial entry fees are minimal compared with other retail franchises. Our franchise system works to suit the needs and schedules of our franchise owners. With the minimum requirement of two sales per year, our system can either be a substantial supplemental income with a flexible 13 schedule or it can become a full-time career path. The financial details are listed opposite: • U.S. Franchises – $14,900 USD • Canadian Franchises – $16,900 USD • Royalties are between 3% of gross sales, less the sales tax • Both the fees and royalties are much less than the average franchise fee of $35,000 with average royalties of 6%-8% of gross sales. 14 In addition to the franchise fees listed above, we estimate you will need $18,000 to $22,000 for jbfsalefranchise.com materials to launch your first event. How Big is the Industry? Just Between Friends serves an evergreen demographic of families with young children, all of whom According to a study published by North Dakota State University, Americans spend 3.8% of their spend an enormous amount of household income on clothing. This number, of money on their children course, varies drastically across income levels. Americans spend an enormous amount of money on clothing their children! However, because of the tremendous size of the market, and with so many people contributing to its value, it is hard to pin down the exact dollar amount. This isn’t for lack of trying either: Institutions like universities, publications of all kinds, think tanks, and the retail industry itself consistently and continually issue studies analyzing just how much money parents are spending on their children. What we do know for certain is that clothing and equipping children can be expensive. However, Money, an online resource dedicated to analyzing American’s spending trends, found that Americans with an average annual income of $50,000 spend about $2,000 on clothing a year. For those with children, this number is almost entirely devoted to clothing their children, as a joint study conducted by Parenting and Women and Co. pointed out that 90% of parents spend more on their children’s clothing than their own, especially leading up to the school year. The same study revealed that the average American spends $114 on children’s clothing in the months leading up to school year, which 15 does not include toys, baby equipment and gear. That number also does not include the amount of money parents are spending on their children the rest of the year! Our growth reflects the size of the industry and what families want most: a little help from Just Between Friends What started as a one-day sale grossing $2,000 in Shannon Wilburn’s (CEO and cofounder of Just Between Friends) living room in Tulsa has become a nationally recognized brand. Just Between Friends has 150 franchisees in 29 states, who host hundreds of events in the United States, as well as one city in Canada. We’re proud to report that in 2016, our brand grossed $29.1 million. Our growth is a result of several factors. Just Between Friends serves families who have children from infancy to middle school— so our customers are likely to stay with us for several years. According to thredUP, a leading online shop that sells lightly used women and children’s clothing, 86% of parents would dress their children in secondhand clothing, and half of Millennial parents believe that buying secondhand clothing is an eco-friendly way to shop. Being that Millennials make up our core 16 demographic, Just Between Friends is on the cutting edge of how and why people are going to shop for children’s clothing and equipment going forward. “We are looking for people who want to give back,” Shannon says of the qualities that make for successful Just Between Friends franchise owners. “We are looking for families who care about their community. This is a business— yes—we want our franchise owners to treat it like a business, and we want them to make money. But that’s not the first and foremost thing that should be important to them. We want our owners to really feel passionate about their communities. I tell applicants that if you can’t scream from the rooftops that they are a Just Between Friends owner you better find someone who can do that for you. We want our franchisees to be proud to own a Just Between Friends and not be nervous about sharing that with their community—to tell them why they need to come to a sales event and how they will save 50%-90% off items they will find at the event.” You control how large your Just Between Friends franchise becomes The Just Between Friends franchise model offers uniquely flexible options to suit the lives of our jbfsalefranchise.com franchisees, and it is as flexible and as scalable as our franchisees would like. This model suits the lifestyles of young parents or grandparents who desire a supplemental income, and it also is perfect for business people who want to make Just Between Friends a full-time career. We only require that our franchisees host a minimum of two sales events annually per territory. Compared with other franchise systems, our initial investment is minimal and will vary depending on whether you’re buying one or more territories. The ongoing costs are also low, as the events run by our franchisees are staffed by team members, some of whom are consignors who earn more money on their items for sale by working the events. Some of our franchise owners use employees to staff their sales events, while other owners use a blend of consignors and employees. The main investment the franchisees have to make is in renting a venue large enough to serve their communities’ sale population. “When my wife and I first visited a Just Between Friends sales event, we had an epiphany,” says Kris Kimmell, owner of a Just Between Friends franchise in the Houston 17 metropolitan area of Texas. “We walked around the sale and saw how organized it was and how many people were there. We thought, ‘We can do this.’ It really was love at first sight.” Who Are Our Customers? Just Between Friends draws mothers, fathers, grandparents, and anyone who has children to love and care for It’s no wonder that Just Between Friends has managed to find so much success in attracting a growing base of parents to our hundreds of pop-up consignment events every year. We’re living in the age of thrift, where bargain shopping has become mainstream and hunting for discounts is a sign of a savvy consumer. For parents, our core group of customers, the high costs associated with raising a child necessitates that their dollars go further than ever before. Our internal data reveals that folks of all income levels are actively engaged in bargain shopping to clothe their children. Just Between Friends serves families with 18 children from infancy to middle school, which means our customers could stay with us for a decade or more! And the Just Between Friends’ demographic is constantly growing, in large part because the stigma around shopping for gently worn secondhand clothing and lightly used toys and games has all but disappeared. The popularity of our sales events is a testament to this. According to a recent study of our customer base, we determined that our events help nearly 900,000 families across the nation. We are in the enviable position of appealing to younger demographics Many companies break the bank trying to stay relevant and appeal to a younger demographic. We naturally appeal to that demographic. In fact, we recently conducted an internal study to find out just who our customers are. This is what we jbfsalefranchise.com found: From recent participant survey data we have found that almost 80% of Just Between Friends customers are ages 26-40, with 99% being female. The majority of those customers are moms of younger children, with 78% having children ages 3 and younger and 70% having 1 to 3 children. We also found that our pop-up consignment sale events benefit people from diverse financial and employment backgrounds. While economic background make-up varies, we found the average maximum household income of our customers is $80,000 with 55% of those working outside the home. 68% of those are employed full time and 32% work part-time. 80% of our customer base is Caucasian and 10% are Hispanic with the final 10% being of other ethnicity. Our customers also know how to spend money wisely. They spend a lot of it at our sales as more than 30% of our customers spend more than $100 per sale. 40% spend anywhere from $50 to $100 per sale. And when it comes to annual holiday shopping, a resounding 85% responded that they would shop second hand. A growing segment of our customer base is grandparents who are raising their children’s children. According to AARP’s publication devoted to senior citizens’ issues, there are more than 5.8 million children living in homes owned by the grandparents, and of that number, there are 2.5 million grandparents who have taken on the responsibility of raising the children. With an average income of a little over $60,000 with both grandparents in the household, according to research conducted by the Ohio Department of Aging, it is no wonder that more and more grandparents are coming to our events. In any economy, good and bad, thousands of grandparents and parents alike are learning about the money-saving joys of being thrifty. “It’s been an opportunity to afford my family flexibility,” says Kelly Hardy, owner of Just Between Friends franchise locations in Newark, Delaware, and Glen Mills, Pennsylvania. “I had worked a corporate job for over 20 years, but JBF gives me the opportunity to spend more time with my kids; I put them on the bus and get them off every day. I always wanted to own my business, and Just Between Friends has given me that opportunity.” We are meeting our demographic where they are: online For parents, word of a Just Between Friends pop-up consignment event coming to town is great news. Your sale will give parents a chance to buy an entire wardrobe or fleet of toys for their 19 children at 50%-90% off retail. And because our brand is in the enviable position of appealing to Millennials, it makes sense that Just Between Friends is meeting young parents where they are: online! The brand is giving its 150 franchisees an opportunity for a second revenue stream with Just Between Friends On Demand, an online-only sales event that allows shoppers and consignors to buy and sell their items right away. “JBF has given me the flexibility to be a mom and also to have my own business,” says Yendi Pang, owner of a Just Between Friends 20 jbfsalefranchise.com franchise in Vancouver, Canada. “For those looking at a socially responsible company, that is what JBF is. You can do part-time and still be a mom to your kids—JBF definitely offers that.” What Are My Startup Costs? Just Between Friends is a lowinvestment, work-from-home franchise *The results of each franchisee are likely to differ, but one franchisee talks about her experience with multiple territories. Entrepreneurs researching ownership of a work-from-home franchise rightly look for which business opportunity presents the best potential for long-term success. We’re proud to announce, for the third year in a row, that Just Between Friends was listed in the Top 10 list of “Best Franchise to Buy in 2016,” by Forbes, which measured five years of our continued growth when determining our ranking. The reason why we rank so highly is in large part due to what our continued growth over the last five years symbolizes in the marketplace: the Just Between Friends work-from-home franchise has plenty of room to grow, as consumers all across the nation prove that the age of thrifty shopping is here to stay. The great benefit of owning a Just Between Friends consignment sales event franchise is the savings you will pass on to your customers, many of whom will be parents starting families and grandparents who want to dote on their grandchildren. Your own investment in a Just Between Friends franchise will be affordable, with a relatively quick ramp-up time and tons of support to ensure that your sales events are successful. The beauty of our model is that your business can be as large or as small as you would like to manage. While some of our work-from-home franchise owners are stay-at-home parents who own one territory, many own multiple territories. Our minimum requirement is that you host two sales annually per territory. We encourage our owners to host as many events as they’d like, and with the advent of our online platform, JBF On Demand, owners can host a permanent consignment sale online—often with a larger financial reward. 21 Below, you will see the Item 7 Startup costs that are listed in our Franchise Disclosure Agreement. The costs listed below reflect startup and operating costs for the first 12 months you are in business — but they don’t reflect the amount of money you need to possess to become a franchisee. 1 Unit 22 2 Units 3 Units Initial Franchise Fee: $14,900 $27,900 $39,900 Initial Equipment $4,000 - $6,700 $4,000 - $6,700 $4,000 - $6,700 Initial Inventory $2,500 $5,000 $7,500 Storage $0 - $375 $375 - 750 $750 - $1,125 Pre-Opening Labor $700 - $1,000 $1,400 - $2,000 $2,100 - $3,000 Estimated Travel & Expenses during training and site visit $1,800 - $2,800 $1,800 - $2,800 $1,800 - $2,800 Technology Update $1,500 $3,000 $4,500 Building Lease $900 - $3,750 $1,800 - $7,500 $2,700 - $11,250 Business Registration & Tax Permits $800 - $$1,000 $800 - $2,000 $800 - $3,000 Insurance $500 - $1,000 $500 - $2,000 $500 - $3,000 Advertising $2,380 - $3,730 $4,760 - $7,460 $7,410 - $11,190 Additional Funds for period from Signing agreement to first sale $2,500 - $5,550 $2,500 - $11,00 $2,500 - $16,500 jbfsalefranchise.com JBFDesignOnline.com (optional) TOTAL: $0 - $400 $32,774 - $45,449 Can I Scale a Just Between Friends Franchise? How big your Just Between Friends franchise business becomes is up to you With an affordable initial investment and a minimum of two sales events per year, Just Between Friends can either supplement a family’s income or become a full-time career. For Shannon Carter, a multi-unit franchise owner in Northern California who helps our corporate staff with technology information project management, it didn’t take long to become profitable. “My husband was initially cautious about investing the money into this business, but after $0 - $400 $54,423 - $79,098 $0 - $400 $74,072 - $110,747 the first event he was sold,” she says. “It’s so worth it, what we’re doing to help people.” One of the reasons our brand has been able to grow like wildfire across the country is that our franchisees can shape their businesses to suit their needs. Some use their pop-up consignment events for supplemental income, while other franchisees run their businesses as a full-time career, playing host to multiple events per year. “I used to work full-time outside the home, and this opportunity with JBF allows me to refocus,” says Shannon Carter. Your community has been waiting for you to start a Just Between Friends franchise We are living in the age of thrift, where discount and bargain shopping are no longer stigmatized, but embraced. As a result of the Great Recession and online shopping, consumers are savvier than ever before and expect their dollar to go further. Just Between Friends has 23 mastered the ultimate treasure hunt—a pop up consignment sale that allows parents a chance to buy an entire wardrobe for their children at a fraction of the price they would pay for new items. “The concept really resonates with people, it’s not a tough sell, people make money and save money by attending our sales events,” says Tracy Panase, who owns three Just Between Sales franchises in Pennsylvania. “When I started JBF six years ago, we were the first sale in the state of our kind in the state, which helped us get a jump on the competition. It was a nobrainer in partnering with JBF because in being a national organization they were more organized and had better technology, which helps us to remain competitive. I think that it’s fair to say that our customers don’t look at us a business – they see us helping charities and helping families. We really are able to build a community around our events.” More are becoming Just Between Franchise customers every day Just Between Friends serves families with children from infancy to middle school — 24 meaning our customers could stay with us for a decade or more! Due to the growing popularity of secondhand shopping and consumers’ desire to lead eco-friendly lifestyles, the Just Between Friends demographic is growing rapidly without any sign of slowing. According to an internal survey, our events serve nearly 800,000 customers nationwide, a number that is likely to grow as we add to our footprint in North America and the public becomes more aware jbfsalefranchise.com Want to Own Multiple JBF Sales Events? Now You Can! The fastest growing consignment sales franchise is offering a flexible, full-time career path through multi-unit ownership Are you an entrepreneur who dreams of owning your your own business that can fulfill your desire to work in a field in which you’re truly you’re passionate, yet at the same time, have a career that won’t take you away from your your family? With Just Between Friends now offering multi-unit franchise ownership options, this dream is yours for the taking. What started as a one-day sale grossing $2,000 in Shannon Wilburn’s (CEO and cofounder of Just Between Friends) living room in Tulsa has become the leading children’s and maternity consignment franchise in the North America – largely because our proven business model doesn’t just benefit our franchisees but entire communities. By offering multi-unit franchise opportunities, the JBF brand will not only provide a full-time, flexible career-path for entrepreneurs, but also will reach many more families who will benefit from buying and selling their lightly-used children’s clothing, games and toys at our future sales events. “The Just Between Friends concept is inherently beneficial,” Shannon says. “Our franchisees are predominantly mothers, fathers 25 and grandparents who wanted to earn a little extra money for their families and help out their communities at the same time. When several franchisees became enormously successful, they asked us if they could purchase another territory. Now, of our 150 franchises, 60 are owned by Just Between Friends owners who host events in more than one territory. As a result of their success, we decided to offer multiple franchises from the start, so that entrepreneurs with giving hearts can have a full-time career path from the start.” Why owning multiple Just Between Friends sales events is a best-bet investment The proof of the business model and success of our brand is evident in our rapid expansion across North America: We now have 150+ franchises who host hundreds of Just Between Friends events every year — in 30 states in the U.S. and in one city in Canada. We’re proud to report that in 2016, our system wide sales topped $29.1 million. Just Between Friends serves families with children from infancy to middle school — meaning our customers could stay with us for 26 a decade or more! Due to the ever increasing popularity of secondhand shopping and consumers’ desire to lead eco-friendly lifestyles, the Just Between Friends demographic is growing rapidly without any sign of slowing. Our events currently serve nearly 900,000 customers, a number that is likely to grow as we add to our footprint in North America and the public becomes more aware of our consignment concept. “The concept really resonates with people,” says Tracy Panase, who owns three Just Between Friends sales franchises in Pennsylvania. “It’s not a tough sell. People make money and save money by attending our sales events. I think that it’s fair to say that our customers don’t look at us as a business. They see us as a community builder – helping charities and helping families.” jbfsalefranchise.com How big is the Just Between Friends opportunity? In this age of thrift, discount and bargain shopping are no longer stigmatized. As a result of the Great Recession and online shopping, consumers are savvier than ever — and they expect every dollar to go further. According to US News, having a child is a major commitment – a commitment that requires spending a significant amount of money. The U.S. Department of Agriculture estimates parents with a baby born in 2015 will spend an average of $245,340 to raise the child to age 18. There is no denying that children are expensive, but Just Between Friends is here to show that parents don’t have to spend almost a quarter of a million dollars to raise a baby to adulthood. The ever present need for children’s clothing, as well as the benefit of appealing to parents on a budget, is why we’ve been able to grow from $2,000 in our first sale in Shannon’s Tulsa living room in 1997 to $29.1 million in system wide sales in 2016. Our ability to meet the demand for families to buy and sell their children’s items has made us one of the hottest franchise systems in the country. This year, as in previous years, we were included in Entrepreneur magazine’s prestigious Franchise 500 list; and, for the last three years, Forbes included us in its list of Top Ten Franchises! In 2016, we were included in CNBC’s list of Top Ten Low Cost Franchises. “There’s a ton of opportunity to own multiple Just Between Friends territories,” says Cathy Williams, Director of Franchise Development with Just Between Friends. “Even as we’ve dramatically grown to over 150 franchises since we opened our doors to the concept in 2003, there are still several major metropolitan areas in both the United States and Canada that could support multiple Just Between Friends events per year. For example, New England, New York City, Miami, Atlanta, Las Vegas, Los Angeles and Toronto are markets where we would be a hit! Owning multiple territories still affords our franchisees the opportunity to be a present mother or father, while also taking pride in the fact that this is a full-time job. This is a business custom made for passionate people who love bargains and love helping their communities even more.” Costs and Fees of owning multiple JBF consignment sales events Compared with other franchise systems, our initial investment is minimal and will vary depending on whether you’re buying two or three territories. The ongoing costs are also low, as the events run by our franchisees are staffed entirely by volunteers working as consignors. The only investment the franchisees have to make is in renting a venue large enough to serve their communities’ sale population. Here are the costs and fees associated with owning two or three Just Between Sales events: • • • • • Two territories: We require that entrepreneurs have a net worth of at least $50,000. Three territories: We require that entrepreneurs have a net worth of at least $75,000. In both cases, the liquidity from your territories will be the franchise fee. In both cases, we require that owners (or one co-owner) live within at least 60 miles of the territory. In both cases, we require a minimum of at least two annual events per territory. 27 of our consignment platform: JBF On Demand. Babycenter, a publication that studies American parenting trends, says 4 million babies are born every year in the United States—our target market is increasing every day. Another reason for our phenomenal success is the attention we receive from national media: Just Between Friends has been featured on the Today show, Good Morning America, Fox News, CNN, and Inside Edition, just to name a few, as well as in hundreds of local publications across the nation. What Training and Support Do We Offer? Just Between Friends franchise owners receive training and support that goes far and above what our competition offers Just Between Friends is spreading like wildfire across the United States and Canada because our franchise owners go above and beyond to make their pop-up consignment sale events successful. When we opened our doors to franchising in 2003, we knew we would also 28 have to go above and beyond with our training of franchise owners. The Just Between Friends concept is a proven business model. This business is rewarding for the franchisee who holds the event, and it is highly beneficial for parents who need to make every dollar stretch. Our faithbased franchise dramatically changes the lives of its franchisees and its customers. The Just Between Friends franchise model is ideal—with a low initial investment, your business can either supplement your income or become a full-time career. “Our training is completely hands-on,” says Dawn Pfannensteil, Training and Support Manager with Just Between Friends. “Once we onboard a new franchisee, they are given a wealth of material to review. We train our owners in every aspect of their business, from jbfsalefranchise.com advertising in your community, to utilizing social media, to designing their website, to the point of sale system, to how to set up and tear down a sales event. We have weekly calls with our owners until after they complete their first event, so that we can guide them through the process. We are with them every step of the way.” Our support staffers are also franchise owners Once the papers are signed and you are no longer just dreaming about presiding over your own pop-up consignment sale, the reality of putting on a three-day plus sale will present itself. Don’t worry. We will help you through the entire process of staging and running your first event. You will be trained by Just Between Friends franchise owners who have staged and operated several financially rewarding consignment sales in their territories. These allstars will walk you through everything you need to know about staging your first sale during an in-person, 40-hour training session, as well as almost 20 hours of on-site training at one of our approved events. Once you launch you’ll be in the hands of experienced JBF franchise owners who also handle some field support. For instance, Shawna Wilfert has been a JBF Owner since 2007 and as JBF’s Emerging Franchisee Coach, Shawna works with new franchisees to help on board them during their first year as JBF franchisees. She helps you develop best practices with the goal of creating and executing successful consignment events to set the stage for your promising career as a JBF franchise owner. “I love getting to be a cheerleader for new franchisees and I’m only a phone call or a text away,” says Shawna, who has also worked closely with franchisees as an on-call trainer. Shawna owns two prosperous JBF franchises, one of which was the very first JBF franchise in Arizona, so she knows first hand what it is like to successfully launch a sale from the ground up in brand new territory. Shawna spends a large portion of her time on the phone each week personally coaching new franchisees, helping them grow their business and prosper. “…how awesome it was to have a coach helping me to prepare for my first event. Having gone thru the process this way, I can’t even fathom how new owners did it without a coach. It was genius to create this role and add it to your staff.” says Sue Endle, Woodbury MN owner. Shawna says the supportive atmosphere at JBF is just one of the many reasons it is a great business to own. “From our CEO on down it is a very family oriented atmosphere. Our corporate staff is amazing. There is someone always available for you. Someone is always on call. If you are in the middle of your sale at 11 at night, there is someone there to answer your call if you are stuck or need assistance. The owners at JBF are always willing to share information and at our yearly conference in January we come together and do continuing training and sharing of ideas which is predominantly owner led. JBF really is a family environment.” She looks forward to 29 coaching each new group of franchisees that joins the JBF family. “I’m a little biased, but the support that Just Between Friends offers our new franchisees is tremendous,” says Laura Staggs, the Lead Trainer for Just Between Friends and a successful owner of a Just Between Friends franchise in Colorado. “We go through the beginning of running a sale to the end of the running a sale.” Prior to purchasing your JBF Franchise, you will be asked to do venue research in your territory. We want to make sure that you are set up for success before you make your initial investment. Before you even begin planning your first sale, we will ask that you attend a Just Between Friends sales event in a location convenient for you. You will shadow the owner and get a feel for how a successful pop-up sales event should run. At our classroom training, you will get a great grasp of our brand, see how to run a successful sales event, obtain our marketing materials, learn about customer service and how to implement our marketing in your territory. You may also have the opportunity to meet our Emerging Franchisee Coach and some of our great trainers and begin a relationship with them that could turn into a mentorship. “We also have a yearly conference where we bring in industry experts,” Dawn says. “It’s a great way for owners to learn about a number of different topics that can help them in their businesses. This also gives our owners a chance to talk shop and learn from each other. Our owners are a very tight-knit community and are very open with each other if they are utilizing practices that are enabling them to be successful.” Our training and support staff guides every new owner through the process of hosting their first sales event, ensuring that a new owner is using the practices and methods learned during their training. Again, no need to worry! We guide 30 you through process of finding a terrific venue for your first event, which is a process that begins before you partner with us in order to ensure that a Just Between Friends franchise can be a viable business in your area. “Once the franchisee completes their first sale, the Emerging Franchisee Coach discusses post sale best practices, strengths, weaknesses, opportunities and challenges from the event and helps develop a plan to implement for a successful second event and onward. Just Between Friends also offers 24/7 On-Call Support where our owners can call for any reason.” How your community will help make you successful For parents, word of a Just Between Friends pop-up consignment event coming to town is great news. Your sale will give those parents a chance to buy an entire wardrobe or fleet of toys for their children at a fraction of the price they would pay for new items. As a result of our beneficial business model, news of your sale will generate a lot of buzz among local parents, and local media are always hungry for a feel-good story. “One of the most exciting aspects of our brand is just how many people discover us through word of mouth,” says Shannon Wilburn, CEO and co-founder of Just Between Friends. “In the communities where Just Between Friends hosts events, we create an enormous amount of buzz because people love to tell their friends about any opportunity to save money!” In addition to your community loving the fact that you’ve arrived, you will also be able to reap the benefits of your second community: Just Between Friends franchise owners who are active on social media—ready and willing to help. “Owners have a private Facebook group that is very active,” Laura says. “We are always jbfsalefranchise.com bouncing ideas off each other, asking each other what is working and what isn’t. We are a tight-knit group.” In short, we are here for you every step of the way. Your success in your territory will benefit not only your community but the entire Just Between Friends brand. How Do We Define Territories? Just Between Friends franchise owners are successful because we do an exhaustive amount of research Location is everything in business, but it’s especially important when you’re in the pop-up consignment business. We want our franchise owners to be a hit in their communities, not only because we want financially successful events, but because we want to help as many families as we can purchase their children’s clothing, toys and gear at a fraction of what it would cost new. After launching 150 franchises in 30 states in the U.S., as well as one city in Canada, we’ve developed a rigorous metric for developing territories to ensure that our franchisees are successful. This is how we do it: Our territories are typically comprised of areas that have a minimum population of 100,000, with at least 25%-40% of the area population fitting in with the core Just Between Friends demographic: families with children ages 0-10. In addition to our population requirements, we also look at other information such as the average household income to ensure that a new Just Between Friends franchise is being placed in areas where our owners are likely to be 31 successful. Because the success of every Just Between Friends franchise location is dependent on our owners being involved and engaged members of their community, we require that at least one owner (if the ownership of the franchise is split between two parties) live within 30 miles of the territory in which the event will be held. For Shannon Carter, a multi-unit franchise owner in northern California who also helps our corporate staff with information technology project management, the thrill of helping her community inspired her to take on more territories. “I’m a mother of six kids; seeing the sale in my area was a big deal to me,” Shannon says. “I started with just one event, and we had so much fun in running our first sale that within six months 32 we bought another one. I didn’t know what to expect when I went into this business, but I knew that I was helping so many people, in addition to myself. As an owner, I get to shop first, and having six kids to shop for, it’s like paradise to have everything I could ever want for my family right there — for pennies on the dollar. My husband was initially cautious about investing the money into this business, but after the first event he was sold. It’s so worth it as to what we’re doing to help people.” We will hold your hand through the entire process of planning your first sale Once the papers are signed, and you are no longer just dreaming about presiding over your jbfsalefranchise.com own pop-up consignment sale, the reality of putting on a three-day plus sale will present itself. Don’t worry. We will help you through the entire process of staging your first event. You will be trained by Just Between Friends franchise owners who have staged and operated several financially rewarding consignment sales in their territories. These all-stars will walk you through everything you need to know about staging your first sale during an in-person, 40-hour training session and almost 20 hours of on-site training at one of our approved events as well as 10+ hours of online pre-training before you even show up for the in-person training. We are very pleased to share that our newest staff member, Shawna Wilfert, a top achieving franchise owner herself, has joined the JBF staff 33 and will meet on a weekly or bi-monthly basis with new owners through their first year of ownership. We have found that these one on one meetings provide the perfect avenue for new franchisees to be in business for themselves, but not BY themselves. Shawna’s caring spirit and “can do” attitude are the perfect combination for mentoring and coaching new franchise owners to see significant success right out of the gate. “Our training program is above and beyond what our competition offers,” says Dianne Davis, Executive Team member for Just Between Friends. “We have a full-time corporate staff who are there to help you every step of the way. Our corporate training is conducted by top-achieving Just Between Friends franchise owners who are out there doing what you’ll be doing every day.” A Day In The Life How a mother of four became one of the most successful Just Between Friends franchise owners Kelly Robie, one of our most successful Just Between Friends franchise owners, expects 34 2,000 people to attend her Just Between Friends sales event in Monroeville, Pennsylvania, a large suburb of Pittsburgh. The doors are set to open in a half hour, and she’s been in the venue since dawn to attend to the final details. As she’s walking down the aisles, checking the racks of clothing one last time, ensuring everything is as it should be, she has a funny thought: “I wonder if the snow last night will prevent anyone from coming. Snow in March? That’s Pittsburgh.” A staffer rushes up to Kelly with news that will drive all of her fears away; there is a line of people from the door to the end of the parking lot, shivering, waiting to get in. This is going to be a busy, busy day. Kelly runs the one of the largest Just Between Friends sales event in the JBF system of franchisees. That sale is held in the fall in a giant sports arena in Pittsburgh. Today’s sale is much smaller and is in Kelly’s second territory. This is only the third time that Kelly has staged a sale in this venue, but she’s already had to expand, doubling the amount of space she’s rented for the event. As far as the eye can see, there are racks of children’s clothing, clearly identified by gender and age, there are mountains of children’s shoes, and the entire back room is packed with children’s toys, games, furniture, lighting fixtures, baby equipment, bedding, and bicycles. “I love Just Between Friends because of how flexible it is,” Kelly says. “Even with a 7-weekold, I was able to pull off this event because I was able to work around my schedule.” The hottest ticket in town is a JBF jbfsalefranchise.com Franchise event When Just Between Friends was featured on the Today show, co-host Matt Lauer called us the hottest ticket in town. When the doors open to Kelly’s sales event, it is easy to see why. The crowd of young mothers, fathers, and grandparents pushing strollers is literally sprinting to the racks of clothing. What was minutes ago a silent room is now filled with the excited din of shoppers. The energy is palpable, and for good reason—these shoppers are purchasing their children’s wardrobes and toys at a fraction of what they would cost new. Across the street there is a Babies R Us with an empty parking lot. If anyone knows how expensive buying children’s clothing is without the help of Just Between Friends, it’s Kelly. As a mother of four young children, Kelly was a consignor for two years with Just Between Friends before a former owner of the Pittsburgh-North territory approached her with an offer to purchase the franchise. “I was a stay-at-home mom, and I was enjoying being at home,” Kelly says. “I was excited, though, by the prospect of doing something outside the home. My husband works full-time and travels often for his job. It was great to have something to keep me busy when he was away.” Kelly’s success didn’t surprise her; she worked relentlessly to launch her business. She went to preschools and daycare centers in her area, and she succeeded in not only establishing relationships but in generating the kind of wordof-mouth buzz that other businesses only dream of. “You really have to become a part of your community,” she says. “People respond to positivity. We are also lucky to have the Just Between Friends corporate team because they develop our marketing materials, which we customize as we see fit. It really helps a lot.” If you’re successful, we’re successful Just Between Friends is spreading like wildfire across the United States and Canada as a direct result of our franchise owners going above and beyond to make their pop-up consignment sales 35 events successful. When we opened our doors to franchising in 2003, we knew that we would also have to go above and beyond in terms of how well and how much our franchise owners are trained. A Just Between Friends franchise offers a flexible business model that can either be supplemental income or a full-time career with multi-unit development. The initial investment is affordable, and the ongoing costs are low. “Our success is up to us, as owners,” Kelly says. “But we get a ton of support from the corporate office. If I have a question, I can reach out to them at any time. They are extremely helpful and encouraging. The owners also are very well connected to each other. We have a Facebook group that is very active. We are 36 jbfsalefranchise.com always picking each others’ brains for ideas.” Kelly has a lot to be proud of, but she’s not about to rest on her laurels. Her success has been so significant that she’s working on building a life where her husband can quit his day job and join her full-time in the business. “I really love Just Between Friends,” she says. “When I was looking into this business, I was just a mom. This experience has helped me grow as a person. I love being able to help my community. with young children. In fact, Matt Lauer of the I love helping families save money and make Today show called us “the hottest ticket in town” money with clothing items they no longer need. for this very reason. With JBF On Demand, our If you’re looking into a pop-up consignment franchisees will have an additional way to earn business, I recommend Just Between Friends. I a significant second revenue stream by selling might be biased, but I think they’re the best.” more items at their events. Perhaps the biggest benefit of JBF On Demand is that our franchisees can earn an even higher dollar amount for every item Just Between Friends owners sold:“With JBF On Demand, we buy items for garage-sale prices,” says Laura Staggs, can earn a significant second owner of a Just Between Friends franchises revenue stream by selling more in Colorado. “Because we buy them for great rates from families in our territory, as franchise items at their events owners, we can earn a higher profit when we Just Between Friends, the biggest pop-up sell those items at our events. For example, a consignment sale franchise in the nation, is Gymboree jumper that would normally go for $50 known far and wide for the life-changing amount full price can be bought by us for $2-$4 and then of savings that our sales pass on to families sold again for $20. It provides a great additional JBF On Demand 37 revenue stream for our business, while still providing a great savings to our customers.” Meeting our customers wherever they are So many companies break the bank to stay relevant and appeal to a younger demographic. Because our business is entirely devoted to helping families save money on buying clothing, toys, and baby equipment for their children, we naturally appeal to that younger demographic. We recently conducted an internal study to find out just who our customers are. This is what we found: Almost 80% of our customers are younger than 40, with almost 25% between 20 and 29 and more than 55% between the ages of 30 and 39. Almost 28% of our customers have household incomes ranging from $50,000 to $74,999, 21% of our customers have incomes ranging from $50,000 to $100,000, and 19% have household incomes ranging from $25,000 to $49,999. Our customers know how to spend money wisely, and they spend a lot of it at our 38 sales, 32% of those surveyed spend anywhere from $101 to $200 per sale. “Our goal is to meet the needs of customers, our consignors, and our communities,” Laura says. “Our goal is to serve our community by going to those who may not have the time to consign at our events and purchase their clothing, toys, and baby equipment right on the spot. This is immediate satisfaction for the customer; item gone and money in hand. We cannot keep up with people contacting us to come buy their items. What’s nice about JBF On Demand is that you can buy items at very low prices from the community and make so much more in profit at your events.” Why we’re successful For parents and grandparents with young children to care for, word of a Just Between Friends pop-up consignment event coming to town is great news. Your sale will give them a chance to buy an entire wardrobe or fleet of toys for their children at a fraction of the price they would pay for new items. Just Between Friends jbfsalefranchise.com serves families with children from infancy to middle school—meaning that our customers could be with us for a decade or more! Not many companies can boast an everexpanding core demographic, but 4 million babies are born in the United States every year, according to Parenting, an online resource that analyzes parenting trends. With that many babies being born, our franchise owners can rest assured that many more families will discover just how much they can save by shopping at Just Between Friends pop-up consignment sales events for years to come. 39 Just Between Friends now has 150 franchisees in 30 states in the United States, as well as one city in Canada, who host hundreds of events in hundreds of places in the United States and Canada every single year. With JBF On Demand, the families who have come to rely on our pop-up consignment sales events to buy their children’s wardrobes can purchase items as they need them. “The majority of customers who shop at my events are young mothers who are extremely internetsavvy,” Laura says. “They are already doing a great deal of shopping from home, and they love the opportunity to buy from me at any time they like. They can’t get discounts like this anywhere else.” What Do Franchisees Say? Just Between Friends franchise owners talk about what they love about the business Just Between Friends franchise, the biggest popup consignment sale business in the nation, is known far and wide for the life-changing amount of savings that our sales pass on to families with young children. Our faith-based franchise dramatically changes the lives of its franchisees and its customers. With an affordable initial investment and a minimum of two sales events per year, Just Between Friends can be either a supplemental income or a full-time career. The ongoing costs are also low, as the events run by our franchisees are staffed primarily by team members—some of whom are consignors who earn more money on their sales by working the events. Some of franchise owners choose to use employees to staff their sales events, while other owners choose to use a blend of employees and consignors. This means the main investment the franchisees have to make is in renting a venue large enough to serve their communities’ population of families with young children. Our owners are our best asset. They are ambassadors not only for our brand but for 40 families in their communities. Here is what they have to say about why they chose Just Between Friends, and how partnering with us changed their lives and improved their communities: Before I did JBF, I thought I had a dream job,” says Deborah Freeman, a Just Between Friends franchise owner in Douglas County, Colorado. “I worked for National Geographic doing documentaries. Now, truly, this my dream job—hands down. I get to serve moms and be at home with my kids.” “When my wife and I first visited a Just Between Friends sales event, we had an ‘aha’ moment,” says Kris Kimmell, owner of a Just Between Friends franchise in the Houston metropolitan area of Texas. “We walked around the sale and saw how organized it was and how many people were there—we thought, ‘We can do this.’ It really was love at first sight.” “Collectively, as a franchise, we can pool our money together and have fantastic technology,” says Jennifer Hundley, owner of a Just Between Friends franchise in North Bay, California. “I realized that I can do this better with a Just Between Friends franchise. I researched the competition, and I realized they don’t have much of a presence. I’m not hearing the praises from the owners, and I’m not hearing the praises from the customers. If I want to have this amazing website, or if I want to do some new marketing plan, or if I want to brainstorm with other owners, I can call the corporate office and feel comfortable discussing it with them. The collective mind is invaluable.” “I had never shopped at a sale before, but I fell in love with the company instantly,” says Kelly Hardy, owner of a Just Between Friends franchise in Glen Mills, Pennsylvania, and Newark, Delaware. “The support we get from corporate is great. If I call Shannon (CEO and jbfsalefranchise.com 41 and co-founder of Just Between Friends), she picks up the phone. I don’t know how many other franchise owners in other companies can say that.” “I really love Just Between Friends,” says Kelly Robie, owner of two Just Between Friends franchises in Pittsburgh, Pennsylvania. “When I was looking into this business, I was just a mom. This experience has helped me grow as a person. I love being able to help my community. I love helping families save money and make money with clothing items they no longer need. If you’re looking into a pop-up consignment business, I financial success comes from taking care of their recommend Just Between Friends. I might be own communities – those people they care about biased, but I think they’re the best.” the most. Our business model is based on altruism: by helping more than 700,000 families nationwide save money on buying children’s clothing, games, toys, maternity and baby gear, we have become the leading pop-up consignment franchise in North America. Families who come to our events save anywhere from 50%-90% over retail, the costs of raising a child are minimized, and the savings are felt immediately. “One of the most amazing things that How the pop-up consignment our owners are able to do is empower the sale franchise goes above and community,” says Dawn Pfannensteil, Training and Support Manager with Just Between beyond helping families save Friends. “We’re able to bring recognition to our money nationwide nonprofits, we’re able to help them with their The reason the co-founder and CEO of Just mission. We give families in the community an Between Friends wants to partner with people outlet to make more money for their families, to who aren’t afraid to shout about the brand from help with that bottom line, and to help with that the rooftops is because this pop-up consignment budget. There’s nothing more empowering than sale franchise is about so much more than mailing those consignment checks because making money. We want our owners to be you know the benefit and the positives of what financially successful, and we have found that those families will do with that money. These families can now afford to go on vacation, or they can put the money toward bills. To know that you were able to put all of that together—it’s amazing. We get shoppers all the time who say, ‘I could not clothe my children without you.’ So, for me, as the Training and Support Manager, for me to give the tools to new owners coming in so that they may empower their community, it’s unbelievable.” Just Between Friends is about Giving Back Our owners have big hearts All JBF owners care about their communities. 42 jbfsalefranchise.com So it’s an easy next step that when our owners set up their sales events, they partner with a local nonprofit. We see our role in the community as an essential part in fulfilling our company’s mission: “To glorify God by bringing communities and families together in a welcoming, friendly venue that allows them to care for children and be good stewards of what they have been given.” We’re a faith-based business, and for us that faith comes first. “I wanted to find a way where God could use me,” says Bridget Jones, owner of Just Between Friends franchises in Georgetown and Round Rock, Texas. “My husband and I always looked for something, and JBF was a perfect fit for us. Yes, it’s a business and we are trying to make money for our family—but it’s not about us. It’s about the community, it’s about the people and the kids that come in and the consignors’ checks. I get to put those checks in the mail and bless so many families, and that’s what it is about for us.” A nonprofit is brought in to benefit from every one of our sales events, and our owners and their team members donate items and goods to local organizations that help local women, children, and families. We serve groups that provide clothing closets, crisis centers, transitional emergency care, food banks, and many other wonderful services. Over the years, we have been able to give back more than $15 million in cash and in-kind donations to dozens of nonprofits nationwide. The amount of money and donated items we are able to give back will only grow as we expand our footprint in North America. An example of the tremendous amount of donated items we are able to extend to nonprofits is made evident by this thank-you letter from Eastside Baby Corner, one of our nonprofit partners near Seattle, Washington: “I just want to extend a very heartfelt *thank you* to you and all the consignors you encourage to support Eastside Baby Corner! The MOUNTAIN of donations we hauled away from Pickering Barn last night is a much-needed boost to our inventory. We’re creating 20 to 25 infant layettes every week, and we’re desperate for 0to 9-month size clothing. I can hardly wait to start sorting through the donations! Your consignors can take pride knowing that their contributions will be quickly distributed to children in need. Thank you, thank you, thank you!” 43 We want to help you help your community We do not take for granted the good that comes from each sales event or the trust our families place in our commitment to hold safe, familysupportive events, season after season. We are dedicated to our communities because we are a part of them. We are moms, dads, aunts, 44 uncles, and grandparents who are invested in making our small parts of the world a better place. We are bargain lovers, of course, but beyond that, we believe in being good stewards of our resources—taking care of each other and jbfsalefranchise.com reaching out a hand to those who need it – as we all do at one time or another. “As a JBF owner, you’re required to run the event, which gives the added benefit of having a visible continued presence in your community,” says Tracy Panase, owner of three Just Between Friends franchises in Pennsylvania. “Our customers grow to know and trust us because they don’t see us a business, but as an arm into the community. We work really hard to partner with local nonprofits, charities and local faith-based organizations, and so our customers have a sense that we really are giving back because they know that our donations are going to stay and help the community and benefit a local need.” Meet the Management Team Our dynamic corporate team has the skill set to help make your Just Between Friends franchise a hit in your community SHANNON WILBURN, CEO & CO-FOUNDER Just Between Friends’ CEO Shannon Wilburn co-founded the company back in 1997 as one of two moms in Tulsa, Oklahoma, who wanted to save money on children’s items while dressing their kids in the latest and greatest fashions. Together with her co-founder, Daven Tackett, she held a sale in her living room (complete with kitchen drawers for cash registers) that grossed slightly over $2,000. And she was thrilled! Since then, the concept has grown—as has its reach— as now you can find JBF sales events across the country! But the road to success hasn’t always been easy. In fact, growth has often brought many challenges and obstacles to overcome. That’s nothing new to Shannon. When her father went from oil company CFO to using a wheelchair and being unemployed, 12-year-old Shannon began to learn what it meant to live on a tight budget. Little did she know her newfound need for consignment shopping would later turn into a career that would help hundreds of thousands across the country. Now, she is able to help families make it through, too— and she still shops consignment, not because she has to, but because she loves saving money! Now, she continues to oversee operations and work with her staff to support franchisees as they grow their businesses. Shannon also speaks across the country, encouraging those who would follow in her footsteps to work hard and dream big—because you never know what amazing things will happen! She enjoys spending time with her two children and husband of 25 years. TIFFANY DAVIS, DIRECTOR OF FINANCE AND HR 45 Tiffany’s daily responsibilities include keeping all things with numbers squared away and the budget in line. Often found buried in spreadsheets full of columns of numbers, Tiffany oversees the financial aspects of the company. Tiffany was born in Waterloo, Iowa, but raised in Broken Arrow, Oklahoma. She moved to Kansas for two years during her college years, then to Alva, Oklahoma, for two years—only to return to her beloved current hometown of Broken Arrow with her husband, David. Tiffany and David have three children under the age of 7, so they stay busy! Tiffany loves to coach youth fast-pitch softball and has had the privilege of coaching some of Oklahoma’s finest softball players for the past 12 years. She also loves spending time with her family, cooking out, and watching Sooner football. After living so much of her life in landlocked Oklahoma, her dream is to retire to an exotic island. Aloha! LAURA STAGGS, FRANCHISEE CARE COORDINATOR Laura provides one-on-one support—answering questions for JBF owners and making sure they have what they need to effectively run their sales events. With more than 14 years of experience running her own JBF events, Laura has the moxie and real-life experience owners need—specializing in communication and public relations. For 11 years Laura taught fourth grade and special education while also growing her JBF business. She hung up her teaching hat in 2009 to work on her JBF businesses exclusively. She stays busy running seven events each year while pursuing her first love—being a full-time 46 mom to her two boys. When Laura is not busy helping franchisees or running one of her sales events, you can find her hanging with her hubby and kids, playing softball, or enjoying the beauty of life—watching the big horizon skies from her favorite spot on the front porch. And her hidden talents? Laura throws a mean curveball and can whip up an amazing tortilla soup! DAWN PFANNENSTIEL, TRAINING AND SUPPORT MANAGER Dawn coordinates training for new Just Between Friends Franchise Owners, as well as providing ongoing training and support for all JBF franchise owners—giving them the tools they need to effectively run their sales events. You typically can find Dawn on her phone offering technical expertise in the various JBF systems or leaping tall buildings to respond quickly to owner e-mails. During her spare time she roots on the Colts, even though she has been transplanted to the Tulsa area. At her home headquarters, she keeps the wheels on the family bus moving with her husband, two kids, and two cats. They are a sports-loving family that somehow keeps tabs on seven fantasy football teams while running the jbfsalefranchise.com kids to their various activities. When the SUV is not in chauffeur mode, Dawn enjoys working out, finding and sharing great deals with friends and family, and sneaking a few minutes of relaxation through hunting down great apps to add to her phone (because you can never have too many fabulous apps!). Her mysterious background includes time in minor league sports, signlanguage interpretation, human resources, and recruiting for a Big 5 accounting firm—until she found her true love for life, Just Between Friends. KAMI SNOWBARGER, DIRECTOR OF PRODUCT COMMUNICATION, SAFETY & RECALL SPECIALIST Kami works with JBF to keep our sales as safe as possible. She is highly involved in the child product safety industry, working with the Consumer Product Safety Commission to make sure our franchise owners and shoppers have the latest information on safety recalls and ever-changing product safety guidelines. Her vast knowledge of product recalls and attention to detail led to her current position; she is passionate about keeping children safe. Kami is an Oklahoma native who has lived in Jenks most of her life. Kami’s home is always bustling with the energy that comes from fun-filled with time spent with her husband and two amazing kids. She loves to spend her evenings unwinding by stalking Pinterest, scrolling Instagram, and surfing Facebook. ERIN PATRICK, FRANCHISE ADMINISTRATOR Erin’s core responsibilities include administrative support of new and established franchise owners, along with overseeing additional administrative areas of Just Between Friends. She keeps things running smoothly by processing paperwork, answering questions, and connecting franchise owners with other Just Between Friends support systems. Born and raised in the Far East (Pittsburgh, Pennsylvania), Erin came to Oklahoma in 1983 to attend Bible School and never left. After working in politics for several years, Erin developed a love for working closely with the local community and a knack for helping sort through complex issues by building bridges to reach common ground. She and her husband have raised six (yes, six!) kids and enjoy spending time with their five immensely talented grandchildren. When she’s not assisting Just Between Friends franchise owners or doing life with family and friends, you will find Erin enjoying her vegetable and herb garden, writing her award-winning blog, or snapping pics that capture her unique take on life in the fast lane. 47 SHAWNA WILFERT, EMERGING FRANCHISEE COACH Shawna Wilfert has been a JBF Owner since 2007, running the Top Achieving Midland/ Odessa, Texas and Tucson Arizona events. She and her Dad, Danny, are the only father/daughter owner team in the franchise system. Those who participate in her sales love their family friendly environment and top-notch customer service. Shawna has grown her team building mindset and can-do coaching spirit through years of working in the world of sports at the University of Arizona, the National Senior Olympics and the NCAA. As JBF’s Emerging Franchisee Coach, Shawna will be working with new franchisees to help on board them during their first year as JBF franchisees. She will work with them to develop best practices with the goal of creating and executing successful consignment events to set the stage for their promising careers as JBF franchise owners. When not working on JBF, she is busy raising her two daughters and following college sports, as she is a huge fan. She LOVES cheering on her Arizona Wildcats. ANGELA LEWALLEN, ADMINISTRATIVE ASSISTANT Angela handles just about any and every kind of project imaginable for corporate team support. On any given day, Angela handles many tasks within the corporate office—from running the JBF company store to exporting documentation to various franchisees across the nation. If something administratively needs to get done in the office, Angela is your girl! Angela was born in Oklahoma and graduated from East Central High School. She has been married to the love of her life, Jason, since 1998. They have four sons and one beautiful granddaughter who 48 keep them on their toes! Before coming to JBF, Angela was first a stayat-home mom and also spent some time as a preschool teacher. She has consigned with Just Between Friends for nearly 10 years because she just can’t stay away from the phenomenal deals! Angela loves spending time with her family, watching her boys play sports, finding amazing bargains, and being a part of the JBF team. KATHY HANOVER, DESIGN ONLINE AND BRANDING COORDINATOR Kathy works with Just Between Friends’ online marketing software, supporting franchise owners by proofing and approving marketing materials for publication and distribution. She helps maintain branding consistency and provide a second set of eagle eyes to make sure information is accurate. Her degree in business administration and keen eye for details help JBF stay looking pretty and typofree. Her professional background includes work in the insurance industry and as a parttime proof reader and typist during her college days. Kathy’s strong organization skills have jbfsalefranchise.com made her invaluable at area sales events, where she keeps the most organized workroom you’ve ever seen. This has also served as a model for other sales’ plans and processes. A Tulsa native, Kathy has been married for over a quarter of a century to husband, Kevin, and has two wonderful sons. She is very active in her church and loves spending time with her family and traveling. Dianne supports Just Between Friends in the areas of strategy, marketing, meeting and event planning, and operations. She has worked alongside Shannon to position Just Between Friends for success since 2000. Dianne’s expertise comes from more than 25 years of experience in corporate America in the hospitality and travel industry. It was there that she learned skills and strategies that allowed her to launch her own business in 2000. In addition to JBF, she also works with other corporations, organizations, and associations in the areas of event production, strategy, marketing, and public relations. Dianne’s love for a challenge, coupled with her strong industry relationships and never-say-die attitude, make her a key component in her clients’ success. She is a native Oklahoman, and though she loves traveling the world for both business and pleasure, she is always excited to come back home to family—Richard, three children, her Special Projects Team: DIANNE DAVIS 49 precious grandbabies Kennedi, Kinslee, and Austin, and her three best rescue dogs Cooper, Abby, and Maggie. AUTUMN LEW Autumn serves Just Between Friends in the areas of marketing, communication arts and design, and executive team consulting. She utilizes her than the average franchise fee of $35,000 25-plus years of experience in the corporate and and average royalties of 6%-8% of gross independent design worlds to create messages sales. that communicate the fun of mind-blowing HOW MUCH CAPITAL IS REQUIRED TO OPEN A savings to those who soon find the pure joy of FRANCHISE? retail alternatives. Autumn loves using words and In addition to the franchise fees listed above, we imagery to reach people and make an impact. estimate you will need an additional $15,000 to She runs Graphic Minion Studios in Stillwater, $20,000 in capital for materials needed to launch Oklahoma, where she and her hot husband and your business. two awesome kids (along with their two collie rescue dogs) settled after a history of traveling WHAT DOES THE FRANCHISE SYSTEM INCLUDE? across the country (and before that, the world— Download our What do I get for my Franchise Autumn is originally from Manila, Philippines). fee PDF for a complete listing of what is included When she is not playing with her Mac toys, she with your franchise fee. The value will astonish loves reading, running, cooking, and Netflix you! Highlights include: binging. Her goal in design is simple: Do more • Owning and operating a well-known pop-up good. consignment event • Use of the name and trademark • Branding and marketing tools • Operations manual, proprietary procedures, Everything you need to know and online bar-coding system • 100-square-foot color event banner about starting a Just Between • Custom-built website design Friends franchise • Self-guided, automated, online consignor registration Interested in becoming part of the “hottest ticket • Team member scheduling module in town” but want more information? Read on for • Marketing tracker system answers to frequently asked questions. • Corporate support and support from other Just Between Friends owners who have WHAT IS THE FRANCHISE FEE AND WHAT ARE THE seen exponential growth in their territories. FAQ ONGOING ROYALTIES? • • • • 50 U.S. Franchises — $14,900 USD Canadian Franchises — $16,900 USD Royalties are 3% of gross sales, less the sales tax Both the fees and royalties are much less HOW LARGE ARE THE TERRITORIES? Just Between Friends territories are established using statistical data supplied by our mapping services provider, along with other key demographic information. jbfsalefranchise.com • • Territories are built around concentrations of populations with families who include children ages 0-10 living in the household. JBF errs on the side of generosity when creating territories, as our main goal is to see our franchisees have great success within their territory. DO I NEED TO LIVE IN THE TERRITORY WHERE I HOLD MY JUST BETWEEN FRIENDS EVENTS? Just Between Friends Franchise System Inc. requires that at least one 50% owner live within 30 miles of the territory in which the event will be held. • Your success depends on building a core group of customers and consignors within your territory. • Being involved and establishing relationships in your territory and community is key to your long-term success. HOW MUCH MONEY CAN I MAKE FROM A JUST BETWEEN FRIENDS EVENT? Many factors go into determining how much money a particular franchise will earn. We provide some information based on the historical performance of our existing franchisees in Item 19 of our Franchise Disclosure Document. We recommend that you do some additional research by talking to exiting JBF franchisees and exploring costs in your geographic area to make your own projections. Any financial performance representations made in the FDD or on this website reflect the historical performance of existing franchisees. New franchisee’s individual financial results may differ from the results stated. Written substantiation for the representations made on this Website or in the FDD are available upon reasonable request. HOW MANY HOURS DOES IT TAKE TO PUT AN EVENT TOGETHER? • recommend that our franchisees work their businesses approximately 20 hours per week in the off season to continue to foster key relationships, promote in their communities, and therefore realize greater success. • One of the great things about JBF is the flexibility to work your business around other activities in your life! So you do have the flexibility to work on a schedule that is best for you and your family. Please keep in mind that as your event grows, so will the need to invest more time and effort. This is great news as a growing business typically means growing revenue as well! Franchisees who work their businesses every day have seen the greatest success. DO I NEED TO HAVE EXPERIENCE TO OWN A JBF? Experience is always helpful, but your experience does not necessarily need to be in consignment events. The JBF franchise system is looking for candidates with a strong customer service or sales background, great organizational skills, general business knowledge, computer literacy, as well as candidates who are outgoing and friendly when working with the public. WHAT HAPPENS IF I AM THINKING OF HAVING A BUSINESS PARTNER? Many of our Just Between Friends franchises are owned by more than one person. If you are thinking of working with a business partner, any person that is 25% or more owner must go through the application process and attend training. If you and a partner are awarded a Franchise, you will need to provide a copy of a buy/sell agreement to JBF Corporate. WHAT DO I DO WHEN I AM FULLY PREPARED TO OWN A JUST BETWEEN FRIENDS FRANCHISE? On average, a typical sale takes 8 to 10 weeks of intensive planning, but we 51 • Step One: Request franchise information by filling out one of the short forms on our site or by visiting the Request Information page. You can also call us by dialing 866-955-1792. • Step Two: We’ll follow up with you as quickly as we can and schedule an initial interview. The purpose of the interview is two-fold: to help you understand if our franchised business will help you meet your personal goals and help us understand if you about each other. Our franchisee evaluation match the profile of a successful franchisee. process is detailed and involves consideration There are no wrong answers and this is a fun of multiple factors. We give every applicant conversation. We get to learn about you and careful consideration, but, for a variety of you get to learn more about our business. reasons, not every applicant is offered a • Step Three: f we complete the interview and franchise. Additionally, Some jurisdictions require both decide you want to move forward, we’ll registrations of franchise offerings and specific ask you to complete our basic franchise disclosures. If you are a resident of a U.S. state application and we’ll begin the discovery or a country that regulates the offer and sale of process. For a more detailed view, take a franchises, are receiving this message in one of look at our Next Steps page and we look those states or countries, or intend to operate forward to meeting you! a franchise in any of those states or countries, Once Just Between Friends determines that you we will not offer you a franchise unless and until are a candidate who meets our pre-established we have complied with any applicable pre-sale ownership criteria, a JBF representative will registration and/or disclosure requirements in the contact you to start you on the road to owning applicable jurisdiction. your own consignment sales event! Once you’ve read and signed the confidentiality agreement included in our welcome letter, we will have our first conversation on the phone, which gives us a chance to introduce ourselves, learn a little about What to expect in the Just you, and answer a few questions. From there, we’ll schedule a time to provide you with in-depth Between Friends franchise information about the brand and to learn about application process you. We will go into specific detail about important When you fill out the “Request for Information” topics, including how we build territories, fWhen you fill out the “Request for Information” population and demographic requirements, and form, we will immediately send you a welcome letter detailing what makes “the hottest ticket in town” unique and what you might expect in the process of purchasing a Just Between Friends franchise. Neither your submission of application materials to us, nor our communications with you should be interpreted as the offer to grant you a franchise. These communications start the information gathering process where we find out more Next Steps 52
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