Partner with a proven business model that's built around unparalleled customer experience, fast growth, massive upside and a solid Return On Investment.
Our Franchise Operators are the backbone of the BuyBackWorld Franchising Model and BuyBackWorld stands ready to support each Franchisee and honor our heritage by fostering your dreams.
We know there's a lot to consider when franchising, so we put the answers to some commonly asked questions front and center right here
BuyBackWorld seeks highly-qualified individuals to become partners as owner-operator franchisees. Prior business experience and/or experience in a retail cellphone environment is preferred, but not necessarily required. We do, however, seek applicants that meet our financial qualifications. This does not mean you need to be a millionaire to be a BuyBackWorld franchisee, but it does mean that you will need to meet our financial qualifications.
The first step to applying for a BuyBackWorld Franchise is completing our BuyBackWorld Franchise Application.
Overall, prospective franchisees will need approximately $150,000 USD to get started. Financing can be secured through third-party lending sources. The total cost of each franchise varies by size and location, but a ballpark estimate from our Franchise Disclosure is anywhere from a total startup cost of $90,000 - $400,000.
The initial Franchising Fee is $25,000 with an on-going 5% Franchising Royalty Fee of Sales, payable monthly. BuyBackWorld might offer qualified applicants a 20% discount on the initial Franchising Fee in some cases such as:
BuyBackWorld Franchisees must successfully complete an extensive, multi-week training program prior to franchising a BuyBackWorld location. Annual on-going training is a must as well.
BuyBackWorld looks for well-qualified potential franchisees who share the vision of BuyBackWorld and have the drive to make their dreams a reality.
You might be a great fit with BuyBackWorld if you:
This is probably not the right opportunity for you if you:
Opening a BuyBackWorld Franchise varies from location to location and depends on a variety of factors. However, it typically takes 4-6 months after you agree on a location with us and sign a Franchising Agreement with BuyBackWorld to have the Grand Opening of your store's location.
The BuyBackWorld brand and name means everything to us and we firmly stand behind our Franchisees as an extension of not only our ever-expanding global footprint, but more importantly, our actual family and local communities. Our training program is intense, but it is second to none. We built our brand out of a small apartment upon the belief that consumers deserved an easier way to buy and sell household products and have expanded on those values year after year.
Initial franchisee training consists of 2-4 weeks of training at our Corporate Headquarters in NY and 2-4 weeks of on-site training at your new Franchise location. Our support covers A-Z on your path to Franchise success and we have no problems helping you with any of the following when you make the decision to join our world at BuyBackWorld:
Our digital support ranges from marketing support for ad templates, social media, SEO, website development, email marketing, loyalty programs and ongoing access to our Franchisee Intranet Platform, proprietary software and field-level step-by-step training.
Financial ROI for a BuyBackWorld Franchise varies from location to location and depends on a variety of factors. However, the average BuyBackWorld Store does about $725,000 in sales revenue by their second year in operation with a gross profit margin of 55% on those sales. The average store has a Net Income of about $103,000 by their second year in operation.
Much of your financial success will depend on how dedicated you are to making your dreams a reality.
If you think a BuyBackWorld Franchise might be right for you, fill out our BuyBackWorld Franchising Application Today.
Fill out the form below to begin your official BuyBackWorld Franchise opportunity candidacy
*All information here is for informational purposes only. All figures published here represent an estimate of expected numbers and are not guarantees. Your results may differ and BuyBackWorld offers no assurances that you will do well. All risk is assumed by you and you acknowledge this by Submitting this form.
**This information is not intended as an offer to sell, or the solicitation of an offer to buy a franchise. If you are a resident of or want to locate a franchise in a state that regulates the offer and sale of franchises, we will not offer you a franchise unless we have complied with that applicable pre-sale registration and disclosure requirement in your state. This advertisement is not an offering. An offering can only be made in NY by a prospectus filed first with the Department of Law of the State of New York; such filing does not constitute approval by the Department of Law. Other restrictions may apply.