Ben Franklin Store
The total investment to open a Ben Franklin Store franchise ranges from $72,410 to $500,000. The initial franchise fee is $45,920.
What is the Ben Franklin Store franchise?
Ben Franklin Store franchise opportunities offer a retail concept with a long history and a mix of traditional and current merchandise. The company is headquartered in IOWA CITY, IA, and operates in the Other Miscellaneous Nondurable Goods Merchant Wholesalers category. The system has 36 total units. Stores may carry household essentials, craft supplies, seasonal decorations, hobby products, and other lifestyle goods, creating a varied product mix rather than relying on one narrow retail category. That range can serve customers seeking convenience, value, practical items, or products connected to personal interests. In many communities, a store can become a familiar local destination. The business combines the recognition associated with an established name and local strategies intended to build community relationships and attract customers. Its existing structure is intended to give franchisees guidance and resources as they manage a diversified retail operation, while allowing each store to respond to local demand.
Other Miscellaneous Nondurable Goods Merchant Wholesalers covers a wide group of products, including textiles, apparel, paper goods, toys, sporting goods, and other consumer nondurables. A Ben Franklin Store franchise therefore operates in a sector where product selection and inventory decisions are central to daily performance. Consumer spending, seasonal changes, and the continuing shift between physical stores and digital retail channels affect demand. Stores in this category often compete through a distinctive merchandise mix, appropriate pricing, and personal service that encourages repeat visits. Supply chain management is also essential because the store must keep a broad selection available while matching inventory to current trends and community needs. Franchisees may need to adjust merchandise in response to popular culture, demographic changes, economic conditions, and products entering or leaving the market. The category includes many suppliers and product lines, which can create opportunities for careful sourcing and purchasing relationships. Continued attention to merchandising and customer feedback is necessary when identifying changing interests and emerging local niches.
Opening a Ben Franklin Store franchise requires an initial franchise fee of $45,920. The total investment is estimated at $72,410 to $500,000. That range can accommodate different store formats, sizes, and market conditions. A lower investment of $72,410 may correspond with a smaller location, an existing commercial space requiring fewer leasehold improvements, or a more focused merchandise selection. An investment reaching $500,000 may reflect a larger store, a more extensive build out, a wider initial inventory, or a location in a prime commercial district. Costs within the total investment can include real estate expenses such as lease deposits or a property purchase, improvements needed to meet brand specifications, opening inventory, point of sale equipment, display fixtures, signage, grand opening marketing, and working capital for the early operating period. The franchise fee covers entry into the franchise system and is associated with access to proprietary systems, initial training, and startup support. The range gives prospective owners with different capital resources the ability to consider a store model suited to their financial position and intended retail strategy.
The operating model is designed to create consistency across the 36 units while leaving room to respond to local conditions. Core activities include purchasing merchandise, managing inventory, presenting products effectively, and serving customers. Franchisees receive an operational framework covering product sourcing, supplier relationships, stock levels, and methods for meeting demand without carrying excessive inventory. Initial training addresses daily store management and marketing practices for the nondurable goods sector, giving new owners a foundation even if they have not previously worked in this category. Ongoing assistance includes marketing support for local campaigns intended to reach the surrounding community and increase store visits. The Loan Activity Score is 24 and provides a numerical measure within a particular evaluation framework. The headquarters in IOWA CITY, IA, serves as a central resource for guidance, operating knowledge, and support connected with the 36 units. This structure is intended to let franchisees concentrate on local execution, merchandise decisions, and customer relationships while using the systems and reputation developed by the franchisor.
Product diversification can reduce dependence on one merchandise line and may help offset seasonal changes in demand. Inventory control has a direct effect on cash flow and earnings because slow moving products can tie up capital, while insufficient stock can result in missed sales. Pricing based on local market conditions and competitor information helps a store attract customers while protecting margins. The total investment of $72,410 to $500,000 indicates that store scale can vary substantially, with different formats producing different sales opportunities and cost structures. A location with stronger foot traffic, favorable demographics, and active community participation may support higher sales volume. Customer service and a carefully selected product mix can encourage repeat business and positive word of mouth.
The Ben Franklin Store system has 36 total units, reflecting an established retail presence and a measured approach to expansion. Its history gives the brand recognition that may help new owners build familiarity with local customers and support customer acquisition. The system also benefits from operating guidance and supplier relationships developed over time. As an Other Miscellaneous Nondurable Goods Merchant Wholesaler, it may provide access to a broad group of suppliers and purchasing arrangements across product categories, supporting merchandise variety and pricing decisions. The investment range of $72,410 to $500,000 adds flexibility for different market sizes and available capital. A smaller town, suburban center, or other community may call for a different store size and product mix, allowing the concept to respond to local demand. Headquarters support from IOWA CITY, IA, is intended to promote consistency in the customer experience while still allowing local merchandising. These features give the brand a basis for serving varied communities through a controlled operating model rather than relying on rapid expansion.
A suitable Ben Franklin Store franchisee should bring business judgment, community involvement, and an interest in retail. Previous experience with nondurable goods can help, but the essential qualities include initiative, attention to daily operations, and a strong commitment to customer service. Owners need to be comfortable managing a broad inventory, reviewing local buying patterns, and developing lasting customer relationships. Organization is especially important because the Other Miscellaneous Nondurable Goods Merchant Wholesalers category includes many different products and suppliers. Someone who enjoys participating in community events and creating a neighborhood store atmosphere may fit the brand well. The owner must also be able to lead and motivate employees, maintain service standards, and manage store operations consistently. Specific territory terms are not provided here. Franchise systems commonly use exclusive or protected areas so owners can develop a defined market without direct competition from another unit in the same system. Such an arrangement would allow a franchisee to focus on building the Ben Franklin Store business within an assigned geographic area.
The Ben Franklin Store franchise offers an investment option in the nondurable goods wholesale and retail sector. The brand has 36 total units and is headquartered in IOWA CITY, IA. The initial franchise fee is $45,920, and the total investment ranges from $72,410 to $500,000. That range may support different formats, from a more limited store operation to a larger retail destination with a broader selection and greater build out. The Loan Activity Score is 24 and supplies an additional numerical reference for evaluating the system. Franchisees join a structure centered on diversified merchandise, including products for everyday needs, crafts, hobbies, seasonal use, and other interests. The model depends on local execution, inventory discipline, customer service, and community involvement. Prospective buyers should compare the investment range with their available capital, preferred market, operating experience, and plans for store size before pursuing the opportunity. PeerSense provides franchise research and introduces qualified buyers to SBA and conventional lending sources, but PeerSense is not a lender.
Loan Activity Score
24/100
SBA Default Rate
20.0%
Active Lenders
44
According to its Franchise Disclosure Document or public business records, Ben Franklin Store has 53 locations, all owned by franchisees. Public SBA loan records show 44 lenders made 75 loans to franchisees of Ben Franklin Store. PeerSense calculates Ben Franklin Store's score as 24 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 1927 · 53 locations
$72,410 to $500,000
$45,920
53
53 franchised
Proprietary PeerSense metric
LimitedDistinct lenders in public SBA records for Ben Franklin Store
75
Total SBA loans
$302K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Ben Franklin Store
Loan Activity Score Breakdown
Established (25 to 99 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
20.0%
vs 13.6% peer avg
SBA Loans
75
Total Volume
$22.7M
Active Lenders
44
1 selective
States
32
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Ben Franklin Store based on SBA lending data
SBA Default Rate
20.0%
6.4% above peer avg
SBA Loan Volume
75 loans
Across 44 lenders
Lender Diversity
44 lenders
Avg 1.7 loans per lender
Investment Tier
Mid range investment
$72,410 to $500,000 total
Ben Franklin Store: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
1993
17 approvals. The best year on record for Ben Franklin Store.
Top SBA State
Iowa
10 SBA financed Ben Franklin Store locations, the densest operator footprint.
Average Loan Size
$302K
Median $220K. Use as a sizing anchor when modeling your own Ben Franklin Store unit.
Lender Concentration
34.7%
Moderately Spread
Share of Ben Franklin Store approvals captured by the top 3 SBA lenders.
Ben Franklin Store's SBA lending pipeline peaked in 1993 (17 approvals). Operator density is highest in Iowa with 10 SBA financed locations. Average funded ticket sits at $302K, with the median at $220K. Lender mix is moderately spread: the top three SBA lenders account for 34.7% of approvals. Meaningful choice exists, but specific lenders carry the brand.
Payment Estimator
Estimated Monthly Payment
$750
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Ben Franklin Store, unit breakdown
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Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
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