|
Below is an in-depth analysis and side-by-side comparison of Just-A-Buck vs Great Canadian Dollar Store including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $140,000 - $250,000 | $194,000 - $350,000 |
Franchise Fee | $25,000 | $19,880 |
Royalty Fee | 4% | 4% |
Advertising Fee | - | - |
Year Founded | 1988 | 1993 |
Year Franchised | 1992 | 1993 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Based in New Windsor,, New York, Just A Buck started in 1988 and began franchising in 1992. Just-A-Buck sells children's games and toys, gifts, packaged goods, hardware, housewares, books, candy, collectibles, baskets, personal care products, greeting cards and costume jewelry, all priced at $1.