Your Dollar Store With More vs MCN Dollar Store Developers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Your Dollar Store With More vs MCN Dollar Store Developers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

Your Dollar Store With More Franchise
MCN Dollar Store Developers Franchise
Investment $60,000 - $200,000$65,000 - $349,000
Franchise Fee $20,000N/A
Royalty Fee 4%-
Advertising Fee --
Year Founded 1998-
Year Franchised 1998-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2K-

Business Experience Requirements

Your Dollar Store With More Franchise
MCN Dollar Store Developers Franchise
Experience -Here is what we are looking for in qualified candidates: * Willingness to follow a proven, successful business method * Willingness to put forth the necessary time and effort to ensure success * Willingness to keep an open mind concerning ownership of additional stores

Financing Options

Your Dollar Store With More Franchise
MCN Dollar Store Developers Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

Your Dollar Store With More Franchise
MCN Dollar Store Developers Franchise
Training The information new franchisees receive in the first two weeks of opening their store can be overwhelming and daunting. To ensure that you don’t miss a beat and that you prioritize your day to day activities, we have developed a check list as a reminder to help you stay on track. In this module you can conveniently review information on staffing, ordering, merchandising, inventory, accounting procedures, supplier information and more-
Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing For a business to be success in today's marketplace, it's important to engage customers through various forms of marketing. Your Dollar Store with More has established a Your Local Marketing Plan (YLMP) to ensure that franchisees are actively marketing their store by assisting them with their marketing decisions. A Marketing Director oversees the Your Local Marketing Plan from Head Office and his role is to maximize the YLMP contributions to their full potential. The YLMP is built on a 1/2% royalty of sales, which is a small fraction of what most businesses spend on marketing. These funds are invested directly back into your community through a targeted flyer program as the foundational marketing tool. This is a good foundational base for franchisees to build upon. Additional marketing activities could includes team sponsorships, store signage, newspaper or radio ads, magazine ads, cloth reusable shopping bags, etc., all of which qualify for reimbursement under the YLMP. YLMP Targeted Flyer Program - A four page, full colour flyer is produced three times a year to expose the various departments and products found in a Your Dollar Store with More. The printing and distribution of your flyer is covered by your 1/2% National Advertising Fund royalty. You simply order the flyer product and set-up your store displays. Flyers are shipped to you market and distributed through the most cost effective medium. Additional Marketing Support - Additional marketing support is available to assist you in actively marketing your store into your community. Graphic design of newspaper ads and other print support materials, along with radio support, cross promotional ideas, event planning and other marketing tactics are developed and stored on the "media vault" located in the secured franchisee area of the website. Grand Opening Ad - designed to generate store traffic and create excitement and awareness around the Grand Opening of your new store. All aspects of your Grand Opening will be coordinated, including contact with media, design of your ads and promotional offers for your customers. Newspaper Advertisement - pre-designed newspaper ads are available to help promote the various departments of Your Dollar Store with More. These ads are easy to customize, allowing you control over the products promoted and incentives offered to your customers. Your Dollar Store with More Radio Jingle - also known as a musical identity, is used to increase the impact of radio advertising for our franchisees. Assistance is also available for planning and purchasing any radio commercials to ensure you get the most impact for your investment.-
Operations 17% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 4 - 12

Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators)


Expansion Plans

Your Dollar Store With More Franchise
MCN Dollar Store Developers Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Your Dollar Store With More

Some of the unique differences that you will find with the Your Dollar Store with More franchise:

Work for yourself but not by yourself!  100% Canadian Owned and Operated!

#81in Canada's Top franchises.

About MCN Dollar Store Developers

WE HAVE BEEN INFORMED THAT MCN Dollar Store Developers NO LONGER OPERATES MCN Dollar Store Developers and its team of experts have been putting people like you into business for more than 17 years. Our proven steps to Dollar Store success are unparalleled in giving you everything you need to succeed. From assisting you with finance options, to finding a high-profit location, to store design and build-out, to training and merchandise selections, we are there to offer support every step of the way and even long after. Our formula for success is very simple. With our support, anyone can succeed in this business, even with no prior business experience. Our price includes the following: * New, high-quality fixtures (no tables or peg board) * Complete inventory * New carpeting * Exterior signage * Freight paid * Cash register(s) * Check-out counter(s) * Free-standing displays * Build-out labor * In-store training * Plus shopping baskets and grand opening banner Since its inception, the MCN Dollar Store concept has enjoyed steady growth and continues to strengthen with each passing year. And especially now, in today's economy, who isn't on the lookout for a bargain? There is no better time to explore a recession-resistant formula with the innovators in the Dollar Store industry. If you're looking to create the business that enables you to grow your income and create a lifestyle around your priorities, then a Dollar Store may be perfect for you. Why worry about company politics, layoffs, and closings. Take control of your destiny and open a Dollar Store in your community.