Dollar Castle vs MyDollarstore Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Dollar Castle vs MyDollarstore including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Dollar Castle Franchise
MyDollarstore Franchise
Investment $216,550 - $526,000$95,000 - $298,000
Franchise Fee $30,000$15,000
Royalty Fee 4%4%
Advertising Fee up to 2%0
Year Founded 1992-
Year Franchised 2003-
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -nominal renewal fee


Business Experience Requirements
 
Dollar Castle Franchise
MyDollarstore Franchise
Experience -Generally, good management skills, good people skills and good team building skills combined with the drive to succeed and a passion for delivering uncompromising customer service are valuable in managing a My Dollar Store

Financing Options
 
Dollar Castle Franchise
MyDollarstore Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Dollar Castle Franchise
MyDollarstore Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Dollar Castle Franchise
MyDollarstore Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Dollar Castle

 Dollar Castle is currently expanding our BRAND name and franchise opportunity both in the United States as well as Internationally. With over 15 years in business and 24 stores operating we are now expanding. The Dollar Castle franchise opportunity represents an opportunity in the fastest growing segment of the retail marketplace.

Our low prices and reliable selection of merchandise tells the story. Unlike most of the other big box $1 or less chains, we are a dollar store and a whole lot more! This will create more customers in your store while increasing your return on investment. At Dollar Castle our management team likes to lay all of the cards on the table. We want you to know what you are getting into prior to going much further.

About MyDollarstore

Be independent but not alone. If you’ve imagined running your own business and leaving your job for more independence, putting your valuable experience and skills at work towards your own benefit, exercising your creativity and talent and having an impact on your customers and community, MyDollarstore, Inc. can make those imaginings real. Franchising has become the most popular method for conducting business because you're supported by a network of similar businesses and yet independent.
According to the Houston Business Journal (8-17-2000), franchise sales annually by more than 316,000 Dollar Stores retail units in the USA have surpassed $1 trillion.