Dollar Blitz vs MyDollarstore Franchise Comparison

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

Start-Up Costs and Fees
 
Dollar Blitz Franchise
MyDollarstore Franchise
Investment $175,000 - $275,000$95,000 - $298,000
Franchise Fee N/A$15,000
Royalty Fee 3%4%
Advertising Fee 1%0
Year Founded 2001-
Year Franchised 2001-
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -nominal renewal fee


Business Experience Requirements
 
Dollar Blitz 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 Blitz Franchise
MyDollarstore Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

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

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

Company Overviews

About Dollar Blitz

Dollar Blitz is a retail franchise company that operates a chain of franchised "dollar" stores throughout North America. Unlike most of the other major players in the industry, Dollar Blitz operates "true" dollar stores, meaning their entire product line retails for only $ 1.00.

Dollar Blitz opened its first store in November 2001 and it now has 30 stores in operation and another 60 stores under development, Dollar Blitz is becoming a major player in the dollar store industry.

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.