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Updated RecentlyMyDollarstore vs MCN Dollar Store Developers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MyDollarstore vs MCN Dollar Store Developers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $95,000 - $298,000 | $65,000 - $349,000 |
| Franchise Fee | $15,000 | N/A |
| Royalty Fee | 4% | - |
| Advertising Fee | 0 | - |
| Year Founded | - | - |
| Year Franchised | - | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | nominal renewal fee | - |
Business Experience Requirements |
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| 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 | 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 |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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.
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.