Your Dollar Store With More vs Dollar Discount Stores Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Your Dollar Store With More vs Dollar Discount Stores 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
Dollar Discount Stores Franchise
Investment $60,000 - $200,000 $99,000 - $195,000
Franchise Fee $20,000 $18,000
Royalty Fee 4% 3%
Advertising Fee - -
Year Founded 1998 1982
Year Franchised 1998 1987
Term Of Agreement 10 years 10 years
Term Of Agreement 10 years 10 years
Renewal Fee $2K 33% of current franchise fee


Business Experience Requirements

 
Your Dollar Store With More Franchise
Dollar Discount Stores Franchise
Experience - -

Financing Options

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

Training & Support

 
Your Dollar Store With More Franchise
Dollar Discount Stores 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 Newsletter, Meetings, Toll-free phone line, 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. Ad slicks
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)

10% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 4 - 7

Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators)


Expansion Plans

 
Your Dollar Store With More Franchise
Dollar Discount Stores Franchise
US Expansion - Yes
Canada Expansion No No
International Expansion Yes No

Start-Up Costs and Fees Mobile

Investment
Your Dollar Store With More Franchise
$60,000 - $200,000
Dollar Discount Stores Franchise
$99,000 - $195,000
Franchise Fee
Your Dollar Store With More Franchise
$20,000
Dollar Discount Stores Franchise
$18,000
Royalty Fee
Your Dollar Store With More Franchise
4%
Dollar Discount Stores Franchise
3%
Advertising Fee
Your Dollar Store With More Franchise
-
Dollar Discount Stores Franchise
-
Year Founded
Your Dollar Store With More Franchise
1998
Dollar Discount Stores Franchise
1982
Year Franchised
Your Dollar Store With More Franchise
1998
Dollar Discount Stores Franchise
1987
Term Of Agreement
Your Dollar Store With More Franchise
10 years
Dollar Discount Stores Franchise
10 years
Renewal Fee
Your Dollar Store With More Franchise
$2K
Dollar Discount Stores Franchise
33% of current franchise fee


Business Experience Requirements

Experience
Your Dollar Store With More Franchise
-
Dollar Discount Stores Franchise
-

Financing Options

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

Training & Support

Training
Your Dollar Store With More Franchise
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
Dollar Discount Stores Franchise
-
Support
Your Dollar Store With More Franchise
Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Dollar Discount Stores Franchise
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Your Dollar Store With More Franchise
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.
Dollar Discount Stores Franchise
Ad slicks
Operations
Your Dollar Store With More Franchise
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)

Dollar Discount Stores Franchise
10% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 4 - 7

Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators)


Expansion Plans

US Expansion
Your Dollar Store With More Franchise
-
Dollar Discount Stores Franchise
Yes
Canada Expansion
Your Dollar Store With More Franchise
No
Dollar Discount Stores Franchise
No
International Expansion
Your Dollar Store With More Franchise
Yes
Dollar Discount Stores Franchise
No

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!

"Top
#81in Canada's Top franchises.



About Dollar Discount Stores

Paul Cohen opened the first Dollar Discount Store in Delaware County, Pennsylvania, in 1982. With the help of his family, who had about 40 years of retail experience, he expanded the company into a chain, then began franchising in 1987. Each Dollar Discount Store offers a variety of products, including toys, paper goods, snacks and school supplies, for $1. Stores can also sell more expensive items ranging in price from $1 to $15.