Dollar World vs Dollar Discount Stores Franchise Comparison

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

Start-Up Costs and Fees

 
Dollar World Franchise
Dollar Discount Stores Franchise
Investment $99,000 - $150,000 $99,000 - $195,000
Franchise Fee $15,000 $18,000
Royalty Fee 3% 3%
Advertising Fee - -
Year Founded 1997 1982
Year Franchised 2003 1987
Term Of Agreement 5 years 10 years
Term Of Agreement 5 years 10 years
Renewal Fee $500 33% of current franchise fee


Business Experience Requirements

 
Dollar World Franchise
Dollar Discount Stores Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Dollar World Franchise
    Dollar Discount Stores Franchise
      In-House/3rd Party In-House/3rd Party
    Franchise Fees No/Yes No/No
    Start-up Costs No/Yes No/No
    Equipment No/Yes No/No
    Inventory No/No No/No
    Receivables No/No No/No
    Payroll No/No No/No

    Training & Support

     
    Dollar World Franchise
    Dollar Discount Stores Franchise
    Training - -
    Support Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicks Ad slicks
    Operations

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is allowed. (80% 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

     
    Dollar World Franchise
    Dollar Discount Stores Franchise
    US Expansion Yes Yes
    Canada Expansion No No
    International Expansion No No

    Start-Up Costs and Fees Mobile

    Investment
    Dollar World Franchise
    $99,000 - $150,000
    Dollar Discount Stores Franchise
    $99,000 - $195,000
    Franchise Fee
    Dollar World Franchise
    $15,000
    Dollar Discount Stores Franchise
    $18,000
    Royalty Fee
    Dollar World Franchise
    3%
    Dollar Discount Stores Franchise
    3%
    Advertising Fee
    Dollar World Franchise
    -
    Dollar Discount Stores Franchise
    -
    Year Founded
    Dollar World Franchise
    1997
    Dollar Discount Stores Franchise
    1982
    Year Franchised
    Dollar World Franchise
    2003
    Dollar Discount Stores Franchise
    1987
    Term Of Agreement
    Dollar World Franchise
    5 years
    Dollar Discount Stores Franchise
    10 years
    Renewal Fee
    Dollar World Franchise
    $500
    Dollar Discount Stores Franchise
    33% of current franchise fee


    Business Experience Requirements

    Experience
    Dollar World Franchise

  • General business experience
  • Dollar Discount Stores Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    Dollar World Franchise
    No/Yes
    Dollar Discount Stores Franchise
    No/No
    Start-up Costs
    Dollar World Franchise
    No/Yes
    Dollar Discount Stores Franchise
    No/No
    Equipment
    Dollar World Franchise
    No/Yes
    Dollar Discount Stores Franchise
    No/No
    Inventory
    Dollar World Franchise
    No/No
    Dollar Discount Stores Franchise
    No/No
    Receivables
    Dollar World Franchise
    No/No
    Dollar Discount Stores Franchise
    No/No
    Payroll
    Dollar World Franchise
    No/No
    Dollar Discount Stores Franchise
    No/No

    Training & Support

    Training
    Dollar World Franchise
    -
    Dollar Discount Stores Franchise
    -
    Support
    Dollar World Franchise
    Newsletter, Meetings, Grand opening, Internet, 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
    Dollar World Franchise
    Co-op advertising, Ad slicks
    Dollar Discount Stores Franchise
    Ad slicks
    Operations
    Dollar World Franchise

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is allowed. (80% 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
    Dollar World Franchise
    Yes
    Dollar Discount Stores Franchise
    Yes
    Canada Expansion
    Dollar World Franchise
    No
    Dollar Discount Stores Franchise
    No
    International Expansion
    Dollar World Franchise
    No
    Dollar Discount Stores Franchise
    No

    Company Overviews

    About Dollar World

    NO LONGER FRANCHISING

    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.