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Below is an in-depth analysis and side-by-side comparison of Dollar World vs Dollar Castle including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $99,000 - $150,000 | $216,550 - $526,000 |
Franchise Fee | $15,000 | $30,000 |
Royalty Fee | 3% | 4% |
Advertising Fee | - | up to 2% |
Year Founded | 1997 | 1992 |
Year Franchised | 2003 | 2003 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $500 | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, 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) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
NO LONGER FRANCHISING
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.