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Updated RecentlyDollar World vs Great Canadian Dollar Store Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Dollar World vs Great Canadian Dollar Store 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 | $194,000 - $350,000 |
| Franchise Fee | $15,000 | $19,880 |
| Royalty Fee | 3% | 4% |
| Advertising Fee | - | - |
| Year Founded | 1997 | 1993 |
| Year Franchised | 2003 | 1993 |
| Term Of Agreement | 5 years | 5 years |
| Term Of Agreement | 5 years | 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 | - |
Company Overviews
About Dollar World
NO LONGER FRANCHISING
About Great Canadian Dollar Store
With over 125 locations across Canada, Great Canadian Dollar Store has experienced tremendous growth since its founding in 1993 by Bud Walker and Vivian Walker of British Columbia. The business focuses on the retail of low-cost merchandise. Eyes are on expansion for the business, particularly in Ontario. There are only five locations in that province.
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#77 in Canada's Top franchises.