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Below is an in-depth analysis and side-by-side comparison of Dollar World vs Dollar Blitz 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 | $175,000 - $275,000 |
Franchise Fee | $15,000 | N/A |
Royalty Fee | 3% | 3% |
Advertising Fee | - | 1% |
Year Founded | 1997 | 2001 |
Year Franchised | 2003 | 2001 |
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 Blitz is a retail franchise company that operates a chain of
franchised "dollar" stores throughout North America. Unlike most of the
other major players in the industry, Dollar Blitz operates "true" dollar
stores, meaning their entire product line retails for only $ 1.00.
Dollar
Blitz opened its first store in November 2001 and it now has 30 stores
in operation and another 60 stores under development, Dollar Blitz is
becoming a major player in the dollar store industry.