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Below is an in-depth analysis and side-by-side comparison of Dollar World vs Dollar Chest 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 | $270,000 - $552,000 |
Franchise Fee | $15,000 | $25,000 |
Royalty Fee | 3% | - |
Advertising Fee | - | - |
Year Founded | 1997 | 2006 |
Year Franchised | 2003 | 2006 |
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 | Yes |
Canada Expansion | No | Yes |
International Expansion | No | Yes |
NO LONGER FRANCHISING
Dollar Chest, is a Canadian retail Franchise of top quality and extreme value dollar stores, offering consumers Cleaning supplies, Disposables, Health and Beauty, Plastic wares, Household, Home Decors, Kitchen, and accessories, Picture Frames, Hardware, Electronics, Lighting, Stationary, Candies, Snacks, Beverages, Party Supplies, Novelties, Gifts, Pet Supplies, Outdoor products, Foods and all basic home and household accessories, all at a unique price of one dollar.