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Updated RecentlyDollar Discount Stores vs Dollar Castle Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Dollar Discount Stores 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 - $195,000 | $216,550 - $526,000 |
| Franchise Fee | $18,000 | $30,000 |
| Royalty Fee | 3% | 4% |
| Advertising Fee | - | up to 2% |
| Year Founded | 1982 | 1992 |
| Year Franchised | 1987 | 2003 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | 33% of current franchise fee | - |
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/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Ad slicks | - |
| Operations |
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 |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
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.
About Dollar Castle
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.