Dollar Discount Stores vs Great Canadian Dollar Store Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Dollar Discount Stores vs Great Canadian Dollar Store including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Dollar Discount Stores Franchise
Great Canadian Dollar Store Franchise
Investment $99,000 - $195,000 $194,000 - $350,000
Franchise Fee $18,000 $19,880
Royalty Fee 3% 4%
Advertising Fee - -
Year Founded 1982 1993
Year Franchised 1987 1993
Term Of Agreement 10 years 5 years
Term Of Agreement 10 years 5 years
Renewal Fee 33% of current franchise fee -


Business Experience Requirements

 
Dollar Discount Stores Franchise
Great Canadian Dollar Store Franchise
Experience - -

Financing Options

 
Dollar Discount Stores Franchise
Great Canadian Dollar Store Franchise
  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

 
Dollar Discount Stores Franchise
Great Canadian Dollar Store Franchise
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

 
Dollar Discount Stores Franchise
Great Canadian Dollar Store Franchise
US Expansion Yes -
Canada Expansion No -
International Expansion No -

Start-Up Costs and Fees Mobile

Investment
Dollar Discount Stores Franchise
$99,000 - $195,000
Great Canadian Dollar Store Franchise
$194,000 - $350,000
Franchise Fee
Dollar Discount Stores Franchise
$18,000
Great Canadian Dollar Store Franchise
$19,880
Royalty Fee
Dollar Discount Stores Franchise
3%
Great Canadian Dollar Store Franchise
4%
Advertising Fee
Dollar Discount Stores Franchise
-
Great Canadian Dollar Store Franchise
-
Year Founded
Dollar Discount Stores Franchise
1982
Great Canadian Dollar Store Franchise
1993
Year Franchised
Dollar Discount Stores Franchise
1987
Great Canadian Dollar Store Franchise
1993
Term Of Agreement
Dollar Discount Stores Franchise
10 years
Great Canadian Dollar Store Franchise
5 years
Renewal Fee
Dollar Discount Stores Franchise
33% of current franchise fee
Great Canadian Dollar Store Franchise
-


Business Experience Requirements

Experience
Dollar Discount Stores Franchise
-
Great Canadian Dollar Store Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Dollar Discount Stores Franchise
No/No
Great Canadian Dollar Store Franchise
-/-
Start-up Costs
Dollar Discount Stores Franchise
No/No
Great Canadian Dollar Store Franchise
-/-
Equipment
Dollar Discount Stores Franchise
No/No
Great Canadian Dollar Store Franchise
-/-
Inventory
Dollar Discount Stores Franchise
No/No
Great Canadian Dollar Store Franchise
-/-
Receivables
Dollar Discount Stores Franchise
No/No
Great Canadian Dollar Store Franchise
-/-
Payroll
Dollar Discount Stores Franchise
No/No
Great Canadian Dollar Store Franchise
-/-

Training & Support

Training
Dollar Discount Stores Franchise
-
Great Canadian Dollar Store Franchise
-
Support
Dollar Discount Stores Franchise
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Great Canadian Dollar Store Franchise
-
Marketing
Dollar Discount Stores Franchise
Ad slicks
Great Canadian Dollar Store Franchise
-
Operations
Dollar Discount Stores Franchise
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)

Great Canadian Dollar Store Franchise
-

Expansion Plans

US Expansion
Dollar Discount Stores Franchise
Yes
Great Canadian Dollar Store Franchise
-
Canada Expansion
Dollar Discount Stores Franchise
No
Great Canadian Dollar Store Franchise
-
International Expansion
Dollar Discount Stores Franchise
No
Great Canadian Dollar Store Franchise
-

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 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.

"Top

#77 in Canada's Top franchises.