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 19821993
Year Franchised 19871993
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 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 PartyIn-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-

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.