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Below is an in-depth analysis and side-by-side comparison of Dollar Discount Stores vs Buck Or Two Stores 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 | $250,000 - $300,000 |
Franchise Fee | $18,000 | $25,000 |
Royalty Fee | 3% | 6% |
Advertising Fee | - | 1% |
Year Founded | 1982 | - |
Year Franchised | 1987 | - |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 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 | - | Our training program is a combination of both classroom and hands-on, in-store training. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | A Mentor and the Franchise Support Office provide guidance and facilitate proven solutions for bottom line success. |
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 | - |
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.
For over 30 years, Buck or Two Plus! has empowered Canadian entrepreneurs by offering dollar store franchise opportunities in the lucrative value industry. We’re always looking to expand our network of retail locations with dedicated franchisees to help grow our brand into communities across the country.