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Updated RecentlyDollar Discount Stores vs THE DOLLAR STORE & beyond Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Dollar Discount Stores vs THE DOLLAR STORE & beyond 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 | $150,000 - $300,000 |
| Franchise Fee | $18,000 | $25,000 |
| Royalty Fee | 3% | - |
| Advertising Fee | - | - |
| Year Founded | 1982 | 1999 |
| Year Franchised | 1987 | 2009 |
| 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 | Yes |
| 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 THE DOLLAR STORE & beyond
Celebrate @ THE DOLLAR STORE stores have been in operation since 2003. We are now carving out our niche in the Party and Enabling Value sector of Retail industry. The Franchise Support Office priority continues towards building a strong retail foundation which enables our Franchisees to operate profitable businesses. Our focus is our Franchisees. ENABLING STRATEGIES provides a comprehensive solution to all our business needs on a turn Key basis. We provide a list of approved vendors with whom we have negotiated to provide our Franchisees with new and exciting merchandise on superior cost terms. Trade Shows � Once or twice a year we gather at a convention attended by all of the primary vendors. This provides an opportunity for face-to-face conversations with the vendors, allowing our Franchisees to see and touch all the new products and, to consult with fellow Franchisees. Our Real Estate department approves and secures all locations which are leased by ENABLING STRATEGIES. We provide a comprehensive service including site selection, approval and lease negotiations allowing our Franchisees to focus on being Superior Retailers.