Dollar Discount Stores vs MCN Dollar Store Developers Franchise Comparison

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

Start-Up Costs and Fees

 
Dollar Discount Stores Franchise
MCN Dollar Store Developers Franchise
Investment $99,000 - $195,000 $65,000 - $349,000
Franchise Fee $18,000 N/A
Royalty Fee 3% -
Advertising Fee - -
Year Founded 1982 -
Year Franchised 1987 -
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee 33% of current franchise fee -


Business Experience Requirements

 
Dollar Discount Stores Franchise
MCN Dollar Store Developers Franchise
Experience - Here is what we are looking for in qualified candidates: * Willingness to follow a proven, successful business method * Willingness to put forth the necessary time and effort to ensure success * Willingness to keep an open mind concerning ownership of additional stores

Financing Options

 
Dollar Discount Stores Franchise
MCN Dollar Store Developers 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
MCN Dollar Store Developers 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
MCN Dollar Store Developers 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
MCN Dollar Store Developers Franchise
$65,000 - $349,000
Franchise Fee
Dollar Discount Stores Franchise
$18,000
MCN Dollar Store Developers Franchise
N/A
Royalty Fee
Dollar Discount Stores Franchise
3%
MCN Dollar Store Developers Franchise
-
Advertising Fee
Dollar Discount Stores Franchise
-
MCN Dollar Store Developers Franchise
-
Year Founded
Dollar Discount Stores Franchise
1982
MCN Dollar Store Developers Franchise
-
Year Franchised
Dollar Discount Stores Franchise
1987
MCN Dollar Store Developers Franchise
-
Term Of Agreement
Dollar Discount Stores Franchise
10 years
MCN Dollar Store Developers Franchise
-
Renewal Fee
Dollar Discount Stores Franchise
33% of current franchise fee
MCN Dollar Store Developers Franchise
-


Business Experience Requirements

Experience
Dollar Discount Stores Franchise
-
MCN Dollar Store Developers Franchise
Here is what we are looking for in qualified candidates: * Willingness to follow a proven, successful business method * Willingness to put forth the necessary time and effort to ensure success * Willingness to keep an open mind concerning ownership of additional stores

Financing Options

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

Training & Support

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

MCN Dollar Store Developers Franchise
-

Expansion Plans

US Expansion
Dollar Discount Stores Franchise
Yes
MCN Dollar Store Developers Franchise
-
Canada Expansion
Dollar Discount Stores Franchise
No
MCN Dollar Store Developers Franchise
-
International Expansion
Dollar Discount Stores Franchise
No
MCN Dollar Store Developers 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 MCN Dollar Store Developers

WE HAVE BEEN INFORMED THAT MCN Dollar Store Developers NO LONGER OPERATES MCN Dollar Store Developers and its team of experts have been putting people like you into business for more than 17 years. Our proven steps to Dollar Store success are unparalleled in giving you everything you need to succeed. From assisting you with finance options, to finding a high-profit location, to store design and build-out, to training and merchandise selections, we are there to offer support every step of the way and even long after. Our formula for success is very simple. With our support, anyone can succeed in this business, even with no prior business experience. Our price includes the following: * New, high-quality fixtures (no tables or peg board) * Complete inventory * New carpeting * Exterior signage * Freight paid * Cash register(s) * Check-out counter(s) * Free-standing displays * Build-out labor * In-store training * Plus shopping baskets and grand opening banner Since its inception, the MCN Dollar Store concept has enjoyed steady growth and continues to strengthen with each passing year. And especially now, in today's economy, who isn't on the lookout for a bargain? There is no better time to explore a recession-resistant formula with the innovators in the Dollar Store industry. If you're looking to create the business that enables you to grow your income and create a lifestyle around your priorities, then a Dollar Store may be perfect for you. Why worry about company politics, layoffs, and closings. Take control of your destiny and open a Dollar Store in your community.