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Updated RecentlyMyDollarstore vs THE DOLLAR STORE & beyond Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MyDollarstore 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 | $95,000 - $298,000 | $150,000 - $300,000 |
| Franchise Fee | $15,000 | $25,000 |
| Royalty Fee | 4% | - |
| Advertising Fee | 0 | - |
| Year Founded | - | 1999 |
| Year Franchised | - | 2009 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | nominal renewal fee | - |
Business Experience Requirements |
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| Experience | Generally, good management skills, good people skills and good team building skills combined with the drive to succeed and a passion for delivering uncompromising customer service are valuable in managing a My Dollar Store | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About MyDollarstore
Be independent but not alone.
If you’ve imagined running your own business and leaving
your job for more independence, putting your valuable experience and skills at
work towards your own benefit, exercising your creativity and
talent and having an impact on your
customers and community, MyDollarstore, Inc. can
make those imaginings real. Franchising
has become the most popular method for conducting
business because you're supported by a
network of similar businesses and yet independent.
According to the Houston Business Journal
(8-17-2000), franchise sales annually by more
than 316,000 Dollar Stores retail units in the USA have
surpassed $1 trillion.
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.