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Updated RecentlyDollar World Franchise
Dollar stores
NO LONGER FRANCHISING
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How much does it cost to open a Dollar World Franchise?
The investment required to open a Dollar World Franchise is between $99,000-$150,000. There is an initial franchise fee of $15,000 which grants you the license to run a business under the Dollar World name.
Individual Unit Costs
- Initial Investment:
$99,000-$150,000 - Initial Franchise Fee:
$15,000 - Royalty Fee:
3% - Advertising Fee:
- Term of Agreement:
5 years - Renewal Fee:
$500
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When did Dollar World start Franchising? 2003
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2004 | 18 | 0 | 0 | 0 |
| 2003 | 10 | 0 | 0 | 2 |
| 2002 | 0 | 0 | 0 | 10 |
| 2001 | N/A | N/A | N/A | 8 |
| 2000 | N/A | N/A | N/A | 5 |
United States: Illinois, Indiana, Michigan, Ohio, Wisconsin,
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Ad slicks
Number of employees needed to run franchised unit: 6
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)
Business Experience:
To calculate how much income a franchise owner can do at Dollar World Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Legal Disclaimer: This information is not a franchise offering for Dollar World and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Dollar World franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Dollar World
Dollar World
5224 Rich St.
Allendale,
MI
49401