Dollar Discount Stores

Franchise Concept: Dollar stores
Actively seeking Franchisee's in: All US Regions

Dollar Discount Stores Franchises

Started up more than 20 years ago offering consumers a convenient way to shop for useful and attractive knick knacks, Dollar Discount Stores have quickly expanded into one of the United States most dependable retailer of inexpensive - and good quality - merchandise. The key to the Dollar Discount Stores\' success lies in the proven method of distribution and marketing. One side of this strategy brings together a quick response to the consumers needs so that franchisees are nearly always stocked with the right items at the right time. The second part of this approach applies a pro-active to consistently varying the product line, thus granting consumers the thrill of discovery that has made Dollar Discount Stores famous throughout the nation. That\'s right, with more than 150 locations across the country Dollar Discount Stores make up the biggest dollar store chain in the United States.

Due to the fact that clear cut lines of distribution and successfully independent retailers are an essential part of Dollar Discount Stores\' plan for success, franchising is an extremely compatible business strategy with this company. Along with a good portion of other businesses in the United States today, Dollar Discount Stores\' franchise strategy enables franchisees to have access to quality merchandise from the best suppliers that is also responsive to consumers\' seasonal needs. Strange as it may seem, putting distribution into a large scale system just like Dollar Discount Stores have done actually allows individual retailers to personalize their inventory to their customers\' needs. That\'s because the streamlined distribution creates products on demand, and maintains the top-competitor status of Dollar Discount Stores everywhere.

For those who are interested in setting up a Dollar Discount Store, the primary cost can fall between anywhere from about $100,000 to $200,000. While these initial requirements for investment are fairly standard in the franchising market, Dollar Discount Store understands that this amount can seem quite daunting. That\'s why they are willing to lend a helping hand to entrepreneurs who need that extra boost before getting started. With the normal costs starting, realistically, at around $140,000 - give or take some - for a good sized store, prospective franchisees are eligible if they can show about $30,000 in credit and an average of $55,000 of collateral. After that, Dollar Discount Stores can help provide the backing needed for obtaining a Small Business Administration (SBA) loan. Alternatively, Dollar Discount Stores can help eager franchisees loan money from money lenders in the area, as well.

However, Dollar Discount Stores do not stop after providing loan assistance. That\'s because they are committed to the success of their franchisees, and therefore provide crucial assistance in other areas of business planning. One important decision that needs to be made at the outset of a Dollar Discount Store franchise is the location of the site. Location selection is provided by the company\'s real estate department. Furthermore, the organization offers valuable training courses in the Dollar Discount Stores\' Philadelphia, PA headquarters. Here, new franchisees will have access to best information on everything from product layout schemes and fixture design to advertising for the grand opening. After training, the company provides staff to assist new owners with the initial process of opening so that the whole process goes smoothly.

Franchise Information

Financial & Terms

Minimum Net Worth
Equity/Liquid Capital
Min Total Investment	$199,000 to $199,000
Initial Franchise Fee
Ongoing Royalty
Advertising Fee

Contact Information

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