How much does it cost to own a dollar general

Dollar Store Services Franchise Opportunities

Dollar Store Services franchise is a chain of popular retail stores. It was founded in 1992 and from the very beginning the business has been thriving. Nowadays, there are 3,000 franchise enterprises which operate under brand name. As the demand for their services is still high, the company is constantly looking for new franchisees. Today there are several Dollar Store Services franchise locations available for sale in the USA, Latin America, Europe, and Africa. If you joined the company, you would receive not only a profitable concept and a well-known brand name but also their proven business model, trainings, supplier network and other support. Run through the investment information to learn their requirements.

How to open the Dollar Store Services franchise?

1. Ensure you have adequate capitalization.
   In order to open the Dollar Store Services store franchise, you must have a net-worth of $50,000.
2. Appreciate the investment required for a store franchise.
   You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
3. Evaluate your prior experience and strengths.
   You do not need prior business experience before applying to become a Dollar Store Services franchise owner. Their training is extensive and complete. After your training, you will be fully prepared to operate your store.
4. Assess market availability.
   You will want to look at the market availability for Dollar Store Services franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
5. Submit your application.
   Your application will be reviewed by the Dollar Store Services franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
6. Receive approval & opening your Dollar Store Services franchise.
   You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.

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How much does the Dollar Store Services franchise cost?

Dollar Store Services has no franchise fee and royalty fee, with a total initial investment range of $76,900 to $366,900.

Net-worth Requirement: $50,000
Liquid Cash Requirement: $30,000

Dollar Store Services Initial Investment

Initial Investment: $76,900 – $366,900.

Ongoing Fees

Initial Franchise Fee: N/A
Ongoing Royalty Fee: N/A

Are you interested in starting Dollar Store Franchise in the USA, Canada, Latin America, Asia, Europe, or Africa?

We provide estimated franchise costs for some countries:

• - In the United States, the total investment to start the Wyndham Hotels and Resorts is around $120,400 to $123,800.
• - In the United States, the total investment to start the Dollar Store is around $76,900 to $366,900.
• - In Canadian dollar, the investment comes around Can$ 95,100 to Can$ 453,700.
• - In Mexican currency, the investment comes around Peso 1,54 - 7,33 million.
• - In Indian currency, the investment comes around Rs 0.57 crores to Rs 2.73 crores.
• - In currency of the United Kingdom, the investment comes around British pound sterling 55,300 to 263,800.
• - In Pakistani rupee, the investment comes around PKR 11,87 - 56,63 million.
• - In Philippine peso, the investment comes around Php 3,73 - 17,78 million.
• - In currency of Australia, the investment comes around AUD 99,000 to AUD 472,500.
• - In currency of Germany, the investment comes around EUR 63,600 to EUR 303,450.
• - In United Arab Emirates Dirham, the investment comes around AED 282,400 to AED 1,347,700.

Dollar Store Services website: www.dollarstoreservices.com

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On This Page

1. Buying a Dollar Store Franchise Rate Quotes
2. Cost to Start a Dollar Store Franchise
3. Cost to Own a Dollar Store Franchise
4. Dollar Store Franchise Financing
5. Use Our Free Service and Find Business Franchise Consultants Near You

CostOwl.com note: Interested in opening a franchise at an affordable price? Fill out the 30 second questionnaire below and our business franchise partners will send you free price quotes.

Buying a Dollar Store Franchise Rate Quotes #

As consumers have continued to become more price savvy, dollar stores have grown in popularity. After all, who doesn't love a bargain? Dollar stores are popular places to shop in all economic climates. But, unlike other retail stores, they don't suffer during a recession! In fact, consumers turn to them more often in hopes of saving some cash.

In 2010 alone, the dollar store industry raked in more than $53 billion in revenue. Becoming a dollar store franchise owner provides a great opportunity to tap into that ever-expanding market.

Initial startup costs begin at about $25,000 to $50,000 and range up to $300,000 or more. That covers most everything you'll need to get started, including inventory, the initial lease, fixtures, signs, office equipment and grand opening advertisement. It also covers the initial franchise fee - essentially the cost of using the company's name - which generally ranges from $20,000 to $30,000.

• Liberty Dollar offers complete startup packages ranging from about $25,000 to $275,000, depending mostly on the square footage of the store. The price includes inventory, freight, furniture, fixtures, training and access to the company's buying network, among other things.
• Just-A-Buck requires a total initial investment of $130,000 to $230,000. The initial franchise fee accounts for $25,000 of that. The chain requires owners to have at least $50,000 in liquid capital. A 10-year franchise commitment is also required.
• Dollar Discount Stores of America requires a total startup investment of $73,000 to $146,000. Owners must have at least $20,000 in liquid capital, as well as good credit and collateral.

Cost to Own a Dollar Store Franchise #

In addition to the startup costs, you'll also be expected to pay recurring fees known as royalties. Royalties pay for continued use of the brand name, as well as advertising and other support from the parent company.

Most dollar store franchises collect royalties based on a percentage of your gross revenues. The fees are assessed weekly, monthly or annually. Just-A-Buck, for example, charges 4 percent of your gross revenues for royalties and another 2 percent to cover advertising costs.

Dollar Store Franchise Financing #

If you don't have hundreds of thousands of dollars in the bank to start a dollar store, consider one of the many financing options. You can secure a loan through your local bank, a lender that specializes in franchise financing, or the U.S. Small Business Administration.

Most dollar store franchises will be able to walk you through all of the financing options and suggest what's best for your situation. However, you will still be required to come up with a significant sum of cash to start the business - usually at least $20,000 to $50,000.

Use Our Free Service and Find Business Franchise Consultants Near You #

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