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| Your Dollar Store With More 102 - 1626 Richter St. Kelowna, BC, V1Y 2M3 Canada |
Submit an online form to receive information from Your Dollar Store With More.
|
Business Description
YOUR DOLLAR STORE WITH MORE targets a wide range of retail customers who are looking to purchase everyday products at a low prices. These customers want to save time and make their shopping dollars go farther. With a franchise that fits in with today's lifestyles, our franchisees are able to sell many$1 items, plus others priced higher, which allows them to create an exciting merchandise mix. We are also the only dollar store franchise in Canada that supports franchisees through a National Advert. Fund.
Franchisor Background
Year Established: 1998
Franchising Since: 1998
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: Alberta
Financial Requirements
Average Number of Employees: 4 Full-time, 4 Part-time
Space Needs (in square footage): 3,000-10,000
Preferred Sites: Storefront, Strip Center, Regional Mall
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
YOUR DOLLAR STORE WITH MORE targets a wide range of retail customers who are looking to purchase everyday products at a low prices. These customers want to save time and make their shopping dollars go farther. With a franchise that fits in with today's lifestyles, our franchisees are able to sell many$1 items, plus others priced higher, which allows them to create an exciting merchandise mix. We are also the only dollar store franchise in Canada that supports franchisees through a National Advert. Fund.
Franchisor Background
Year Established: 1998
Franchising Since: 1998
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 180 | 97.8% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 4 | 2.2% | |||||||||||||||||||||||||||||
Total Operating Units: | 184 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Saskatchewan | 26 |
| 2. British Columbia | 62 |
| 3. Alberta | 58 |
Registered in Following Registration States: Alberta
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $100K |
| Cash Investment: | $75-200K |
| Total Investment: | $150-400K |
| Average Total Investment: | $275K |
| Fees: | |
| Initial Franchise Fee: | $20K |
| Average Franchise Fee: | $20K |
| On-Going Royalty: | 4% |
| Average Royalty: | 4% |
| Advertising Fee: | .5% |
Space Needs (in square footage): 3,000-10,000
Preferred Sites: Storefront, Strip Center, Regional Mall
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 4 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 4 | ||||||||
| Personal Interview(s): | 4 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 10 Year(s) | ||||||||
| Term of Renewal Period: | 10 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | Yes, Member | ||||||||
| Size of Corporate Staff: | 15 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | No | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Franchisee's Store Location | 1 Week (5 Business Days | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Your Dollar Store With More.
|
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