Start-Up Costs and Fees |
||
| MyDollarstore | Just-A-Buck | |
| Investment | 95000 - 298000 | 140000 - 250000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 4% |
| Advertising Fee | 0 | |
| Year Founded | 0 | 1988 |
| Year Franchised | 0 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| MyDollarstore | Just-A-Buck | |
| 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 |
||
| MyDollarstore | Just-A-Buck | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| MyDollarstore | Just-A-Buck | |
| Training | ||
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Ad slicks | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| MyDollarstore | Just-A-Buck | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| MyDollarstore | |
| Just-A-Buck | |
| Franchise Fee | |
| MyDollarstore | |
| Just-A-Buck | |
| Royalty Fee | |
| MyDollarstore | 4% |
| Just-A-Buck | 4% |
| Advertising Fee | |
| MyDollarstore | 0 |
| Just-A-Buck | |
| Year Founded | |
| MyDollarstore | 0 |
| Just-A-Buck | 1988 |
| Year Franchised | |
| MyDollarstore | 0 |
| Just-A-Buck | 1992 |
| Term Of Agreement | |
| MyDollarstore | 10 years |
| Just-A-Buck | 10 years |
| Renewal Fee | |
| MyDollarstore | nominal renewal fee |
| Just-A-Buck | |
Business Experience Requirements |
|
| Experience | |
| MyDollarstore | 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 |
| Just-A-Buck | |
Financing Options |
|
| Franchise Fees | |
| MyDollarstore | |
| Just-A-Buck | |
| Start-up Costs | |
| MyDollarstore | |
| Just-A-Buck | |
| Equipment | |
| MyDollarstore} | |
| Just-A-Buck | |
| Inventory | |
| MyDollarstore | |
| Just-A-Buck | |
| Receivables | |
| MyDollarstore | |
| Just-A-Buck | |
| Payroll | |
| MyDollarstore | |
| Just-A-Buck | |
Training & Support |
|
| Training | |
| MyDollarstore | |
| Just-A-Buck | |
| Support | |
| MyDollarstore | |
| Just-A-Buck | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| MyDollarstore | |
| Just-A-Buck | Ad slicks |
| Operations | |
| MyDollarstore | |
| Just-A-Buck | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| MyDollarstore | |
| Just-A-Buck | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| Canada Expansion | |
| MyDollarstore | |
| Just-A-Buck | |
| International Expansion | |
| MyDollarstore | |
| Just-A-Buck | |