MyDollarstore Franchise

Dollar Store

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Be independent but not alone. If you ve imagined running your own business and leaving your job for more independence, putting your valuable experience and skills at work towards your own benefit, exercising your creativity and talent and having an impact on your customers and community, MyDollarstore, Inc. can make those imaginings real. Franchising has become the most popular method for conducting business because you're supported by a network of similar businesses and yet independent. According to the Houston Business Journal (8-17-2000), franchise sales annually by more than 316,000 Dollar Stores retail units in the USA have surpassed $1 trillion.

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$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


It's time to give yourself permission to build your days around what's important to you! You're in Control!
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Please Note: The operators of MyDollarstore, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official MyDollarstore website.

How much does it cost to open a MyDollarstore Franchise ?

The investment required to open a MyDollarstore Franchise is between $95,000 - $298,000 . There is an initial franchise fee of $15,000 which grants you the license to run a business under the MyDollarstore name.

Individual Franchise Costs

  • Initial Investment:
    $95,000 -
  • Initial Franchise Fee:
    $15,000
  • Royalty Fee:
    4%
  • Advertising Fee:
    0
  • Term of Agreement:
    10 years
  • Renewal Fee:
    nominal renewal fee

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

MyDollarstore Growth History

When did the first MyDollarstore open? N/A
When did MyDollarstore start Franchising ? N/A

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


How much does a MyDollarstore Franchise owner make?

How much money you could make as a MyDollarstore Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a MyDollarstore Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$15,000 - $298,000
Initial Franchise Fee
$15,000
Royalty Fee
4%
Advertising Fee
0
Term of Agreement
10 years
Renewal Fee
nominal renewal fee
MyDollarstore Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for MyDollarstore 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 recomend that anyone seriously interested in pursuing a MyDollarstore franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.