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Wednesday
May122010

Dollar World Franchise

Dollar stores

Start-up Costs & Franchises Fees

What is the total cost to open a Dollar World Franchises?

Total Cost: $99,000 USD -$150,000 USD
Total Franchise Fees: $15,000 USD
Ongoing Royalty Fees: 3%
Ongoing Advertising Fees:
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: $500

Contact Information for Dollar World

Dollar World
5224 Rich St.
Allendale, MI
49401

Phone Number: (616)895-9980
Fax Number: (616)895-9982

Franchise Homepage:

Historical Expansion

In what year did Dollar World begin operations? 1997
When did Dollar World begin selling franchises? 2003

Year United States Canada International Corporate
2004 18 0 0 0
2003 10 0 0 2
2002 0 0 0 10
2001 Not Available Not Available Not Available 8
2000 Not Available Not Available Not Available 5

Future Expansion

United States: Illinois, Indiana, Michigan, Ohio, Wisconsin,

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No Yes
Initial Start-up Capital No Yes
Plant, Property, and Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Training & Support

Support
In the Pressletter, Meetings, Grand opening support, Internet referrals, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks

Franchise Operation Restrictions

Number of employees needed to run franchised unit: 6

Absentee ownership of franchise is allowed. (80% of current franchise business owners are owner/operators)

Qualifications & Business Experience

Business Experience:
  • General business experience
  • Franchise Analyzer Professional's Inside Information

    Can you buy this franchise for no money down? Yes
    What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
    Can you negotiate lower royalties during start-up? Yes
    Can you purchase multiple franchises for a discounted franchise fee? Yes
    Can you receive lower advertising fees? Yes
    Will I know when the franchise break even? Yes
    Will my personal assets including my home be safe in case my franchise business fails? Yes
    Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.