Great Canadian Dollar Store Franchise

Great Canadian Dollar Store Franchise

Great Canadian Dollar Stores are franchised retail locations that sell a wide variety of items at discount prices, usually between $1.00 and $3.00.

Retail
Min. Liquid Capital

$19,880

Min. Franchise Fee

$19,880

Total Number of Units

-

About Great Canadian Dollar Store

Great Canadian Dollar Stores provide customers with a stand-out discount shopping experience. All items are priced for value, with most costing only a couple dollars. The brand promises that all customers will receive excellent service from friendly, knowledgeable staff members. Customers can find a wide variety of products, including mass-produced items from international suppliers and unique selections created by local artisans and vendors.

Franchising Since

-

Company Units

49

Average Unit Revenue

-

Franchise Fees

Min. Franchise Fee

$19,880

Royalty Fee

-

Ad Fund Fee

-

Why Great Canadian Dollar Store?

A Great Canadian Dollar Store franchise can be a good choice for franchisees who wish to invest and work in the retail industry. The brand has grown throughout its 25-year history, and franchisees may find the opportunity to open one or more stores in locations throughout Canada. In some cases, franchisees may be able to begin operations in as little as two months.

The franchisor provides assistance to entrepreneurs throughout the process, including help selecting a location, ordering initial inventory, and finding new products. Franchisees may also have access to support for marketing, including meetings with other owners to discuss regional advertising topics. Franchise owners may also receive regular store visits from company experts to help improve performance.

Franchisees may choose the traditional route of constructing and opening a brand-new store. Many existing franchisees own and operate multiple locations, so this system could be a good choice for those who wish to expand operations into several stores. Additionally, there may be opportunities for franchisees who wish to purchase an existing store that's already in operation. The Great Canadian Dollar Store franchisor advertises the possibility of re-franchising stores in the Greater Vancouver area.

Ideal Candidate

Ideal candidates are entrepreneurs who have the desire to follow the Great Canadian Dollar Store system according to the franchisor's direction. The franchisor prefers candidates who wish to work as hands-on operators of their businesses. Franchisees should be willing to operate a business in an available Canada territory and should have the financial means to invest in developing a new store.

Initial Investment

$400,000 - $500,000

Min. Liquid Capital

$19,880

Net Worth Required

-

Benefits

The Great Canadian Dollar Store franchisor training program covers a variety of subjects, including inventory management, loss prevention, daily store operations, and point of sale systems. Franchisees may also be able to attend trade shows and receive information from the company on new products.

  • Training and Support
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