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1. Initiating the Store
Retail success lies in finding the right
location. US Dollar Store works side by side with its large nationwide network of
commercial real estate professionals who assist you in identifying the suitable
locations and selecting the best.
The collaboration services include
assessing potential locations, assisting in site selection, negotiating for your lease
and its terms, and any other details relating to renting or owning your store.
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2. Is the Franchise Bound to have US Dollar Store Guide the Whole setup
We assist you in finding suitable location,
negotiating your lease, designing your layout, furnishing the interior of your store with all
necessary fixtures, opening inventory, cash counters, cash registers, hardware and software
etc.
We provide you with complete "Work it Yourself"
instructions of how to setup the store at low cost. This includes free store layout, free product
plan-o-grams, fixtures at cost from the manufacturer, and providing all necessary consultation at
no extra cost.
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3. Can an existing retail store be converted to a US Dollar Store
Yes, this is really possible. We will evaluate your
existing store and tell you what modifications, if any, would be necessary to convert your existing
location into a US Dollar Store. You may even have a part of your store area allocated for US Dollar
Store.
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4. After Commencing how do we buy merchandise regularly
Besides receiving monthly updates on products, our
merchandising department will be available to you and keep you informed with catalogs, newsletters,
special deals, closeouts, and monthly re-order forms from top quality merchandise vendors in the
marketplace and in each specific category.
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5. Can any Person own a US Dollar Store franchise
All candidates are interviewed and evaluated,
because Big bucks come with big responsibilities.
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6. Investment Required
Approximately $60,000 to $1,80,000, depending upon
the size and leasehold.
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7. Expected Earning
Approximate margin is 18% to 20% .The actual numbers
will vary from store to store.
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8. Advertising fee
US Dollar Store does not charge any advertising fee
as such. We recommend having a common pool and owners spend a certain percentage of revenue for marketing
in their local area. We prepare a recommended quarterly marketing plan for owners for implementation in
their local market and at national level.
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9. Term of the franchise agreement
Ten years with an option to renew for another term of Ten
years for a nominal renewal fee and no franchise fee.
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10. Owning more than one store and cost of the other locations
We are Happy to assist you to get bigger. We encourage
existing storeowners to own additional franchises for untapped territories.
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11. Purchase of inventory
US Dollar Store owners are part of a large wholesale
buying group. Our wholesale division deals directly with some of the world's largest and best importers
and manufacturers of low-priced merchandise. You can get everything you need anytime within the listed
categories to stick to the single price concept for all products.
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12. Training Required
US Dollar Store, will offer on-the-job training through
Associates or one of our area franchise stores.
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13. Assistance in finding and negotiating leases
US Dollar Store will approve a location of your choice
or help in finding a location and also assist you in lease negotiations, if required.
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14. Opening Support
US Dollar Store will provide comfortable opening support.
Our professionals will be on site at the end of the construction to set up merchandise and assist in
opening the store.
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15. Layout and construction support
US Dollar Store, will advise, assist and approve your
store leaseholds and layouts.
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16. Reselling of store
Yes, the new franchise must be approved through the
same system that you have been through.
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17. Territory Protection
Yes, you have the right to operate the only US Dollar
Store in a particular area as defined by the franchise agreement.
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18. Step for owning a US Dollar Store franchise
Follow these simple Steps:
- 1. Have interest
- 2. Have enough capital
- 3. Go through the entire web site
- 4. Write to us for clarifications and details
- 5. Contact us
and request for a latest news or brochure
- 6. Complete net worth statement and return
- 7. Complete a personal profile and return
- 8. Arrange an interview
- 9. Identify suitable location and get it approved
- 10. Secure location and get franchise with deposit
- 11. Negotiate lease / purchase property
- 12. Do leaseholds
- 13. Set-up the US Dollar Store
- 14. Purchase Inventory
- 15. Place Merchandise in the store and open
- 16. You have now become a successful family
member of US Dollar Store and in your prosperity lies the prosperity of
US Dollar store.
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