Dollar Store Discount Franchises

One thing about dollar store franchises is that they take care of the growing requirements of cost-conscious consumers. In a way, you can call this giving back to society. The industry provides a convenient place where consumers can easily access everyday items at a very pocket-friendly price. Additionally, the franchises save consumers a lot of time because they provide a one-stop shopping experience and this is one of the things that consumers crave in the modern day. Therefore, if you are looking for a potential investment opportunity, a dollar store franchise can make a perfect option. It deals with a wide range of products which are both timeless and trendy. Between dollar stores, mass merchandisers and supercenters, there used to be a gap that is almost non-existent in the modern day. Studies have shown that out of all consumer packaged goods in the United States, around 65 percent of the goods were bought from dollar stores by September 2014. Particular research conducted in the year 2011, generated a report that showed that dollar stores dealing with consumable products and grocery had annual sales amounting to $24.03 billion in that particular year. Therefore, you can be sure that there is a large market that requires the services of dollar stores in the U.S. Dollar stores are low-priced and value-oriented stores that offer inexpensive household products, general merchandise, and groceries that appeal to budget-minded consumers and low-income shoppers. Most of the time, you will find these stores in areas occupied by smaller communities, where Walmart’s is a little too big for them. The low priced items in price-point retailers or dollar stores mainly feature the same price. This industry is massively growing throughout North America and in the United States. Consumers are always on the lookout for the best deals on the market and this is a fact that is not about to change. This is regardless of whether they want to buy household items or foodstuffs. Customers will always look for a means to save some money in this ever-rising economy. For this reason, the dollar store franchise industry is a growing market whose potential is still untapped. There is a wide range of products that you can deal with within this industry. Some of these products include grocery items, health and beauty products, grocery products general merchandise, general cosmetic, seasonal items, alcohol, magazines, tobacco and greeting cards among other things. However, with dollar stores, you do not have to specifically deal with one category of products. You should sell any product that your buyers are looking for. Dollar stores that sell consumables and groceries do not deal with toys, clothing, knickknacks, footwear, jewelry, electronics, sporting goods, hardlines, and prescription drugs. Here are some important points of information to research before you decide on which Dollar Store franchise is best for your situation. 1. Check out all the other franchise locations and other types of Dollar Store franchise market competition in your area. 2. Research each Dollar Store franchise and list the services they offer and specialize in to determine the best fit for you. 3. Review each Dollar Store franchise and make a chart that includes franchise fees, startup cost, cash investment, etc. 4. Call and talk with current franchise owners and get their opinion on the pros and cons of the different franchise options. At Franchise Clique, we are proud to present a variety of Dollar Store franchise opportunities in our listings. Find your next investment today!