Want to learn more about Dollar Store Services?
Dollar Store Services offers the most complete and affordable store packages available. As you review our website, speak with our Store Development Specialists, discuss specifics with our experienced staff who have over 200 years of combined discount / dollar store experience, You will quickly understand the value inherent in our Dollar Store packages.
Financing Assistance, Site Location Assistance, Lease Negotiation Assistance, Training and Support, Operations and Complete Store Stocking and Build-Out, Merchandising Assistance, and Wholesale Support - There is an expert to assist you at every step of your dollar store's development.
With our “Turn-Key” package we will help you secure financing (if it is needed), find your location and negotiate your lease, provide complete and on-going training, supply all store fixtures and retail merchandise, as well as send out our experienced staff to build out your location professionally and quickly. You will also take part in some of the deepest carrier and vendor discounts in the industry that Dollar Store Services has already negotiated for you.
Some of the key focal points of our program include:
Before you you start down the road of opening a dollar store, opening a 99 cents only store, opening a buckstore dollar store, opening a liberty dollar store using liberty opportunities, opening a dollar general store, opening a family dollar store, opening a dollar tree dollar store or any other type of dollar store franchise business please look at our turn-key program first. Take advantage of the information in the expert videos on this page from our Dollar Store Industry experts and you will learn more about the exciting Dollar Store industry. You will see how our comprehensive Turn-Key system has every advantage over all other developers as well as the larger chain stores such as Dollar General, Family Dollar, Dollar Tree and 99 Cents Only stores. Most importantly you will never pay a royalty or franchise fee of any kind since WE ARE NOT A FRANCHISE!
While we are not a franchise our complete turn-key system has the high level of support and training that only the large and expensive franchise opportunities are offering. We will be standing by your side as you open the doors to your own Dollar Store and make your first sale. After we complete the build-out of your store and before we leave, you will have a good understanding of how to run your Dollar Store. You will have the direction and support you need to operate profitably for years to come without paying any ongoing royalties.
How many times have you said to yourself, "I am ready to open a Dollar Store!". At Dollar Store Services, we are always looking for new ways to help our clients start their own business and that starts with our expert team of financial advisors led by Steven Grammar the Director of Financing. Should you require financing, a professional advisor will evaluate your financial profile and guide you through the loan submission process. There are many different lending options available and with our knowledge in today’s market this can be very beneficial to you in securing financing for your project. We recommend that you finance your Dollar Store business opportunity through your local bank due to your established rapport with them. Generally, if a borrower can provide at least a prescribed down payment, your local banker can loan against equity available within the home to satisfy the remaining balance. You should speak with your local banking representative to determine what financial options are available to you.
In other cases, Dollar Store Services can advise and guide on how best to secure financing through a home equity loan or a certified SBA approved lender. SBA financing is one way to get the financing you need to get your Dollar Store up and running. We have access to many different sources of funding, both traditional and non-traditional. After reviewing your financial profile, our staff will recommend the most effective and economical funding path for your store project. We help you open a Dollar Store quickly, and are committed to assisting you in securing the financing you need for this tremendous opportunity, at the best rates available to you.
Our process focuses on enhancing our clients’ chances of gaining loan approvals. We consult with you in constructing a professional business plan including demographics, competitive analysis, and a resume. All of this, combined with Dollar Store Services’ experience and support will paint a positive “picture” for your lender and put you in the best position to achieve financing.
Real Estate Services:
Site Location and Leasing Assistance: The proper location for most retail stores is very important. In the dollar store business it is important for our clients to seek busy, high traffic areas and consumer walk by traffic areas with high foot traffic. Cities are broken down into four types, see the population center breakdown graphic to the right:
Each of these four different population centers have different demographic requirements.
For example, in a large metropolitan area the store should be located in a shopping center preferable with an anchor that generates sufficient traffic. However in a small community, often a main street location typically works well.
Examples of the criteria that may be important in selecting your location are:
Dollar Store Services has a professional staff of Leasing Managers. They have established relationships with Leasing Agents and Landlords, giving you preferential treatment and quick results. You start your own business with a preferred standing right away. In site location, Dollar Store Services assists the client in contacting viable shopping centers in the city, cities or large geographic area where the client wants to open a store.
We analyze each store location to ascertain if it meets our qualifications. This process includes traffic count analysis, demographics review and evaluation of the surrounding competition. We employ software programs from the largest companies in their field to verify the information is complete, up-to-date and unbiased. If questions remain about the location, we are always happy to send a representative personally to review the store sites and discuss the pros and cons of the most viable location with the client.
Once the proper location is identified, the Leasing Manager assigned to your project helps you negotiate your lease agreement to obtain the lowest possible rental rate, free rent period (including fixturization), tenant improvement allowances, etc.
As our Leasing Managers are experienced in assisting our clients in negotiating their lease, they identify and avoid frequent "pitfalls" in the lease. They work diligently to help you gain every lease advantage and protection. If our client is satisfied with the terms and conditions of the negotiation, the lease is drafted and reviewed. Only after all questions have been answered satisfactorily, does the client sign the lease.
Merchandising Your Dollar Store:
Value, variety, brand name recognized and the ability to secure new merchandise are the four critical variables that must be focused upon. Here is how we handle it:
VALUE - is only determined by physically seeing and touching the dollar store product, so we have a professional staff of Merchandise Buyers that travel on a regular basis to each of our key suppliers and personally inspect new products. Only high value products are accepted in our system and offered to our stores.
VARIETY - because of our stores' large volume of business, we are able to get some suppliers to ship in inner pack quantities. So, instead of shipping 144 pieces of one item, in many instances, we can get 48 pieces of that item. This allows you to have a great variety of products in your store for the same amount of money, the more variety you generate, and the more sales you realize!
NATIONAL BRAND AFFILIATIONS - will provide the store instant name recognition and added consumer confidence. In most communities we are able to facilitate relationships with a number of nationally recognized product lines included as part of the store’s merchandise. Local companies representing brands such as; Coke, Little Debbie, Pepsi, Frito Lay, 7up, Dreyers and others provide displays and products.
NEW PRODUCTS - you are contemplating entering the variety store business where your customers expect to see lots of new merchandise every time they come into the store. You want to create a fun and dynamic shopping experience that will bring your "treasure hunting" customers back again and again. Why? To see what's new, of course! Because of our extensive network of over 75 suppliers we can usually add 200 - 300 new products EVERY WEEK!
Training and Support:
Once your lease is signed, Dollar Store Services’ Operations Manager will be in constant contact with every new store-owner. Together, they will coordinate the pre-build-out process, ensuring that all permits and licenses required have been addressed, and follow through with landlords and contractors to make sure that the store space is ready as quickly as possible. Members of the Operations Staff will work with you on the sourcing and design of your exterior signage, and later will coordinate the timely arrival of your opening orders; merchandise, equipment, and supplies.
Once the store space is ready, we send to the store site one of our Build-out Supervisors who will coordinate the build-out crew in the assembly and installation of fixtures, and the stocking of all merchandise. Store owners are encouraged to be available during the build-out process, as the Build-out Supervisor will be demonstrating various stocking techniques, set up of the cash registers, and freight processing. On the last day of the build-out, the store is ready to open.
The Build-out Supervisor will be there to ensure that the new owner is comfortable in their role as business owners. JW Imports, a wholesale company, will assign a representative to work with each new store-owner. They will provide detailed information regarding over 70 suppliers, including discounted pricing, freight concessions, and special promotions. A representative will also work with you on securing seasonal merchandise and assist you in selecting suppliers that can provide you, based on your geographical location, the most cost-effective purchasing opportunities. Your Wholesale Representative will contact you on a regular basis, and provide you with the weekly newsletter. The “Dollars & Sense” newsletter is full of information on exciting new merchandise as soon as it becomes available, and discusses topics such as how to get ready for upcoming holidays, tips from other retailers, and much, much more. Your representative will do a great job for you—just ask our references!
Many new store-owners have retail and management experience, or have owned businesses previously. For those that do not, customized, thorough training is available. Manuals, workbooks, and other materials are used to guide the store-owner through the operational aspects of running a retail business. This training typically begins several weeks prior to the build-out, and includes follow-up training support once the store has opened.
At the end of the first 30 days of each new store’s business, Dollar Store Services, Inc. offers to perform a formal review of the store. The Store Owner submits a video of the entire store; we review the video in conjunction with the daily sales records, purchasing log, advertising history, payroll information, and the first month’s Profit and Loss Statement. Our Senior Management Staff participates in this 30-day review in an effort to confirm the new owners understand the workings of their business and are headed in the right direction. Additionally, at this same time, we will provide each owner with a form and ask them to grade our performance in the many areas involved in the setting up of their new store; we welcome your suggestions.
Get on the road to owning your own exciting retail business!
Contact Dollar Store Services, Inc. today.
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