FAQ
Questions about opening your own Great Canadian Dollar Store? We’re here to help. Read through our most frequently asked questions, below – and if you can’t find the answer to your question, call us to chat.
- How do I become a franchise member?
Becoming a franchise member is as easy as 1, 2, 3. Read our How It Works page to learn about our three-step process and the extensive support we offer our franchise members before, during and long after they open their doors. If it sounds like the right fit for you, contact us to learn more.
- How much does it cost to open a store?
Costs vary, depending on the location, size and condition of the space we are looking at. For every location we consider for you, we will work together on a cost analysis. Your total estimated investment could range from $400,000 to $500,000 for a typical 5,000 square foot store.
- What are the fees to become a franchise member?
Our initial Franchise Fee is $20,000.00, plus applicable taxes, as well as a monthly royalty fee of 4% on gross monthly sales.
- What support do I get when I open a store?
We start with finding your store location and work with you to negotiate the lease. After the construction phase and store layout plans are completed, the product is ordered and we prepare your store for Grand Opening!
Our support doesn’t stop after the Grand Opening!
Your access to a vast amount of information on our members-only intranet and your introduction to industry tradeshows and regional meetings are a few tools at your fingertips to support you and grow your business. - What do you look for in a franchisee?
Our most successful franchisees are hands-on and actively involved in their business and their community. If you have an entrepreneurial spirit and you’re driven to succeed, we could be the right fit. Your drive and positive attitude mean you’re open to asking for help and learning how to improve the operation of your store. You’re a natural leader who likes to play on a team and you’re committed to the community in which you live, work and play. Read our five things you should know before you apply to learn if we’re the right fit.