Dollar Store Business Plans

Next to finding the perfect dollar store location, filling your dollar store with the perfect, demographically appropriate mixture of products and product categories is the most important step in your dollar store business plan. Many dollar store business plans focus almost entirely on the opening of a store, but a truly balanced and savvy dollar store business plan will focus on a store’s long-term success. Your dollar store’s opening day will only last for 24 hours; the dollar store itself will hopefully last for years or even decades to come.

Dollar Store Merchandise provides what amounts to a blueprint for dollar store success. With more than 60,000 items at any given time, organized in more than 40 categories, Dollar Store Merchandise will supply your store with every type of product item you or your customers could possibly want. It’s no surprise that more than 3,500 dollar stores in the United States and abroad rely on Dollar Store Merchandise to supply them with high-quality, low-cost goods.

Old-fashioned dollar store business plans may advise store owners to develop relationships with jobbers, distributors, and other middle men. A modern dollar store business plan, however, will point to only one vital alliance: the relationship of dollar store owner to dollar store merchandise supplier.

Once your store is up and running, with POS machines, shelving, and logo signs in place, the bulk of your work will consist of stocking your store. By dealing directly with the merchandise supplier and cutting out all those middle men, you’ll save both time and money.

Approximate time in processing the customized site analysis is 2 to 3 days; demographics reports, projections estimates and business plan, may take 3 to 5 business days.

Once this is completed, the client makes an appointment with our accounting department for the first conference call to complete the Projections Estimate Templates and the second conference call to complete the Sample Business Plan.

Please Read and download our (Service Agreement Form-Click-Here)

Upon payment you will receive our Templates, which we will fill out together, and a questionnaire so we can start pulling the data on your area too:

Our Services include:

a) Projections Estimate Template (Microsoft Excel format) includes also a 2 to 3 hours conference call to review all data. For example Payroll, Payroll Taxes, Rent, Accounting, Advertising, Auto, Contract Labor, Dues / Franchise Fees, Equipment, Insurances, Legal Fees, Licenses, Others, Office, Supplies, Telephone, Utilities, etc will be reviewed.

b) Business Plan (Microsoft word format) includes also a 1 to 2 hour conference call to review all data. These include Mission/Vision, Company, Summary, Products, Market Analysis Summary, Competition / Competitors in the area, Operations Plan, Financial Plans, Critical Risks, etc.

c) Complete Demographic Analysis of the area for Store & Merchandise.

d) Survey of Potential locations for a general merchandise store.

e) Upon Securing the location; merchandise information, pricing, catalogs and full merchandise breakdowns according to store location and demographics will be sent.

The Questionnaire we need will ask for:

– Location Address.

– Total Square feet. (what will appear on the lease/rent or mortgage in case building will be purchased)

– Rent / Mortgage / Loan dollar amounts.

– Store type (i.e. dollar only or dollar plus store), for the profit margin scenarios:

When information has been received we will schedule the first conference within 72 hours.

The following is a sample of what will be covered during the Conference calls.

A) Startup Cost information (as detailed on our site too):

1- ALL Merchandise.

2- ALL Fixtures & Equipment (BRAND NEW or Used)

3- Complete Surveillance / Camera System.

4- Store Opening Accessories Package.

5- Point Of Sale System (s).

6- Professional Store Sound System (installation included).

7- Complete Build Out Store Assembly/ Onsite training for store operations and ordering.

8- Outdoor Sign.

…and 11 more details to cover all costs completely.

B) The information we need for the projections estimates will be:

1- Store Address.

2- Store Total Sq. Ft. (What will show on the lease)

3- Retail Space to be used (square feet).

4- If Rent applies, does the rent increase the following years ? (i.e. five year leases sometimes have a % increase every year, nationwide average is about 3% per year).

5- Business Hours store will open and we will suggest those too.

6- Manager Yearly Salary or Hourly. Will owner work too ? or have employees ??

7- How many employees, hours and wages of each.

…and 11 More questions also to be covered.

C) And for the Dollar Store Business Plan text content itself:

1- What background experience, skills, and strengths do you personally bring to this new venture?

2- Legal form of ownership: is the store a Sole proprietor, Partnership, Corporation, Limited liability corporation (LLC)?

3- Who will manage the business on a day-to-day basis?

3.1 What experience does that person bring to the business?

3.2 What special or distinctive competencies make this management unique ?

3.3 Is there a plan for continuation of the business if this person is lost or incapacitated?

…and 11 More questions to be covered too.

Once payment has been received, we start the process of sending the Templates, the questionnaire with instructions, and we then schedule the conference call with you ASAP to get the business plan completed !

Our Business Plans are very comprehensive and have been Nationally / Internationally utilized for the Dollar Store and Discount Store business since 1999 for SBA Loans, Grants, Financial Lenders, Banks, Investment Funds, and privately funded projects.

Please Read and download our (Service Agreement Form-Click-Here)

Buckstore Services

Below are Business Plan sample images.

*TEMPLATE *A computer document that has the basic format of something (such as a business letter, chart, graph, etc.) and that can be used many different times.
  • Costs vs Competitors
  • Full POS System
  • Buckstore Side Contact Form

    Best time to Call
    Size Store Desired (Sq. Ft.)
    Have you fund a suitable location?
    Where would you like to set up your store?
    Will you require financing?
    How soon would you like to open?
    Word Verification:
  • Success Stories

    The task of ordering this much inventory can be overwhelming for a first time retail business owner.

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