How much to open a dollar tree


Start a Dollar Store Services Opportunity, 2022 Costs & Fees

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What Does a Dollar Store Services Opportunity Cost?

To buy an opportunity with Dollar Store Services, you'll need to have at least $40,000 in liquid capital. Owners can expect to make a total investment of at least $87,900. They also offer financing via 3rd party as well as a discount for veterans (10%). *

Requirements

Financial requirements for this opportunity:

Liquid Capital: $40,000
What does Liquid Capital mean?
Total Investment: $87,900
What does Total Investment mean?
Misc. Costs: Minimal Working Capital Required

Options

Options available to owners:

Financing: Via 3rd party
Training: Available
Veteran Discount: 10%
Misc. Options: Lenders can often secure 100% financing, including working capital

Company Details

Facts about this opportunity:

Total Units: 4000
Year Founded: 1992

* This information may have changed since first published. We recommend that you always verify fees, investment amounts, and offers with the business opportunity directly prior to making a decision to invest.

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How Much Does Dollar Tree Franchise Cost In 2022?

Dollar stores have been some of the leading retail businesses that offer quality products for as low as $1.00. If you are considering starting your own dollar franchise, knowing how much does a dollar tree franchise cost will be a perfect starting point.

The Average Cost of a Dollar Tree Franchise

Because of the similarity in the names, people misconstrue Dollar Tree as the same as Dollar General. Please note that they are completely different companies. However, at one point, they competed against each other to acquire Family Dollar, which is another popular American variety chain of stores.

So, the Dollar Tree franchise cost should not be misunderstood as the same as that of the Dollar General franchise cost. The typical franchise fee for dollar stores is between $25,000 and $300,000, with a minimum upfront investment of $63,000.

This cost will normally cover everything that you would need to start up your business, including the initial lease, fixtures, signs, office equipment, and inventory. This also includes the initial dollar franchise fee for using the company’s name, which averages from $20,000 to $30,000.

Unfortunately, Dollar Tree does not offer dollar store franchise opportunities as of the moment. However, since Dollar Tree continuously expands, it is possible that it may begin to franchise stores anytime soon.

Until you can obtain a Dollar Tree franchise, perhaps, owning a General Dollar franchise could be your best alternative. Other popular price point stores include 99 Cents Store, Liberty Dollar, and Just-A-Buck, among others.

Additional Costs

Make sure that you check what comprises the franchise you intend to avail of to be able to plan or budget what needs to be financed. This is because some cheaper dollar franchise packages do not include everything that you might need to start your operation.

Therefore, be sure to inquire whether the essential costs will be included or not. Some of these are rental deposits, utility bills for the first two months, store fixtures, display counters, cash registries, and licensing fees for your business, among others.

Nevertheless, the following costs are typically what you expect to spend outside of your startup cost for almost all dollar store franchise offerings:

  • Royalty Fee

The franchise fee can be treated as an initial cost, so you can be allowed to start a business using a particular brand. However, to keep that permission within the franchise term, you are required to pay a sort of “membership fee” called “royalty”. 

Royalty fees are payments for using the brand name, including advertising and some other support from the main store or mother company. Most dollar store franchises will collect a percentage of your gross revenue.

  • Location Cost

The location cost and the actual area are significant parts of the total cost of dollar store franchise. If you plan to put up a franchise in places where the cost of living is very high and you are eyeing a massive store, expect to spend a really expensive amount.

The average area would be 1,000 square feet and would cost you around $40,000 to $50,000. However, you can go as far as 10,000 square feet or higher, and this might cost around $250,000 to $350,000.

  • Marketing Cost

Being a dollar store in itself is enough to draw customers wanting a bargain but quality item to buy. However, it is essential to let people know that your business exists in the first place.

As a rule of thumb, small companies earning less than $5 million should spend 5% to 8% of their revenue on marketing. Being a franchisee significantly reduces this since you are under the umbrella marketing of the mother company.

Nevertheless, introducing your business to the public yourself can come in handy. It never hurts to print out and distribute some flyers so that the neighborhood can be alerted of a new dollar store opening. You may also find using social media useful by creating your own company page where you can conveniently promote your products.

Franchise Cost Comparison

Dollar store franchise is definitely a good business considering the market situation nowadays. This is because the franchise cost is way cheaper compared to all the other franchise deals currently on the market.

Below are some of the prominent dollar stores in the US that you can consider franchising:

  • Buckstore offers a turnkey package for $40,000. For a “Dollar Only” store model, expect to pay $49,900 for 1,000 sq.ft. up to $219,900 for 10,000 sq. ft. On the other hand, pay around $54,900 to $339,000 for the same range of square footage for a “Dollar Plus” store model.

The package prices would include all merchandise, fixtures and equipment, a complete surveillance system, store opening accessories, office supplies, a completely built out store assembly, on-site training, a professional store sound system, and inventory materials.

  • Liberty Dollar requires about $25,000 to $275,000 for a franchise. Prices depend on the square footage of the target store. The price already includes the furniture, fixtures, inventory, and training, together with access to the company’s buying network.
  • Dollar Discount Stores of America offers a total start-up investment of around $73,000 to $146,000. However, owners should have at least $20,000 in liquid capital, including good credit and collateral.
  • Just-A-Buck start-up franchise capital is $130,000 to $230,000 with a franchise fee of $25,000 and a liquid capital of $100,000. This already includes everything needed to start the business, including the financing, training, and opening support.

Start Your Dollar Store Franchise Business

Obviously, not everyone who wants to start a business automatically has hundreds of dollars to start with.

If you want to start your own dollar store franchise but do not have the actual amount of capital to start your franchise, you might want to consider getting help from different financing options. Aside from securing a loan through a local bank, there are also different lending corporations that specialize in franchise financing, or maybe you can try the US Small Business Administration.

Almost all dollar store franchises will be able to extend a hand and help you through all the financing options and can even recommend what’s best for your situation. However, for starters, you will still need to come up with cash to start your business, which usually ranges from around $20,000 to $50,000.

You might want to consider consulting a financial advisor that can help you build a picture of what you can truly afford and is feasible – not only the franchise cost but also including the actual business set-up.

home care, photo, varieties, transplant, flower diseases

Discovered in the tropical forests of Africa, the handsome Zamioculcas attracted the attention of botanists with its juicy fleshy leaves. In recent years, it has become very popular, especially after it became known that, according to Feng Shui, this flower brings good luck and financial well-being to the owners. Then he was quickly nicknamed the dollar tree and began to give for birthdays, holidays, decorate offices.

The genus Zamioculcas belongs to the Aroid family (Araceae). And there is only one species in it - Zamioculcas zamiifolia (Zamioculcas zamiifolia) (1). However, other species can be found in the literature. For example, lanceolate zamiokulkas (Zamioculcas lanceolata) - at 19In the year 29, it was described by the German botanist Gustav Peter, but at the moment it is attributed to Zamioculcas zimyelous. And Zamioculcas Boivin (Zamioculcas boivinii), which was described in 1870, is now generally attributed to a different genus - gonatopus (Gonatopus boivinii).

This plant was first described in 1829. However, it became widespread quite recently - in 1996 (2), when Dutch nurseries actively began to propagate it.

With good care, the dollar tree reaches a height of 1 m or more. It blooms quite rarely, besides, its cob of light pink or light yellow color is not particularly decorative. But the fleshy dark green leaves are able to please all year round. 9 told us about the features of this plant0009 Tatyana Zhashkova, chairman of the Moscow Flower Growers club, collector of ornamental flowering plants.

9001

Bug. This is the smallest of all existing varieties - its height does not exceed 30 cm. Its petioles are leafy from the very base, the leaves are dark green in color.

Zamicro. The very first undersized hybrid obtained by breeders in 2007. The height of the bush is about 60 cm. The leaves are much smaller than those of species plants.

Zenzi. Another undersized variety - its height also does not exceed 60 cm. Leaf petioles are strongly thickened at the base, and the leaves themselves are dark green in color. The variety does not tolerate waterlogging - it must be watered very carefully.

Lucky. Its main feature is the perfectly rounded shape of the leaves. A plant up to 55 cm high, grows very quickly - with good care, it reaches the size of an adult plant in just a few months.

lucky white. This is the best known cultivar of the variegated series. Its leaves have a beautiful marble color - cream and yellow spots and strokes are scattered over a green background. The plant is compact, 30 - 40 cm high.

Super Nova. This variety is a luxurious giant up to 1.5 m high. Its petioles are powerful, with an abundance of emerald green leaves.

Black Raven. Its leaves and shoots are so dark in color that they appear black from a distance. At the same time, young leaves are painted in light green color. The plant looks very extravagant! The bush reaches a height of 75 cm.

Caring for a dollar tree at home

In general, Zamioculcas is an unpretentious plant, but there are several growing features that need to be taken into account.

Soil

Zamioculcus is a succulent plant, so soil marked “for cacti” is suitable for it.

But you can prepare the soil yourself. The ideal option is a mixture of leaf and sod land, peat and sand in a ratio of 1:1:1:1. It is useful to add small pebbles and pieces of charcoal to it.

Temperature

During active growth, the air temperature should be at least 18 °C, but optimally - 25 °C. But in winter, the plant has a dormant period, and at this time it needs coolness - around 16 ° C.

Lighting

Dollar tree loves plenty of light, but does not tolerate direct sunlight - they can cause leaf burn. In summer, this plant feels great on a glazed loggia, provided that the sun does not shine directly on it.

Humidity

Zamioculcas has a tuberous root, it is able to store water, therefore it easily tolerates underwatering and drought. Quietly lives without watering for up to 2 weeks - you can safely leave it when going on vacation, or leaving the office for a long vacation.

Zamioculcas is a plant that does not require special care. Photo: @mrlokeshtiwari, pexels.com

But he doesn't like overflows. If the water is in the pan, the tuber root may rot. Therefore, drainage and moderate watering are very important. Water only when the top layer of soil is very dry.

But at the same time, the dollar tree is very fond of moist air, so you need to spray it every day. Better yet, if it will be in a room where there is a humidifier. This is especially true in winter, when the plant is above the radiator.

Fertilizers and top dressings

Zamioculcas need top dressing only during the period of active growth - from April to September. It is best to use complex liquid fertilizers. During dormancy, it is not necessary to fertilize it.

Propagation of the dollar tree at home

There are three ways to propagate the dollar tree (Zamioculcas).

Tuber division. The dollar tree is most easily propagated by dividing the tuber. When transplanting an adult plant, the tubers are divided and planted in different pots. The pot for the separated tuber should not be very deep and not very large - about 3 - 4 cm wider than the rhizome.

Cutting. Cuttings are more labor intensive. First you need to find a kidney on a bare branch. Using a sharp knife, cut off the stem with a bud and shorten it slightly - there should be at least one leaf and a bud on the stem. The cut should be sprinkled with activated charcoal to disinfect from possible diseases. Dry the stalk for 5 - 7 hours (you can leave it overnight on the windowsill).

Pour vermiculite (a special mineral-rich substrate) into a small pot and deepen the cutting slightly. Water it every day for 2 to 4 weeks, during which time the cutting should give good roots. And then it can be transplanted to a permanent place.

Sheet. A simple but not always 100% result method. Moreover, it is very long. Separate a few small leaves from the branch, slightly deepen them in loose vermiculite, peat or other substrate. Moisturize it a little.

These "leafy" seedlings need good lighting. You can create a greenhouse effect for him by covering with a film. The tuber from the leaves is formed within a few months.

Transplanting a dollar tree at home

The roots of Zamioculcas are strong and powerful, they can easily break a plastic container, so it is better to plant it in a ceramic or clay container. The pot should be slightly larger than the previous one. Be sure to put a good layer of drainage on the bottom.

Transplantation should be carried out using the transshipment method, planting the plant in a new pot along with the old clod of earth. But make sure that the top tubers are slightly exposed, about 1 cm.

Important! The sap of the dollar tree is poisonous and can cause skin burns, so it should be transplanted with rubber gloves.

Dollar tree diseases

Root rot. The main problem of zamiokulkas is watering - with excess moisture, their roots rot. You can recognize the problem by withering shoots and yellowing leaves.

In caring for Zamioculcas, the most important thing is to water it properly. Photo: @shvets-production, pexels.com

You can save the plant if you start treatment at the very beginning. The first step is to remove the plant from the pot and remove the rotten roots. After that, the rest must be washed in a weak solution of potassium permanganate, dried and planted in a new pot with fresh soil.

Dollar tree pests

Spider mite. At the initial stage, the infection is not easy to detect - the pests are very small. But if numerous light dots began to appear on the leaves, it is clearly him. With severe infection, the plants are covered with cobwebs.

Kleschevit and Fitoverm will help to cope with the pest (3).

Aphid. This pest is well visible on plants, you can't confuse it with anyone. With a large population, it can do much harm, up to the death of Zamiokulkas.

Biotlin Tanrek, Karate or biopreparation Fitoverm will help to cope with aphids (3). Apply pesticides as directed.

Shields. These insects are covered with a strong shell, they settle on all frequent plants and it is not easy to deal with them.

The first thing to do is remove the insects with a cotton swab dipped in alcohol. Then wash the plant with soapy water. And then treat the bush with Aktellik (3).

Popular Questions and Answers

Growers often have typical questions when growing Zamioculcas. Let's take a look at them.

How to choose a dollar tree?

The most important thing is that the plant be healthy - without spots on the leaves and signs of insect pests. If possible, remove the plant from the pot and inspect the roots - it is important that they are not rotten.

Does the dollar tree bloom?

Yes, under good conditions, Zamioculcas blooms even at home. But his flowers are inconspicuous - an inflorescence of an ear with a green veil. As it is, it appears in the spring.

Why does Zamioculcas stretch?

He lacks light. You need to move to a well-lit place.

Why do spots appear on the leaves of the dollar tree?

The plant may be too crowded and needs to be repotted.

Faded spots can appear from sunburn when direct sunlight falls on the leaves.

References

  1. Zamioculcas // The Plant List http://www.theplantlist.org/browse/A/Araceae/Zamioculcas/
  2. Catherine Horwood. Potted History: The Story of Plants in the Home // Frances Lincoln Ltd, 2007 - p. 173
  3. State catalog of pesticides and agrochemicals permitted for use on the territory of the Russian Federation as of July 6, 2021 // Ministry of Agriculture of the Russian Federation https://mcx.gov.ru/ministry/departments/departament-rastenievodstva-mekhanizatsii -khimizatsii-i-zashchity-rasteniy/industry-information/info-gosudarstvennaya-usluga-po-gosudarstvennoy-registratsii-pestitsidov-i-agrokhimikatov/

How the Dollar Tree affects the house: omens and superstitions

Signs and superstitions about Zamiokulkas (Dollar Tree) appeared not so long ago. But they are already firmly rooted in the minds of people.

Recently, only Crassula was called the "Money Tree". She was credited with many magical properties and the ability to attract funds to the house of the owner of the plant. After some time, interest in the Tolstyanka diminished. At the same time, the people in whose house Zamiokulkas settled began to notice that their financial situation had noticeably improved, and harmony and understanding reigned in the family.

The fast African Zamioculcas flower has been dubbed the Dollar Tree. Moreover, the rich green color of the leaf plates of the plant is perfectly associated with dollars.

How does it affect the energy of the apartment?

People's signs say that the dollar tree has a positive effect on the energy in the house. The flower is able to "absorb" bad energy, neutralize evil thoughts and dispel the tense and negative atmosphere in the family.

According to legend, the plant is able to attract cash flows and financial energy, connect its owners to the egregor of wealth and prosperity.

Superstition is sometimes called Zamioculcas the flower of celibacy. And in vain. This plant has not only the ability to attract finance, but also helps to establish personal life, bring harmony and good luck to it.

The tree is especially popular among young girls who dream of meeting a soul mate and sealing the union with happy and strong marriage ties.

How to get a flower?

Knowing the unusual properties and strength of the Dollar tree, many people want to buy this plant. However, signs about the magic of Zamiokulkas clearly indicate that in order for a flower to be able to bring a stream of positive and favorable energy into the house, it must be received as a gift from a loved one. Don't buy it from the store yourself.

An ideal occasion for donation can be a significant event associated with the beginning of a new stage in life: birthday, moving to a new apartment, New Year. It is believed that the Dollar Tree, presented on such holidays, will have the most powerful energy and will be able to help the owner in solving financial problems, smooth out family disagreements.

Similar materials Wallet color for attracting money according to Feng Shui and Zodiac signs There are also a number of rules that must be followed so that your flower works specifically for you and does not give the opposite - negative - effect.

  • You cannot give your Zamioculcas to another person. Together with the plant, material well-being and good luck will leave you.
  • To give a flower as a gift, you need to buy it yourself, take care of it for a while, and then give it. The recipient must give a small fee for it, in the form of a coin or bill.
  • You can not give a pot with a small shoot or a new (not lived in the house) Dollar Tree. This will bring losses and a series of failures, both to the giver and the recipient.

Basic beliefs

There are quite a lot of signs among the people regarding the condition of the Dollar Tree. It is believed that changes in the well-being of the plant indicate certain events.

If the plant is green and blooming, monetary gain and good luck will not keep you waiting.

  • Leaves turn yellow, wrinkle and wither - this is a warning about large-scale monetary losses. If the owner of the flower takes good care of it, but the appearance of the plant does not improve or becomes even worse, then it will not be possible to avoid the financial crisis.
  • A special sign for single owners of the Dollar tree is its flowering. This is a rather rare occurrence. And therefore, if you saw buds on a plant, expect an early romantic meeting, which will develop into a long and happy relationship.
  • A sharp, unpleasant smell from Zamioculcas or the soil in which it grows is a very bad sign warning of mourning events in the near future. The fetid smell of a flower may indicate a serious illness of a loved one, and that the treatment will not bring the desired effect.
  • If your flower has begun to die, and you are unable to change it, accept it. Look at bad predictions from the good side. You will have time to prepare for negative events, and they will not take you by surprise at the most inopportune moment.

How to care for a flower to "work"?

But in order for the plant to reveal its "abilities" to the maximum, it is necessary to adhere to certain rules for caring for it. Otherwise, the Dollar Tree will not be able to reveal its magical properties.

  • Constant quarrels and swear words have a very bad effect on the state of the plant. Under their influence, it may begin to turn yellow or even dry out.
  • Zamioculcas needs good care and timely watering, transplanting and fertilizing. This flower should not be treated with disdain, because it, like a person, can experience a kind of emotion.
  • It is believed that the Dollar tree subtly feels the speech and thoughts of a person, and he needs live communication from the residents of the house. The plant will be pleased if you give it a little time and just say hello, no matter how ridiculous it may sound. You yourself will notice that with a good attitude towards the tree, it develops well and improves your financial situation.
  • When transplanting, do not make sudden movements, do not casually pull the roots out of the ground, do not pull the leaves.
  • Transplantation should be done only during the waxing moon. If you neglect this rule, the plant will develop poorly and eventually dry out, taking with it good energy and material well-being.
  • When transplanting Zamioculcas, only new soil should be used. The soil after other flowers is not suitable for planting and good growth of the Dollar Tree. In such a land, it will dry out, or it will cause losses.
  • If there are small children or animals in the house, make sure that they do not harm the tree.
  • To increase the efficiency of the plant, you need to carefully hang coins of different denominations and paper bills on it, having previously rolled them up with a tube. It is also necessary to put yellow coins at the bottom of the pot where Zamioculcas grows.
  • According to one sign, one should practice watering the flower with “money” water. To do this, put coins in the water, and then water it.
  • Another important point is the condition of the flower pot. It does not matter how much it costs, and how beautiful it is, but it must be clean and whole. A dollar tree growing in a broken, dirty pot will bring the owner the opposite effect of its action, giving only losses and disappointment.
  • In order for Zamioculcas to bring profit to the house, it must be properly positioned. It is best to put a pot with a tree in the southeastern part of the room.

Methods to enhance the effect of the plant on finances

In order to enhance the magical properties of the Dollar Tree in financial matters, you must do the following.

  • Receive Zamiokulkas as a gift, giving a coin for it,
  • Maintain contact with the flower by talking to it every day.
  • Thank him after every good event in the family and after making a profit.
Lighting Bright multiple light
Temperature In the summer - 18 - 25 ° C, in winter - about 16 ° C
2 times a week, excess water
Air humidity High, requires daily spraying
Soil A mixture of leafy, soddy soil, peat and sand in a ratio of 1:1:1:1.
Feeding April-September 1 time in 2 weeks with complex liquid fertilizer
Transplant annually, in March-April
Flower Blooms very rarely
Dormant period October-April

Learn more