How much does Dollar General franchise cost?
On the average, a dollar store franchise would require a minimum cash outlay of $50,000 with a total investment ranging from $65,900-$463,000, which could be higher depending on the products you intend to sell on the franchise. This price range will cover everything you need to have set up the Dollar General franchise store.
Does Dollar General do cash back on PayPal?
Does Dollar General give cash back? Dollar General also offers cash backs for purchases made through regular debit cards and PayPal debit cards at their checkout register. The limit is set at $40, and you can get the cash back in increments of $10. You need to pay a fee ranging from $1 to $2 depending on the Dollar General store.
Are Dollar General stores franchised?
Dollar General store locations are company-owned, so you may not be able to get a franchise. But that does not say that you cannot lease a store. If you want to do so, you can visit their website and have a chat with them. The Dollar General Franchise stores have different pricing for their different store types.
How much does a dollar store franchise cost?
How much does a dollar store franchise cost? Initial startup costs begin at about $25,000 to $50,000 and range up to $300,000 or more. That covers most everything you’ll need to get started, including inventory, the initial lease, fixtures, signs, office equipment and grand opening advertisement.
Who is the CEO of Dollar General?
Todd J Vasos Is the CEO of Dollar General.
Is Dollar General a franchise?
No, Dollar General is not a franchise. Dollar General operates just like a vast majority of stores.
How much is a dollar general store franchise?
Dollar General Store franchise fee is $20,000-$50,000.
What is Dollar General franchise?
Dollar General is a network of stores that sell most of the common merchandise but at incredibly low prices . The stores are somewhat similar to the Dollar Tree ones that you surely have heard of, but the main difference between them is in their prices, ...
Why is Dollar General so popular?
Out of the thousands of positive reviews from happy customers, most talk about how you can’t just get into a Dollar General store, buy the one item you need, and leave because you’ll stumble on hundreds of low prices that will get you into a shopping frenzy. Although the price is what makes them popular, they also rely on quality to attract and keep their clients. This combination of features keeps them on top of other stores from all around the US. This chain of stores is somewhat different from normal shops, and that is because they don’t offer a lot of discounts. The good part is that they feature prices that are so low, you won’t even need discounts.
How much does it cost to open a Dollar Tree store?
To open such a store, you will pay anywhere from $20,000 to $350,000 or even more, depending on the type of store you open and the products you choose to sell. As an alternative, the Dollar Tree franchise will cost you more, because the items will be a little more expensive so the initial stock will cost more.
How much money do you need to invest in Dollar Discount Store of America?
Dollar Discount Store of America: A lower-priced store, it will only require an initial investment of $75,000 up to a maximum of $150,000. This isn’t the cheapest type of store, but it is considerably cheaper than the Just-A-Buck. You will be required to offer collaterals and good credit to be accepted in the franchise. The smaller price will also be seen in the quality and quantity of your initial and ongoing stock.
When was Dollar General founded?
From serving our customers with value and convenience and our employees with career opportunities to serving the communities we call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939 .
What is Dollar General's mission?
For our customers, this means placing them at the center of all we do, working every day to deliver value and convenience through our more than 17,000 neighborhood general stores. For our employees, this means respect and the opportunity to grow and develop their careers, and for our communities, this means helping support the communities we call home.
How does Dollar General save time?
Dollar General saves time by staying focused on life’s simple necessities: laundry detergent, toilet paper, soap, shampoo, socks and underwear … and maybe a gadget or two that you just can’t live without.
How many stores does Dollar General have?
Dollar General has more than 16,368 stores in 46 states, and approximately 143,000 employees. Dollar General also has 17 distribution centers in 16 states. Since 2017, DG has opened stores in North Dakota, Wyoming and Washington. As of early 2020, DG does not have stores in four states: Alaska, Hawaii, Idaho and Montana.
Where did Dollar General originate?
Dollar General has its origin in Scottsville, Kentucky, with James Luther "J.L." Turner and his son Cal Turner. James Turner's father died in an accident in 1902 when James was only 11. James had to quit school and never completed his education so he could work the family farm and help provide for his mother and siblings.
How does Dollar General fund literacy?
Since 1993, Dollar General has provided funding of literacy and education programs through its subsidiary Dollar General Literacy Foundation. Every year the Dollar General Literacy Foundation awards funds to nonprofit organizations, schools and libraries within a 15-mile radius of a Dollar General store or distribution center. It has awarded more than $182 million in grants to literacy organizations that have helped more than 11 million individuals learn to read, prepare for the high school equivalency, or learn English. In 2020, the Dollar General Literacy Foundation awarded $8.6 million to approximately 970 nonprofit organizations, schools and libraries, which marked its largest one-day grant announcement. The Dollar General Literacy Foundation also celebrated its 25th anniversary in 2018.
What is Dollar General fined for?
In November 2014, Dollar General was fined $51,700 by the Occupational Safety and Health Administration (OSHA) following an inspection of a Brooklyn, Mississippi, branch of the store. The statement from OSHA notes that Dollar General has had repeated health and safety violations: "Since 2009, OSHA has conducted 72 inspections of Dollar General nationwide. Of those inspections, 39 have resulted in citations." In April 2016, OSHA reported that further citations had been given to the store for exposing employees to the risk of electrical hazards due to missing face plates on electrical outlets. The store was fined $107,620. In December 2016, OSHA has noted that some Dollar General stores continued to block fire exits with merchandise disregarding safety violations resulting in several fines.
How many Dollar General stores are there in 2020?
As of January 2020, Dollar General operates 16,278 stores in the continental United States. The company began in 1939 as a family-owned business called J.L. Turner and Son in Scottsville, Kentucky, owned by James Luther Turner and Cal Turner. In 1955, the name changed to Dollar General Corporation and in 1968 the company went public on ...
What does DG stand for in Dollar General?
Dollar General created its abbreviation, the letters "DG", as a store brand for "inexpensive" household products sold through the Dollar General stores. DG is also the company's NYSE ticker symbol .
Why did Dollar General settle?
On April 30, 2001, Dollar General Corp was liable for making false statements or failing to disclose adverse facts about the company's financial results, and paid $162 million for settlement . The company also announced to restate its earnings for the past three fiscal years, due to accounting irregularities including allegations of fraudulent behavior.