Just-A-Buck Licensing, Inc., headquartered in Goshen, New York, support a chain of franchised and company-owned dollar stores with locations throughout the eastern United States. The first store opened in Poughkeepsie in 1988. The company became eligible to sell franchises in 1992.
Everyone loves shopping at the dollar store. Men and women, boys and girls, students and seniors, parents and grandparents, dollar stores have something for everyone. The allure of the treasure hunt is as alive today as it was when Just A Buck opened its first location in Poughkeepsie, NY in 1988, and it is growing every day! In a time when there seems to be a dollar store on every street corner you turn, Just A Buck stores will always stand out from the competition. They have the ability to consistently stock their stores with inventory that has a perceived value of well over a dollar, while maintaining a desirable gross profit margin. Just A Buck’s twenty years of experience has given them a keen sense of the what merchandise the cost conscious dollar store shoppers seek. They do not warehouse any inventory, nor do they own any trucks to transport goods. They have long established relationships with closeout vendors who drop ship deliveries to each Just A Buck location. Their business model is set up as a “win win;” Just A Buck does not derive revenue from the inventory going into the store, their revenue is on the royalty fee when the merchandise is sold. Just A Buck’s philosophy hasn’t changed over the years, very clean, well lit stores with merchandise displayed attractively in an organized fashion to provide the consumer with a very pleasant shopping experience. It is this formula that has enabled this small but unique chain of dollar stores to compete with the large corporate giants.
While many dollar stores have closed, Just-A-Buck is growing. Why?
Merchandising, display, and the fact that so many of our stores are owned by franchisees eager to make their businesses grow. Through the years, Just-A-Buck has controlled its growth. We are just the right size – large enough for volume discounts, yet small enough to purchase smaller lot sizes, which often contain items of the greatest value.
Pre-Opening Dollar Store Franchise Support
- Site selection and lease negotiation assistance.
- Store design and layout assistance.
- Fixture and material specifications.
- Inventory and display planning.
- Classroom and on-the-job training.
- On-site management and staff instructions prior to opening.
- Records management.
- Ongoing communications.
- Special programs.
- Grand opening and seasonal advertising programs.
- Customer awareness marketing programs.
- Volume building programs.
Start-Up and Ongoing Support
- Opening assistance.
- Consultation in establishing operating budgets.
- Sales forecasts and merchandise planning.
- Financial management systems.
- Comprehensive operations manuals
- Periodic visits.
When you buy a franchise, you can be sure of getting valuable information that a Business Opportunities may not give you. A franchise must adhere to strict government regulations. This means we are required by law to present you with a detailed disclosure document called a Uniform Franchise Offering Circular (UFOC) which a Business Opportunities is not. It includes detailed information about the company’s and the principals’ background. It also contains the answers to just about any question a prospective franchisee may have… and a few you might not even think to ask.
As a franchisee, you buy the right to use an established name and take advantage of ongoing support. People who purchase a Business Opportunities are usually helped only at the onset. At Just A Buck we are very concerned about our name, the value and quality of the merchandise we sell for a dollar, and how the store is kept. As a franchisee you will become part of a purchasing network. You will be in business for yourself but not completely by yourself. As a business licensee, on the other hand, you may be directed to catalogues and expected to order items on your own.
Many of our franchisees researched business opportunities before they decided to become franchisees. They will happily tell you they wouldn’t be as successful today if it hadn’t been for the expertise and advice they received from the Just-A-Buck staff of experienced professionals. Talk to existing store owners and you may find that you get what you pay for. We believe that the closer you look, the better we will look.
It’s Wise to Franchise
The name we’ve made for ourselves in the marketplace is our most valuable asset. And it can be yours too. In exchange for your franchise and royalty fee, you buy the rights to cash in on our experience, reputation – and our contacts.
As a Just-A-Buck franchisee, you’ll be presented with a complete package designed to enable you to start making money right away. With experienced Just-A-Buck staff members behind you, you’ll be free from many time-consuming details… and have more time to focus on running your store.
Training & Support
- Financial Assistance Provided: Yes
- Site Selection Assistance: Yes
- Lease Negotiation Assistance: Yes
- Training: Comprehensive 20 day training program-10 days at Just-A-Buck facilities and 10 days at Franchisee’s new location
- Other Info: Franchise vs. Business Opportunities
We get involved in all aspects of your business.
- Site Selection
- Comprehensive Training Program
- Store Layout & Design
- We have a vested interest in your continued success
- Our name is on the line
- We have a legal obligation and disclosure requirements
- Construction assistance with local codes in a timely manor
- Pre opening support
- Ongoing support once your store is open
- Ability to consistently merchandise stores with quality merchandise with the perceived value of over one dollar while maintaining a satisfactory gross profit margin.
This is the number one cause of failure—even if you don’t move forward with Just A Buck, I recommend you don’t get involved with a Business Opportunities.
I highly recommend you check their references.
Business Opportunities offer the same services at a lower investment, but in actuality:
- They offer no prospectus or disclosure
- They offer no trade name or trademark
- They have a dismal track record
- They have no ability to consistently merchandise stores with desirable merchandise and maintain a satisfactory gross profit margin.
- Franchise relationship not Business Opportunities each party has a vested interest in the success of the other.