99¢ Only Stores (similar to other dollar store franchise) is a unique deep-discount retailer of primarily name-brand consumable general merchandise. From the first store opening in 1982, 99 Cent Only Stores has expanded to 298 stores with about 73% in California and the rest in Texas, Arizona, and Nevada. Stores open at least a year generated average net sales per estimated sellable square foot of $295 and average net sales per store of $5 million, which the Company believes are the highest in the dollar store industry.
Integrity, flexibility, dependability and prompt payment are key to 99 Cent Only Stores (similar to other dollar store franchise) successful vendor relationships. Many of the Company’s strong supplier relationships go back over 25 years. 99¢ Only Stores has developed an excellent reputation among the leading consumer goods manufacturers as a leading purchaser of name-brand, re-orderable, and closeout merchandise at discounted prices. Its willingness and consistent practice over many years to make very large volume purchases and take possession of merchandise immediately, its ability to pay cash or accept abbreviated credit terms, its willingness to purchase goods close to a target season or out of season and its commitment to honor all issued purchase orders have all contributed to building this reputation. In fact, 99 Cent Only Stores has never cancelled a purchase order!
Can I buy a 99 cent only stores franchise (or other dollar store franchise)?
Those figures are enough for people to start thinking of starting a dollar store franchise and on top of that 99 Cent Only Stores. Almost it is one of the first business that most people who are considering starting a franchise business think about. You’d better know that at least up to when we are writing this post, the 99 cent Only Stores is a corporate and not a franchise. However, there are many other retail store franchises available in the market. We do not represent 99 Cent Only Stores. If you are interested in similar retail store concepts contact us for more information about similar businesses that are franchise.
Still interested to buy a dollar store franchise similar to 99 Cent Only Stores? Simply fill out the form on the right.
