Would a Dollar store be a good idea to start?

Question

There are some deals on line that would get me started with about $100,000 investment.

Are these good businesses to start? What should I be aware of?

Answer 1

Dollar stores are probably the easiest retail store to run successfully. Go to http://www.greatstuffcheap.com for all the products you need to open it and free help getting started.

Answer 2

i know a few dollar stores around here are closing up but i dont know anyone who doesnt like a dollar store so if you open do plan to open one up i'd say open it in a place that is busy or already has stores around it b/c as much as ppl like doller stores i dont think many people are just going out to go to one it's usually just a store that people stop in when they're out shopping and another thing about dollar stores is what they sell there are some dollar stores that sell some good things and even have some good foods and what not and then there are the ones that sell some crappy items so if you do open one open it where people go and sell the people some good items for a dollar and you should get some good business! good luck

Answer 3

A few things you should be aware of:
because you will be a small buisness, then it will be impossible for you to compete with the larger chain stores like dollar tree, or dollar general, etc.
In order to get low prices on items, you often have to buy them in extremely large quantitities.

Answer 4

Yes because a lot of people want to buy cheap . You'll earn a lot of money because a lot of people would be attending especially if its near a lot of people who need to buy stuff for a dollar.

Answer 5

THATS ALL UP TO YOU BUT YOU HAVE TO PUT ALL YOUR EFFORT AND WORK BEHIND IT. AND YOU SHOULD DO GOOD. WHAT YOU CAN DO IS ASK AT THE DOLLOR STORE HOW THEY GOT STARTED AND THAT. GOOD LUCK.

Answer 6

hell no , to many dollar stores already plus no profits !

Answer 7

I would do something larger like a starbuck's or a braums something like that