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  1. #1
    Join Date
    Oct 2001
    Location
    New Jersey
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    1,508

    Retail business?

    Anyone here own their own retail business?

    I'm thinking of opening up a Dollar store in my area.
    They seem to do very well.

    What do you think?

    I want to open up some type of retail business and I was looking into the dollar store.

    your thoughts
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  2. #2
    Join Date
    Aug 2003
    Location
    Twin Cities Area
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    5,651
    well you can get a lot of cool deals at www.surplus.net
    if you haven't considered chapter 7 bankruptcy, maybe you should.
    eliminate your debt, keep the property you want, most people qualify.
    contrary to popular belief - no attorney is necessary!

  3. #3
    Join Date
    Oct 2001
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    New Jersey
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    1,508
    is this a good business to get into
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  4. #4
    Join Date
    May 2004
    Location
    US
    Posts
    6
    Yes, I would definetly suggest getting into it.. This is assuming you have enough funds for it...

    My family owns a retail business, and they do very well.. You just have to do it all right

    Good luck

  5. #5
    Join Date
    Oct 2001
    Location
    New Jersey
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    1,508
    yes, funds aren't a problem.

    just wanted to know if the dollar store business model is getting old. do you think there are too many of them ??
    or do you think there is still much room to grow?
    -= PREMIUM DOMAIN NAMES @ DOMAINPEP.COM

  6. #6
    Join Date
    May 2003
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    My Old Kentucky Home....
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    Dollar Stores are all over the place out here and none of them seem to fail. I'd say it would be a good investment.

    One of them opened up in the middle of nowhere last year...Literally, the middle of nowhere. It's about nine miles from the nearest town but on one of the major thoroughfares and it does a bustling business.

  7. #7
    Join Date
    Feb 2004
    Location
    FTL on the Information Super Highway
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    142
    In my neighborhood, there are two 99-cents stores about about a block and a half from each other. I don't know if they were fooling around, but it looked like there was a brief price war between them. On their awnings, there are signs tacked on that go: [89-cents], [79-cents], etc. to [49 cents] (last time I passed by).
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  8. #8
    Join Date
    Jan 2004
    Posts
    7,033
    The dollar store eh? I would say if you know what you are doing go for it. The dollar store makes great money where I live. Or why not create a diffrent store diffrent name with same prices? Or lower?

    The surplus website is a good way to get good stuff at a good price.
    I am back....


  9. #9
    How about like a $5 and down store be something new to try out, and you would have more possiblitys for selling stuff
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  10. #10
    Join Date
    Sep 2002
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    Toronto, ON
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    Many stores (if not the majority here in Montreal) advertise 99 cents or a dollar but you'll find a lot of items at $2.99, 4.99 or more.

    Originally posted by Reyox Stephen
    How about like a $5 and down store be something new to try out, and you would have more possiblitys for selling stuff
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  11. #11
    Join Date
    Jan 2001
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    Miami, FL
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    Im not sure you really thought this one...... You are asking on a retail store advice from a virtual store crowd....
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  12. #12
    Join Date
    Mar 2002
    Location
    New York
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    1,700
    My parents own a jewelry store in the village of Huntington here on Long Island.


    Retail isn't the best business to get into normally. You work around your customers, it's a tough thing to do. Hours are long, stress is big. I'd never get into it. But then again, it depends on the type of retail to, a dollar store is not a luxury retail item like jewelry is, so economic problems tend to not effect you to much.

  13. #13
    Originally posted by mantra
    yes, funds aren't a problem.

    just wanted to know if the dollar store business model is getting old. do you think there are too many of them ??
    or do you think there is still much room to grow?
    I think good research would answer your questions or ask people who are in the business already

  14. #14
    Join Date
    Apr 2003
    Location
    Portland, OR, USA
    Posts
    479
    Originally posted by jpabboud
    Many stores (if not the majority here in Montreal) advertise 99 cents or a dollar but you'll find a lot of items at $2.99, 4.99 or more.
    There is actually a chain arround here that everything in the store is $1 or less which i think is pretty kewl.

    They are popping up everywhere arround town.

    Thanks
    - James

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