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A Buck or Two Stores 8200 Jane St.
Concord, ON L4K 5A7 CANADA
800#: (800) 890-8633 Tel: (905) 738-3180 + 309 Fax: (905) 738-0680
E-Mail: [email protected]
Web Site: www.buckortwo.com
Contact: Mr. Tom Norwell, President/CEO
We're approaching 200 fun, exciting A BUCK OR TWO locations across Canada, well defined by simplicity, offering first-quality merchandise, presented in a visually appealing format, departmentalized, at prices of $2 or less. Sales and profit are maximized with a great selection of core and seasonal merchandise, as well as aggressively priced special opportunity buys, where volume purchasing power allows franchisees to continually benefit.
Franchisor Background
Established: 1987
First Franchise: 1989
Franchise Units: 162
Company-Owned Units: 0
Total Units: 162
Distribution:
U.S. -- 0;
Canada -- 162;
International -- 0
-North America -- Operations in 9 Provinces
-States/Provinces with Greatest Density: 80 in ON, 19 in BC, 17 in NS
Projected New Units Over Next 12 months: 25
Franchisee Qualifications: 4, 5, 4, 4, 3, 5
(Click here for an explanation)
Registered in Following Registration States: AB (Click here for an explanation)
Average Number of Employees: Varies (FT = Full Time, PT = Part Time)
Space Needs: 2,500-4,000 SF; RM
(Click here for abbreviations)
Encourage Conversion: NA
Financial Requirements
Cash Investment: $50-70K
Total Investment: $160K
Average Total Investment: $160.0K
Minimum Net Worth: $200K
Fees:
-Franchise: $50K
-Average Franchise Fee: $50.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: NA
Lease Negotiation Assistance: NA
Financial Assistance: Yes(D)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 100
On-Going Support: a,C,D,E,G,h (Click here for an explanation)
Training: 1 Week Hamilton, ON; 2 Weeks Site Location.
Franchisor's Specific Expansion Plans
U.S.: No
Canada: All Canada
Overseas: Mexico, South America, Europe, Australia
Note: NR = No Response by Franchisor.
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