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FRANCHISE OPPORTUNITY!
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Nanaimo, British Columbia

University Village

Nanaimo:  located on Vancouver Island, is among British Columbia’s most livable cities, having a favourable balance of lifestyle, employment and investment opportunities.

Centrally located on the east coast of Vancouver Island, 111 km north of Victoria, Nanaimo is the regional service center for mid and north Vancouver Island and known as the premier gateway to Vancouver Island.  From the oceanfront scenery and stunning mountain views, this great city still offers an affordable and low cost of living lifestyle.

As the second largest city on Vancouver Island, Nanaimo hosts a population base of over 80,000 people and a trade area of 150,000 people and serves as a major ferry terminal.

Nanaimo’s status as a university town also makes it attractive to businesses, and enhances its cultural profile.  Malaspina University-College, a comprehensive post-secondary institution located near the city’s south end, regularly hosts art exhibitions, academic forums, and sporting events and serves approximately 20,000 students per year.

University Village:  Located in the south part of Nanaimo, this shopping centre is undergoing a comprehensive redevelopment.  Home to Quality Foods, a new Shoppers Drug Mart, Liquor Store, Harbour City Bingo, Value Village and a strong mix of National Franchise operators, local retail and service tenants.

Existing unit: is approximately 2,768 sq. ft.   There is a finalized Offer to Lease including rental rates, five (5) year Lease Term and a one (1) five (5) year option to Extend the Lease.

Initial Costs: is a Franchise fee of $25,000 plus applicable taxes and the required store construction, shelving, inventory, signage and other related costs to meet Franchisor’s current standards.

Relocated Retail Store:  There is an existing sales history within this Shopping Centre as there was an ONLY Deals® store located in this shopping center prior to redevelopment of the shopping center including the relocation of the former store.

We develop, cultivate and support two franchise based retail discount chains in Canada, each with its own unique concept but with a common element – a variety of quality products with value pricing. Our focus is to provide our Franchisees the best possible opportunity to be successful. We believe that offering an exciting shopping experience combined with a clean, bright and well stocked retail store together with excellent customer service will provide our franchisees with this opportunity.

The $1. Store Plus has been a Canadian Franchise for 15 years.  Only Deals^® was introduced approximately 6 years ago. With stores from Victoria, BC to St. John’s NF/LBR, our success is built on our philosophy of developing strong franchise relationships.

THE $1. STORE PLUS carries a variety of dollar store merchandise with the majority of items at a price point of between $1.00 and $3.00.  Stores range in size from 2,000 to 3,000 ft².

ONLY DEALS® DOLLAR STORE carries a variety of dollar store merchandise but also higher priced items brought in for a limited time to create added excitement. Current store size is approximately 3,500 ft².

Franchising offers you the freedom to own, manage and operate your own business within an established framework created by the Franchisor within the guidelines of its structure.

THE VALUE OF FRANCHISING –
In the context of franchising we, the Franchisor, have already gone through the learning curve and refined the business for our franchisees, taking out the guesswork. We share our collective experience thereby helping you to be in business for yourself, instead of being in business by yourself.

The value of our Franchise goes way beyond the surface. Simply consider the length of the “to-do” list during the planning phase of opening a new business. As a Franchisor, we have experienced everything that must be done and has to be done in store set-up and can prepare you so that your store opening process is at its most efficient and within the shortest possible time period. We assist you in every step as provided through our extensive training program.

	We Provide ü     Real Estate Support – We find your location, analyze its potential and negotiate your lease. ü     Store Design – We find your location, analyze its potential and negotiate your lease or work with you on your own recommended site. ü     Training Support – Depending on your retail experience we provide up to 28 days of training; part theory, part in-store and part before & after opening, in your own store, and thereafter continual training and retraining, if required, through our Store Operations and Standards Division. ü     Operational Support – We provide you with a complete set  of our comprehensive Operating Standards and Merchandising Guideline Manuals. We provide you with a detailed list of supplies and operational equipment required to run your business. Over 15 years of experience as a franchisor in the dollar store retail channel is passed on to you. Our Head Office staff is a phone call, fax or email away.  We continually work with you in the development of your business and continue to monitor your business through our visits with store evaluations and compliance assessments. ü     Product Information – Our Retail Division will provide input as to product sourcing, ongoing information on new product and industry news. They will take the guesswork out of opening inventory levels and product mix, by recommending orders through over 250 approved suppliers.

THE PROCESS:

The Only Deals® and the $1. Store plus photographs depicted herein represent a typical Only Deals®/the $1. Store plus
franchise and are not an actual representation of the Only Deals® or the $1. Store plus franchise location that is offered above.