The Dollar Discount Store franchise has an alarmingly high SBA loan default rate of 56%.  Dollar Discount Store is listed by the SBA among the worst franchises by SBA loan default.

Are you familiar with the Dollar Discount Store franchise opportunity? Please share a comment below.

Dollar Discount Store franchisees have received 34 SBA-guaranteed loans since 2001; more than half of those loans have been defaulted on by Dollar Discount Store franchise owners.

The Dollar Discount Store Franchise has a failure rate of 56% for SBA-backed franchise loans

It’s likely that Dollar Discount Store franchise owners who received SBA loans may have collateralized their franchise loan with their houses or other personal assets, and more than half were unable to repay those franchise loans… despite serious incentive to do so.

Are you familiar with the Dollar Discount Store franchise opportunity?

What do you think accounts for the SBA loan failure rate of Dollar Discount Store franchise owners?

What steps should Dollar Discount Stores of America be taking to stop further franchise failures?

Has Dollar Discount Stores of America taken serious action to address the problems that led to the 56% loan failures?

Please share a comment, opinion or insight below.

ARE YOU A DOLLAR DISCOUNT STORE FRANCHISE OWNER OR FORMER DOLLAR DISCOUNT FRANCHISEE?  ARE YOU FAMILIAR WITH DOLLAR DISCOUNT FRANCHISE OPPORTUNITY?  PLEASE SHARE A COMMENT BELOW.

Contact UnhappyFranchisee.com

Tags:  Dollar Discount Store, Dollar Discount, Dollar Discount Store franchise, Dollar Discount Franchise, Dollar Discount Store complaints, dollar store franchise, discount store franchise, franchise opportunity, retail franchise, franchise failure rate, worst franchise, sba failure rates, SBA franchise loans, franchise information, unhappy franchisee

unhappyzee

View Comments

Recent Posts

NJ Ethics Committee Member Shaun Blick Hit With Attorney Ethics Complaints

NJ attorney & member of the Ethics Committee of the Supreme Court of New Jersey Shaun…

2 weeks ago

Blick Law Attorney Eric J. Warner Named in Ethics Complaints

NJ attorney Eric J. Warner is the subject of professional ethics complaints submitted to both the…

2 weeks ago

The Perfect Franchise Consultant Brandon Siegfried is a “Cereal Entrepreneur” who Promoted Anchored Tiny Homes

The Perfect Franchise Consultant Brandon Siegfried continues to promote long-debunked statistics regarding franchise success rates. …

3 weeks ago

FocalPoint Coaching Franchise: List of Former Owners

FocalPoint Coaching franchise is promoted by The Perfect Franchise and other broker groups as a…

3 weeks ago

FocalPoint Coaching CEO Thompson, Kris Simonich on The Perfect Franchise Podcast

The FocalPoint Coaching Franchise Disclosure Document (FDD) states the company employees are not authorized to…

3 weeks ago

The Perfect Franchise Partner Patrick Elsner Was Sued for Racketeering, Fraud

Patrick Elsner is a Partner, franchise consultant and commissioned broker at The Perfect Franchise.  He…

3 weeks ago