Is Five Below a good brand?

Five Below didn’t sell food, but the products were, at most, $4 more expensive than at Dollar Tree, and the quality was better. Plus, the store itself was much cleaner, brighter, and more pleasant to shop in. Five Below was the winner for those reasons.

Is 5 below real?

Five Below is a leading high-growth value retailer for tweens, teens and beyond offering trend-right, high-quality products, with extreme $1-$5 value, plus some incredible finds that go beyond $5. Founded in 2002 and headquartered in Philadelphia, Pennsylvania, Five Below has 1,100+ stores in 40 states.

What kind of retail store is five below?

specialty discount stores
Five Below Inc. (stylized as fiVe BEL°W) is an American chain of specialty discount stores that sells products that cost up to $5, plus a small assortment of products from $6 to $10. Founded by Tom Vellios and David Schlessinger and headquartered in Philadelphia, Pennsylvania, the chain is aimed at tweens and teens.

Why is it called five below?

Five Below is an American chain store that offers products that are sold at a tremendous discount. It’s been compared to a dollar tree that offers higher value products with pricing that does not exceed five dollars. This is why the name of the company is called five below.

How much is a 5 below franchise?

It costs $300,000 to open a Five Below store, and each new location generates about $450,000 in operating income within the first year. New stores have a cash payback period of just seven months!

What is the target audience for five below?

While it’s customer base is relatively large (with everyone from moms to college students to twenty-somethings loving the brand), Five Below’s primary target market is undoubtedly Generation Z. There’s a good reason for that.

How much is dollar store franchise?

Initial startup costs begin at about $25,000 to $50,000 and range up to $300,000 or more. That covers most everything you’ll need to get started, including inventory, the initial lease, fixtures, signs, office equipment and grand opening advertisement.

Why does Five Below have a small O?

The smallest of all letters, “O”, works as a degree sign, creating a visualization of the company’s name. The classic blue on the white color palette of the Give Below the logo is a representation of a reliable and trustworthy company, which values its clients and the quality of its product offered above all.

Does 5 below sell anything over $5?

Five Below, a popular store focusing on products for $5 and under, is undergoing a colossal change: Its price point is going up for the first time in 17 years. No longer will the store, a bargain hunter’s dream, only sell items priced at $5 and under.