ED Magedson – Founder
LIBERTY DOLLAR2395 Prince Street Internet United States of America
I almost bought I almost bought a Dollar Store from this company until a friend said I should investigate them more .At first they seemed very nice and knew what they were doing. Their store references turned out to be mostly wholesale customers, not stores they built from the ground up as stated. I could not get one real reference from them for a store they actually started. I did find out that I had to pay for the shipping of my equipment and merchandise at my expense that they stated was completely their cost. Not fact. It would have been an extra $8,000 total and I would be responsible for all the unloading of these trucks. We are too old to be doing this work as promised. The store locations were not OK and done by a company that they were part of and they were getting a commission from. I found better locations by myself but knew nothing about leasing a retail store. They had no financing as offered said I should go to my bank or get a SBA loan. Both were impossible for different reasons even though we have great credit. They said their was no deposit like other Dollar Developers but their contract clearly stated that my up front money was not refundable but my a first payment that was not refundable. They had no training as promised and this was my first business and we needed the help. They were very friendly at first but when I called to get more help pretending to be one of their own references, I got very little help and just tried to sell me more merchandise. I could go on with many more complaints but I do not want to over do it. Be careful of this company. I did get my store through another company that did keep all of there promises and did much more than I had expected. Good Luck.
This report was posted on Ripoff Report on 01/01/2011 10:35 AM and is a permanent record located here: http://www.ripoffreport.com/r/LIBERTY-DOLLAR/internet/LIBERTY-DOLLAR-LIBERTY-OPPORTUNITY-LIED-ABOUT-EVERYTHING-Internet-677482. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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