Complaint Review: DRSS
4505 West Hacienda Avenue Suite L-1
Las Vegas, Nevada
- Phone: 1 (800) 518-3064
- Category: Criminal Justice System
DRSS Discount Retail Store Services These folks are liars and scam artists, selling unreal dreams for their own profit. Las Vegas Nevada
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In 2013, a man named Roger introduced me to the dollar store concept. He represented the company DRSS ( Dollar Store Retail Services ). He pointed out that this was not a franchise, but, a business opportunity. He also stated that he and his son were going to open a store themselves. He told me that they had a great net income of 20% to 22% after expences.
I was contacted by Paul Beck, an employee of Dollar Store Services, and we discussed the advantages of being an owner of one of their dollar stores. During our conversation, I asked the gentleman what kind of revenue I could expect to generate, and he told me the stores average $160 to $190 per square foot ( I have the email to prove it ). I was opening a 3000 square foot store, so I took the numbers he gave me, and I split it in the middle, at $175 per sqaure foot, and that totals $525,000 dollars per year ( Over a half million dollars per years ), or $43,750.00 per month.
I did my due diligence, and figured my total rent, wages, taxes, electrical, insurance and all the costs associated with running the store, including replacing product for one year, and after all expences, we should have had a net income of approximately $116,250.00 for my wife and myself. After signing our contracts, Roger told me that he decided to back out of his deal. Now this worried me but, I had already signed my life away to the biggest scam I have ever encountered.
John LaFronze, another employee or DRSS, told me that the average cost of product was .55 cents. When DRSS built out our store, based on the manifest, John was correct, but, a huge portion of the product they put in our store was junk, that had a cost of .10 to .25 cents, and never sold an item. The product that did sell though, had an average cost of .65 to .89 cents, then you had to add .04 to .06 cents or more per item for shipping. If you bought a product for .75 cents, and added .5 cents for shipping, your cost would be .80 cents. My bills were about $13,000.00 per month, which means, at .20 cents profit per item, I would have to sell 65,000 items per month just to pay the bills, and that does not include replacing product or wages for my wife and I.
I was working a 100 per week, and my wife was working 70 to 80 hours per week, 7 days per week, and only had two days off in 15 months. They were Thanksgiving, and Christmas, and wre never took a paycheck for the 15 months we were open. Because we were digging the hole deeper, trying to keep the Dollar Store open, we ended up losing our 6 rental properties, and almost lost our auto repair business too. I have contacted about 40 other people that opened a Dollar Store through Dollar Store Services, and they have all either gone out of business, or are closing.
Ironically, the flagship store they used to show off their business opportunity, went out of business about two or three months after we opened our store. The name of the store was Dollar BEE, located at 7475 S. Eastern Ave., Las vegas, NV. 89123. The phone number was (702) 678-6011, but, it is currently disconnected, and the store has been closed for several years now. Kari Bourn, who was our class instructor, kept hyping up the dollar BEE store, stating how the owner opened and paid off his investment in the first year, but, yet he closed down within two years. Kari drove us to his Dollar BEE store to show off how well he was doing, and when we got there, the store was almost empty, and the cashier stated that the owner had gotten a job at a casino. About three months later, he was closed.
I have spoken to so many people that have opened a Dollar Store through DRSS, and the gone out of buiisness, that it would sicken you. I also have a list of about 30 people, with phone numbers and addresses that I have traced around the country, and not one is still in business. One young lady I found, had inherited A $100,000 dollars from her grandmother, And DRSS talked her into buying aDollar Stroe, and she was out of business within 3 months. She had to file bankruptcy. If you would like to talk to me and want more information, feel free to call me at 707-372-8088 (cell), and I would be happy to enlighten you with all of the details of how this RIPOFF works. Best of luck to you in all of your endeavors.
This report was posted on Ripoff Report on 07/05/2017 01:12 PM and is a permanent record located here: https://www.ripoffreport.com/reports/drss/las-vegas-nevada-89118/drss-discount-retail-store-services-these-folks-are-liars-and-scam-artists-selling-unrea-1383316. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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