Estimated Initial Out-of -Pocket Costs to Operate a store
Below we’ve listed the typical expenses related to opening and operating a single store. The range of expenses may vary depending on the type of store and projected sales. For example, the setup labor, opening till, first 30 days of payroll and utilities for a kiosk store may be less than an inline store.
Please keep in mind that some, though not all, of these expenses, will be reimbursed.
| |
Low range |
High Range |
| Local /County/ State Licenses* |
$0 |
$200 |
| Workers Compensation Insurance |
750 |
1000 |
| Store Supplies & Tools |
0 |
150 |
| Utility Deposits* |
0 |
300 |
| 1 st month storage* |
50 |
250 |
| Telephone/month* |
50 |
250 |
| Set Up Labor |
400 |
1500 |
| Opening Till |
150 |
300 |
| First 30 days of payroll |
1200 |
3000 |
| Fixture Rental |
1000 |
1000 |
| Security Deposit* |
1500 |
1500 |
| |
|
|
| Total |
$5100 |
$9450 |
* reimbursable or refundable expense
|