How Much Does A Convenience Store Make?

Cost to Open a Convenience Store

The cost to open a convenience store lies between $50,000 to $500,000 on average.

Factors Affecting Convenience Store Income

- Location - Equipment - Size - Overhead Costs - Product Selection

Average Convenience Store Employee Income

The average salary for a convenience store employee ranges from $8.75 per hour for Manager to $14.74 per hour for an associate.

Profit Margin of Convenience Stores

The average profit margin on products at a convenience store is about 25%-30%.

Tips To Maximize Convenience Store Income

- Loyalty programs - Make qualified hires - Utilize product placement - Increase the product selection

Average Income Of A Convenience Store

The United States has over 150,000 convenience stores in total, and these stores generate about $616 billion annually altogether.