How Much Does It Cost To Open A Convenience Store?

The Convenience Store Industry

The convenience store is the most frequented shops. There are 152,396 stores operating in the United States. This is 1.5% increase from last year.

Factors That Affect The Cost Of Convenience Store

1. Location 2. Size Of The Store 3. Quality Of Equipment 4. Initial Inventory

Ways To Finance The Convenience Store

There are many ways to finance your convenience store such as small business loans, line of credit, or loans from banks or institutaions.

The Salary Of A Convenience Store Owner

According to the reports, the average income of a convenience store owner is around $1.7 million annually. The net income is around $60,000.

Average Cost Of Opening A Convenience Store

The cost of convenience store varies according to the size. So, the bigger the store is, higher will be the cost.