How Much Does It Cost to Open a Convenience Store?

Answer

Inventory and property costs are the two primary costs associated with a convenience store. Space should be allocated with 60% of the area dedicated to aisles, and a large portion of the remainder to stock and food preparation if offered. Wen adding gasoline to the inventory, most companies require a deposit of at least $300,000, plus local fees and licensing. The cost to open a convenience store that provides alcohol, grocery items, pop, snacks and gas is expected to average $500,000 minimum.
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