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Is it profitable to open a 24-hour convenience store?

Is it profitable to open a 24-hour convenience store? The answer is that it varies from person to person. Some people make money while others don’t. First of all, whether you can make money by opening a 24-hour convenience store depends on the early business district inspection and shop selection, as well as the subsequent operation of the convenience store. , there is no standard way of saying how much money you earn. Let’s take an example. For example, if we analyze the monthly turnover of a 24-hour convenience store called Tesco, it is generally around 160,000 yuan, and the profit margin is usually 35. According to According to this standard estimate, the monthly gross profit rate is 56,000 yuan. The costs of the All-day Tesco 24-hour convenience store are: rent 8,000 yuan, labor cost 9,000 yuan (3-5 employees); water, electricity and miscellaneous expenses 1,000 yuan; so in total, All-day Tesco The monthly net profit of the 24-hour convenience store is 38,000 yuan. Therefore, the annual profit of a 24-hour convenience store is around 456,000. Whether a 24-hour convenience store makes money or not depends on each person. In the final analysis, it depends on how the boss and employees cooperate in running the convenience store. I wish you success.