How much does it cost to open a souvenir franchise store? We cannot generalize about this issue. This issue must be analyzed from many aspects. The first is how much the franchise fee is for the selected souvenir brand, and the local specialties in various regions on the market.
Especially many, it is best to do a market survey and have a certain understanding of the local specialty market in your city, especially the situation of peers in the surrounding business districts, so that you have a good idea.
In this way, the chances of winning will be greater after opening a store. The franchise fees of these brands vary, but generally speaking, the franchise fee of a local specialty store is between 20,000 and 50,000, which fluctuates up and down in this range. Of course, there are also
Free.
After excluding the franchise fee, the most expensive part is renting a store. This cost must be calculated based on the local rental standards where the franchisee is located, which is immeasurable now.
The only thing left to open a souvenir franchise store is the decoration fee and labor cost, as well as the water and electricity bills that come after opening the store. How much does it cost to open a souvenir franchise store? Of course, as a legally operated store, you have to pay taxes regularly.
Yes, the cost of the first purchase should also be included in the budget. These are the expenses that must be calculated when opening a souvenir store. It would be best if you can also prepare working capital in case of emergencies.
Anyway, the approximate budget is 100,000 yuan, and judging from the current market prospects, the return rate of souvenir shops is particularly high, because there are many people buying them, but souvenirs are special commodities, and their purchase depends entirely on consumers' appreciation of the goods.
Like the product, you must choose the product well so that you don’t have to worry about no one buying it.