How much does it cost to open a local specialty franchise store? This problem cannot be generalized. This problem should be analyzed from many aspects. 1. What is the joining fee of the selected local product brand? There are many local products on the market. It is best to do a market survey and have a certain understanding of the local product market in your city, especially the peers in the surrounding business circle. In this way, the chances of winning after opening a store will be even greater. The franchise fees of these brands are different, but generally speaking, the franchise fees of local products franchise stores are between 20,000 and 50,000, all of which are floating up and down in this range, and of course they are free. After excluding the franchise fee, a big expense is renting a storefront. It is inestimable to calculate the funds according to the local rent standard of franchisees.
The rest of opening a specialty store is the decoration cost and labor cost, as well as the utilities that follow after opening the store. How much does it cost to open a specialty store? Of course, as a legally operated shop, you have to pay taxes regularly, and the cost of the first batch of goods should also be included in the budget. These are all expenses that must be calculated to open a local specialty store. It is best if you can prepare liquidity for a rainy day.
Anyway, the budget is around100000, and from the current market prospect, the rate of return of local products stores is particularly high, because many people buy them, but local products are a special kind of goods, and their purchase depends entirely on the degree of consumers' love for the goods, so products must be selected, and there is no fear that no one will buy them.