Costs of Opening a Bent and Dent Store?

cybergrannie
Gold Feedback Medal for All Time! 949 Feedbacks

September 17, 20170 found this helpful

The cost to open a bent and dent store would depend on a lot of factors - such as cost of renting or leasing a building and how large an operation as well as many other factors.

Step 1
Probably no matter how you cut it - $25,000 may be the very lowest amount you would need. It costs about $25,000 or more to open a store and that includes opening inventory, deposits and opening expenses.

Step 2
It is true that some have done it on less inventory and smaller stores, while others have invested in excess of $100,000 to get underway.

Step 3
There is a lot of information on the Internet about how to open a bent and dent store and it is not just a "turn-key" operation. There are several government license to purchase and get approval before you even start the process. Insurance is another problem.

Step 4
Check out some of the on-line sites and since you are on ThriftyFun you can check out all the previous answers to this question.

Step 5
www.thriftyfun.com/tf563433.tip.html

What many people fail to figure in is the amount of money needed for owners to survive. Do they have other income that supports them so they do not need a salary for even up to one year? This is a big problem and this fact alone causes many small businesses to fail within one year.

attosa
Diamond Post Medal for All Time! 1,246 Posts

September 22, 20170 found this helpful

It depends on where you are but it is said that costs around $25,000 or more to open a store and that includes opening inventory, deposits and opening expenses.

Here is a good read: www.bananaboxwholesalegrocery.com/open-your-own-store.html