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I don't know about bookstores specifically, but in retail your occupancy cost should be 12-14% of revenues. Ie for your rent of $3600/month you'd want to turn over $30000.  Look at this pallet. You would have to sell this many books x 2.5 every month (assuming 0.5 kg and $10/book) You'll also need to find the cash for $50000 in inventory, so the store can operate, and at least a year of expenses. Let's call it $100k all up.
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Mar 2, 2017 19:23
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| # ¿ Apr 29, 2024 02:36 |
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No, $50000 would be the cost price.
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Mar 2, 2017 19:34
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