How much is it to join a convenience store

Franchise fee and brand use fee

Franchise fee is the fee paid by the franchisee to the brand side to obtain brand franchise rights. Brand use fees are for the use of brand trademarks, intellectual property rights, etc. This part of the cost is generally about tens of thousands of yuan.

Store rent

The rent of a store depends on the choice of location and the size of the store. In busy areas or large cities, the rent may be relatively high, while in relatively remote or low rent areas, the rent may be relatively low.

Decoration and equipment franchise

According to the standards and requirements of the brand, the franchisee needs to decorate the store and purchase necessary equipment, such as shelves, refrigerators, cashier systems, etc. This part of the cost will also vary according to the size of the store and the level of decoration standards.

First batch of commodity inventory

Before opening, the franchisee needs to purchase a certain amount of goods to meet the initial business needs. This part of the cost will vary according to the type of goods and the amount of inventory.

Working capital and working capital

In order to support the daily operation of the store, the franchisee needs to prepare a certain amount of working capital to pay staff salaries, utilities, marketing and other daily expenses.

Employee recruitment and training

Convenience stores cannot operate without employees, and franchisees need to be responsible for the recruitment and training of employees. Brand training support can reduce the cost and difficulty of this part.

In general, the total cost of joining a convenience store may vary from hundreds of thousands to hundreds of thousands of yuan. In order to ensure the success of the franchise, the franchisee should make a detailed financial plan in advance and have a clear budget for all expenses. At the same time, choosing a brand with strong reputation and support can greatly reduce business losses and increase the possibility of success.