Depends. Some earn an income of $150-200,00 or even more if they are good business people.
Others claim to earn only $30-50,000, but are often participating in tax evasion when they report such a low income. Since they are mainly a cash business, they can participate in many different tax schemes to avoid paying their fair share as a law abiding citizen.
Hopefully the IRS performs more audits on these sort of small business; or hopefully these disobedient businesses start following the laws.
Depends on where they're located and how much stuff they have on loan or in pawn.
200$ a day
a shop owner depending on the size and quality of the shop can make from $60000-$120000There is no set amount a car shop owner makes. The owners proceeds depends on the cost to run the shop, the location, and their prices.
Pawn shop dealers not only receive interest on the money loaned to you when you buy back your possession, but they sell items that have not been repurchased for fees exceeding the original loan amount.
Shop owners don't usually get a salary. They get the profits. Often they will have a set draw against the profits, but that doesn't help if the shop isn't making money. That's one of the reasons business is such a risk. If you can't make enough money, the owners don't get any money. They have to pay all the bills and workers before they can pay themselves.
A one man shop can make around $250,000 per year
tattoo artists typically rent space in a studio owners shop. they will pay a percentage of how much money they earned from their clients.
Knowledge of how to make a good sandwich for starters...... Peter Buck and Fred De Luca, owners of Subway sold franchises in 1987 for $50.000
i was 68 last JULY and i have a small shop bussines and how much money can i make for a full. so that social security take back some?
It varies from what your overall gross is. After paying a 46% taxe, costs, payroll, in a shop that is keeping 6 bays or so busy. Ranging from 100k to 200k.
Wow, Where is this tire shop? What is the local population? Retail? Industrial? Agricultural? Is this in a metropolitan area, or a farm community?
Indian shop owners make 5000 rupees and half of it goes to his snake charming business