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What else can I help you with?
What is a good net profit margin for a convenience store?
8%.
What is typical profit margin for furniture store?
I am not sure but I believe it is Min. 40%.
What is a good gross profit margin for a gift store?
£250, 000.
What do you know about general guidelines for convenience store operations?
i is a business with profit margin about 5%
How much is the profit margin of a off licence store?
£ 2500 per month depends on the area
Is a liquor store profitable?
around 25 to 35 profit margin.
What is the gross margin percentage for a basketball if a store buys it for 2.50 and the retail price is marked 10.00 And the selling price is 7.50?
Gross Profit/Selling Price = Gross Margin (7.50 - 2.50)/7.50 = 66.6%
What is the average gross profit margin for convenience store?
In 2009 the average gross profit of convenience stores was $477, 894. You'll be surprised as to where this profit came from -- According to the Association of Convenience and Petroleum retailing, Alcohol are the largest provider of profit with 18%, while cigarettes come second.
How much profit does grocery store make?
hi iits realy difficult to say accurately but as of my experience (i have my own supermarket) taking least margin comes to be 12% without vegetables
What is the average gross profit for a food store?
The average gross profit margin for a food store typically ranges between 20% to 30%, depending on factors such as the type of store, product mix, and location. Grocery stores often operate on thinner margins compared to specialty food stores, which may achieve higher margins through unique offerings. Effective inventory management and pricing strategies can also influence a store's gross profit. Ultimately, the specific figure can vary widely based on individual business circumstances and market conditions.
What is expectation on sales and profit from the convenience store business?
Expectations for sales and profit in the convenience store business can vary widely based on location, store size, and management practices. Typically, a well-placed convenience store can generate annual sales ranging from $300,000 to over $1 million. Profit margins are generally between 1% to 3% of sales, but higher-margin items like snacks and beverages can improve profitability. Overall, effective inventory management and customer service are crucial for maximizing sales and profits in this competitive sector.
Are there any coupons for an iPad?
Your local store is unlikely to offer any coupons for a discount on iPads, since the profit margin for these devices is essentially nil. You may some accessories such as cases, stands and speakers on sale, however.
