i was at one of those hallmark gift card stores the other day with my grandma. while we were waiting in line 2 other ladies spent about a total of $70, the my grandma spent another $40. in 3 sales they made over $100! the cost of these items have to be cheap to buy wholesale but they sell them for alot. the only employee in the store was a little old lady who could not of been making over $10.00 an hour. the store in itself is not that big at all. they sell things beyond just gift cards, stuffed animals, seasonal items(seems like theres always a holiday) and other nic nacs. it seems like a business like this would be very easy to start and supply while making a good profit. just make sure your not close to a hallmark store already:missingte andthe other key i noticed is to put them next to grocery stores in shopping villages.
to any small biz owners out there or anyone, how hard is it to start and run your own shop? in a situation like i described above how many months/years until you turn a profit?
thoughts? comments?
to any small biz owners out there or anyone, how hard is it to start and run your own shop? in a situation like i described above how many months/years until you turn a profit?
thoughts? comments?