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| TigerMalls Corporation 89 cent store franchise TigerMalls Corporation Franchise Business Model of 89 cent Stores Start a 89 cent Store - Affordable Franchising. The estimated initial investment for establishing a 89 cent store is very affordable. If you have $20,000 - $30,000 in cash, good credit and collateral, we can assist you in attempting to secure a loan through the Small Business Administration or your local lending institution in the state you live in. Estimated Fixed Costs | 750 SQ. FT. 89 cent Store
| 1500 SQ. FT. 89 cent Store
| Inventory | $40,000.00 | $85,000.00 | Fixtures | $10,000.00 | $22,500.00 | Signs | $1,000.00 | $7,000.00 | Office Equipment and Supplies | $3,000.00 | $11,500.00 | Grand Opening Advertising | $1,000.00 | $2,000.00 | Initial License Fee | $18,000.00 | $18,000.00 | TOTAL | $73,000.00 | $146,000.00 | | | | Estimated Variable Costs | 750 SQ. FT. 89 cent Store
| 1500 SQ. FT. 89 cent Store
| Back Stock and Follow up Inventory | $10,000.00 | $10,000.00 | Rent (1st month + security) | $4,000.00 | $10,000.00 | Leasehold Improvements | $4,000.00 | $10,000.00 | Insurance Premium | $500.00 | $2,000.00 | Expenses During Training | $500.00 | $3,000.00 | Miscellaneous Operating Costs | $2,000.00 | $4,000.00 | Working Capital | $5,000.00 | $10,000.00 | | $26,000.00 | $49,000.00 | Add $10,000 to the cost for every 100 SQ. FT. above a 1500 SQ. FT. 89 cent store. | TOTAL Cost of a turn key 750 SQ. FT. 89 cent Store is the figure your seeing rite below here. | TOTAL Cost of a turn key 1500 SQ. FT. 89 cent Store is the figure your seeing rite below here. |
| $99,000.00 | $195,000.00 |
Your investment will vary according to these costs, costs of build-out, size of store.
$0.89 cent Store Franchise fee's OPTION - I The percentages stay the same from a 1500 SQ. FT Store, to a million SQ. FT. Store | INVESTMENT BREAK UP FOR APPRX. 1500 SQ. FT. STORE | PARTICULARS | AMOUNT (INR) | CONVERSION RATE | FRANCHISE FEES (LIFETIME/TRANSFERABLE*) | 5% | Fixed | STORE INTERIOR / EXTERIOR FITOUTS | 5% | @ 500 per sq. ft.(Required) | INVENTORY (STORE FILL) | 9.5% | @ 950 per sq. ft.(Required) | IT, SOFTWARE, POS | 0.5% | Required | TOTAL | 20% | Fixed Franchise Fee's
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OPTION - II | INVESTMENT BREAK UP FOR APPRX. 750 SQ. FT. STORE UP TO 1499 SQ. FT. STORE | PARTICULARS | AMOUNT (INR) | CONVERSION RATE | FRANCHISE FEES (LIFETIME/TRANSFERABLE*) | 2% | Fixed | STORE INTERIOR / EXTERIOR FITOUTS | 1.5% | @ 500 per sq. ft.(Required) | INVENTORY (STORE FILL) | 2.85% | @ 950 per sq. ft.(Required) | IT, SOFTWARE, POS | 0.5% | Required | TOTAL | 6.85% | Fixed Franchise Fee's
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* Condition's apply Your eligibility qualifications :
Must have good credit, collatoral, some cash to deal with the banks or the ability to pay cash in full at the time of signing the contract. Margin/Sales :
Though the margin varies from one product category to the other but on an avg. it is about 25%+. and/or average, daily sales in a store is aproximately 70K-90K in a shopping mall, 20K-55K in a high street market, the average daily sales may vary depending on your area and how your employee's treat your customers, re-stocking your store should never be an issue. Start up Support :
In addition to the national level of branding by my parent company, we provide complete training of employee's if you needed it, software training for Point of Sale system, batch out training for ebt= food stamps, credit and debit cards, re-order point training, management training, locating the rite area for your store with high foot traffic, vehicle traffic and eye sight visibilty. | |
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