How Much Does it cost to open a small clothing retail shop?
Clothing, food, housing, and transportation are the four important things in people’s life. And from what The dressing comes first. There’s a old words says “people rely on their clothes and Buddha on gold garment”. Therefore ,People can easy read from person’s taste and style by look at his dressing. Moreover ,It’s hard for us to change the thinking mode of the “first impression” in this society. So, what we can do ? only dress as neat and clean as possible.
Why open a clothing store?
First of all, the clothing store is very important for people’s daily life. Every time a girl goes shopping, she will unconsciously walk into the clothing store and quickly select the style she likes with skillful skills. Although boys are not very picky about clothes, they always have one or two clothes that press the bottom of the box. They wear them every time they celebrate festivals, feast, date girls, etc. That is to say, both men and women like to dress up, like beauty, but girls’ requirements of quality and quantity are relatively high. So, there’s huge consume ability in this market.
Second, the cost of opening a small clothing store is much smaller than other business opportunities For example, if you open a restaurant, you will need a lot of money and time. But for garment shop are quite easier to start.
Thirdly, the management and management mode of a clothing store is relatively simple, which is more suitable for a first-time entrepreneur. You don’t need a lot of business experience and theoretical knowledge. As long as you are enthusiastic, diligent and passionate, you are a good salesman and you can open a good clothing store.
How much does it cost to open a small clothing store?
Since the clothing store has a stable consumer base, how much does it cost? Generally, the price of opening a clothing store varies greatly. There are tens of thousands of US dollars and hundreds of thousands of US dollars. For example, the daily flow of people varies from 5000 to 10000. The rent of a 30-40 square meter store is about 4000 US dollars to 5000 US dollars. The simple decoration is about 500 US dollars a square meter, and the cost is 15000 US dollars Between $20, 000 and $20, 000.
If you want a good business in a clothing store, the good decoration is necessary. Of course, clothing stores need to put props, hangers, and ornaments, which is very important for improving their style. The key is to be economical and affordable. The rest of the decoration money will be invested here. The cost will vary from $5000 to $8000, depending on their own needs. Of course, if you want to open a large clothing store, the cost of decoration and Exhibition cabinets must be higher, so you need to take it into account when making a budget.
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Inventory and cost
The purchase and inventory are usually determined according to their own market positioning. The first purchase is about 200 pieces, one is enough to fill the scene, the other is enough to ensure that there are enough styles for customers to choose. Assuming that the purchase price of each garment varies from 20 to 50, the purchase price is about $67000.
Of course, you can choose to buy them from China and sell them. As we all know, China is the largest garment manufacturer in the world, with good quality and low price You can also choose to wholesale on Amazon and then sell it back.
Finally, there are labor, water, and electricity, taxes and incidentals. Generally, labor is to hire a person, about 3000 dollars, about 200 dollars for water and electricity, 500 dollars for taxes, 200 dollars for incidentals, and about 4000 dollars for expenses (the data is for reference only).
From the above information, we can clearly understand that the investment of opening a small clothing store is not particularly large, opening a store is simple but difficult to operate, and the clothing industry has always been a very competitive industry. How to stand out from many of the same industry still needs entrepreneurs to think more.