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Old 29-03-2023, 03:40 PM
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Thumbs up I wonder how do small shops make money?

An honorable member of the Coffee Shop Has Just Posted the Following:

I walked past mature estate provision shops selling cheap home DIY items, t shirts, small things like alarm clocks.. all items are just 5-10bucks.. I wonder how many they need to sell just to cover overheads and then turn a profit. Pasar malam also, some sells $1-2 items, is the sales so much that it can cover overheads of $$300- $500 a day?

My question is- are they always profitable or some are barely breaking even? With our high rental cost, it's incredible how they can stay afloat and...

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