Hi evryone
Great site with great advises..I am new to the convenience store "world" but I am very interested in opening one close to were I live in Chicago. I have found an amazing I belive location. The store front is in the ground level of a 370 unit building and is around 2200 sf. The lanlord is asking $4000 plus another $3-$4 per sf for CAM and taxes. As I said is a corner unit in a high populated area in new neighborhood. The closest White hen pantry is about 7 blocks from that location. Now the storefront is situated in one of the busiest streets in the neighboorhood with constant traffic. Right 2 blocks away is a School with around 5000 students or more, and accross from the store is a huge police academy bulding, a fire department, a salvation army headquatrers. and a park near by. Also right to the back of that bulding is another building with around 150 condos as well as other residential buildings and homes. I will like to use the same concept as the white hen/711 but I am still trying to evaluate the start up cost. I am thinking to have 10-12 doors for beverages and another 2-3 freezers. Coffee station with fravor coffes and pop machines etc.I will also carry deli meat to prepare paninis, sandwiches, as well pre made breakfast stuff and counter pizza. I am thinking that I will need around $150.000k to start. Is that a good estimate? what kind of lease should I sign? should I lease the equipment? The landlord said he will give me 4 months free rent to fix the place up. Do you have any good suggestions to advise.. I just dont want to loose this spot because I am 99% that the location is awsome for a C-store. Thank you in advance.
Dimitris
