![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, June 09, 2012 12:07:13 PM
Employees get about $2.20 per hour minimum wage but work for tips mainly. The rent is probably under $1000 per month. Utilities $500. What else is there? Uniforms I don't think the company pays for. Taxes are a percentage of income, and the licensing is a once a year expense, and marketing is optional. Inventory and supplies are directly proportional to the amount of sales and comes out of the total company inventory. The more stores they have, the more profitable this becomes. The other things are fixed expenses.
Expenses for an moderately busy kiosk:
--------------------
Payroll $2100 per month (minimum wage x 2 employees for 12 hours daily incl. unemployment comp.)
Rent $1000 per month
Inventory $200 per month
Supplies $500 per month
Utilities $500 per month
Insurance $100 per month
----
Total $4400 per month
That's $146 per day expenses. Add 50% for taxes and you're at approximately $220 per day. I can't think of anything else.
This is about typical for most small start-up businesses. It's good that you're asking questions though.
Maybacks Global Entertainment and ZEASN Technology Private Ltd. Sign Global Licensing Agreement • AHRO • Aug 8, 2024 7:00 AM
SANUWAVE Will Host a Conference Call on August 13, 2024 at 8:30 AM (ET) to Present Q2 Financial Results • SNWV • Aug 8, 2024 6:59 AM
Kona Gold Beverage Inc. Signs Letter of Intent with Bemax, Inc. to Sell Kona Gold, LLC • BMXC • Aug 7, 2024 10:00 AM
Btab Ecommerce Group, Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • BBTT • Aug 7, 2024 9:00 AM
Hydromer, Inc. Announces Preliminary Unaudited Second Quarter 2024 Financial Results and Provides Business Update • HYDI • Aug 7, 2024 8:52 AM
North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • NBRI • Aug 5, 2024 9:00 AM