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Alias Born 05/31/2012

Re: payperview post# 18139

Saturday, 06/09/2012 12:07:13 PM

Saturday, June 09, 2012 12:07:13 PM

Post# of 45244
Sure you can easily run a coffee kiosk on $350 per day. I imagine $220 per day would be about break even staffed by two employees for 12 hours daily.

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.