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Generally from $125/sq ft for small pet shop to 1,400 sq/ft for the big warehouse stores.
The ratio of rent to sales is called "Occupancy Cost". Its range is large because different categories of "retail" can support different levels of this OC. In general they will range from 4-15%
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What should be the percentage of rent to sales in a retail business?
Retail speciality rent should not exceed 10% of gross sales. Project a realistic expectation of sales to establish a rent you can support. Calculate your base rent on this projection and allow for a 20% error on the down side. Keep in mind the lessor must cover costs and realize a gain on the investment, so new facilities may not be within range of what you can support. Depreciated older property may be the best option. If your business is characterized by growth, you may want to offer the lessor a percentage of the sales over the base amount to offset a lower rent.
Which are greater wholesale sales or retail sales?
Retail sales.
What percentage of retail gross sales should go to rent?
Depends on the business but for most small business your total occupancy cost should never exceed 10% of total sales.
What is the average percentage of rent to gross sales in a small retail store?
In retail ( outside a mall) I would think around 6 to 9% I would add my advertising cost to that for the real number . If your not in the mall, I like to think my business is a combination of expousere from rent and advertising.
What is the retail area in a retail store?
Open area in a retail store. for freelacing serch SIFreelancingCenter
Is there a simple form for tracking sales traffic count closing ratio and average sale for a retail furniture salesman?
You can use an Excel spreadsheet to help track sales traffic closing ratio and average sales. You can set up the spreadsheet they way you like and input the information as necessary for the calculations.
What is a Retail Sales Associate?
A sales clerk. Person who works on a sales floor of a retail store.
What is the subject in this sentence Retail sales rose modestly last month?
Retail sales.
The records of Alaina Co provide the following information for the year ended December 31 Jan 1 begin bal at cost 81670 at retail 114610 cost og goods at cost 492250 at retail 751730 sales at retail?
The cost-to-retail ratio for beginning inventory is 0.711, calculated by dividing the beginning cost of $81,670 by the beginning retail of $114,610. Cost of goods sold is $492,250 and sales are $751,730 at retail, so you can estimate cost of goods sold as $349,953 (0.466 x $751,730).
What does retail sales mean in finance?
Retail sales means what are the amount of sales that a retail store sells to the public. Places like walmart, gap or target are all retail sellers. Finance deals with money.
What is retail sale?
Sales clerk. Person who works on a sales floor of a retail store.
What were gum sales in retail food outlets in 1999?
Gum sales in retail food outlets had sales of $594 million in 1999
