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Not really, we have experimented with this and it hasn't been a problem. That being said, I wouldn't test it any longer than I did on the video haha.

I have moved on from that venture but thank you .

Always!

Really appreciate that!

Glad to hear this and best of luck!

Every city will be different. I can suggest uline.ca which is big name that we use if we can't find anything locally. Alternatively try Amazon or Costco when just getting started.

Oh wow. How long did you have it ? Looking forward to seeing that video! That's a cool idea I'd like to see come to life.

Ok video is now made. I need to edit it. Will send you a link once published …. Friday 6th Sept :) Thanks and keep your videos coming. I look forward to knowing more

Hey there. Thanks for watching our videos. Personally I would wait until you are able to commit fully to the business. This is not a passive business. If you buy a business that is profitable you may see profit earlier than normal. it really depends on many factors such as how much you bought the business for and if you are paying the business loan off monthly.

Thank you!

Really appreciate your comment. I hope to help you see what this really entails.

Thank you. To you as well!

There's a few people interested but it does take 6-8 months to sell a business completely on average.

@@lifeasiknowit89says who? You are either lying or are uneducated on this

@@stupidzombie2000Your name is stupidzombie and a stupidzombie you are indeed.

Right back at you from another Italian!

Hey we are in Windsor Ontario

Unfortunately we do no still sell the coffee. I had too many things going on and I retired coffee.

😂😂😅this Guy IS in canada

@@rapture1014 ....Thanks..🤓...I didn't know, but hopefully he will respond with an opinion on Kamala's proposal.

Yes, it is a very very tough business. There's a lot of expenses and you right around the mark for the rent and utilities and inventory equal around $6 to $7,000. However, some people do very well and last a long time in this business because they find a way to build up the average sale. You're looking at a $20 average spend in a small store like this. Is a volume-based business just like any other food-based business. Think restaurants bakeries small cafes. Yes, many do falter in a few years but some do succeed into a very busy location.

You don't have to scream.

Really appreciate the compliment.

Thank you so much. We hover around 40 percent gross margins. We started as just a produce store as well but had to expand into carrying many many more not perishables to offset the cost of the waste. With the produce waste have you figured out how to repurpose some of it at least?

@@lifeasiknowit89 we sell some of the waste at 50 cent per pound to our fresh egg person, but they dont buy all the waste. So the rest just goes in the garbage. Any tips you could give would be great

Haha store is profitable, just explaining what goes into it.

​@lifeasiknowit89 you could do better. Grocery stores owners is making more millionaires (in Sweden) then any other "occupation"

@@mikaeldarander3458 seems u supply chicken 🍗 to grocery stores

The serial entrepreneur! Damn you have had quite a bit going on. The produce place and being married to it.... You described my life!

You are right that would look better but it is not as solid. We honestly use the box because we have hundreds available and it is sturdy and flat.

I am okay for now thank you!

Haha I believe the third mixed with the second and that is surround yourself with people who are looking to self-improve.

Appreciate it!

I will reach out to you.

Thank you sir 🙏

Developing a plan of my own. I see it as better to buy a shed, get some solar pannels (Now you own a very low tax very low bill pratically free space), invest and save into high yeild accounts to buy real estate or acquire businesses already going,

I'm currently in the usa, and people around here drift. They have no idea what Donald Trump is trying to do to this country, so I might literally have to leave (hes a criminal running for president who is trying to become dictator). Any advice on what I should do to prepare to go to canada? I know I have to start learning the laws, rights, and figure out who and what is going on politically up there, but I was wondering if you have any other tips

I am not too familiar with that. It sounds pretty interesting and it makes sense but I am sure there is alot more to living comfortably in a shed haha.

@@lifeasiknowit89 Yep, yo uneed to insulate it, get some solar, get a couple generators, and get a heating/cooling system.

​@@reilancutler1151what a bot. The young man here is trying to teach useful things and here you are with your TDS. Don't wait to go, go now.

Awesome best of luck to you!

@@lifeasiknowit89 🖤🖤

Varies item per item. But in general in small stores like this the gross profit margin is between 30- 40 percent.

@@lifeasiknowit89 and net profit is???

Well id say a cafe is more appropriate for people to hangout. I've seen people do cafes for those fighting with certain addictions. Never really have seen a convenience store with this purpose but that isn't to say it can't be done. 50k can be enough. You would have to start quite small I believe and hope that your renovations aren't too intensive.

Unfortunately the price was much higher than we expected and the deal didn't go through.

Haha are you in the US. I know trust me the prices are getting crazy here.

Yes they are expensive to run. However, don't be fooled an online business is not any easier or cheaper to run. Yes you can scale it much faster and quicker but there are no guarantees in business. On top of that there is no 'easy" business in general. There are people who make it look easy on the outside but deep down they may be facing hardships we can never imagine.

@@lifeasiknowit89 I think one advantage the brick and mortar food business has is it's incredibly practical and people always need to eat. If you can get a crowd of loyal patrons to come by you can get a pretty long life time value out of every customer. You can also dominate a local area too if you're one of the few stores in a 5km area. Online we're competing against the world so the noise level is super high and we're constantly fighting for eyeballs

demarcosfinefoods.com

I really appreciate it. Happy to hear you see the value in this video!

Yes, it is frustrating that most distributors only work per case. So you are left with 12-16 of the same items, when realistically you want 4. However, we do have a few distributors that break cases and allow for small quantities. However, they usually are small scale distributors so with this method the price per item is a bit more expensive.

It is always good when the neighbourhood around the store is being built up and expanding. In this niche More people in your area= more business... unless... there are multiple stores too lol

Thank you 👍

Haha that is the battle of retail store owner. High priced items generally always move a bit slower than your low ticket items. It's just the nature of the business. It's a complex question but Stick around 40 percent margin on average and flex it lower if you want to get rid of slow moving items faster.

@@lifeasiknowit89 thanks, I appreciate it.