About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Cigar Sales
Startup Costs: $2,000 - $10,000
About
Home Based: Can be operated from home.
Franchises Available? No
Online Operation? Yes
This hot business is so specialized, it'll have you smokin' out profits in no time.
Business Overview
Across the United States millions of dollars’ worth of cigars are sold monthly, some for $250 or more each--making this a very lucrative market. Once you've secured a wholesale source for purchasing cigars, here are a few ways to retail them for a profit: * Establish a small kiosk in a mall or market location for selling cigars. * Employ direct sales teams remunerated by way of commission based on their sales. * Initiate a direct-mail and email campaign aimed at corporations to purchase the cigars to give to valued clients and business associates as gifts. * Purchase vending machines and stock these machines with cigars for sale. The machine will have to be a “minihumidor” and can be located in high-traffic gathering places such as restaurants and pubs.
The Market
Cigar coinsurers and novice smokers alike
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Fun Money
Whether your passion is pottery, painting or playing video games, there's money to be made from your hobby.
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About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
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About costs
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