Newsstand
Startup Costs: $10,000 - $50,000
Franchises Available? Yes
Online Operation? No
In spite of the popularity of Internet newsgroups and news Web sites, the good old-fashioned corner newsstand is here to stay. In fact, the arrival of the Internet has only increased the public's desire for information'electronic or print. Starting a newsstand retail business requires getting in touch with one of the many distributors that carry just about every kind of magazine, publication, and newspaper you can imagine, and so building alliances with hundreds of publishers is not required. Additionally, most distributors of publications in every form have a buy-back policy, meaning that once the publication is out of date it is returned and there is no charge levied for it. The key to a successful and profitable newsstand business is diversification; the business should also provide customers with product selections such as lottery tickets, cigars, and snack items.
Newsstand Ideas
Hobby Shop
A hobby shop is the ultimate way to feed the latest fads as well as your business.
Wine Shop
Drink to your health and to your business.
Linen Shop
This retail business requires an eye for detail and design.
More from Business Ideas
How to Launch a Business in Retirement — In 5 Surprisingly Simple Steps
With untapped ideas and energy, retirement can be the perfect time to find purpose by launching a successful business.
I'm a CEO Who Wanted to Lose Weight and Improve My Health. Applying Business Strategies Helped Me Do It — Here's How.
By bringing the same execution principles I apply in business into my personal life, I've discovered that true leadership hinges on integrity and that achieving lasting results requires a holistic approach to life, not just a focus on strategy.
This 17-Year-Old High School Student Has a $20,000-a-Month Side Hustle — and It All Started With a Skill He Learned in Class
Michael Satterlee is a full-time student and the founder of Solefully.