Convenience Stores

Startup Costs: $10,000 - $50,000
Franchises Available? Yes
Online Operation? Yes

In spite of the rising popularity of internet shopping combined with home delivery of grocery and convenience items, starting and operating a 'mini convenience store' is still a good business venture to activate that has the potential to generate respectable profits. The name suggests it all. In order to succeed in this segment of the highly competitive retail industry, the store must be convenient. This means an easily accessible and highly visible business location, well-stocked with the most popular convenience products, and fast and friendly service. Remember, if a customer's shopping experience at the store is not convenient then there won't be any repeat business. In addition to the usual supply of convenience products, such as milk, eggs, bread, snack items, and soda pop, be sure to add other products and services to attract customers to the store and keep them returning as repeat business. These products and services can include lottery ticket sales, tobacco products, newspapers and magazines, a fax service, photocopying, calling cards, postal stamps, and even fresh-cut flowers for sale on a daily basis. Once again, business location is the key to success. The business must be located with easy street access and good parking, or alternately in an area of heavy foot traffic like a mall, transportation terminal, or office district.

The Market

People in a need of a convenient, one-stop place for one or more of their needs

Convenience Stores Ideas

Lighting Shop

It's time to shine some light on your business startup.

Gun Shop

Here's a great market to shoot for.

Inventory Liquidation

Every cloud has a silver lining. When other stores close shop, you can buy their products wholesale.

More from Business Ideas

Business Ideas

67 Businesses to Start for Under $10,000

Need new inspiration for a business you can start with $10,000? Here are more than 60 profitable business ideas you can run with now.

Side Hustle

20 Side Hustle Ideas for Summer 2024: Part One

Instead of spending money this summer, prepare now to make extra cash through the following side hustles while still enjoying your free time.