How do u get financing to purchase or open one they said I need to be in business for two years to get a loan I don't a have any assets besides my car but I have great credit and have monthly income I have been thinking about maybe getting credit cards and max them out to purchase it but the interest rate may be to high if u have any ideas I would much appreciate it I'm tired of working for somebody and want to build something that I can leave for my future family
@@jamesgradys3885 I bought my first one thru owner financing. Go knock doors and ask current convenience stores if they would be willing to sell. Many businesses are hard to sell and owners will usually sell them thru owner financing with a small down payment.
100% true that need to choose right location otherwise you’ll not gonna succeed like I made a mistake about location and loosing all the money I invested 😢
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Use a successful convienience store in your area as your base model for products, layout, display, etc. Copy success. Don't try to reinvent it...
Or just buy a successful one
Led me to think
Can you make a video on what order I should do everything? I don’t know if I should look for a location first or get my permits first
it's probably better to have a location in mind first because some of your permits will require information about your location.
Part of the reason I’m concidering this is becuz of items I enjoy that can be hard to find sometimes
Customer service for me nothing like being wanted
Great video . With aloy of info
Thanks for watching Melinda!
Speaking of sales growth how about its incredible tight margins
Great video. Thank you so much.
Thank you for watching!
Nice! I am about to open my 2nd convenience store/butcher shop in Texas.
Congrats Sergio! Let us know if you're interested in a new point of sale system ;)
How do u get financing to purchase or open one they said I need to be in business for two years to get a loan I don't a have any assets besides my car but I have great credit and have monthly income I have been thinking about maybe getting credit cards and max them out to purchase it but the interest rate may be to high if u have any ideas I would much appreciate it I'm tired of working for somebody and want to build something that I can leave for my future family
@@jamesgradys3885 I bought my first one thru owner financing. Go knock doors and ask current convenience stores if they would be willing to sell. Many businesses are hard to sell and owners will usually sell them thru owner financing with a small down payment.
@@SergioB-MakingMillionaires how much is the down payment usually?
@@jamesgradys3885 it depends whatever deal you work with the owner. Some owner may be desperate to retire and may not ask for much.
Now please give me the best websites for a convenience store to source their beverages, Candy bars, chips etc
That's a good topic idea! We'll add that to our blog/video calendar and let you know when it's published.
100% true that need to choose right location otherwise you’ll not gonna succeed like I made a mistake about location and loosing all the money I invested 😢
i would like to hear your story
GOOD INFO
Glad you found it helpful!
🚚🍅🥑🍱🍯 Great information 🫵🏼 planing is very important 🤔 SWOT 🗳 weaknesses, threats, strength, ✍️ opportunity thanks for the informative ✌️
Several million off one store? that’s of course before expenses