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Fairfax Underground
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Vitamin Stores
Posted by:
Hz2Pee
()
Date: January 02, 2017 10:52AM
We passed a Vitamin Shoppe in a strip mall and openly wondered how they are making any money, particularly in this slummy area where folks are eating mainly fast food. We assumed they are payjng $1000/mo in labor and $2000/mo in rent. With insurance, overhead, and a franchise fee, they'd need to clear probably $10000/mo to see minimal profit. Who the fuck is going in these places? And are they dropping big coin?
Re: Vitamin Stores
Posted by:
vitamins
()
Date: January 02, 2017 11:25AM
Hz2Pee Wrote:
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> We passed a Vitamin Shoppe in a strip mall and
> openly wondered how they are making any money,
> particularly in this slummy area where folks are
> eating mainly fast food. We assumed they are
> payjng $1000/mo in labor and $2000/mo in rent.
It's called "markup". They buy discounted large quantities and re-sell it for 2 to 3 times what they paid. I'm guessing your salary number is way off. Figure it takes about 12 hours a day to run the place. That's 360 hours a month. Maybe about 12 bucks an hour, that equates to more than 4,300 in labor. 2-3K in rent, another 2-3K in overhead expenses, rounds to about 10K a month in operating costs. That's about $333 a day in sales. That's not a hard number to make. I've bought vitamins at one of those places, probably spent at least 50 bucks every time I went there. And those stores usually have a dedicated customer base who spend a lot more than that regularly.
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> We passed a Vitamin Shoppe in a strip mall and
> openly wondered how they are making any money,
> particularly in this slummy area where folks are
> eating mainly fast food. We assumed they are
> payjng $1000/mo in labor and $2000/mo in rent.
It's called "markup". They buy discounted large quantities and re-sell it for 2 to 3 times what they paid. I'm guessing your salary number is way off. Figure it takes about 12 hours a day to run the place. That's 360 hours a month. Maybe about 12 bucks an hour, that equates to more than 4,300 in labor. 2-3K in rent, another 2-3K in overhead expenses, rounds to about 10K a month in operating costs. That's about $333 a day in sales. That's not a hard number to make. I've bought vitamins at one of those places, probably spent at least 50 bucks every time I went there. And those stores usually have a dedicated customer base who spend a lot more than that regularly.
Re: Vitamin Stores
Posted by:
beaner beaner
()
Date: January 02, 2017 11:26AM
It's primarily two groups;
1) muscle head dudes with shriveled balls
2) snowflake bitches that read some bullshit on the web about supplements
Group 1 spends a lot of $$ there til their balls fall off. Group 2 is only there until the next shiny thing distracts them into doing something else.
1) muscle head dudes with shriveled balls
2) snowflake bitches that read some bullshit on the web about supplements
Group 1 spends a lot of $$ there til their balls fall off. Group 2 is only there until the next shiny thing distracts them into doing something else.