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Rent versus Sales Percentage, Where are you??
Good question. Where are you?? the percentage varies from big cities to mid size cities and by location on the East coast, the North, South and West.
I'm in Tucson, Arizona
That would depend on many factors. Among them: Your location, price points, overehead factors, etc.
Many many years ago in the deep south, we used 8%. Have NO clue if that works for you. Talk
to a knowledgable accoundtant and/or business planner. This is all part of business plan building.
Talk to your chamber of commerce or your local small business development center - they should either know or can get you a number based on location.
If you know what area you want to be in - call some other store owners there and see what they pay.
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