Is A Hardware Store Profitable. So sure the personal customer service and friendly atmosphere are great and all. On average a good performing hardware makes a net profit of 10 its daily sales.
High-profit hardware stores generated nearly 400000 more in sales than typical stores and had an average profit margin of 74 percent compared to typical stores 29 percent. Software. How can you make your business more profitable.
In 2009 the average gross profit of convenience stores was 477 894.
I would suggest looking at your local lowes or home depot first and then trying smaller hardware stores second only. Its also about margin. So sure the personal customer service and friendly atmosphere are great and all. This article offers tips on how to open a hardware store business.
