How much to rent a retail store in the mall?

[NoSup4U]

It was $3400 a month at Chinook for a kiosk in 2011 (busy season leading to Christmas).

As of last weekend, there is a vacant kiosk at Cross Iron adjacent to the food court. Maybe you could get a deal so it isn't sitting empty.

But realistically, how many man-children are you going to find to offset rental costs It's a pretty niche idea.

Stick to the suggestions of the flea markets, or try out the farmers market. Find a way to get the word out and test the waters.

[TomcoPDR]

Mar...

What about instead of a mall location. Your business is perfect to transform an old Snap-on, food truck, clear window cube advertising truck. And do a rolling store.

Or just import one of these Japanese custom trucks.

[clem24]

Originally posted by Xtrema
I think there was a niche store there, selling comic based stuff and has moved to CrossIron. Northland's foot traffic is so damn low even with 4 anchors.

That would be Comikaze. It's in a strip mall on McLeod beside Salt & Pepper now. No such store in Crossiron. Maybe you're thinking of Forever Toys, which doesn't sell comics or collectibles?

[BigMass]

and this is why malls are so boring now. I remember places like Mar is talking about all over malls in the 80s and 90s. Collectible stores, comics, coins, antiques etc. Rent in malls was dirt cheap and you had a lot of variety. I'd love to see Mar's store in Chinook over another stupid chain clothing store.

[muse017]

Good luck renting at all major malls in Calgary.
A couple years ago I was looking to purchase a small franchise(food court) in one of the major shopping mall and the rent and associated misc fees accounted almost 30% of their gross annual sales. On top of that, another 9% for the franchise fee.

[TYMSMNY]

^ which one if you don't mind me asking.

[clem24]

Originally posted by BigMass
and this is why malls are so boring now. I remember places like Mar is talking about all over malls in the 80s and 90s. Collectible stores, comics, coins, antiques etc. Rent in malls was dirt cheap and you had a lot of variety. I'd love to see Mar's store in Chinook over another stupid chain clothing store.

Well.. That's just pure economics. Probably why arcades have disappeared too.

[speedog]

Bumpitty bump bump.

Happened upon this thread while surfing and am now wondering whatever came of this business venture?

[NissanFanBoy]

What the hell is a transformer? And is Mar making a living being his own boss selling this stuff? Lol ... Tell me now so I can quit my job.

[Xtrema]

I would think Amazon may be better for niche stuff now than physical mall.

[msommers]

3rd party seller on Amazon is all the rage

[tonytiger55]

Fuck Amazon.
I tried to buy a backpack from the American site. I selected ship to Canada on the search criteria. The pack came up. Hell it even said 'Amazon Recommends'.
When it came to selecting my address, it said it cant ship. I was like wtf? I got customer service on the line, they had to transfer me to the USA customer service. They could not help and just said buy it from the Canadian site. I checked and its not available.

I thought Nafta was to make this shite easier?

Wankers.

[Mitsu3000gt]

Why not start out with a website and web-sales, eliminate 99% of overhead and avoid the possible failure of an expensive lease? Re-evaluate in a few years and think about a physical location if it still makes sense once the idea has proven itself.

[Mar]

This quote is hidden because you are ignoring this member. Show Quote

Bumpitty bump bump.

Happened upon this thread while surfing and am now wondering whatever came of this business venture?

One of my friends that came to live with me for a while had been running stores for years that sell these small things imported from china, like $2 belt buckles that sell for $20, and ear gauge plugs that are about 50 cents each and sell for something like $10 or more. He was going to run it and I was going to be the money but it was way too expensive to get the kiosk so we didn't bother. He ended up moving back home again.

[Xtrema]

This quote is hidden because you are ignoring this member. Show Quote

One of my friends that came to live with me for a while had been running stores for years that sell these small things imported from china, like $2 belt buckles that sell for $20, and ear gauge plugs that are about 50 cents each and sell for something like $10 or more. He was going to run it and I was going to be the money but it was way too expensive to get the kiosk so we didn't bother. He ended up moving back home again.

Well sounds like he got a winning business idea here.



What you just described is dollar stores.

[Mitsu3000gt]

This quote is hidden because you are ignoring this member. Show Quote

One of my friends that came to live with me for a while had been running stores for years that sell these small things imported from china, like $2 belt buckles that sell for $20, and ear gauge plugs that are about 50 cents each and sell for something like $10 or more. He was going to run it and I was going to be the money but it was way too expensive to get the kiosk so we didn't bother. He ended up moving back home again.

Did your friend not know that we have dollar stores here?

[Mar]

That's the really cheap stuff, I'm talking about the stuff you always see people buying for $10-$20 for fashion. Ever see people with those happy face or NES controller metal belt buckles? It's good quality, it's just 5000% markup. The mall is full of the kiosks now.