Is Owning a Cigar Shop Profitable?
Overview of Opening a Cigar Shop A cigar shop requires significant initial investment for space, humidors, shelving, and inventory. Budgeting for quality products is crucial. Startup Costs and Markup Startup Costs: The investment needed to open a cigar business ranges from $630,000 to $2,420,000, including equipment, labor, and marketing. Markup on Cigars: Retail stores typically … Read more