Cost of Opening a Kiosk
Starting investments for a kiosk are in the $2,000 to $10,000 range, about 1/10 or less than the cost for prime rental space in a permanent retail location which can run upwards of $100,000. Retail kiosks are more suitable for small businesses due to lower costs.
- Location rental costs range between $600 and $6,000 per month. Some shopping centers may require a fixed percentage from sales.
- Additional costs include permits, licenses, and equipment ranging from $100 to $1,000 depending on location.
Types of Kiosks
There are floor mounted, counter mounted, and wall mounted kiosks. Prices range from $2,000 to $10,000. Discounts available for larger purchases. American-made kiosks are more expensive but favored for big retail projects.
Ongoing Expenses
Ongoing expenses for a kiosk include maintenance, products, advertising, software, training, service, warranty, and tech support. The software guides the kiosk’s functions.