Estimated Processing Costs
Appx. Costs of Processing 720 items/month
at 50 mins/item
Labor for 2 employees at $8/hr, 24 days per month
$3,072
Manager (3rd person) $30,000/year or
$2,500
per month
Lease for prime retail store space
$2,500
Utilities (phone, DSL, electricity, gas, alarm, trash, water,
sewage, etc)
$690
Insurance for store and items (not health)
$200
Advertising and promotion locally
$1,000
Auction management software fee
$250
Taxes, licences, etc
$100
Supplies (office, cleaning)
$100
Total estimated expenses per month
$10,412
Cost per item
$14.46
© 2006-2007 eCential
Group, LLC