I’ve always wanted a skate shop. I started skating in 1998. I’m 39 and still skate hoping to find a way to finally make my dream a reality. We don’t have a skate shop in my city. My problem is I don’t have good credit because of student loans and don’t make a lot of money in my field . If there’s a will there’s a way.
To me the biggest fear of opening a shop would be paying back the bank loan as well as paying the monthly lease. How does that work? Seems like a lot of money…
You don’t have to take out a loan if you have the money saved up. The way I do it is a still work a day job and slowly invest money into the shop. It’s a lot of work, but sometimes that’s what you have to do. Some of these skateboar distributors will let you get a line of credit, though to help you stuck your store.
Having the shop in a prime location with high foot traffic is crucial to attract both skaters and, of course, those non-skaters. This video is filled with so many valuable insights! Thanks for sharing and keeping it real! 🛹👍
Great video!
I own a skate shop. I opend when i was 19. I agrea to what you say! Keep it up
That’s awesome. Thanks.. I know I left a lot of stuff out but that should be enough for somebody to see that it’s possible.🙏🏾
I’ve always wanted a skate shop. I started skating in 1998. I’m 39 and still skate hoping to find a way to finally make my dream a reality. We don’t have a skate shop in my city. My problem is I don’t have good credit because of student loans and don’t make a lot of money in my field . If there’s a will there’s a way.
To me the biggest fear of opening a shop would be paying back the bank loan as well as paying the monthly lease. How does that work? Seems like a lot of money…
It’s a very hard business to keep open only do it if you really love skateboarding.
Did you have to take a loan out to get started and if so how much ?
You don’t have to take out a loan if you have the money saved up. The way I do it is a still work a day job and slowly invest money into the shop. It’s a lot of work, but sometimes that’s what you have to do. Some of these skateboar distributors will let you get a line of credit, though to help you stuck your store.
I’ve been thinking about opening a skate shop but I’m still thinking if it would be a good idea…
Do it only if you really love it
Having the shop in a prime location with high foot traffic is crucial to attract both skaters and, of course, those non-skaters. This video is filled with so many valuable insights! Thanks for sharing and keeping it real! 🛹👍
Thanks. Yeah location is one of the most important things.