FY2025 Thrift Store Expenses

Labor is the biggest expense (68%): The thrift store is staffed with people who receive donations, sort and price items, display them, work the register, and help customers. This is typical for retail operations.

Utilities keep the doors open (15%): Electric, gas, and garbage service cost nearly $15K per year to maintain a welcoming shopping environment.

Everything else is efficient (17%): Insurance, depreciation, professional services, and miscellaneous operating costs are well-managed.

The profit margin is excellent (32%): With $147K in revenue and $99.8K in expenses, the thrift store generates $47K in profit. Most retail stores operate at 5-10% margins.