{"product_id":"antique-mall-startup-costs","title":"Antique Mall Startup Costs: Plan for $429K in Funding","description":"\u003cbr\u003e\u003cdiv class=\"card_smpl\"\u003e\n\u003cp\u003eYou should plan for about \u003cstrong\u003e$429,000 in total funding\u003c\/strong\u003e to open an antique mall under the researched base-case assumptions That includes \u003cstrong\u003e$197,000 in startup CAPEX\u003c\/strong\u003e, led by a \u003cstrong\u003e$120,000 retail build-out\u003c\/strong\u003e, \u003cstrong\u003e$25,000 in display cases and shelving\u003c\/strong\u003e, and \u003cstrong\u003e$15,000 in POS hardware\u003c\/strong\u003e The model also carries a \u003cstrong\u003e$183,000 EBITDA loss in the first operating year\u003c\/strong\u003e, so working capital matters as much as the buildout These are planning assumptions, not vendor quotes or financing guarantees, and actual costs will move with square footage, lease terms, market, and buildout scope\u003c\/p\u003e\n\n\n\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\n\n\u003ch2\u003e\u003cspan style=\"color: #126CFF;\"\u003eEstimate Startup Costs with Calculator\u003c\/span\u003e\u003c\/h2\u003e\n\u003csection class=\"fml-capex-calculator\" aria-label=\"Antique Mall Startup CAPEX Calculator\" data-locale=\"en-US\" data-currency=\"USD\" data-default-scenario=\"base\" data-export-filename=\"Startup CAPEX calculator.xlsx\" data-source-site-name=\"Financial Models Lab\" data-source-site-url=\"https:\/\/financialmodelslab.com\" data-source-page-title=\"Antique Mall Startup CAPEX Calculator\" data-note-title=\"CAPEX only\" data-note-text=\"Estimates capitalized startup assets only. It excludes inventory, payroll runway, lease deposits, debt service, working capital, vendor recruitment, and ongoing marketing after opening.\"\u003e\u003cdiv class=\"fml-capex-card\"\u003e\n\u003cheader class=\"fml-capex-header\"\u003e\u003cdiv class=\"fml-capex-heading\"\u003e\n\u003cp class=\"fml-capex-eyebrow\"\u003eStartup CAPEX Calculator\u003c\/p\u003e\n\u003cp class=\"fml-capex-intro\"\u003eEstimates the capitalized startup assets needed to open an antique mall, using capex-only setup costs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-scenarios\" aria-label=\"Scenario presets\"\u003e\n\u003cbutton class=\"fml-capex-scenario\" type=\"button\" data-scenario=\"lean\"\u003eLean\u003c\/button\u003e\u003cbutton class=\"fml-capex-scenario is-active\" type=\"button\" data-scenario=\"base\"\u003eBase\u003c\/button\u003e\u003cbutton class=\"fml-capex-scenario\" type=\"button\" data-scenario=\"full\"\u003eFull\u003c\/button\u003e\n\u003c\/div\u003e\u003c\/header\u003e\u003cdiv class=\"fml-capex-layout\"\u003e\n\u003cform class=\"fml-capex-inputs\"\u003e\n\u003cdiv class=\"fml-capex-row\"\u003e\n\u003clabel class=\"fml-capex-label\"\u003e\u003cspan\u003eRetail Space Build-Out\u003c\/span\u003e\u003csmall\u003eLeasehold work, finishes, lighting, and booth layout.\u003c\/small\u003e\u003c\/label\u003e\u003cdiv class=\"fml-capex-money\"\u003e\n\u003cspan\u003e$\u003c\/span\u003e\u003cinput data-capex-field=\"retail_buildout\" data-capex-kind=\"money\" data-capex-label=\"Retail Space Build-Out\" data-capex-note=\"Leasehold work, finishes, lighting, and booth layout.\" data-lean=\"90000\" data-base=\"120000\" data-full=\"145000\" name=\"retail_buildout\" type=\"text\" inputmode=\"numeric\" value=\"120,000\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-row\"\u003e\n\u003clabel class=\"fml-capex-label\"\u003e\u003cspan\u003eFixtures, Display Cases, and Shelving\u003c\/span\u003e\u003csmall\u003eDisplay cases, shelving, and vendor booth fixtures.\u003c\/small\u003e\u003c\/label\u003e\u003cdiv class=\"fml-capex-money\"\u003e\n\u003cspan\u003e$\u003c\/span\u003e\u003cinput data-capex-field=\"fixtures_shelving\" data-capex-kind=\"money\" data-capex-label=\"Fixtures, Display Cases, and Shelving\" data-capex-note=\"Display cases, shelving, and vendor booth fixtures.\" data-lean=\"18000\" data-base=\"25000\" data-full=\"34000\" name=\"fixtures_shelving\" type=\"text\" inputmode=\"numeric\" value=\"25,000\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-row\"\u003e\n\u003clabel class=\"fml-capex-label\"\u003e\u003cspan\u003ePOS Hardware and Website Setup\u003c\/span\u003e\u003csmall\u003ePOS terminals, payment setup, and website build.\u003c\/small\u003e\u003c\/label\u003e\u003cdiv class=\"fml-capex-money\"\u003e\n\u003cspan\u003e$\u003c\/span\u003e\u003cinput data-capex-field=\"pos_website\" data-capex-kind=\"money\" data-capex-label=\"POS Hardware and Website Setup\" data-capex-note=\"POS terminals, payment setup, and website build.\" data-lean=\"18000\" data-base=\"22000\" data-full=\"28000\" name=\"pos_website\" type=\"text\" inputmode=\"numeric\" value=\"22,000\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-row\"\u003e\n\u003clabel class=\"fml-capex-label\"\u003e\u003cspan\u003eSecurity System Installation\u003c\/span\u003e\u003csmall\u003eCameras, alarms, and related install work.\u003c\/small\u003e\u003c\/label\u003e\u003cdiv class=\"fml-capex-money\"\u003e\n\u003cspan\u003e$\u003c\/span\u003e\u003cinput data-capex-field=\"security_installation\" data-capex-kind=\"money\" data-capex-label=\"Security System Installation\" data-capex-note=\"Cameras, alarms, and related install work.\" data-lean=\"8000\" data-base=\"10000\" data-full=\"14000\" name=\"security_installation\" type=\"text\" inputmode=\"numeric\" value=\"10,000\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-row\"\u003e\n\u003clabel class=\"fml-capex-label\"\u003e\u003cspan\u003eOffice Equipment and Initial Signage\u003c\/span\u003e\u003csmall\u003eBack-office equipment plus opening signage.\u003c\/small\u003e\u003c\/label\u003e\u003cdiv class=\"fml-capex-money\"\u003e\n\u003cspan\u003e$\u003c\/span\u003e\u003cinput data-capex-field=\"office_signage\" data-capex-kind=\"money\" data-capex-label=\"Office Equipment and Initial Signage\" data-capex-note=\"Back-office equipment plus opening signage.\" data-lean=\"15000\" data-base=\"20000\" data-full=\"26000\" name=\"office_signage\" type=\"text\" inputmode=\"numeric\" value=\"20,000\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-row\"\u003e\n\u003clabel class=\"fml-capex-label\"\u003e\u003cspan\u003eContingency Reserve\u003c\/span\u003e\u003csmall\u003eBuffer for overruns, change orders, and install gaps.\u003c\/small\u003e\u003c\/label\u003e\u003cdiv class=\"fml-capex-percent\"\u003e\n\u003cinput data-capex-field=\"contingency\" data-capex-kind=\"percent\" name=\"contingency\" type=\"range\" min=\"0\" max=\"20\" step=\"1\" data-lean=\"5\" data-base=\"10\" data-full=\"15\" value=\"10\"\u003e\u003coutput data-capex-output=\"contingencyValue\"\u003e10%\u003c\/output\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/form\u003e\n\u003caside class=\"fml-capex-results\" aria-live=\"polite\"\u003e\u003cspan class=\"fml-capex-tag\"\u003eTotal CAPEX\u003c\/span\u003e\u003cdiv class=\"fml-capex-total\"\u003e\n\u003cspan\u003eTotal startup CAPEX\u003c\/span\u003e\u003cstrong data-capex-output=\"totalCapex\"\u003e$216,700\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdl class=\"fml-capex-result-list\"\u003e\n\u003cdiv\u003e\n\u003cdt\u003eSubtotal before contingency\u003c\/dt\u003e\n\u003cdd data-capex-output=\"subtotal\"\u003e$197,000\u003c\/dd\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cdt\u003eContingency amount\u003c\/dt\u003e\n\u003cdd data-capex-output=\"contingencyAmount\"\u003e$19,700\u003c\/dd\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cdt\u003eLargest cost driver\u003c\/dt\u003e\n\u003cdd data-capex-output=\"largestDriver\"\u003eRetail Space Build-Out\u003c\/dd\u003e\n\u003c\/div\u003e\n\u003c\/dl\u003e\n\u003cdiv class=\"fml-capex-chart\" aria-label=\"CAPEX cost category breakdown\"\u003e\n\u003cdiv class=\"fml-capex-bar-row\"\u003e\n\u003cspan\u003eBuild-Out\u003c\/span\u003e\u003cdiv\u003e\u003ci data-capex-bar=\"retail_buildout\" style=\"--fml-capex-share: 61%;\"\u003e\u003c\/i\u003e\u003c\/div\u003e\n\u003cb data-capex-share=\"retail_buildout\"\u003e61%\u003c\/b\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-bar-row\"\u003e\n\u003cspan\u003eFixtures\u003c\/span\u003e\u003cdiv\u003e\u003ci data-capex-bar=\"fixtures_shelving\" style=\"--fml-capex-share: 13%;\"\u003e\u003c\/i\u003e\u003c\/div\u003e\n\u003cb data-capex-share=\"fixtures_shelving\"\u003e13%\u003c\/b\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-bar-row\"\u003e\n\u003cspan\u003ePOS and Web\u003c\/span\u003e\u003cdiv\u003e\u003ci data-capex-bar=\"pos_website\" style=\"--fml-capex-share: 11%;\"\u003e\u003c\/i\u003e\u003c\/div\u003e\n\u003cb data-capex-share=\"pos_website\"\u003e11%\u003c\/b\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-bar-row\"\u003e\n\u003cspan\u003eSecurity\u003c\/span\u003e\u003cdiv\u003e\u003ci data-capex-bar=\"security_installation\" style=\"--fml-capex-share: 5%;\"\u003e\u003c\/i\u003e\u003c\/div\u003e\n\u003cb data-capex-share=\"security_installation\"\u003e5%\u003c\/b\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-bar-row\"\u003e\n\u003cspan\u003eOffice and Signage\u003c\/span\u003e\u003cdiv\u003e\u003ci data-capex-bar=\"office_signage\" style=\"--fml-capex-share: 10%;\"\u003e\u003c\/i\u003e\u003c\/div\u003e\n\u003cb data-capex-share=\"office_signage\"\u003e10%\u003c\/b\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"fml-capex-export\" type=\"button\" data-capex-export\u003eEXPORT XLSX\u003c\/button\u003e\u003c\/aside\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-note\"\u003e\n\u003cspan class=\"fml-capex-note-icon\" aria-hidden=\"true\"\u003e!\u003c\/span\u003e\u003cp\u003e\u003cstrong\u003eCAPEX only\u003c\/strong\u003e Estimates capitalized startup assets only. It excludes inventory, payroll runway, lease deposits, debt service, working capital, vendor recruitment, and ongoing marketing after opening.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003c\/section\u003e\u003cbr\u003e\u003cdiv class=\"container_new_design_blog\"\u003e\n\n\u003cdiv class=\"text-section_blog text-2_new_design_blog\"\u003e\n\n\u003cdiv class=\"line_top_blog\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\n\u003ch3\u003e\u003cspan style=\"color: #126CFF;\"\u003eWhat does the Antique Mall CAPEX screenshot show?\u003c\/span\u003e\u003c\/h3\u003e\n\n\u003cp\u003eThe \u003ca href=\"\/products\/antique-mall-financial-model\"\u003eAntique Mall Financial Model Template\u003c\/a\u003e maps \u003cstrong\u003e$197,000\u003c\/strong\u003e startup assets, depreciation and amortization, launch timing; open it and adjust assumptions.\u003c\/p\u003e\n\n\u003ch4\u003eKey screenshot highlights\u003c\/h4\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e$120,000\u003c\/strong\u003e build-out\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$25,000\u003c\/strong\u003e shelving\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$429,000\u003c\/strong\u003e cash need\u003c\/li\u003e\n\u003cli\u003eYear 1 revenue \u003cstrong\u003e$600,000\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003eYear 1 EBITDA \u003cstrong\u003e-$183,000\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003eBreakeven \u003cstrong\u003eMonth 26\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003ePayback \u003cstrong\u003e42 months\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003c\/div\u003e\n\n\u003cdiv class=\"image-section_blog image-2_new_design_blog\"\u003e\n\n\u003cdiv class=\"preview-card\" data-preview-src=\"\/cdn\/shop\/files\/antique-mall-financial-model-capex-financialmodelslab_41969196-249e-4a60-a33e-ea6ff8ffd63c.webp\"\u003e\n\u003cimg class=\"preview-img\" width=\"100%\" height=\"auto\" src=\"\/cdn\/shop\/files\/antique-mall-financial-model-capex-financialmodelslab_41969196-249e-4a60-a33e-ea6ff8ffd63c.webp?width=500\" alt=\"Antique Mall Financial Model capex inputs showing capital expenditure categories and timelines, letting users customize store build-out, equipment, renovation costs and depreciation for scenario-ready forecasts\"\u003e\n\u003cdiv class=\"preview-overlay\"\u003e\n\u003cbutton class=\"preview-btn\" type=\"button\" style=\"align-items: center; vertical-align: middle; display: inline-flex; justify-content: center; gap: 6px; line-height: 1;\"\u003e\nPREVIEW \u003csvg fill=\"#fff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"presentation\" viewbox=\"0 0 448 512\" width=\"14\"\u003e\u003cpath d=\"M416 176V86.63L246.6 256L416 425.4V336c0-8.844 7.156-16 16-16s16 7.156 16 16v128c0 8.844-7.156 16-16 16h-128c-8.844 0-16-7.156-16-16s7.156-16 16-16h89.38L224 278.6L54.63 448H144C152.8 448 160 455.2 160 464S152.8 480 144 480h-128C7.156 480 0 472.8 0 464v-128C0 327.2 7.156 320 16 320S32 327.2 32 336v89.38L201.4 256L32 86.63V176C32 184.8 24.84 192 16 192S0 184.8 0 176v-128C0 39.16 7.156 32 16 32h128C152.8 32 160 39.16 160 48S152.8 64 144 64H54.63L224 233.4L393.4 64H304C295.2 64 288 56.84 288 48S295.2 32 304 32h128C440.8 32 448 39.16 448 48v128C448 184.8 440.8 192 432 192S416 184.8 416 176z\"\u003e\u003c\/path\u003e\u003c\/svg\u003e\n\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\n\n\u003ch2\u003e\u003cspan style=\"color: #126CFF;\"\u003eHow do you fund an antique mall startup?\u003c\/span\u003e\u003c\/h2\u003e\u003cbr\u003e\n\u003cp\u003e\u003cstrong\u003eAntique Mall\u003c\/strong\u003e funding should cover \u003cstrong\u003e$197,000\u003c\/strong\u003e in CAPEX, plus lease deposits, payroll runway, and a cash reserve long enough to reach the \u003cstrong\u003eMonth 26\u003c\/strong\u003e break-even point. Here’s the quick math: Year 1 revenue assumptions total \u003cstrong\u003e$600,000\u003c\/strong\u003e — \u003cstrong\u003e$400,000\u003c\/strong\u003e booth rentals, \u003cstrong\u003e$180,000\u003c\/strong\u003e sales commissions, and \u003cstrong\u003e$20,000\u003c\/strong\u003e event fees — but the business still needs cash upfront because fixed non-payroll costs run \u003cstrong\u003e$33,000\u003c\/strong\u003e a month, including a \u003cstrong\u003e$25,000\u003c\/strong\u003e lease.\u003c\/p\u003e\n\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch3\u003eUse money for startup buildout\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e$197,000\u003c\/strong\u003e CAPEX for buildout\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$25,000\u003c\/strong\u003e monthly lease cost\u003c\/li\u003e\n\u003cli\u003eLease deposits before opening\u003c\/li\u003e\n\u003cli\u003ePayroll runway for early months\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch3\u003eProtect the cash bridge\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e$400,000\u003c\/strong\u003e booth rental ramp\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$180,000\u003c\/strong\u003e commission ramp\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$20,000\u003c\/strong\u003e event fee ramp\u003c\/li\u003e\n\u003cli\u003eReserve cash for slower occupancy\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ch2\u003e\u003cspan style=\"color: #126CFF;\"\u003eWhat affects the cost to open an antique mall?\u003c\/span\u003e\u003c\/h2\u003e\u003cbr\u003e\n\u003cp\u003eThe cost to open an Antique Mall is driven first by \u003cstrong\u003eleased square footage\u003c\/strong\u003e, the landlord’s delivery condition, and how much \u003cstrong\u003ebuildout\u003c\/strong\u003e the space needs. In the base model, plan for \u003cstrong\u003e$120,000\u003c\/strong\u003e for retail build-out, \u003cstrong\u003e$25,000\u003c\/strong\u003e for display cases and shelving, \u003cstrong\u003e$12,000\u003c\/strong\u003e for signage, and \u003cstrong\u003e$10,000\u003c\/strong\u003e for security installation; a \u003cstrong\u003e$25,000\u003c\/strong\u003e monthly lease can change cash need fast, so the biggest lever is how tightly you control opening timing and scope.\u003c\/p\u003e\n\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch3\u003eMain cost drivers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eSquare footage\u003c\/strong\u003e sets rent and build size.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLandlord condition\u003c\/strong\u003e drives hidden repair costs.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLighting\u003c\/strong\u003e and \u003cstrong\u003eflooring\u003c\/strong\u003e raise buildout spend.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eRestroom\u003c\/strong\u003e and \u003cstrong\u003efire\u003c\/strong\u003e needs can add scope fast.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch3\u003eBase model spend\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e$120,000\u003c\/strong\u003e retail space build-out.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$25,000\u003c\/strong\u003e display cases and shelving.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$12,000\u003c\/strong\u003e initial signage.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$10,000\u003c\/strong\u003e security installation.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ch2\u003e\u003cspan style=\"color: #126CFF;\"\u003eHow much does it cost to start an antique mall?\u003c\/span\u003e\u003c\/h2\u003e\u003cbr\u003e\n\u003cp\u003eAn \u003cstrong\u003eAntique Mall\u003c\/strong\u003e needs about \u003cstrong\u003e$429,000\u003c\/strong\u003e in total startup funding in the base case, not just the buildout budget; see \u003ca href=\"\/blogs\/kpi-metrics\/antique-mall\"\u003eWhat Is The Most Important Metric To Measure The Success Of Antique Mall?\u003c\/a\u003e because cash depends heavily on booth occupancy and sales flow. Here’s the quick math: \u003cstrong\u003e$197,000\u003c\/strong\u003e CAPEX plus \u003cstrong\u003e-$183,000\u003c\/strong\u003e first-year EBITDA leaves a real runway need before breakeven in \u003cstrong\u003eMonth 26\u003c\/strong\u003e.\u003c\/p\u003e\n\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch3\u003eStartup cash need\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e$429,000\u003c\/strong\u003e base funding need\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$197,000\u003c\/strong\u003e CAPEX, or \u003cstrong\u003e45.9%\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e-$183,000\u003c\/strong\u003e first-year EBITDA\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e42 months\u003c\/strong\u003e to payback\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch3\u003eCost drivers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003eBuildout and display cases\u003c\/li\u003e\n\u003cli\u003ePOS hardware and security\u003c\/li\u003e\n\u003cli\u003eLease deposits and signage\u003c\/li\u003e\n\u003cli\u003eBooth count and occupancy ramp\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\u003ch2\u003e\u003cspan style=\"color: #126CFF;\"\u003eCalculate Fuding Needs\u003c\/span\u003e\u003c\/h2\u003e\n\u003csection class=\"fml-summary-static\" aria-label=\"Antique Mall Startup Cost Summary\" data-locale=\"en-US\" data-currency=\"USD\" data-default-scenario=\"base\" data-export-filename=\"Antique Mall Startup Cost Summary.xlsx\" data-site-name=\"Financial Models Lab\" data-site-url=\"https:\/\/financialmodelslab.com\" data-source-title=\"Antique Mall Startup Cost Summary\" data-source-url=\"\"\u003e\u003cdiv class=\"fml-summary-static-card\"\u003e\n\u003cheader class=\"fml-summary-static-header\"\u003e\u003cdiv\u003e\n\u003cp class=\"fml-summary-static-eyebrow\"\u003eStartup cost summary\u003c\/p\u003e\n\u003cp class=\"fml-summary-static-description\"\u003eThis table summarizes startup CAPEX and the excluded opening cash reserve for an antique mall model.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-summary-static-actions\"\u003e\n\u003cdiv class=\"fml-summary-static-scenarios\" aria-label=\"Highlight scenario\"\u003e\n\u003cbutton class=\"fml-summary-static-scenario\" type=\"button\" data-scenario=\"low\"\u003eLow\u003c\/button\u003e\u003cbutton class=\"fml-summary-static-scenario is-active\" type=\"button\" data-scenario=\"base\"\u003eBase\u003c\/button\u003e\u003cbutton class=\"fml-summary-static-scenario\" type=\"button\" data-scenario=\"high\"\u003eHigh\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"fml-summary-static-export\" type=\"button\" data-summary-export\u003eEXPORT XLSX\u003c\/button\u003e\n\u003c\/div\u003e\u003c\/header\u003e\u003csection class=\"fml-summary-static-metrics\" aria-live=\"polite\"\u003e\u003cdiv class=\"fml-summary-static-metric is-primary\"\u003e\n\u003cspan\u003eHighlighted CAPEX\u003c\/span\u003e\u003cstrong data-summary-metric=\"capex\"\u003e$182,000\u003c\/strong\u003e\u003csmall data-summary-metric=\"scenario\"\u003eBase planning example\u003c\/small\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-summary-static-metric is-warning\"\u003e\n\u003cspan\u003eExcluded cash needs\u003c\/span\u003e\u003cstrong data-summary-metric=\"working\"\u003e$429,000\u003c\/strong\u003e\u003csmall\u003eOutside CAPEX total\u003c\/small\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-summary-static-metric\"\u003e\n\u003cspan\u003eFunding need\u003c\/span\u003e\u003cstrong data-summary-metric=\"funding\"\u003e$611,000\u003c\/strong\u003e\u003csmall\u003eCAPEX + excluded cash needs\u003c\/small\u003e\n\u003c\/div\u003e\u003c\/section\u003e\u003cdiv class=\"fml-summary-static-table-wrap\"\u003e\u003ctable class=\"fml-summary-static-table\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth scope=\"col\"\u003eCost Category\u003c\/th\u003e\n\u003cth scope=\"col\" class=\"fml-summary-static-estimate-header\" data-summary-estimate-header\u003eBase Estimate\u003c\/th\u003e\n\u003cth scope=\"col\"\u003eMain Cost Driver\u003c\/th\u003e\n\u003cth scope=\"col\"\u003eCAPEX Calculator\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr data-summary-row data-low=\"108000\" data-base=\"120000\" data-high=\"138000\" data-capex=\"true\"\u003e\n\u003ctd\u003eRetail Space Build-Out\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-estimate\" data-summary-value\u003e$120,000\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-driver\"\u003eLeasehold improvements and tenant finish-out\u003c\/td\u003e\n\u003ctd\u003e\u003cspan class=\"fml-summary-static-pill\"\u003eYes\u003c\/span\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-summary-row data-low=\"22000\" data-base=\"25000\" data-high=\"30000\" data-capex=\"true\"\u003e\n\u003ctd\u003eDisplay Cases and Shelving\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-estimate\" data-summary-value\u003e$25,000\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-driver\"\u003eFixture count and display quality\u003c\/td\u003e\n\u003ctd\u003e\u003cspan class=\"fml-summary-static-pill\"\u003eYes\u003c\/span\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-summary-row data-low=\"13000\" data-base=\"15000\" data-high=\"18000\" data-capex=\"true\"\u003e\n\u003ctd\u003ePOS Hardware Purchase\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-estimate\" data-summary-value\u003e$15,000\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-driver\"\u003eRegisters, scanners, and terminals\u003c\/td\u003e\n\u003ctd\u003e\u003cspan class=\"fml-summary-static-pill\"\u003eYes\u003c\/span\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-summary-row data-low=\"10500\" data-base=\"12000\" data-high=\"14000\" data-capex=\"true\"\u003e\n\u003ctd\u003eInitial Signage\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-estimate\" data-summary-value\u003e$12,000\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-driver\"\u003eInterior and exterior sign package\u003c\/td\u003e\n\u003ctd\u003e\u003cspan class=\"fml-summary-static-pill\"\u003eYes\u003c\/span\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-summary-row data-low=\"9000\" data-base=\"10000\" data-high=\"12000\" data-capex=\"true\"\u003e\n\u003ctd\u003eSecurity System Installation\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-estimate\" data-summary-value\u003e$10,000\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-driver\"\u003eCamera, alarm, and installation scope\u003c\/td\u003e\n\u003ctd\u003e\u003cspan class=\"fml-summary-static-pill\"\u003eYes\u003c\/span\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr class=\"is-excluded\" data-summary-row data-low=\"375000\" data-base=\"429000\" data-high=\"500000\" data-capex=\"false\"\u003e\n\u003ctd\u003eOpening Cash Reserve\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-estimate\" data-summary-value\u003e$429,000\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-driver\"\u003eYear 1 EBITDA of -183000 and the Month 37 cash trough\u003c\/td\u003e\n\u003ctd\u003e\u003cspan class=\"fml-summary-static-pill is-no\"\u003eNo\u003c\/span\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\u003c\/div\u003e\n\u003cfooter class=\"fml-summary-static-note\"\u003e\u003cspan class=\"fml-summary-static-note-icon\" aria-hidden=\"true\"\u003e!\u003c\/span\u003e\u003cp\u003e\u003cstrong\u003ePlanning note:\u003c\/strong\u003e Ranges reflect researched startup estimates and exclude operating costs, wages, and cash reserve needs.\u003c\/p\u003e\u003c\/footer\u003e\n\u003c\/div\u003e\u003c\/section\u003e\u003cbr\u003e\n\n\u003ch2\u003e\u003cspan style=\"color: #126CFF;\"\u003eAntique Mall Core Five Startup Costs\u003c\/span\u003e\u003c\/h2\u003e\u003cbr\u003e\u003cbr\u003e\n\u003ch3\u003e\u003cspan style=\"color: #126CFF;\"\u003eLeased Retail Space Build-Out Startup Expense\u003c\/span\u003e\u003c\/h3\u003e\u003cbr\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eBuild-Out Budget\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eThe base model sets \u003cstrong\u003e$120,000\u003c\/strong\u003e for leased-space prep across \u003cstrong\u003eMonths 1–3\u003c\/strong\u003e. That covers tenant build-out only, not the property itself or the \u003cstrong\u003e$25,000\u003c\/strong\u003e monthly lease, which belongs in operating expense and working capital planning.\u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl_2\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-tips-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eCost Drivers\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003ePrice it from landlord delivery condition, square footage, and quotes for flooring, lighting, walls, checkout area, restrooms, Americans with Disabilities Act (ADA) access, fire inspection items, loading access, and contingency. More tenant finish work means a higher build-out bill.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eScope Split\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eKeep landlord-funded work and tenant-funded work separate in the lease exhibits. The clean rule is simple: if the landlord delivers it, it is not part of your \u003cstrong\u003e$120,000\u003c\/strong\u003e fit-out; if your layout needs it, it belongs in your budget and should carry a quoted cost.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"card_smpl\"\u003e\u003cdiv class=\"double_border\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-pin-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003e\u003cspan style=\"color: #ffffff;\"\u003eLease Cash Plan\u003c\/span\u003e\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eThe \u003cstrong\u003e$25,000\u003c\/strong\u003e monthly lease is a rent and cash-flow item, not capital expenditure. Plan it in operating expense and startup working capital so the build-out budget does not crowd out opening cash, vendor setup, and the early sales ramp.\u003c\/p\u003e\n\u003c\/div\u003e\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\u003ch3\u003e\u003cspan style=\"color: #126CFF;\"\u003eVendor Booth, Fixture, and Display Startup Expense\u003c\/span\u003e\u003c\/h3\u003e\u003cbr\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eFixture budget\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eThe base fixture budget is \u003cstrong\u003e$25,000\u003c\/strong\u003e for display cases and shelving. That covers booth partitions, locked glass cases, shelving, aisle layout, category signage, price tags, checkout counter flow, and customer navigation. Keep this separate from vendor inventory, vendor décor, and dealer-owned cases, which are not mall fixture CAPEX.\u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-tips-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eWhat drives cost\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eThe main drivers are \u003cstrong\u003ebooth count\u003c\/strong\u003e, case quality, lockable storage, aisle width, and whether the mall provides uniform booth infrastructure. Here’s the quick math: more booths mean more partitions and signage; better cases raise unit cost; wider aisles use more space. Separate fixture CAPEX from vendor onboarding so you do not load dealer setup items into the mall budget.\u003c\/p\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003eCount booths first\u003c\/li\u003e\n\u003cli\u003ePrice cases by quality\u003c\/li\u003e\n\u003cli\u003eKeep vendor items separate\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl_2\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eHow to keep it tight\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eCut waste by standardizing booth sizes and using the same shelf and signage plan across the floor. Ask whether the mall already provides partitions or fixed infrastructure before you buy duplicates. The biggest mistake is paying for dealer-owned cases or vendor décor inside the fixture budget; that inflates CAPEX without improving traffic or sales flow.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"card_smpl\"\u003e\u003cdiv class=\"double_border\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-pin-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003e\u003cspan style=\"color: #ffffff;\"\u003eBudget split\u003c\/span\u003e\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eUse one line for \u003cstrong\u003emall fixture CAPEX\u003c\/strong\u003e and a separate line for \u003cstrong\u003evendor onboarding costs\u003c\/strong\u003e. That split keeps the budget clean when some booths need only signage and shelving, while others need locked glass cases or custom partitions. It also helps compare landlord-funded work against tenant-funded work, so the build-out scope stays clear.\u003c\/p\u003e\n\u003c\/div\u003e\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\u003ch3\u003e\u003cspan style=\"color: #126CFF;\"\u003ePOS, Vendor Tracking, and Security Startup Expense\u003c\/span\u003e\u003c\/h3\u003e\u003cbr\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003ePOS and security split\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eBudget this in two buckets: \u003cstrong\u003e$15,000\u003c\/strong\u003e for POS hardware and \u003cstrong\u003e$10,000\u003c\/strong\u003e for security installation, plus \u003cstrong\u003e$500\/month\u003c\/strong\u003e for POS software and \u003cstrong\u003e$1,200\/month\u003c\/strong\u003e for security service. Treat the monthly items as operating cost, not CAPEX. Payment processing fees are \u003cstrong\u003e40%\u003c\/strong\u003e of revenue, so payout reporting has to tie to each sale.\u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl_2\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-tips-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eWhat it covers\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eThis stack covers vendor code tracking, receipt systems, payment terminals, barcode tagging, Wi-Fi, cameras, alarms, back-office hardware, and payout reporting. Estimate it from unit counts and quotes: terminals, cameras, scanners, and install labor for each. One clean rule: software renews monthly, hardware gets capitalized.\u003c\/p\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003eCount every terminal and camera\u003c\/li\u003e\n\u003cli\u003eKeep subscriptions off CAPEX\u003c\/li\u003e\n\u003cli\u003eMatch payouts to booth codes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eKeep it lean\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eBuy only the hardware needed for checkout, tagging, and security, then add devices later if traffic justifies it. Don’t roll monitoring or software fees into the launch budget as one-time spend. If vendor codes, receipts, and payouts don’t match, commission errors and shrink show up fast.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"card_smpl\"\u003e\u003cdiv class=\"double_border\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-pin-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003e\u003cspan style=\"color: #ffffff;\"\u003eCash flow check\u003c\/span\u003e\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eThis expense hits cash twice: upfront for \u003cstrong\u003e$25,000\u003c\/strong\u003e in hardware and install, then monthly for \u003cstrong\u003e$1,700\u003c\/strong\u003e in software and security service. Because processing fees run at \u003cstrong\u003e40%\u003c\/strong\u003e of revenue, the mall needs tight payout reporting from day one or vendor statements and bank deposits won’t reconcile.\u003c\/p\u003e\n\u003c\/div\u003e\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\u003ch3\u003e\u003cspan style=\"color: #126CFF;\"\u003eLicensing, Insurance, and Professional Setup Startup Expense\u003c\/span\u003e\u003c\/h3\u003e\u003cbr\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eSetup costs\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cstrong\u003eLicensing and setup\u003c\/strong\u003e costs move with state, city, zoning, and fire rules. Build the estimate from business registration, sales tax setup, local permits, fire inspection, lease review, and vendor agreements. One-time legal work should stay separate from monthly support, so you can see true launch cash needs.\u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-tips-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eInsurance stack\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eBase recurring property insurance is \u003cstrong\u003e$1,500 per month\u003c\/strong\u003e, and professional services run \u003cstrong\u003e$800 per month\u003c\/strong\u003e. That is \u003cstrong\u003e$2,300 per month\u003c\/strong\u003e before workers’ compensation, if required. Use months of coverage, carrier quotes, and payroll size to price it, then keep it in operating cash, not startup build-out.\u003c\/p\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003ePrice by state and payroll\u003c\/li\u003e\n\u003cli\u003eAdd workers’ comp where needed\u003c\/li\u003e\n\u003cli\u003eKeep monthly and one-time costs separate\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl_2\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eLegal and leases\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eLease review and vendor agreements matter because the mall handles \u003cstrong\u003esales, commissions, booth rent, and payouts\u003c\/strong\u003e. That means the contract has to spell out each flow clearly. Don’t bury this in a generic template. Get legal review before signing, then align accounting, payroll, and compliance support to the same rules.\u003c\/p\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003eDefine who collects sales tax\u003c\/li\u003e\n\u003cli\u003eSpell out payout timing\u003c\/li\u003e\n\u003cli\u003eMatch contracts to commission terms\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"card_smpl\"\u003e\u003cdiv class=\"double_border\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-pin-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003e\u003cspan style=\"color: #ffffff;\"\u003eCompliance check\u003c\/span\u003e\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cstrong\u003eFire inspection\u003c\/strong\u003e, zoning, and local permits can slow opening if the space needs extra work. Before you commit, confirm occupancy rules, accessibility needs, and any city or landlord requirements. The cheap mistake is assuming the lease is enough; the real gate is whether the space passes local approval and can legally operate.\u003c\/p\u003e\n\u003c\/div\u003e\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\u003ch3\u003e\u003cspan style=\"color: #126CFF;\"\u003ePre-Opening Payroll, Marketing, and Launch Readiness Startup Expense\u003c\/span\u003e\u003c\/h3\u003e\u003cbr\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eLaunch cash burn\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cstrong\u003ePre-opening payroll and marketing are working capital, not CAPEX.\u003c\/strong\u003e Base Year 1 wages are \u003cstrong\u003e$265,000\u003c\/strong\u003e for one general manager, one marketing coordinator, two sales associates, and one operations assistant, plus launch spend for hiring, training, vendor onboarding, utility setup, website work, local search, and opening promos. The base case shows \u003cstrong\u003eYear 1 EBITDA of -$183,000\u003c\/strong\u003e, so cash runway is part of the launch budget.\u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl_2\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-tips-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eWhat to budget\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eBuild this line from \u003cstrong\u003eheadcount × monthly pay\u003c\/strong\u003e, plus one-time launch costs and months of pre-rent coverage. At \u003cstrong\u003e$265,000\u003c\/strong\u003e in annual wages, the payroll run rate is about \u003cstrong\u003e$22,083 per month\u003c\/strong\u003e before taxes and benefits. Add marketing at \u003cstrong\u003e80% of revenue\u003c\/strong\u003e, then layer in setup items like training, signage promotion, and vendor onboarding.\u003c\/p\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003eUse months of runway.\u003c\/li\u003e\n\u003cli\u003eSeparate setup from rent.\u003c\/li\u003e\n\u003cli\u003eTrack marketing as variable.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eHow to control it\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eKeep payroll lean until booth rent and traffic stabilize. Start with core hires first, then stagger training and onboarding as vendors sign. Use low-cost local search, email, and in-store events before paid media. One clean rule: \u003cstrong\u003edon’t lock in fixed overhead before occupancy is real\u003c\/strong\u003e. That is where launch burn gets out of hand.\u003c\/p\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003eStage hires by opening date.\u003c\/li\u003e\n\u003cli\u003eUse vendor-led promotion.\u003c\/li\u003e\n\u003cli\u003eDelay paid ads if cash is tight.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"card_smpl\"\u003e\u003cdiv class=\"double_border\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-pin-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003e\u003cspan style=\"color: #ffffff;\"\u003eRunway check\u003c\/span\u003e\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cstrong\u003eLaunch readiness is a funding item\u003c\/strong\u003e because this business can go live with inventory and fixtures in place but still lose money in the first year. The key test is simple: if booth rent does not stabilize fast enough to cover \u003cstrong\u003e$265,000\u003c\/strong\u003e of wages and \u003cstrong\u003e80% of revenue\u003c\/strong\u003e marketing, the cash reserve has to bridge the gap.\u003c\/p\u003e\n\u003c\/div\u003e\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\u003ch2\u003e\u003cspan style=\"color: #126CFF;\"\u003eCompare 3 Startup Cost Scenarios\u003c\/span\u003e\u003c\/h2\u003e\n\u003csection class=\"fml-scenario-table\" aria-label=\"Antique Mall Startup Cost Scenarios\" data-site-name=\"Financial Models Lab\" data-site-url=\"https:\/\/financialmodelslab.com\" data-source-title=\"Antique Mall Startup Cost Scenarios\" data-note-label=\"Planning note\" data-note-text=\"Scenario ranges are researched planning assumptions, not exact vendor quotes or bids.\"\u003e\u003cdiv class=\"fml-scenario-table-card\"\u003e\n\u003cheader c lass=\"fml-scenario-table-header\"\u003e\u003cdiv\u003e\n\u003cp class=\"fml-scenario-table-eyebrow\"\u003eScenario table\u003c\/p\u003e\n\u003cp class=\"fml-scenario-table-description\"\u003eAntique Mall costs swing with space size, booth count, and buildout depth. Lean keeps cash demand down, Base matches the model, and Full adds more infrastructure, marketing, and security.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-scenario-table-actions\"\u003e\u003cbutton class=\"fml-scenario-table-export\" type=\"button\" data-scenario-export\u003eEXPORT XLSX\u003c\/button\u003e\u003c\/div\u003e\u003c\/header\u003e\u003cdiv class=\"fml-scenario-table-wrap\"\u003e\u003ctable class=\"fml-scenario-table-grid\"\u003e\n\u003ccaption\u003eLean, Base, and Full launch funding\u003c\/caption\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth class=\"fml-scenario-table-stub\" scope=\"col\" data-export-value=\"Scenario\"\u003eScenario\u003c\/th\u003e\n\u003cth class=\"fml-scenario-table-column\" scope=\"col\" data-export-value=\"Lean Launch\"\u003e\n\u003cspan class=\"fml-scenario-column-title\"\u003eLean Launch\u003c\/span\u003e\u003cspan class=\"fml-scenario-badge is-soft\"\u003eLower cash need\u003c\/span\u003e\n\u003c\/th\u003e\n\u003cth class=\"fml-scenario-table-column\" scope=\"col\" data-export-value=\"Base Launch\"\u003e\n\u003cspan class=\"fml-scenario-column-title\"\u003eBase Launch\u003c\/span\u003e\u003cspan class=\"fml-scenario-badge is-soft\"\u003eModel case\u003c\/span\u003e\n\u003c\/th\u003e\n\u003cth class=\"fml-scenario-table-column\" scope=\"col\" data-export-value=\"Full Launch\"\u003e\n\u003cspan class=\"fml-scenario-column-title\"\u003eFull Launch\u003c\/span\u003e\u003cspan class=\"fml-scenario-badge is-warning\"\u003eHigher cash need\u003c\/span\u003e\n\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr data-scenario-row\u003e\n\u003cth class=\"fml-scenario-row-heading\" scope=\"row\" data-export-value=\"Launch model\"\u003e\u003cspan class=\"fml-scenario-row-heading-inner\"\u003e\u003cspan class=\"fml-scenario-row-icon is-launch\" aria-hidden=\"true\"\u003e\u003cimg class=\"fml-scenario-row-icon-img\" src=\"\/cdn\/shop\/files\/scenario-launch-model.svg\" alt=\"\" loading=\"lazy\"\u003e\u003c\/span\u003e\u003cspan\u003e\u003cspan class=\"fml-scenario-row-title\"\u003eLaunch model\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/th\u003e\n\u003ctd data-export-value=\"Smaller leased space and fewer booths keep upfront cash lower, but they also cap early rent and commission income.\"\u003eSmaller leased space and fewer booths keep upfront cash lower, but they also cap early rent and commission income.\u003c\/td\u003e\n\u003ctd data-export-value=\"The base plan uses the researched $197,000 CAPEX plus about $232,000 of working capital for a $429,000 total funding need, with breakeven in Month 26 and payback in 42 months, so cash stays tight until the model matures.\"\u003eThe base plan uses the researched $197,000 CAPEX plus about $232,000 of working capital for a $429,000 total funding need, with breakeven in Month 26 and payback in 42 months, so cash stays tight until the model matures.\u003c\/td\u003e\n\u003ctd data-export-value=\"A larger destination-style space with more booths, stronger infrastructure, upgraded signage, deeper security, and heavier launch marketing pushes funding and cash burn higher.\"\u003eA larger destination-style space with more booths, stronger infrastructure, upgraded signage, deeper security, and heavier launch marketing pushes funding and cash burn higher.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-scenario-row\u003e\n\u003cth class=\"fml-scenario-row-heading\" scope=\"row\" data-export-value=\"Typical setup\"\u003e\u003cspan class=\"fml-scenario-row-heading-inner\"\u003e\u003cspan class=\"fml-scenario-row-icon is-setup\" aria-hidden=\"true\"\u003e\u003cimg class=\"fml-scenario-row-icon-img\" src=\"\/cdn\/shop\/files\/scenario-typical-setup.svg\" alt=\"\" loading=\"lazy\"\u003e\u003c\/span\u003e\u003cspan\u003e\u003cspan class=\"fml-scenario-row-title\"\u003eTypical setup\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/th\u003e\n\u003ctd data-export-value=\"Use basic fixtures, limited display cases, simple signage, and a shorter payroll runway.\"\u003eUse basic fixtures, limited display cases, simple signage, and a shorter payroll runway.\u003c\/td\u003e\n\u003ctd data-export-value=\"Plan for a standard leased space, balanced booth count, core staffing, and normal marketing spend.\"\u003ePlan for a standard leased space, balanced booth count, core staffing, and normal marketing spend.\u003c\/td\u003e\n\u003ctd data-export-value=\"Expect more display cases, broader booth buildout, and a bigger staffing and marketing load from day one.\"\u003eExpect more display cases, broader booth buildout, and a bigger staffing and marketing load from day one.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-scenario-row\u003e\n\u003cth class=\"fml-scenario-row-heading\" scope=\"row\" data-export-value=\"Cost drivers\"\u003e\u003cspan class=\"fml-scenario-row-heading-inner\"\u003e\u003cspan class=\"fml-scenario-row-icon is-drivers\" aria-hidden=\"true\"\u003e\u003cimg class=\"fml-scenario-row-icon-img\" src=\"\/cdn\/shop\/files\/scenario-cost-drivers.svg\" alt=\"\" loading=\"lazy\"\u003e\u003c\/span\u003e\u003cspan\u003e\u003cspan class=\"fml-scenario-row-title\"\u003eCost drivers\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/th\u003e\n\u003ctd data-export-value=\"smaller lease; basic fixtures; fewer display cases; limited signage; shorter payroll\"\u003e\u003cul class=\"fml-scenario-list\"\u003e\n\u003cli\u003esmaller lease\u003c\/li\u003e\n\u003cli\u003ebasic fixtures\u003c\/li\u003e\n\u003cli\u003efewer display cases\u003c\/li\u003e\n\u003cli\u003elimited signage\u003c\/li\u003e\n\u003cli\u003eshorter payroll\u003c\/li\u003e\n\u003c\/ul\u003e\u003c\/td\u003e\n\u003ctd data-export-value=\"leasehold buildout; booth infrastructure; core payroll; marketing; security\"\u003e\u003cul class=\"fml-scenario-list\"\u003e\n\u003cli\u003eleasehold buildout\u003c\/li\u003e\n\u003cli\u003ebooth infrastructure\u003c\/li\u003e\n\u003cli\u003ecore payroll\u003c\/li\u003e\n\u003cli\u003emarketing\u003c\/li\u003e\n\u003cli\u003esecurity\u003c\/li\u003e\n\u003c\/ul\u003e\u003c\/td\u003e\n\u003ctd data-export-value=\"larger buildout; more booth infrastructure; upgraded signage; deeper security; heavier marketing\"\u003e\u003cul class=\"fml-scenario-list\"\u003e\n\u003cli\u003elarger buildout\u003c\/li\u003e\n\u003cli\u003emore booth infrastructure\u003c\/li\u003e\n\u003cli\u003eupgraded signage\u003c\/li\u003e\n\u003cli\u003edeeper security\u003c\/li\u003e\n\u003cli\u003eheavier marketing\u003c\/li\u003e\n\u003c\/ul\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-scenario-row\u003e\n\u003cth class=\"fml-scenario-row-heading\" scope=\"row\" data-export-value=\"Planning range\"\u003e\u003cspan class=\"fml-scenario-row-heading-inner\"\u003e\u003cspan class=\"fml-scenario-row-icon is-range\" aria-hidden=\"true\"\u003e\u003cimg class=\"fml-scenario-row-icon-img\" src=\"\/cdn\/shop\/files\/scenario-planning-range.svg\" alt=\"\" loading=\"lazy\"\u003e\u003c\/span\u003e\u003cspan\u003e\u003cspan class=\"fml-scenario-row-title\"\u003ePlanning range\u003c\/span\u003e\u003cspan class=\"fml-scenario-row-subtitle\"\u003eCAPEX only\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/th\u003e\n\u003ctd data-export-value=\"Below base funding need\"\u003e\n\u003cstrong class=\"fml-scenario-range\"\u003eBelow base funding need\u003c\/strong\u003e\u003cspan class=\"fml-scenario-badge is-soft\"\u003eLean cash plan\u003c\/span\u003e\n\u003c\/td\u003e\n\u003ctd data-export-value=\"$429,000 total funding\"\u003e\n\u003cstrong class=\"fml-scenario-range\"\u003e$429,000 total funding\u003c\/strong\u003e\u003cspan class=\"fml-scenario-badge is-soft\"\u003eBase case\u003c\/span\u003e\n\u003c\/td\u003e\n\u003ctd data-export-value=\"Above base funding need\"\u003e\n\u003cstrong class=\"fml-scenario-range\"\u003eAbove base funding need\u003c\/strong\u003e\u003cspan class=\"fml-scenario-badge is-warning\"\u003eMore cash needed\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-scenario-row\u003e\n\u003cth class=\"fml-scenario-row-heading\" scope=\"row\" data-export-value=\"Best fit\"\u003e\u003cspan class=\"fml-scenario-row-heading-inner\"\u003e\u003cspan class=\"fml-scenario-row-icon is-fit\" aria-hidden=\"true\"\u003e\u003cimg class=\"fml-scenario-row-icon-img\" src=\"\/cdn\/shop\/files\/scenario-best-fit.svg\" alt=\"\" loading=\"lazy\"\u003e\u003c\/span\u003e\u003cspan\u003e\u003cspan class=\"fml-scenario-row-title\"\u003eBest fit\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/th\u003e\n\u003ctd data-export-value=\"Best for founders testing demand with a smaller floor plan and tight cash control.\"\u003eBest for founders testing demand with a smaller floor plan and tight cash control.\u003c\/td\u003e\n\u003ctd data-export-value=\"Best for operators who want the clearest read on occupancy, cash burn, and rent coverage.\"\u003eBest for operators who want the clearest read on occupancy, cash burn, and rent coverage.\u003c\/td\u003e\n\u003ctd data-export-value=\"Best for teams with strong tenant demand and a bigger cash cushion.\"\u003eBest for teams with strong tenant demand and a bigger cash cushion.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\u003c\/div\u003e\n\u003cdiv class=\"fml-scenario-table-note\"\u003e\n\u003cspan class=\"fml-scenario-table-note-icon\" aria-hidden=\"true\"\u003e!\u003c\/span\u003e\u003cp\u003e\u003cstrong\u003ePlanning note:\u003c\/strong\u003e Scenario ranges are researched planning assumptions, not exact vendor quotes or bids.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003c\/section\u003e","brand":"FinancialModelsLab","offers":[{"title":"Default Title","offer_id":49303532273907,"sku":"antique-mall-startup-costs","price":0.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/6191\/2762\/files\/antique-mall-startup-costs.webp?v=1782675344","url":"https:\/\/financialmodelslab.com\/products\/antique-mall-startup-costs","provider":"Financial Models Lab","version":"1.0","type":"link"}