Why Do Prices Seem Higher At Local Coins Stores?

It seems like many dealers have forgone their B&M business. It is much cheaper to travel the coin show circuit and/or sell online.

At a few coin shows I've talked to dealers that also had a coin store. They all agree a coin store is OK but not a really great income place. One of the horrors around me is the property taxes. A small store can run over 30,000 a year in just property taxes. And that is for the owner of the property. If a person is renting that store, the owner has to charge enough rent to pay for those taxes. Many coin stores go out of business due to just not enough business. A poor location or changing neighborhood can really break a place. On place I know of that went under tried to sell stamps, sporting items, coin collecting supplies and several other items. Still a poor location just didn't help. And don't forget things like Insurances, safes, lighting fixtures, show cases and on and on and on.
Even stores like Kmart are going under.

I've found that if you deal strictly in cash so that the LCS can avoid fees of processing a debit/credit card or have deal with a check they are willing to deal a bit more on price. Also, if you are willing to hunt and keep an open mind, you can often find prices that are lower than online on some coins.