Executive Summary of Supermarket Project

A supermarket project is considered one of the most important and successful small projects, as it allows for the sale of all the basic goods that everyone needs daily and can never do without.

Establishing a supermarket is a unique idea that represents a huge project that generates significant profits for the investor. However, this project requires a large capital to cover all establishment costs and employee salaries.

Therefore, a thorough feasibility study must be conducted for the project before starting to implement it on the ground.

How much does a supermarket project feasibility study cost?

A supermarket project is a small business that can be implemented with a reasonable amount of money. If you have $10,000, this is an excellent amount to start with. It is also possible to implement a mini-market project with an amount not exceeding $1,000.

How much does the supermarket make daily?

A supermarket project is one of the most important investment projects that can generate significant returns. However, daily income may vary from one supermarket to another, depending on the size of the project, its operating costs, and the percentage of daily sales. Certainly, the higher the total number of daily sales, the higher the income rate, and vice versa.

There are a number of factors that control and determine the total daily profit margin of a supermarket project. These factors include the location of the supermarket.

We attract consumers by meeting their needs and requirements with the highest quality and best prices, and by offering a range of offers and discounts from time to time.

As for profit distribution, it is distributed monthly, according to the budget set for the project, which is divided into more than one section, such as electricity, rent in the event that the store is not owned, and worker wages. As for the remaining amount, it is placed under the profit item.

What are the advantages of a supermarket?

Offers a wide variety of goods in one place.
Relatively low operating cost.
Flexibility and freedom to choose the desired products, without feeling pressure from anyone.
There is no forward debt policy, because goods are sold at a uniform and fixed price, so there can be no bargaining policy.
If the supermarket is located in a prime location, it will attract many customers.

What are the disadvantages of supermarkets?

Like any project, it has its advantages and disadvantages. However, the supermarket project is considered one of the projects with few disadvantages compared to its advantages. These disadvantages can be summarized as follows:

A supermarket requires a wide variety of merchandise, which requires more work effort.
Many food items are sold inside, and they are potentially perishable. However, this can be mitigated by following proper storage methods or by purchasing limited quantities of each item.
Every day, a wide variety of products may appear, and a representative from a certain company may come to replace some of them. You will be confused about whether to buy these products or not, and which ones will be in high demand.
Insufficient insurance.

Equipment and devices needed by supermarkets

In order for a supermarket to be qualified to operate in the best possible way, it must have a set of basic equipment and tools, which are:

Shelves for displaying products and merchandise.
A refrigerator for storing meat and dairy products.
Refrigerator for displaying mineral water, soda water, and chocolate.
Deep freezer for storing ice cream.
Romano and luncheon cheese slicer.
Electronic scale.
Packaging machine.
Cashier desk with cash drawer and calculator.
Security cameras inside and outside the supermarket.
Landline and mobile phone for questions and inquiries.
Foil dishes.
Clear plastic bags, and others printed with the store name and phone number.

What is supermarket merchandise?

The success of a supermarket depends on the availability of all the essential consumer goods that citizens need on a daily basis.

There are a number of important factors that distinguish one supermarket from another, including the way the project is divided, the variety of product sections, and the management method.

There are a number of main sections that any supermarket relies heavily on. These sections include the main consumer goods, including: dairy products, poultry, meat, and sweets.

The following points will explain in detail the sections that a supermarket project must include:

Meat Department: All types of basic meat, including local, minced and imported meat, poultry meat such as quail, duck, pigeon and chicken, and meat products such as kofta, liver and sausage.
Legumes section: Such as all types of rice, regular and basmati rice, and other types of legumes such as lentils, beans, fava beans, chickpeas, lupins, and pasta in all its shapes and types.
Dairy Department: Includes all types of milk, natural and buttermilk, skim and whole, all types of yogurt, dried and powdered milk, and various types of cheese.
Fish section: It includes tilapia, mullet, tuna, shrimp, squid, crab, and others.
Spices section: It includes: black and white pepper, cumin, chili pepper, paprika, ginger, saffron, nutmeg, cinnamon, anise, turmeric and curry, rosemary... and other various types of spices.
Sauce section: Tomato sauce, ketchup, mayonnaise, cheddar sauce, pomegranate molasses, soy sauce, vinegar, hot sauce, rose water.
Beverages section: Such as soft drinks, mineral water, juices of all kinds, tea, coffee, cocoa, and sahlab.

How big is the supermarket?

A supermarket project requires an area ranging from 60 to 80 square kilometers.

How to develop a supermarket?

You can double the profits you make from your supermarket project by following the following methods:

Selling some additional products that are not supplied by the company, as these are products with high profits and high demand.
Providing home delivery service, this is a service that many people are looking for.
Use various means of advertising and marketing for the store so that it becomes more widely known and known to more citizens.
Choose a prime and lively location in a busy residential neighborhood.

My experience in a supermarket project

In fact, at first, it was a difficult and tiring experience, due to the large number of competitors in the same area. Therefore, this matter requires patience and deliberation in order to reserve a seat for yourself in this fierce competition.

My experience with this topic can be summed up in the fact that price, cleanliness, product quality, variety, working hours, and honesty are essential to making this project profitable.

When I first started thinking about the project, I needed to conduct a detailed feasibility study that included technical, marketing, and financial studies to understand all aspects of the matter. I actually developed a marketing plan for my project.

So I started looking for a prime location, and I found a shop overlooking the main road in a busy residential neighborhood. I got this place and it was a very suitable size for me.

Here, the preparation phase began, as I contracted with more than one food company to obtain various types of goods. I also succeeded in securing a cash register, a number of refrigerators to display the products, and shelves to arrange the goods.

The first and most important point for me was the 24-hour cleanliness of the place.