Grocery store feasibility study

Many people are looking for a feasibility study for a grocery store to sell food and other items because this project is considered one of the most profitable projects in all parts of the world. For this reason, many people are looking for ideas and feasibility studies to start opening a grocery store project to complete its success and profit from it as well.

Steps to prepare a grocery store feasibility study

In order to open a grocery store and obtain the necessary licenses for the grocery store, you must follow the following points:

First, you must not be a government employee and insured.
You must be at least 20 years old.
You must have a valid card.
Notarized lease or ownership contract.
You have to save on the electricity bill and the grocery store meter.

Equipment needed to open a grocery store

You need to pack the grocery store with some tools so that it is ready so that you can arrange the merchandise in it as follows:

You should do a suitable ceramic floor for the shop.
You should also paint the shop walls with light colors to give the shop a spacious feel.
Add spotlights to illuminate the shop in an eye-catching way to attract customers.
You need to make shelves to put the goods on so that they are visible to the customers.
A showcase should be placed between you and the customer for buying and selling.
Refrigerators obtained from companies must be provided to store ice cream, soda, Pepsi, and many other items.
You can also install a fan and bring a TV to entertain yourself in the shop.

Grocery Market Trends

Although many projects have been opened, the grocery store project remains one of the most successful projects because it has many advantages, including:

Going to the grocery store is much more common than going to the supermarket, because of the time wasted inside the supermarket.
It is also known that seniors always prefer to buy from grocery stores rather than supermarkets.
It is also known that grocery stores have no competitors, just as supermarkets have many competitors.

Essential tips before starting a grocery store project

You must have enough patience in this field, and this project is your desire to create it.
You must devote yourself completely to establishing a grocery project because it requires a long time of work and dedication.
Or you can hire a worker to run and work in the grocery store.
You must provide all the groceries that the residents living near the store need.
You must be careful in your dealings with customers so that they always want to buy from you.
You need to provide prices that are affordable to the residents of the area.
You can provide all the requirements that customers need to buy from you regularly.

Steps to prepare a comprehensive feasibility study for a grocery store

First, determine the location.

It is possible to have a grocery store inside your home if it has a street frontage, because if the store is yours, it will save you a lot of expenses and also increase your profits.

You can also rent a shop in a residential area that does not have any other grocery stores to cover your rent.

Also, if you decide to open a grocery store and there is a grocery store nearby, there must be at least 100 meters of space between the stores in order to achieve sales.

He likes to provide essential goods and products that are difficult for the residents of your area to find easily.

Second: How to determine profits

There are many factors that influence how profitable a grocery store can be, including the population in your area and your price list.

For this reason, in order to know your profits, which is difficult at first, you must go to wholesale stores and buy from them to provide you with a suitable profit.

Grocery store items

A comprehensive list of essential grocery items is available. Here are the most important grocery items:

Legumes section.
Special section for sweets.
A special section for coffee products.
Special section for sauces.
Special section for dairy and cheese.
A special section for all kinds of cleaning tools.
A special section for food supplies.
A special section for all soft drinks.

Conditions for opening a grocery store

There are some conditions that you must meet to open a grocery store as follows:

A commercial register for the activity must be brought.
Providing a building permit.
It is not preferable for the shop to be connected to the residence or any other shop.
It is not recommended to change the activity or change the size of the shop unless the competent municipality approves your request.
The license must be placed in a distinct and visible place inside the store, and must not be used for any purpose other than the one for which it was issued.
A rental contract must be provided if the applicant is a tenant. All requirements for persons with disabilities must be met to facilitate their movement and satisfy them.

Cost of opening a grocery store

The cost of a grocery store can range from 30,000 to 40,000 and can even reach 100,000, depending on the location where the grocery store is opened, or the size of the store.

Grocery project workers

If you are unable to manage the grocery store, you should appoint someone else to manage and work in the store. He must be available at all times and work to satisfy customers so that they will visit the grocery store frequently and buy from it.

Is grocery business profitable?

Yes, a grocery store is a profitable business if you provide all the requirements and essentials needed to open a grocery store and provide all the things that all residents need, and it should also be in a residential area.

How to find the cheapest store?

All required documents must be brought to obtain a commercial store license.

First, you must bring a copy of the ownership contract or lease contract, and keep the original contract.
Determine the area of the store where you want to open the grocery store and provide three copies of the engineering drawings.
Documenting the existing insurance response to social insurance.
Also providing insurance answers to employees in the store.