In this article, we will be looking at the steps and requirements of setting up a super market in Nigeria. I would like us to have a clear picture of what a mini supermarket is before we delve into the topic proper. A supermarket can be defined in simple terms as a large self-service retail shop where food and other house hold goods are sold. The items mostly found in supermarkets include fresh and packaged food, snacks fruits, meat, milk and house hold goods like soap, detergents, kitchen utensils, cooking spices etc.
If true, it would be a good idea under the following conditions: I would want to go big time. Finally, remember, all biz is subject to risk.
A few millions, regardless of currency, is no joke. I hope this helps. Your idea about moving to Abeokuta before Abuja is where you baffle me. With the sort of investment you intend to put into this, the economy of Abeokuta may not be ready yet for this Although the town is fast growing.
Plans are underway to make it come true. More like in Naira. Keep posting guys thanks for the comments.
The lagos market alone has large unaddressed market and i once worked on setting up such two years ago but stalled due to funding. Aside the large unaddressed market, you can introduce innovative processes and offers to the market place. In a particular area in Lagos, i know about 5 discount shops that are lowly capitalised but their turnover is huge!
You can harly get it wrong in this venture. I can go on and on, but my major aim is to encourage you as you will definitely create wealth and reduce employment with this venture Re: But I have to wait till I turn I was thinking about building a private college and offering free scholarships.
And about your calac about how much they make the revenue is great no question about that.
Most of the supermarkets still have nothing in them. Abi we be Nigerians now and we know each other. Keep posting guys the contribution is great 10ks and Seun thanks for putting me on the main page. In Kenya, the major guys are Uchumi and Nakumatt, and they are really big, very big and well patronised, if not better than our Shoprite in Lekki.
The field is no longer a virgin field, there used to be Leventis and UAC and some smaller ones. We still have Pack n shop though and some electronic malls like Mega Plaza. Cash n Carry is not too bad too. A Mega City is most welcome for such a business, we are yet to have one anyway i mean a hour city.
Please do your research and read books on those big places as well. I may be wrong to say we are not ripe for that, but please do more research. If you have jsut 10 million then you cant build from scratch you may have to rent and that means paying at least 3 years advance, lagosian like effizi so the decor has to cool or else the clientele that can keep it runjing wont come.Here are 10 profitable business ideas in Nigeria you can start with 50, Naira or less.
StartupTipsDaily Small business ideas, business plans, & tips for African entrepreneurs to start, run, & grow successful businesses. May 20, · It was a massive business contest the likes of which nobody in Nigeria had seen before. The amount of money they wanted to give away per person — roughly $50, — was out-of-this-world high.
Rural Grocery Store Start-Up and Operations Guide small family-owned grocery stores formed the basis of the supermarket industry. One family member minded the cash register, another stocked the shelves, and another unloaded a business plan is also the battle plan that you can rely as the business environment changes or when things get.
Do you want to start a grocery store in a small town? If YES, here is a complete guide to starting an online grocery business with NO money or experience. Okay, so we have provided you an in-depth sample grocery store business plan template.
Feb 28, · To make it more appealing, Olusanya changed the word's two last letters and that's how lausannecongress2018.com was born, Nigeria's leading online grocery store. A former doctor helping trauma patients in a Lagos hospital, Olusanya says he decided to go into business with his wife to try to cater to Nigeria's busy women with no time to shop at the .
Supermarket Business: Starting a Supermarket Business in Nigeria Irregular power supply: In Nigeria, one of the major challengeis the issue of erratic power supply. Although, a good generator can be used as an alternative to this.