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Nairaland Forum / Nairaland / General / Business / How Lucrative Is A Supermarket Business? (31895 Views)
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Re: How Lucrative Is A Supermarket Business? by Irupetepete: 9:19pm On Mar 26, 2023 |
PoloG:just add restaurant to it.... I Stay in ibadan also, I can help you plan it |
Re: How Lucrative Is A Supermarket Business? by hustla(m): 9:20pm On Mar 26, 2023 |
Dialpad: Hmm Okay |
Re: How Lucrative Is A Supermarket Business? by kobarney(m): 9:41pm On Mar 26, 2023 |
PoloG: Look. Do whatever you want to do in Ibadan, if you are serious it will blow. The people in ibadan are more than the sand there. High prospect and success. Sha if you wan get am clear make your own special sweet bread. 3 Likes 1 Share |
Re: How Lucrative Is A Supermarket Business? by appini: 9:42pm On Mar 26, 2023 |
Don't be decieved, many business people use it to do money laundry from their main sources of income. Aka, import and export. I hope you gerrit. 3 Likes |
Re: How Lucrative Is A Supermarket Business? by EngrOloye: 9:44pm On Mar 26, 2023 |
Good day, the supermarket business is very very lucrative.you will be enjoying super bonus from company that supply you goods... That is one of the benefit. I just set up one big supermarket for a family member in Lagos and m managing it as the same time for the couple.i do go there 3 times in a week.make sure u install accounting software (Busy) like the one I install for them to monitor your business. Employ external auditor, internal accountant,inventory man, security, install cctv camera to monitor your supermarket anywhere you are,you can reach me on 07082078843 for more information. 1 Like |
Re: How Lucrative Is A Supermarket Business? by justayo: 9:44pm On Mar 26, 2023 |
You can contact me for more detailed and strategic information. Modern Trade is different from other markets . Whatsapp 08053351537 |
Re: How Lucrative Is A Supermarket Business? by IbeOkehie: 9:45pm On Mar 26, 2023 |
hustla: Don't do it. Enough said. |
Re: How Lucrative Is A Supermarket Business? by sonnie10: 9:46pm On Mar 26, 2023 |
PoloG:The problem with used electronics sales. Once in a while, you will mistakenly buy one that would stop working when it gets to your shop. Don’t ask me why. The cost to repair it would be more than what you bought it for .At the end of the day you will scrap it or abandon it. That is your capital right there. This issue happens periodically in the business, such that by end of one year, the shop would be filled with condemned items. The capital is tied to all those. Some that you already sold could be returned by the customer with military escort, claiming defects. New electronics, although the profit might be little, but it does not have such challenge. 4 Likes |
Re: How Lucrative Is A Supermarket Business? by PoloG: 9:51pm On Mar 26, 2023 |
sonnie10:ok thanks 1 Like |
Re: How Lucrative Is A Supermarket Business? by sonnie10: 10:05pm On Mar 26, 2023 |
PoloG:If you want to do new electronics , you can start with small household items like standing fans, kitchen blender, electric bulbs, iron, electric kettle, boiling rings, radio, table top electric stove etc. Go easy on big tvs and fridge and freezer. Look into everyday items, extensions cords remotes etc . |
Re: How Lucrative Is A Supermarket Business? by kiddkash(m): 10:16pm On Mar 26, 2023 |
CommonSense1967:I have always known |
Re: How Lucrative Is A Supermarket Business? by everythinggirly(f): 10:20pm On Mar 26, 2023 |
About 4 yrs ago, A friend of mine started a little mini super market now she's the boss of herself, although her location was at a very good spot and she's still flourishing. 4 Likes 1 Share |
Re: How Lucrative Is A Supermarket Business? by ibinaboonline: 10:25pm On Mar 26, 2023 |
Oil dey your head. IceColdVeins: 2 Likes |
Re: How Lucrative Is A Supermarket Business? by Ashirioluwa: 10:36pm On Mar 26, 2023 |
A key consideration for supermarket operations is location. The more people in that area, the more money you make. |
Re: How Lucrative Is A Supermarket Business? by ezewealth(m): 11:03pm On Mar 26, 2023 |
Supermarket depends on level. Their is a lot of money in it, what u have to find is location. Money dey provision now on like before. N make sure u get cosmetic department, that is where the blood money is, you fit use #2000 sell one cream, perfume etc. Other one is wine. den General provision u go dey do turn over. Buy directly from company or dealer. I do sell wholesale on general goods n de money no be here. Cus things are now costly. Make I give my stock break down *Tissue Soft waves big n small Kanon tissue wrapped Naked tissue big n small We buy from company, naked small (1000k) den small 1200k. Big 1500 sell 1700 *Soap Lux Siri African mari gold Eva foreign/ Nigeria focus more on foreign Nigeria no dey go market Dudu osun Ivory soap ( I dey sell this one 5 carton in 2 weeks) remember I only sell in packs Fresh glow Day to day Johnson soap *Laundry soap Any brown soap dey market. Just locate company way go supply you *detergent Good mama big and small Klin small, mid n big. Remember no go for ultra klin Nitol. *Drinks Just focus n Pepsi n RC Predator Fearless Happy hour the small ones only. No try big ones Fresh yo Hollandia you ( all sizes) Exotic *Sweets and candy Eclairs Dr milk Ibon Pop up Lola pop n candies Paragos Tom tom, butter mint, milcose, coffee sweet Snack, kash, Bonz sweet, center fresh n fruit, banana gum, hulk n storm *Milk In diff. Categories Peak, ovaltine, cowbell, dano, milo, 3in1, etc *Baby milk Lactogen Peak 0-12 months My boy Peak 124 Liquid milk Hill. Evap 3crown Peak filled n full cream *Alcohol Action bitters (sechet n pet bottle) Sepe Best One man squad Akpaka Chelsea Etc *Enter species Banny Maggi Knott Onga Larson. *Pampers Kisskid Etc but make is size 4 ( na the size dey go market n size 2. *normal snack Gala Much it Chuckles peanut *biscuits Choco rings Kreams Lucky cabin Spicy Kings Pure bliss Pick me Choco bliss Maria Chocolate hook up Mamas milk Milk power Parle G Nimkin Beloxxi Etc list endless I don tire self 14 Likes 1 Share |
Re: How Lucrative Is A Supermarket Business? by hustla(m): 11:06pm On Mar 26, 2023 |
Re: How Lucrative Is A Supermarket Business? by alabi484(m): 11:33pm On Mar 26, 2023 |
Basicend:Would like to learn more about this boss |
Re: How Lucrative Is A Supermarket Business? by sonnie10: 12:22am On Mar 27, 2023 |
ezewealth:Where are you located? |
Re: How Lucrative Is A Supermarket Business? by Theophinio(m): 12:31am On Mar 27, 2023 |
Basicend: Massive advice here Smartly run E-commerce has raised a lot of mega millionaires in Nigeria |
Re: How Lucrative Is A Supermarket Business? by Pojomojo: 3:20am On Mar 27, 2023 |
SIRKAY98:This is a good mine not fully tapped in Nigeria. |
Re: How Lucrative Is A Supermarket Business? by demanuel(m): 4:59am On Mar 27, 2023 |
Tunedey0001:Do you need extra hand with your monthly physical audit? I am available. |
Re: How Lucrative Is A Supermarket Business? by demanuel(m): 5:00am On Mar 27, 2023 |
Tunedey0001:Do you need extra hand with your monthly physical audit? I can work with you. |
Re: How Lucrative Is A Supermarket Business? by Tunedey0001(m): 5:23am On Mar 27, 2023 |
demanuel: I already have a team If more hands are needed I will check you first. 1 Like |
Re: How Lucrative Is A Supermarket Business? by Ubanz: 6:27am On Mar 27, 2023 |
It's a very lucrative business. 1.As a beginner, location is of utmost importance. 2.Make sure it's situated where there's human trafic. 3.Always be on the lookout for shoplifters. CCTV and eagle eyed staff will be of help. 4.Make sure you operate with retail application. I wish you all the best. 1 Like |
Re: How Lucrative Is A Supermarket Business? by kingsolomonjnr01(m): 7:49am On Mar 27, 2023 |
maleekberry:Because the lemon in the supermarket is receiving AC that's why 1 Like |
Re: How Lucrative Is A Supermarket Business? by henryobinna(m): 7:56am On Mar 27, 2023 |
This is exactly what I've been thinking of lately and I'm really considering it. I'm glad someone actually opened a thread on this topic. 1 Like |
Re: How Lucrative Is A Supermarket Business? by Kaiser20: 8:03am On Mar 27, 2023 |
IceColdVeins:Pessimistic people always give 1.000 reasons why notting will work, but they don't any idea how things work. Continue boy. 1 Like 1 Share |
Re: How Lucrative Is A Supermarket Business? by BarrElChapo(m): 8:24am On Mar 27, 2023 |
Basicend: Hmmm thoughtful |
Re: How Lucrative Is A Supermarket Business? by Winneygirl(f): 8:25am On Mar 27, 2023 |
PoloG Maybe explore distribution of FMCGs instead. Retailing is very dicy, overhead cost is high, accounting is a headache and even with software you cannot control staff 100 percent. You will also have products that wont sell well and then expire. It will cost you the same amount to be a big time distributor, and you can control it better. Just look into having a warehouse close to the market and observe other distributors. |
Re: How Lucrative Is A Supermarket Business? by Jeferious: 8:47am On Mar 27, 2023 |
TheOgaBoss: |
Re: How Lucrative Is A Supermarket Business? by mkoabiola: 11:03am On Mar 27, 2023 |
It capital intensive |
Re: How Lucrative Is A Supermarket Business? by Lingudy(m): 10:22pm On Mar 30, 2023 |
It may depends on the feasibility study and location |
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