[Show all top banners]

regidk

More by regidk
What people are reading
Subscribers
:: Subscribe
Back to: Kurakani General Refresh page to view new replies
 Nepali Indian grocery store
[VIEWED 3694 TIMES]
SAVE! for ease of future access.
Posted on 01-13-18 10:04 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Grocery store owners, can you please share the steps required to open a successful NepaliIndian grocery store in a big city like LA or New York or SF or Houston?

1. What kind of location is good...
2. How much space is needed sell goods and remain break even after all the expenses..@$3000 in base rent @ 1000 sq ft..Can you have a very small Nepali/Indian grocery shop @ only 500sq ft or you need at least  ...  XYZ sq feet space to be able to sell all kind of things and break even.
3. How much is good rent? At what rent you do not suggest do business. Is $3 per sq ft per month is good in very good foot traffic location with no Parking? 1000 sq ft @$3 would be $3000 just to the landlord..
4. What is the average margin per month..Is it 30%, 35% 40% or above 40% on average...?


5. If your Rent is $3000 per month for 1000 SQ ft of space, how much do you need to sell to break even...Let's say you have $500 more for insurance and other expenses...And you work alone... 

And...for a space that is 1000 sq ft...how much $$ would you spend on inventory display as you open your today for business..



6. Any other suggestion would be highly appreciated like...what to looking for when choosing your vendor for goods that you want to sell...

7. Is there any other thing you need to to make sure...

If you would like to add anything further, please feel free. Hoping that someone will respond.


Last edited: 13-Jan-18 10:11 PM
Last edited: 13-Jan-18 10:17 PM
Last edited: 13-Jan-18 10:19 PM

 


Please Log in! to be able to reply! If you don't have a login, please register here.

YOU CAN ALSO



IN ORDER TO POST!




Within last 7 days
Recommended Popular Threads Controvertial Threads
मन भित्र को पत्रै पत्र!
TPS Work Permit/How long your took?
Does the 180 day auto extension apply for TPS?
Travelling to Nepal - TPS AP- PASSPORT
NOTE: The opinions here represent the opinions of the individual posters, and not of Sajha.com. It is not possible for sajha.com to monitor all the postings, since sajha.com merely seeks to provide a cyber location for discussing ideas and concerns related to Nepal and the Nepalis. Please send an email to admin@sajha.com using a valid email address if you want any posting to be considered for deletion. Your request will be handled on a one to one basis. Sajha.com is a service please don't abuse it. - Thanks.

Sajha.com Privacy Policy

Like us in Facebook!

↑ Back to Top
free counters