A general supermarket, with a more specialized focus on Asian products such as Javanese, Thai, Korean, and Chinese. These products are in high demand.
What makes this project special is that it is rare and very limited in Makkah.
The traders are few, countable on one hand, and I know almost all of them.
The project is very, very profitable.
From personal experience.
I have been working in the field for 10 years, and the products are highly sought after by hotels, restaurants, catering services, and even homes.
It requires capital:
- A commercial space for a supermarket or a large grocery store. A bakery is not needed.
- A license, registration, tax ID, and all required permits for commercial activities.
Approximate cost of the store:
Rent: 30,000 to 40,000 SAR per year.
Establishing and equipping a 400 square meter supermarket, for example, requires an investment ranging between 250,000 to 500,000 Saudi Riyals. This includes design, manufacturing, and installation of shelves, as well as display and storage refrigerators.
Approximate details of establishment costs and essentials:
1. Shelving Cost:
The cost depends on the type of shelf (wall-mounted, central "double-faced", or wire for special displays).
Required Space:
400 square meters requires wide customer aisles; therefore, the actual space for shelves and aisles occupies about 60% to 70% of the area.
Estimated Cost: The total cost of shelves ranges between 40,000 to 80,000 Saudi Riyals (includes display shelves, pricing, and special stands).
2. Refrigerators & Freezers Cost:
Prices vary drastically based on capacity, brand (imported or local), and whether it has a separate cooling unit (external) or an internal one:
Vertical Display Refrigerators (for beverages and dairy):
Range between 6,000 to 12,000 SAR per door. A supermarket of this size might need 4 to 8 doors.
Horizontal Display Refrigerators (for meats, cheeses, and frozen goods):
Range between 10,000 to 25,000 SAR per unit depending on length.
Back Cold/Freezer Rooms (for the warehouse):
Requires a central freezing and cooling room with custom dimensions, costing between 30,000 to 60,000 SAR.
Total Estimated Cost: Ranges between 150,000 to 250,000 Saudi Riyals.
Cashier Area Setup (counter, equipment, and software) for a 400 square meter supermarket typically requires 2 to 3 Point of Sale (POS) systems to avoid congestion. The total cost for these systems ranges between 15,000 to 35,000 Saudi Riyals in total.
Expected daily sales: 15,000 to 25,000 SAR as a minimum estimate.
Profit margin: 5% to a maximum of 10% as a starting point for the project. However, typically, sales for such stores range between 60,000 to 90,000 SAR daily.
Everything depends on the availability of products and the variety of offerings.
For your information, a personal friend of mine is one of the largest traders of these products and imports them personally to Saudi Arabia. I presented the idea to him, and he agreed to finance us with products.
May Allah reward you with goodness and provide for you from His abundant grace.
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