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August 3rd, 2007 03:03 PM #1
Has anyone of you know or experienced putting up a Mini-grocery? Magkano ba ang capital na kelangan para dito say, a 50-100sqm space..or yung tipong mga 2-4 counters na mini grocery..What is the expected ROI for this kind of business?..and what are the pros and cons of running one?..TIA for your inputs..
Para kasing maganda kung nasa ganung business ka para di kana magpapanic-buying kung may emergency..hoarding nalang!
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August 4th, 2007 01:24 AM #2
I talked with the 7-eleven people once. one of its main officers eh kababata ko.
dun ko na laman na grabe pala ang i-require sayo i-manage ang ganito type of biz. pilferage is the biggest problem both external and internal. it ruins the inventory and it creates distrustful atmosphere among your employees
pero kung ikaw yun tipo na manager 24/7 sa shop mo, baka puwede siguro. pero ako rule out ko na'to sa business.
pero meron sila isang biz within the 7-eleven na pumapatok ngaun, I'm eyeing this very much hehehe
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August 4th, 2007 09:22 AM #4
regarding the issue of pilferage, inventory control for a grocery is also one aspect i'd like to know about..for me, next to the hardware business parang ito yung next na mahirap ma-control ang stocks..i'm exposed to the warehousing(material issuance) practices in the manufacturing industry but i want to see how different will that be from a grocery set-up..
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August 4th, 2007 03:48 PM #5
some inputs in this kind of business.
for 100 sq.m space
1. what type of store, is this walk in type or over the counter?
2. is warehouse included in 100 sq.m
for check out counter, 2 is enough, but this alone will cost you arund 100k if you go for the POS type, cash register is cheaper at around half the cost of POS.
inventory control, usually average of 2 weeks to 4 weeks for fast moving products for non food, maximum 2 weeks for food items as it expires. the inventory excludes the stocks available in the selling area.
ROI is around 2-3 years, initial investment for the inventory would be around 2.5- 3 million for that space.
Suppliers usually will give you 15-30 day terms, except for the big suppliers like P&G and Nestle that only gives a maximum of 7 days.
Discount ranges from 2 to 5%, depends on the suppliers. Wholesalers like ultra mega and suysing gives cheaper price for the products but you have to pay in cash.
PM for more Q's
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August 8th, 2007 02:08 PM #6
Sirs rr, BB and ob, thanks for the inputs..
i'm planning(but not in a hurry) to put up a walk-in type of store with aisles complete with cold stocks and dry goods..warehouse space is not yet included in the 100sqm..(actually, i only realized it when sir rr asked abt it..hehe)..
how about the ref and freezer, do they come with the supplied goods?or still part of the capital investment..
what is the difference bet a point-of-sale system and a simple cash register?
aren't most of the grocery items available on consignment basis?(pardon my ignorance but this can be crucial to the operation when sales are slow) If not, what is done to the unsold items(old stock) then?
(sorry, i'm a bit shy to make a pm)
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December 14th, 2008 08:48 PM #7
A POS linked to an Inventory System may cost more, but will take off a huge chunk of your future head aches (we learned the hard way)
The good suppliers replaces their products on your shelves days before they expire. The bad ones will force a huge amount of their products on your shelves/refs. Don't let them do this. The ref's can only take so much, filling them up beyond what should be will not keep food at their optimal condition.
Haggle for that deal you want. With good PR, some suppliers will stretch their own rules for you.
Bad orders (aka unsold/broken/non-moving items) should be returned to the suppliers. Some will deduct their prices from your next order, while others will replace them with new ones. Other's will trick you into 'forgetting' your bad stock, or blaming the damage on you.
Don't ignore the suppliers that are starting up, they usually give their products on consignment, and full return for bad orders.
If I'm not mistaken, SuySing also accepts credit cards plus they have cool incentives like Disney trips, etc.
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February 26th, 2014 12:51 AM #8^ ito ba yung itatapat sa 7-11? may nakausap kasi mommy ko na magtatayo daw sila gawa ng gusto nila upahan lupa namin sa hi-way. hundreds o thousands ata itatayo nila branch
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