Provision shops aka Grocery stores are where you normally go to purchase any items you need, such as bathing soaps, detergents, food items, biscuits, sugar and also wine of all kinds. Provision store is a combination of all households needs. They are extremely useful to every neighbourhood and the nation as a whole. There are different kinds of provision stores. We have those who sells as wholesales and those who retail directly to the consumers.
How To Start A Provision Store Business In Nigeria.
Starting a provision store is very simple and it has a lot of benefits attached to it. In this post, i am going to explain how you can start and make money from it. Many Successful business men had been able to make millions today through provision store business, such businesses are everyday supermarket which is very popular in Port Harcourt. There are also others like success supermarket and the likes of them. Provision store has made living very convenient for everyone. Although the gain in each item can be as low as 5 naira but when you gather each profit for one day, you will be amazed that an average provision store generates 10,000 daily as profit. In Nigeria, provision business has the most fastest selling items and its not a seasonal business. Provision business sells at all times. Whether there is money or not. This is the main reason why this business has been existing for a very long time. Provision store is considered a market where they exchange goods for money. This business has been in existence and us is said to be as old as the life of man on earth.
What Do I Need To Start A Provision Market?
Before starting this business you have to consider your start up capital. Although you can start small and grow big. Below are the things you need to acquire in order to start.
Before starting this business you have to consider your start up capital. Although you can start small and grow big. Below are the things you need to acquire in order to start.
Get A Shop: Renting a shop in a good location, like a well developed area that people are living, is a good start. Your daily sales are sure to increase especially when people are living nearby. Another aspect of this business is getting a well spaced out shop. Achieving this depends on how much money you want to spend. There are many cool locations where you can get a nice low cost spaced out shops,
places like ikorodu have stores to rent for an amount ranging from 60,00 to 80,000 while in festac, you can get a shop for 150,000 to 200,000 naira yearly payment.
Lights: Install florescent lights as this will give your store a nice look. You have to also install an air conditioner. Installing an air conditioner will help in keeping most of your goods intact and also chase out unwanted visitors. Apart from your personal comfort, customers are more likely to be pleased in a provision shop where an air conditioner is installed.
Refrigerators: This is a must in any provision store. Refrigerators helps in keeping the juices and soft drinks very chill. Nowadays, No one prefers to buy drinks and waters that are not cold.
Get Goods For Your Shop: After setting up your refrigerators, lights, wall painting, your tiles and tables, you next step should be stocking your shop with goods. If you are looking to start as a wholesaler, the prices are basically fixed in every place where the goods are being sold.
Summary: This is a business worth venturing into. As a wholesaler, you can get most of your goods in major market like Aba Market in Abia State. If you are in Port Harcourt and you do not have money for distance journey, you can as well buy from Mile 3 and Mile 1 market.
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