Supermarket Business Plan In Nigeria 2020/ Feasibility Study

Supermarket Business Plan In Nigeria / Feasibility Study

The supermarket business is a very lucrative business to go into in Nigeria and for those who want to go into it, will be very delighted to start because it is a profitable business to venture into. So if you are looking to start a profitable supermarket business in Nigeria and you are in need of a supermarket business plan in Nigeria which includes a feasibility study template which would you in all the important and aspect of opening a super market business in Nigeria, then we are your best shots.

Our supermarket business plan in Nigeria was recently updated and well detailed business plan which can be used for applying for Grant , Bank Loans, Proposal writing, Business Concept Note, Competitions etc. In our supermarket business plan, we have done a whole lot of research work which include a detailed analysis, due diligence and a detailed evaluation on all the basic requirements that will be needed to start a supermarket business in Nigeria. we have also done a due diligence regarding the amount of capital that will be required to start a mini or large scale supermarket in Nigeria business here in Nigeria.                         

You can also read Catfish Farming Business Plan In Nigeria / Business Plan For a Mega Integrated Catfish Farming

We have a good supermarket business plan in Nigeria which have been recently compiled as a guide on how you can open and run a supermarket business in Nigeria successfully. Starting a supermarket business in Nigeria is one of the most lucrative and profitable business you can venture into because of its high profitability. But you don’t just want to jump into it without a lot of strategic planning and execution.

What some people see as a supermarket is actually a provision store. There is a very distinguished difference between a supermarket and a provision store. A supermarket is far bigger than a provision store. In fact, a supermarket has in it a provision store.

Everyone knows that this is a highly profitable business which could make anyone rich so long you have a good planning strategies and a good execution plans. If you enter Edo state, you probably will hear of places like hallmark supermarket, Anambra stores, exclusive stores etc. These are major big supermarkets in the state. If you enter Lagos, you will hear of supermarkets like pep, Jendol,  grocery, mothers care etc. The good thing about this business is that you can own a chain of it. For example, the aforementioned names all have chain supermarkets, But if you are wanting to own your very super market in Nigeria, then there are few requirements that are very necessary. And what are these requirements? First and foremost you must have a supermarket business plan in Nigeria

You must have a very good and detailed business plan before starting this business. This business plan will guide you, a business plan is usually like a roadmap and that is why its very important that you have one. You can call professionals to help you with a feasibility study of a supermarket business in Nigeria or you can place an order, we already have a detailed and professionally written supermarket business plan in Nigeria and feasibility study.

What I will not be enough for you to start up a supermarket business plan in Nigeria  For the full supermarket business in Nigeria because what I have on this website is not detailed enough. It does not contain the recent market survey, fianacial projection and also the executive summary To get a full detailed supermarket business plan in Nigeria for 10,000, please call me on 09066078526


pay N10,000 to

GTBank (Guaranty Trust Bank)
Account Name – Ogumka Innocent
Account No – 0153723721

After payment text your name, send a text of your e-mail address to 09066078526 and you’ll receive your SUPERMARKET BUSINESS PLAN IN NIGERIA / FEASIBILITY STUDIES REPORT.

As at today, it is on record that Supermarket or grocery stores accounts for the largest share of food store sales in Nigeria and that statistics as at now is not likely to change. From our latest research findings, we have discovered that grocery stores do account for up to 90% of the Nigeria’s food and beverage store sales. Then we discovered that about 95% of the total grocery stores are accounted for by supermarkets. This is so amazing and remarkable

If you are looking for a business that has a very high rate volume, a low margin business and a business that has a clear cutthroat competition from  all sides, then look no further because the food retail industry has it all. Below are the very futures of a food retail stores.  It includes; grocery stores, supermarket and convenience stores.

Most of the times I have seen some supermarket stores crash not because there was no cash in returns but because the owners only thought that the business is about and selling alone. It  having your own supermarket business in Nigeria, it actually requires more than just knowing how to buy from wholesalers and retailing. There are some necessary and vital information that are so important to apprehend. For example, how do you turn first time customers into a regular one? If you don’t have the necessary skills to do that, trust me, you can’t be able to do that.  Before you start your supermarket business in Nigeria, you will require a detailed  and a proper planning, you will also need enough startup capital which should be quite enough to launch the business and business/ human relation skills.. All these are some of the requirement needed for you to turn your supermarket business into a very profitable venture.

What is a supermarket?

check out this Poultry Farming Business Plan In Nigeria PDF 2020

Let’s define what a supermarket is. According to the layman’s view, it is bigger store where things are sold in larger quantity and also in a relatively lesser piece to what others could sell But let’s have definition from the Oxford dictionary where is says that a supermarket/grocery store is a large self-service store where the likes of food and other items are sold. Everyone knows what is been sold in a supermarket are product items. So for those who have the passion for retailing other manufactured goods items should start thinking of having their own supermarket stores. But if the fear is associated with how you can start and run a supermarket business in Nigeria? Then worry no more because our supermarket business plan have all the details that you need to start a successful supermarket business in Nigeria. So do well to order for our detailed business plan that was recently upgraded to include the market analysis, financial projection, executive summary etc.

Important Factors before setting up a supermarket In Nigeria

 Below we have prudently outlined some important factors to consider before actually setting up a supermarket business.

  • How much capital Is Required To Start A Supermarket
  • Where can I get goods to stock my supermarket?
  • Suitable Location For Your supermarket?
  • How many items do I need?
  • Profitability of starting a Supermarket business and daily profit?
  • What commodities and products would I sell In My Supermarket
  • How would I arrange my shelf?
  • What machines do I need?

There are factors in this business you don’t want to toy with except you want to be on the losing side. You must at the most make the right decision regarding the location of the business. In this line of business, the saying that “Location is everything” is actually true as far as supermarket business is concerned. The location of your business is a very key and important deciding factor about your business. In fact, it plays either the role of its failure or the role of its success. We will be looking at the various things to consider as you find a location for your supermarket business. They are very key and should be taken various seriously. They include:


pay N10,000 to

GTBank (Guaranty Trust Bank)
Account Name – Ogumka Innocent
Account No – 0153723721

After payment text your name, send a text of your e-mail address to 09066078526 and you’ll receive your SUPERMARKET BUSINESS PLAN IN NIGERIA / FEASIBILITY STUDIES REPORT.

Accessibility and Visibility – When you want to set up supermarket, always be weary of how it could easily be seen and find. Let your location be easily accessible to your clients. What this means is that you can easily be seen and spotted. Good location is very important and key people finding your supermarkets with ease and rest of mind.

Population – No one wants to set up a supermarket in a place where is scarcity of people. You will end up wasting your resources and time.  So locate a densely populated environment for your business. The probability here is that, you are likely going to have a high tendency that large number of people will be buying from you than when you are located in a very low populated area.

Competition – For so many reasons, we will advise that you choose a location where you have a far lesser competition. The reason is that, with competitors around you, you are going to be on your toes at all times without any relaxation at all. The good thing here is that, you will probably learn to be very proactive since you know that one mistake from your will lead to you losing out of your customers to others. But in all, stay clear from your competition around. Chose a location void of completion. Remember that these guys want to be ontop of you. The ocean is big, why fish in a pool?

Commodities Suppliers – Where will you buy your goods from? You have to locate a supplier from whom you will be buying from at a very cheap rate. Sometimes, it is always advisable to buy from the manufacturers directly. When you buy directly from a distributor or from the manufacturers, you have placed your]self on the advantaged side because this will keep your expenses so low. And you will make even more profits. Remember that when you have built a good and quality relationship with them you can buy on credit and pay later when you have made sales.

The good thing about this business is that anyone can do it.  Let me quickly say this. What am sharing with you now is just a periphery of the main deal. You can’t really work entirely with this little knowledge am sharing with you. I will advise that you place an order for our recently detailed supermarket business plan in Nigeria.

Warehouse – As a supermarket owner thee is always need to have a separate store called a “warehouse” where you are to store some of goods. This is very important. You need to have a warehouse where you store your goods. Sometimes it could be located in the same building as that of the supermarket or in a different location. Sometimes you are advised to restock your store when it gets dried up but we advise that you buy and store them. It has its advantages. For example, you could just wake up one morning and discover that rice producers are all on strikes and there no more rice production. What will you do if you did not store any?  Remember that when you order for products, it doesn’t just have arrive that day. Sometimes it takes weeks or even three weeks to arrive. So when you buy in bulk, you will still be in business even if your latest ordered ones have not arrived.

How much capital do I need to have to open a supermarket?
How much startup fund needed to start a supermarket in Nigeria? To be sincere and candid with  you, there is actually no specific amount for this business start up.  What matters here is totally dependent on your financial ability.

How much should I expect daily as net profit?
The best way to go about this is to set up a profit target for yourself. For example, you could decide to be making at lest a profit of N20,000 naira daily for the next three months.. Then get to work and ensure you work towards it.

We have a detailed Goat Farming Business Plan in Nigeria 2020/ Feasibility Study

What commodities and products would I sell In My Supermarket

Organic Food – Fresh fruits and raw vegetables
Cosmetics and beauty products  – Hair cream, body lotions, make-up kits, powder, etc.
Hair Products – Hair extensions, hair relaxing creams, shaving lotions, etc.
Jewelries – Wrist chains, watches, earrings, necklaces, pendants, etc.
Clothes – Suits, jackets, shirts, underwear, sweaters , skirts, pajamas, etc.
Pharmaceutical Products – Condoms, hand gloves, Hydrogen peroxide, etc.

Kitchen Wares- Plates, cutleries, kitchen pots, pans, stoves, dish washers, gas burners, toasters, etc.
Toys: Kids toys especially cartoon characters
Canned Foods – Tomatoes, sardines, canned sauce, etc.
Diary & Poultry Products – Milk, meat, eggs, cheese, etc.

Drinks -Dry gin, wines, fruit juice, soft drinks.
Footwear (Male and Female) -Loafers, boots, sandals, slippers, etc.
Packaged chin chin – bread, assorted biscuits, etc.
Toiletries –Soap, Toilet rolls, Face towels, Hand napkins, and Shampoos.
Household Products – flower vases, shoe bags, portable wardrobes, etc.

Sports Equipment – Skipping rope, board games, running shoes, dumbbells, static bicycles, etc.
Electronics – Phones, television sets, laptops, DVD players, etc.
Seasonal Products – Gifts for celebrations, Christmas, anniversaries, birthdays, etc.
Food Stuffs: Rice, beans, tin tomatoes, etc.
Pet Supplies – Pet food, Liquid soap for bathing them and Pet toys.

For the full course/ supermarket business plan in Nigeria which contains the detailed financial analysis, and market research call me on 09066078526


Executive Summary
Business Description
Products and services
Competitive Advantage
Market Research
Competitor Analysis
Sales and Marketing Plan
Operational Plan
Business Risk
Management and Structure
Financial Plan and Projections.

Our recent sample Supermarket Business Plan and Feasibility Study in Nigeria can also be used to access bank loans, proposal writing and grant applications. This business plan was compiled after a thorough feasibility study on Supermarket business in Nigeria was done by our team of experts


GTBank (Guaranty Trust Bank)
Account Name – Ogumka Innocent
Account No – 0153723721

After payment text your name, send a text of your e-mail address to 09066078526 and you’ll receive your SUPERMARKET BUSINESS PLAN IN NIGERIA / FEASIBILITY STUDIES REPORT.

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