Opening a Mexican Grocery Store
The population of ethnic groups in the US is continuously increasing. If you live in an area where most Mexicans came to live after leaving their country, you can cater to the basic needs of this community by opening a grocery store selling stuff they know from home.
Living in another country makes one nostalgic for the smell and taste he knew back home.
If you live in an area with many Mexicans, a grocery store carrying Mexican goods not found in supermarkets will surely be a hit. So how do you start a grocery store?
Steps to Starting a Mexican Grocery Store
- Find a location ideal for a grocery – a place most frequented by Mexicans because it is near where they work or where they used to pass by to go to work.
- Check whether zoning regulations in your city allow grocery operation in your chosen location.
- Inquire with the city office for federal, state, and local business opening requirements and the laws regulating business operations. Learn everything you need to know about taxes, employment, and retailing.
- Identify the equipment you need (cash register, refrigerators, freezers, display racks, shelves, and bins) and where you can get supplies.
- Identify the goods you will sell.
- Come up with financial estimates. Calculate how much you will need as startup capital, how much will your weekly and monthly revenue and expenses be, and project earnings.
- Plan how you will get financing for your Mexican grocery store.
- Put everything in a business plan.
- Accomplish the paper works -- enter into lease agreements for the store and contracts with manufacturers, wholesalers, and distributors; get permits and licenses you will need
- Hire salespersons if you need help in the store.
- Order your equipment and supplies.
As an ethnic grocery store, you face a unique challenge in attracting your target customers and in surviving competition with supermarkets that now usually carry some items for the general Hispanic population. Here are some tips for running a grocery shop suited for Mexicans.
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Tips for a Mexican Grocer
- Take advantage of the holidays and seasons to introduce seasonal food – Mexican juices and barbecue during the summer.
- To survive competition with larger stores, specialize in selling goods not usually found elsewhere. Sell items you know are hard to find in mainstream stores and sell them in greater variety.
- Sell non-food items that remind people of their home or help them continue to connect with it, like Mexican newspapers, movies, and special cooking equipment.
- Help Mexican customers connect by becoming an information center for the immigrant community – help them distribute fliers or post-event ads that involve their group.
- Spend time with customers, talk to them, and give them advice and tips on how to get and do things around.
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To start a wholesale grocery business is either hard or easy for you. But if you will make sure that you follow the things that you must do to succeed, then you will. - European Grocery Store Start up Guide
Would you like to open your own European grocery store? Always follow the legal process when it comes to putting up a business, to avoid having problems in the future. Profits won’t come that easily so always be patient.
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Gina (wholesale candy broker). Walnut Creek, CA