Have you ever considered running your own Convenience Store? A recent study by the Association of Convenience Stores found that “having the day to day essentials available within a ten minute walk of home was the most important driver of satisfaction” by a staggering 76 per cent of the people surveyed. Whilst, the larger supermarket chains may be useful for the weekly shop, convenience stores play an important role in the stocking up of day to day essentials. If you are considering setting up your own Arkwright Empire the survey found that around 10 million Britons visit convenience stores daily to stock up!
Contacting your local council or local estate agent might be the best place to start. You need to consider carefully location. What estates or area is your shop going to serve? Who are your clientele? What are their needs as a community? What are they likely to buy?
Once you have leased the property, the crucial part is considering the purchase of shop fittings. You need to consider the layout which will include display shop fittings and counter from which you will sell your wares. What atmosphere do you want to create in your shop: Small and friendly, or big and well stocked with a range of everyday essentials?
Once these initial decisions are made regarding your vision for the Convenience Empire you are creating, you need to ensure you hire experienced and knowledgeable Convenience store shop fitters. A good company should be able to assist you in choosing eye-catching and carefully thought out shop fittings that will draw in your customers.
The experienced Convenience store shop fitters will manage your project from design to completion. Look for shop fitters who are able to also carry out any building work should it be required and can deal in retail electrics. The company may also provide a commercial plumbing service. Knowledgeable companies should also be able to recommend or deal with the sourcing of retail equipment and display shop fittings, ensuring they are tailored to your requirements.
Next on the agenda is stock. The modern convenience store can trace its humble origins back to the grocers of the pre-supermarket era. Key to success is stocking a wide range of food and household items on a smaller scale than the supermarket. Think mini-market. Popular items with convenience store users are inevitably cigarettes, alcohol and newspapers. With the decline of the local Post Office, sometimes convenience stores can be the lifeline of the community, providing bill paying services like Pay Point, acting as a parcel or mail distribution agent, offering a faxing and copying service, or if creating a sufficient turn over can even provide a cash machine or cash back service. When you consider what service you will aim to provide your customers with you should consider how the layout and shop fittings will lend themselves to such endeavours.
With 10 million of us visiting Convenience stores in the UK daily: running one could be an exciting and lucrative challenge!