how much does it cost to set up a sari sari store?
how much does it cost to set up a sari sari store?
Are you going to set up one? What type of sari sari? fruit and vege sari sari? or do you mean ukay ukay? lol
I haven't got a clue Tom, maybe some of our colleague here.
There is always death and taxes; however, death doesn't get worse every year.
Fully stocked Sari Sari store?? IMO..PHP50,000...Perhaps a bit more. (not including a building or shack) If theres anything else I cant think of.. I`ll just keep editing.
hi tommi,
im sorry i got disconnected..as ive told u it depends on the location..or if she will have the place already or she will going to rent.
mine is built in front of our house..
Tom, sorry i got disconnected. Anyway, if u r building a small one, and u have the place for free, i think 50k is a good initial capital. You can just add supplies when its already earning.
Faith makes all things possible.
makes them easy.
i agree with u empott,thats what cost us when we have one since we have available place in front of our house..if its already earning u can use it again to buy another stocks..
Yeah!! Ive heared that before!You can just add supplies when its already earning.
Are you going into the "corner shop" business???
My ancestors, the Romans, used to build straight roads, as to avoid congestions at the corners...
times change, huh...?
As I mentioned before to someone else...
If you want to make a small fortune in Phil, you need to go there and start with a large one....
Good luck...
haha!
thank you everyone for your responses, wow, i go away to talk to my uyab for 90 mins and already lots of help! wonderful
yep, mar is starting a lil business selling charcoal to the townsfolk ... but more permanently we do plan to set up a sari sari store ... and also . . . a cafe . . . to be honest, im not in it for profits . . . (i'll make the actual money here lol) but i don't think i can be a 27 year old retiree in the philippines for too long (that's in 2 years, im 25 now )
thanks for your help everyone seriously . . .
ok . . .
here's another question . . .
how much money to actually put up a shack to house the sari sari store?
thanks
tom
the dream is to have
-a small cafe, with a few computers . . .
-a sari-sari store
all housed in a little shack
tom
Yep!! I agree with aromulus once again..You can build a very adaquate shack for PHP5,000 and indeed have change.here's another question . . .
how much money to actually put up a shack to house the sari sari store?
ahhhh ok
i have been reliably advised that to build a 5 bedroom house in bayawan city. . . 3k would be more than enough, and we're going for that "native" look
then we also want to have our wee cafe with a sari sari store and a tiny internet cafe place, and i also want to use that spot to teach english to the poorer folks
it'll just be like a community place --
about generating income ... all that will come from rental income and some "meagre" savings (by UK standards)
tom
Fred
Dom said £5,000 GBP
but are u saying actually 5000 peso?
im confused!
oh and when i said a budget of £3k to build the 5bdrm house, it was in sterling i was talking about
A £5000 shack? Are you sure?..Now I`m confused!!
Ohh..OK he did say £5.000!! I missed that..Oops..
Well I say that I can build an adequate shack for PHP5,000.
Show me the plan..I`d like to see it.£3k to build the 5bdrm house
the first time I went to Davao. I was offered a shack + land for 150quid.
I'm sure prices have gone up - so maybe 180quid now
so 100quid for land (5m x 5m plot) and 50quid for the shack (30quid materials - 20quid labor) sounds about right.
wow!
so . . .
if im gonna have a small cafe with a sari sari store on the side,
if i bring a couple of £grand
it shoud be sufficient right?
t
Yes, well... give or take a couple of hundred quid, we would have managed to get at least a 3 bedrooms house, built.
Only that the owner of the land, realizing that a "foreigner" was buying the plot, doubled the price...
I had 5k allocated, but I wasn't going to give in to the little twt. So he lost business.
Filipinos tend to take advantage sometimes when they are doing business with foreigners. They double the price! Have ur wife do the transactions instead, Aromulus. They know that she knows the right price and she can haggle too.
Faith makes all things possible.
makes them easy.
Tom, it depends where you go and who you are dealing with. there are so many `foreigners` now that the locals are getting wise. I have many dealings with Cebu and Manila and the prices are cheaper, but be cautious - the legal side can be a nightmare.
We got our Nipa Hut in Leyte for 60 quid, its even got a verandah out front
Sounds like an exciting project Tom ! Let us know how it goes.
hi Tom,
when we built our sari sari shop last June,we have a vacant lot in front of our house so we dont need to rent or pay something for the place..
sorry but im not good in sizes, i can't tell u how big it is or what's its size in square meter or diameter but I can say enough for a regular sari sari shop..
I only have around 30thousand pesos cash in hand,for building materials,labor and stocks..but as the times goes by since its already earning and I am adjusted already on how it works I used the earnings to buy another stocks for it..
I'll tell u something Tommi,if ure putting up a sari-sari shop since its very common here in the Philippines u'd better not get or all ur daily needs there.. I mean if u need something let's say a shampoo or one piece of candy u also have to pay eventhough ure the owner..and dont get the earnings right away,ud better use it again to buy another stock..well in every business u cant see right away its earning..right?
Goodluck..
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