Retail Business Ideas- Make Successful Startup
If you want to cash earning from beginning implement retail business ideas that can get high profit and cash return all the time. You are selling goods to the buyer, and you are making cash. So its investment is much less than other businesses. Retail business profits are much higher .Get always profit on Beverage retail business 65 %, jewelry retail store 62 %, cosmetic retail business 58 % percent, sporting goods retail business 51 %, electronic retail business 43 % ,but many times this profit can be more or less due to market demand and mutual market share of different companies.
Table of Contents
Retail Business Ideas -20 Ideas for high earning
1.Stationary and Book Store
This retail business idea can be easily implemented. Because no special skill is required to open a stationery and book store. Stationery shops in India mainly rely on the sale of pens, pencils and other accessories for school children. Besides, notebooks, pens, printing papers are sold as per the requirement of the office. The best retail business for a small town is to rent a small shop, and supply the goods
according to the needs of the customers. Ideal place to do this retail shop in a place where there are many schools-colleges-offices.
2.Grocery Store
If you want to implement a simple retail business idea, then a grocery shop is the easiest way for you. We collect 75% of the food from the grocery store. This means every household needs grocery product. You can do this business in the village with hat-bazaar or locality. In the case of the city you can do this business in a large flat or in a nearby place in a multi-storied building.
Investment-INR-2000
Profit Margin-10 % – 40 %
3.Fruit Store
No special skills are required to shop for fruits. So you can start as a profitable retail business idea. There is a definite market for fruit so you have to sell it. The amount of profit in this business is even better. This fruit occupies a better place for breakfast in the morning, office tiffin or children’s school tiffin. Everyone keeps a good amount of fresh fruit at home. So if you keep the price right you can sell a good amount every day and make a profit. So buy fruits wholesale according to the demand of the area and start retail business. You could start your own home-based business tomorrow with very little startup cost.
Investment INR-10000
Profit Margin- 40% – 50%
4.Tea Stall
You can start a tea shop because it can be started from a very small shop. This shop can be easily started in office area, market area, railway station, bus stand. You can also sell biscuits or cookies with tea.
Investment-INR 10000
Profit Margin- 40%
5.Flower Shop
Demand for this specialty has grown significantly as a result of recent corporate scandals. In addition, many people buy flowers every day for various rituals at home. Flower shop is a lucrative retail business idea. You have to buy flowers according to the needs of the festival, because flowers cannot be kept for more than one day. So try to sell all the purchased flowers to the customer. Since the amount of profit is high then you can gradually make the business bigger.
Investment- INR 10000
Profit Margin-30% – 45% (Depending on Flower and Design)
6.Juice Shop
In general, juice shops in India are mostly set up in wheelbarrows. This is because capital is not spent on renting a shop or buying a house in the market. Consequently retail business idea as such it is a very lucrative business juice soup in front of office area, shopping mall or park will sell well.
Investment- INR 10000
Profit Margin-40 %
7.Toys Shop
Every child loves toys because toys play a vital role in their lives. If you are thinking of a retail business idea then start a toy store. It is possible to earn a good amount by doing this business.
Investment INR 50000
Profit Margin 40%
8.Saree Store
Women in India love to wear sari, many can wear sari in general every day. Again, there are many people who can’t wear sari in the office, they like to wear sari in ceremonies. So when you are thinking of retail business idea, do sari shop business. If you live in a small town then you can start this retail idea for small town area.
Investment- INR 3000
Profit- 40%
9.Medical Shop
At present the number of medical shops is constantly increasing. But it is clear that this did not affect his business. Because the number of patients is increasing day by day, as a result the sales of medical shops are increasing. You can set up this retail business idea next to the doctors’ chamber or hospital. It is a very lucrative business.
Investment- 200000-400000
Profit- 10%-20%
10.Cosmetic and Imitation Jewellery Shop
Demand for this specialty has grown significantly as a result of recent corporate scandals. If you are thinking of retail business for small town then you can start cosmetic imitation shop. You can buy those it from amazon.com easily and start retail business.
Investment- INR 200000
Profit Margin- 20% – 60%
11.Electrical and Electronic Goods Retail
We use electrical goods almost every day. So it has good demand in the market. You can also sell electronics goods and retail if you want. Of course this business can be a good potential location in retail for small town.
Investment- INR 100000-300000
Profit Margin- 20% -30 %
12.Pearl jewellery
If you are planning a business, retail business for small town then you can open pearl jewelry shop. You need to make a glass showcase to display in the store, so that it looks good. Women like to use pearl very much in ceremonies. So it is possible to sell well. This may be for you best retail business Ideas.
Investment- INR 200000-400000
Profit Margin- 30%
13.Mobile Store
Mobile shop is a good retail business idea. Because the use of mobile is increasing, but you must have a stock of new and many models of mobile. Mobile shop decoration a little better. There needs to be and there needs to be a system to display the mobile. It is possible to sell a good amount if the price is right. You can also sell mobile accessories with mobile. The amount of profit in mobile accessories is much higher.
Investment INR-200000
Profit Margin – 10%-30%
14.Cake Shop
The cake business is a very lucrative business. So many people are interested in doing this business. It’s much easier to get started, so the stress of doing a cake shop retail business is much less. However, the female entrepreneur became more interested in running this shop.
15.Lather Bag and Accessories
Leather bag and other accessories store is a very lucrative retail business. Leather bags and other items are very popular among fashionable people. So if you can sell at the right price, the shop will run well. However, it is mainly a retail Business for Small Town.
Investment – 150000
Profit Margin – 30%
16.Child and Infant Baby Garments Store
We always try to get the best quality clothes for the children at home. And I like to teach better and more comfortable clothes for newborns. Baby Garment’s business is now one of the most sought after retail business ideas in the world. It is perfect for small town because this shop will run well where there are more markets and more people traveling.
Investment- INR 150000
Profit Margin – 30%-35%
17.Car Bike Tyre Store
You can also shop for a car-bike tire if you think of retail business. This is a very lucrative business.
Investments- INR 100000
Profit Margin -20 % – 25 %
18.Plant Nursery Shop
If you love flowers or small fruit trees, you can plant nurseries. This is a very good retail business idea. This is a very lucrative business. If you have a small shop for this. However, doing this business in an open space will attract more buyers.
Investment INR 20000
Profit Margin 30%-50%
19.Used Bike Store
If you have a good understanding of bikes, that is, bike engine condition, good experience with paper documents, then you can open a used bike store. This is a very profitable retail business idea. The amount of profit is much higher here.
Investment -INR 300000 -500000
Profit margin – 3000 to 5000 per sell
20.Sports Goods Retail
Sporting goods is a very lucrative retail business. If you have enough quality sports goods in your store, you will always have a crowd of sports lovers wherever you shop.
Investments -INR 100000
Profit Margin – 30% – 50%