io81

I have posted earlier about the new commercial building in Hawali, a friend of mine had just took a store there, the prices are as follows: the main shops on the ground level facing the street have a kholow or down payment of 10,000kd and the rent is about 500kd paid quarterly. The next floors only require rent from 400 to 300kd and no down payment. Now the sort of business’s that have taken place are: GNC, Patchi, Bon el Badawi, Refaiei rostary, Sugar, Empress and many more Kuwaiti based sweet and confecti shops. So now you have an idea what the customers there are going for and from such information you may have a better understanding if your business may grow fast or can live with the visitors of the other shops. You have to study your concept and see if  you work out between the above mentioned. If your thinking of food and sweet business this would be a great place to start, many of Patchi’s customer will surly notice your business. But if your thinking of opening a laundry….hmmm wala madri… i say go with food if thats what you originally had in mind and now with a better will power due to the stores i have mentioned. Always scan the area for new shops and opportunities, thats the only way to find a good location for a store, but still put in mind that passing customers wont buy your products they must be coming to hawali specifically to see your product or saw your store by mistake when they where intending to go to Patchi.

 

This entry was posted on Saturday, September 8th, 2007 at 8:40 pm and is filed under Rental space & Real estate, Retail. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.