Is the establishment of a frozen food store considered profitable and lucrative.

[TOZZIBLINKZ]

By definition a frozen food store is considered to be a business outlet that specialises on the freezing of perishable foodstuffs like fish , meat , vegetables , and other perishable eatable items . Establishing a frozen food store is no doubt considered to be lucrative and profitable but it totally depends on how it is being facilitated and manage possibly by the manager or owner . It is very important to understand that for a frozen food store to function it should have a steady 24 hours power supply so as to keep the freezing equipments working . Your frozen food store should be established in an area with high power supply rates and even if there is no area guaranteed to be of high power supply rate , it is advised that you have the financial Capital to provide steady power supply artificially and one of the ways to do so is by making provision for a serviced power supply generator .

The generator must be in good condition so that electricity could be made available to the frozen stuff business so as not to let the frozen food items to go rotten and spoilt . In Nigeria there are some frozen food stores that could be seen probably everywhere and even in the local markets , but not a reasonable amount of persons in Nigeria considers the business to be lucrative and profitable possibly because Nigeria has a low power supply rate .

 

[CALVINDOL]

The establishment of a frozen food store is considered to be a very lucrative and profitable business but it also depends on how the business is manage and also facilitated . First of all for a frozen food store to survive it is usually electricity based in the sense that for the freezing equipment to function there must be a standby electricity for the whole 24 hours so that the food stuffs stored in the freezer equipment could not get rotten or spoilt . The location of the frozen food store should also be put into consideration it is advised to establish your frozen food store in an area with high rates of electricity so that the freezing equipment and machines could be perfectly put into function and work efficiently and accurately .

In the absence of not finding a suitable location to establish your frozen food store business you can try an alternative by giving your frozen food store business electricity artificially . And by artificially what I mean is by providing in existence the use of generator and sustainable generator appliances so as to still generate electricity even without normal electricity given by the government . Finally you must be a good manager so that a frozen food business could flourish .

 

[Holicent]

A Frozen food business is a profitable and lucrative business. A store can make profits in the range of 7% to 8% on their sales. A store owner has to be very careful in choosing his stocks, as he is the one who has to pay for them. He should buy fresh stock on daily basis and always have a variety of products available to meet the demands of customers. He should also keep an eye on the changing trends in the market and adapt his product range accordingly.

The frozen food business is best suited for those people who have a lot of time on their hands and love cooking. They can become successful entrepreneurs if they have the right skills and knowledge about the products they are selling. Frozen store business should be carried out in an environment with a constant electricity and a standby generator in case of emergency as frozen foods are just good when frozen only.

 

[Jasz]

Frozen food stores are profitable and lucrative. The reason for this is that frozen food stores sell the goods at a much lower price than if you bought them at a grocery store or other retail store. The primary reason for this is that frozen foods can be stored longer and therefore have a better shelf life if there is constant electricity, so they cost less to buy and sell.

Another reason why frozen foods are so profitable and lucrative is because of the large amount of product that they sell. Frozen foods are very popular, especially with families who have young children because they are easy to prepare and they taste good too

The profitability of frozen foods is not limited to the store itself, but also includes any marketing expenses associated with selling the products. For example you might hire an advertising agency to help promote your business by placing ads in local newspapers or magazines and even on television stations or radio shows. This will help increase sales volume but also raise awareness about your brand name so that more people will know about your business which helps reduce the need for expensive advertising costs over time as word spreads about what a great product you offer!