Supermarkets Market Overview

The Supermarket business is competitive. However, there are opportunities for a broad range of participants to compete and to achieve great success through offering a mix of product differentiation, competitive price, convenient location & superior customer service. Independent Supermarkets provide a mix of selected products unique to their market, and are able to compete with both smaller convenience stores – as well as the larger supermarkets. A principal grocery buying strategy is to select products and brands that are not necessarily available in larger supermarket chains, as well as providing a full range of staple products, which are sourced from METCASH, and sold at competitive prices. Supermarkets are considered to be “recession-proof” businesses. Everyone needs to buy food. This type of commodity-based business allows for consistent sales and simple budgeting and business planning. This is why so many owners operate multiple stores – once you have mastered the management of these businesses – expansion is easy. For further details contact Bud the Victorian supermarket specialist. Bud (Gamil Baddour) Business Broker Supermarket Specialist