sports nutrition store with refunds

Project summary

I'll tell you as simply as possible, in a way that's easy for a guy to understand. Later, we can meet and discuss in detail how everything works.

Step-by-step plan:

1) search for a small premises in a district town with good traffic (no competition), for example, a town near my hometown Chervonohrad (now Sheptytskyi)

2) we rent premises and purchase goods according to my scheme from the USA

3) we sell goods with a markup of more than 100% in a physical store and create social networks to expand the business

costs:

rent-40000-50000(first+second month+realtor)(depending on the initial budget, you can choose a simpler location)

purchase of goods - 50,000 UAH (can be more or less depending on the needs and budget capabilities, but not less than 30,000)

Shelves, a counter for the seller and cosmetic repairs with exterior design - 15,000-20,000

Costs for opening a sole proprietorship, accountant and employee salary - 20,000 (part of the costs occur at the end of the first month after opening, so they will be covered from income)

yield:

I will write based on one of the most popular products in the world of sports nutrition and health supplements.

Vitamin D3 from Now Foods, dosage 2000 IU, 120 tablets.

Having requested a price list for dietary supplements from a popular supplier, I noted that the purchase price is 165.90 UAH, even without taking into account the scheme where I will return the money for ordering our product, the price when ordering is 154 UAH, and with the return of part of the money for the product, the price for us will be about 100 UAH. The price of such a product in the store in Ukraine BCAA.UA is 279 UAH, which is 180%!!!!

We calculate that the average markup for each product will be 140%.

selling goods at a price approximately the same as competitors', in the amount of 100,000 UAH, this is not a lot for this business, it is the minimum to avoid going into the red!

We spend 42,000 UAH on goods, the profit is 58,000 UAH, of which about 25,000 UAH is spent on taxes, rent and salaries.

net income 33,000 UAH

In the future, calculate how the income grows geometrically, how much to sell for a very real 200-300 thousand from one store)

I only need capital, knowledge in the product and knowledge for further actions on purchasing and sales.

I have been an athlete since childhood and am completing my higher education in this field.