°µÍø½ûÇø

You need to do a bit more research. First go to sijilat.bh and check if the businesses that you are investing in require a local Bahraini partner or not.   I am not sure but I think cold stores do.  Secondly, when you purchase a cold store, you need to have a CR or you buy out the CR as well.

Assuming you have done that research, the question of salary is not relevant.  I assume you are referring to the profit from the store?  this will vary a lot depending on foot traffic, location and area.

Please give more details in your questions so that people understand what is it that you need help with.

hi
Thank you a lot for your reply. so I want to invest in something on a budget in a cold store at 3000BD and laundry at 1000BD.

And i would like to know how cost Islamic school for my two kids they are 5 and 3 years old.

Yes I inquire I need a sponsor for the profits as you say it varies. I would like to know what for this kind of business if I could live and not survive that is to pay my rent to shop " without tightening my belt" and know how to recognize arnarchs in the purchase of this kind of business

Personally, I would not invest in any such business without making sure my name is on the CR.  There are a lot of crooked people out there and you don't want to be taken for a ride.

Also, a total of 4000 BD is not that big an investment.  Even if we assume that the places are generating tremendous business and you get a very high return for your investment; say 10%; that still makes it 400 BD a year in profit on investment or 33 BD per month which is nothing.

Islamic schools?  do you mean local schools?   the tuition would not be as high as the °µÍø½ûÇø schools but language barriers may exist i.e. mostly arab students in class.

hi. yes i know about it personally i know what i want to know is approximately how much can i have per month for the CR i am aware of. For the Islamic school I do not know how they name it there and also know its price. you said me ":say 10%; that still makes it 400 BD a year in profit on investment or 33 BD per month which is nothing:" WOW this is the first time I hear this because most of the people I talk to have never talked to me about it so how do they feed and stay, while with the ones I discussed rent and feed. especially that the rent is at 100BD see less. As i said it is a cold store

i will rent for 200Bd inclusive not plus so

thank you again for answering at least I am a more enlightened on this subject

I am trying to understand your question - there is a communication gap I think.

As I have understood, you want to make a part investment in a cold store/laundry.  4000 BD is nothing.  The people you are referring to who live off cold stores have invested a lot more with higher ownership size.  If I were to estimate; for a decent size cold store, with rentals and initial stocking fee for goods selection, you are looking at a minimum investment of 10-20K BD in the beginning.  Then the margin on most retail products will be between 2-5%.  So with a 1000 BD a day sale, you would make 50BD and then you have to pay salaries, rentals, electricity, visa fees, government costs etc.  This would be enough for them to live on but where I am coming from is that you are NOT OWNING the whole store 100% (at least that is what I understood); so you would not be making the same return as them as they have a higher risk.  Even if they guarantee you a high return every month, for the size of your investment, it is not possible to live on.   You shouldn't compare to a cold store owner as you are a part investor only.    Unless I misunderstood you.

Okay I understand better. I will not take staff I will redirect you to the kind of store so I can be better enlightened Tell me what you think

From what I see from the ad (and you can probably get more details if you call them - I am just judging on the ad and through experience):

1) Someone is selling the cold store for 2,000 BD.  In my experience, this is generally a sale of management and NOT the business i.e. CR etc.   This means that the current manager (who is managing this for the owner i.e. local bahraini guy) is handing over a running cold store to a new manager who will pay him a lump sum to buy out for his efforts, pay the owner a monthly fee besides cover all expenses of running from that day onwards.  So actually, you are NOT investing, you are signing up to take over a business and run it but not own it.  And you are also taking it over from the previous manager and not the owner.  The risk here is that you have no protection; practically you are an employee working for the owner and not THE business owner
2) It is in Gudabiya which is a heavily congested area in the center of Bahrain.  Most cold stores are run by people from Kerala (part of India) who are multi lingual i.e. speak Arabic and English. You are french and I am not sure about how good are your Arabic & English skills.  You definitely won't be able to run it yourself as a French lady (language skills, area and demographics) and communication with your employees, if you hire some, won't be easy either

Personally, I don't think this ad is what you think it is i.e. investment and then return.  It seems more of a hands on involvement with risks which I don't think you have the experience or the time to handle.

Yes I spoke to the person who posted this ad he told me that his profit was only 200BD no thank you. Since I do not want to work for someone that you advise me in what to invest I speak better Arabic than English because I was born in France but I am not of French origin. What do you think of a fast food do you know the procedures?

I think what you need to do first is to figure out what you want to do.

No business is easy.  Be prepared for losses when you start up.  It takes years to really establish a business from scratch. Fast food business is even more complicated as you have to deal with health authorities, municipality regulations etc.

From investment standpoint, literally all businesses which focus on the consumer/trading side will require a local business partner to establish.  Your best bet is to buy out a portion of the shares of an established fast food chain and get on the CR if you are looking for steady income.  But I am sorry to tell you that this is something you should contemplate only when you have at least 20,000 BD to spare and for the bigger chains, more than 100,000.   And then these chains should have need for your funds to begin with - the bigger ones like Jasmi's for example, have no need for outside partners and are family controlled.

Or you can go for smaller non branded fast foods but that is a risk.  Either way, do not make any investment until you can get on the CR itself.

ok thank you for all this information

Not a business person at all, but I've got a feeling that Bahrain is overloaded with cold stores - even the most deserted areas have a couple of cold stores around. the competition is fierce, especially, since locals prefer markets and °µÍø½ûÇøs prefer super/hypermarkets. I am not quite sure how cold stores survive.

Cold stores survive on the basis of:

1) Cheap products; some not commonly available in the big markets as these smaller companies cannot pay the listing fees
2) Personalized service i.e. home delivery within minutes, getting / keeping unique products for customers and in some cases extending credit even
3) Easy accessibility especially in congested communities - walking distances
4) Open late night after the big places have closed
5) Lower cost and overheads to operate vs. the bigger markets
6) Cater to certain demographics more than others e.g. working class people, ladies with mobility issues etc.

Hi Amaroq
Yes maybe ... you are right.  but i would like to invest in something like cold store laundry but i have no idea .

oh thank fir this informations Xtang

If you ever decide to do this, Xtang provided a recipe for success!
Good luck!