Feasibility study of the clothing store project 2023 in Saudi Arabia with the cost – platform


Feasibility study of the clothing store project 2023 in Saudi Arabia with the cost – platform

Feasibility study for the clothing store project 2023It was known that the previous project is one of the projects for which there is a large demand, and it was known that this project is distinguished by its large profits, which are compared to the private capital in the project that is used to start the project, and it was known that The trade of selling clothes is one of the most important and prominent projects that are known to be profitable, so we will learn about the feasibility study of the 2023 clothing store project.

Feasibility study for the clothing store project 2023

There are many details related to the feasibility study of the Clothes Shop 2023 project, which have been clarified by specialists in this field, which enables the person to be fully aware of the project details, as follows:

  • First: A business plan for a men’s clothing store project.
  • Second: Men’s clothing designs within the project.
  • Third: The cost of the clothing store project.
  • Fourth: Private capital in a men’s clothing store project.
  • Fifth: Revenues related to a men’s clothing store project.
  • Sixth: The percentage of profit for a men’s clothing store project.

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Business plan for a men’s clothing store

It is possible to delve into the details of the feasibility study for a clothing store project that is related to the men’s section, especially since there are many details Business plan for a men’s clothing store project, which we will present through the following:

  • That work be done to determine each of the types and designs of clothes that are being displayed in the clothing store.
  • In addition, work should be done to evaluate the clothing store in accordance with the area and location, as well as the project’s employment.
  • Work is done to identify each of the tools and requirements that are required for the project.
  • In addition, the fixed costs of the project should be evaluated, as well as the operational costs of the project.
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Cost of a men’s clothing store project

Through a detailed review of the feasibility study for a clothing store project, we will be able to identify all costs related to this project, which are known to be within the cost of a men’s clothing store project, which are represented in the following tables:

Labor cost for clothing store project

Function the number Monthly Salary Total monthly salaries Total annual salaries
Owner of the project 1 3000 3000 36,000
Sales Officer 1 150 150 1800
Total 3150 37800

Procurement costs

clause monthly quantity unit cost Total monthly cost Total annual cost
men’s shirt (set) 100 90 9000 108,000
men’s blouse (set) 100 68 6800 81600
Men’s trousers 100 128 12800 153,600
Total 28600 343,200

Administrative expenses

clause Annual cost monthly cost
license fees 1200 100
Marketing expenses (annual) 1200 100
Stationery and stationery 600 50
Phone and mobile expenses 600 50
Total 3600 300

Utility and energy costs

clause monthly cost Annual cost
electricity 300 3600
Total 300 3600

Miscellaneous costs

clause Annual cost monthly cost
Indoor exhibitions 2000 167
Total 2000 167

total operating costs

clause monthly cost Annual cost
Purchase costs 28600 343,200
Salaries and wages 3150 37800
rentals 2500 30,000
Administrative expenses 300 3600
Operating costs (excluding depreciation) Utility and energy costs 300 3600
Other miscellaneous expenses 167 2000
the total 35017 420200
Reserve (5%) of total operating costs 1750 21010
Total operating costs + reserve 36767 441210

Project capital for a men’s clothing store

invested capital clause the value
Current assets 70245
Fixed assets 25800
Expenses of incorporation 5000
the total 101045

Income from a men’s clothing store project

clause monthly quantity The price is for one product monthly revenue Annual revenue
Men shirt 100 120 12,000 144,000
Men’s blouse 100 90 9000 108,000
Men’s pants 100 170 17,000 204,000
Total 38,000 456,000

Profitable men’s clothing store project

the month 1 2 3 4 5 6 7 8 9 10 11 12 the year
production capacity 60% 60% 70% 70% 80% 80% 80% 80% 150% 80% 80% 80%
Revenues 22800 22800 26,600 26,600 30400 30400 30400 30400 57,000 30400 30400 30400 368,600
Promotion discount 228 228 266 266 304 304 304 304 570 304 304 304 3686
Sale commissions 228 228 266 266 304 304 304 304 570 304 304 304 3686
Net revenue 22572 22572 26334 26343 30096 30096 30096 30096 56430 30096 30096 30096 364,914
costs
purchases cost 17160 17160 20020 20020 22880 22880 22880 22880 42900 22880 22880 22880 343,200
salaries 3150 3150 3150 3150 3150 3150 3150 3150 3150 3150 3150 3150 37800
rentals 2500 2500 2500 2500 2500 2500 2500 2500 2500 2500 2500 2500 30,000
Administrative expenses 300 300 300 300 300 300 300 300 300 300 300 300 3600
Utilities and energy costs 300 300 300 300 300 300 300 300 300 300 300 300 3600
Other expenses 167 167 167 167 167 167 167 167 167 167 167 167 2000
Asset depreciation 215 215 215 215 215 215 215 215 215 215 215 215 2580
total costs 23792 23792 26652 26652 29512 29512 29512 29512 49532 29512 29512 29512 422,780
total operating profit -1220 -1220 -318 -318 584 584 584 584 6898 584 584 584 -57866
Bank service fee
Net profit before zakat -1220 -1220 -318 -318 584 584 584 584 6898 584 584 584 -57866
zakat
Net profit -1220 -1220 -318 -318 584 584 584 584 6898 584 584 584 -57866
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Men’s clothing store project tools

There are many tools that are being used within the feasibility study of a clothing store project, which is through which the tools for a men’s clothing store project are reached, so the person must provide these tools in order to start the project as follows:

  • A minimum of 2 dressing rooms.
  • Work on distributing a sufficient number of mirrors in the shop.
  • In addition, working on securing chairs for the convenience of customers.
  • Work on purchasing a small desk as well as a chair for accounting.
  • In addition, working on providing the shop with a personal computer as well as a telephone.
  • Work on placing surveillance cameras inside the clothing showroom, as well as accounting, and in addition to that in front of the store.

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Marketing a men’s clothing store

The idea of ​​​​marketing to the project to be equipped for is one of the most important ideas that a person must carry out, in order to reach a feasibility study for a clothing store project that is within the marketing of a men’s clothing store, which is represented in the following:

  • That work be done to place billboards attached to the clothing store in the following places:
    • Market entrances.
    • commercial complexes.
    • Near the cafes.
    • Also, near the sports clubs.
  • In addition, an account must be created on one of the social networking sites in order to publish the store’s goods.
  • That work be done to provide a set of advertising campaigns that are paid through social networking sites or through e-commerce sites.
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License for a men’s clothing store in Saudi Arabia

The license is one of the most important parts of the feasibility study for a clothing store project, and it is through which all the details that are followed in order to obtain The license for a men’s clothing store in Saudi Arabia is as follows:

  • Ensure that the area of ​​the clothing store is not less than 20 square meters.
  • The location of the clothing store should be within the scope of a street, either commercial or commercial complexes.
  • In addition, a number of conditions must be complied with in order to obtain a clothing store license in the Kingdom of Saudi Arabia through the link here.

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Men’s clothing store supplies

Whenever we search for information related to the feasibility study of a clothing store project, we will be able to identify a lot of information that specializes in the requirements of a men’s clothing store, which we will work on displaying through the following items:

  • Mannequins in order to work on displaying clothes on them, whose price ranges in the markets of the Kingdom of Saudi Arabia from 500 Saudi riyals to 6000 Saudi riyals.
  • In addition, providing stands, tables and drawers for displaying clothes.
  • Working on providing hangers for clothes, the price of which ranges in the markets of the Kingdom of Saudi Arabia from 80 Saudi riyals to 200 Saudi riyals.
  • In addition, work to provide enough shelves to put the rest of the clothes.

Feasibility study for the clothing store project 2023. In this article, we have presented all the information and details related to the feasibility study for the clothing store project, which is based on many details that a person must be aware of in order to be able to succeed in his project.

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