Yes I agree, location with lots of foot traffic is one of the key factors in a fast selling / profitable sari-sari store. My top five items were San Miguel Beer, cigarettes, finger food beer food, all kinds of Soda, snacks, ice, Dance outfits (tights, leotards, ballet shoes, point shoes, etc). Yes, it was a crazy mix of items. I sold whatever was in demand, the legal ones only (of course). During the day, my store with a canteen in the annex was catering to ballet students and their family who were there waiting for them. That school had a total of 300 +/- students and then plus their guardians. Then at late afternoon to night time, medical students (mostly studying to become an MD and or a Dentist, would come around for a drink. They came in groups. I just had a ping-pong table and dart board. My sari-sari store was a typical one with an over extended roof and I put 6 tables with 4 chairs each. The floor was just plain hard & solid dirt w/ pebbles. Lots of plants around it. Very clean and neat, cool atmosphere and good ambience. No music system. No TV, and back then, no WI-FI. Just people chatting away. Everyone knew everybody. If anyone was looking for someone, they would usually come by my store to look for their friend. Sometimes, they will come around to converge and have a couple of beers before they head on to their main event. It was open 6 days a week, from 9am to 10 pm ... ish!!! The only time I was not at the store was when I was at school. The only nights I was not at the store was during examination week. But that was okay, because med students were also preparing for their exams. I was 18 y.o. when I started it. It was during a turning point in my life when I had a major falling out with my parents. I had to do what I had to survive, in the most respectable way. That store started as a 2 arms - length counter as a canteen. The counter was filled with candy jars, a medium sized ice chest for soda, rented out magazines and comics for the student's chaperones. Lots of snacks, and home made sandwiches. A long table and once bench was all I had. I was blessed to have found a fantastic all around helper and a trustworthy one. Soon enough, I was able to open a real sari-sari store just few feet away from the canteen. While my parents put all my 6 other siblings to university, some of them double degrees and put them in private condo / apartments in far away cities. My ballet school canteen and med school & neighborhood type sari-sari store gave me the opportunity to continue Pharmacy school at a private university administrated by RVN nuns. Pharmacy at that time was a 5-year curriculum. That store was almost everything to me. Without it, I don't know where I would be. I had it for 10 years! I left town to work in Dubai. But the store was never shut down. I am now in California working as a Pharmacist. just looking back now at that now, my store income afforded me medical bills, prescriptions, clothing, allowance, tuition, books, out of town trips for externships that took up 2 separate summers, salary for my helper, and I was able to help at least one classmate pay her tuition fee for one midterm exam because her parents were late in sending her money. Really anything is possible as long as we put our heart into it. I wish you all the best. PS: just a suggestion: home cooked meals serving call centers, city hall employees, school teachers / students, hospital staff, public market, construction sites, etc. just do it as a fun project and see how it goes. Good luck and best wishes... If you have a little bit of money, build your home simple, and on your garden build a room for rent (boarding house type) for university students. Parents who are very concerned with their children will come to you if they find your place to be safe and secure, close to the university, and offer all basic amenities at least. If you are a handyman, you can build those room rentals or hire a carpenter, a few rooms at a time. Build your own bed, cabinets and tables. There's plenty of simple business that you do in the Philippines. Your Dollar goes a long way there. (sorry... it's very lengthy. I got carried away!)
i think you better pack the rice by the kilos and color coding for different prices. usedifferent color plastic bags so that when someone wants to buy rice its ready.
I'm fascinated by the concept of the sari sari store. When I went back to Bicol in 2008, I took pics of various ones because I liked how they arranged their goods in such a small space. My mom's vacation house is in the very back of her subdivision and we are fortunate there is a sari sari store next door to us. One, it's good when you need something in a pinch like cooking oil or cooking mix. Otherwise, my mom would have to pay a pedicab to take her to the entrance of subdivision where the small grocery store was. There are some pros and cons to sari sari stores but I don't think they are bad as far as earning extra money.
We don't have much foot traffic as we are on a side street, but my wife wants to open one and she feels that it will be good for the two of us because we are older and retired, and it will give us something to do. We also run a boarding house where most of our Sari Sari store business is from the tenants, and they love the idea of buying from us without ever having to leave the safety of the property.
I understand David, all I would add is a Sari Sari store is 24/7 work with little reward and if you want to go anywhere then you most likely have to close the store. We wish you both the best of luck, God bless.
depends on the place actually, a sari sari-store can generate 1000-2500 pesos a day if you're in the right spot, in our place it's not in the main road but it generates around 5000pesos a day, a pig farm with 30 pigs can generate an average of 25-35k pesos a month
Big investment on land, buildings and the pigs to start, and an ROI of about 35% annual is not that much.... but can survive without any major problems.
Can I make a suggestion, here in Nueva Ecija province, I noticed that lots of people love to buy freshly fried chicken. This way they can buy hot and ready to eat on the go, or bring it home for their dinner. Once you get at it, people will come, not only for the chicken, but also cold drinks. Eatery is good, but you have to provide a large area for customers to sit and eat. This endeavor will require more workers to service the customers. This is just my suggestion and hoping that it will help. God bless
My wife had 2 sari sari stores ,and both were very successful...but her busiest store was on the national highway.She sold very similar items to what you've shown . Also ,she sold hundreds of sachet items ,3-4 grades of rice,phone recharges ,and lots of cold drinks. She was very creative in what she sold. As she was across the street from a high school gym,she also sold small packets of frozen ice that athletes could drink...,...which she packaged herself. Her philosophy was to get customers to the window,they will buy something else. Her father was a farmer,she eventually established relationships to sell rice to restaurants by the 50 kilo bag. I had suggested to her one time that she try something novel..."Philadelphia soft pretzels" (with mustard) which is extremely popular as a quick snack in the Pennsylvania area. She could have made them herself or gotten a partnership with a local baker. She was skeptical, but after I moved her to the states...and she had two, with a coke at a local farmers market she said....yep...I could have sold a LOT of these! Not hard to make,there are recipes on the web,they must be soft and served warm and go great with a soft drink. They are kept moist and sold warm.
hmm find a lot near college and universities and build a boarding house or if you have vacant land try aquaponics.plants azolla or duckweed to feed for youre chickens and pigs.no need commercial feeds for your fish if you have azolla or duckweed..
Do a restaurant it would be a good idea on the vacant lot,with something parking, buy the lot, Mel's Mom already a chief. None in the area. Two many Sari Sari, around. Nice that you help out in the store.
hmmm restaurant is a difficult business. sari2 store is okay as long u know good accounting and honest tindera. I would suggest rental business like rooms for rent, not much hussle
Chris and Mel, I can tell you from experience, owning a sari-sari store is not that profitable. It is a lot of work and you are right, there is no time off. If you take time off, you have to close the store. Keeping it stocked is an everyday affair. Finding the correct products to stock that are fast movers is another issue. With a sari-sari store located in almost every house, building a customer base is very difficult. Having cooked food is an advantage, but it is also time consuming. We own Maly's Country Market and although we do make a minimal profit, there have been times we wonder why do it at all. But for Maly, she enjoys when people come by the store and it is like a community hang out. It keeps her busy while I am away and gives her something to do.
they also may money from selling a LOAD for the cell phone, but having rice and food does help, I have a friend in Negros has a Sari sari and is always working. She opened a childrens toy shop but not a good Idea. Selling frozen goods may have been a better idea, but brown outs can be a problem, you would need a solar unit for back up.
A decent store can make 300 pesos a day easily, even in a subdivision just selling the basics, beer - smokes - snacks and sodas, but the secret is buy a twin deep fryer and sell chicken packs and chips, pineapple and banana fritters, fish and chips etc, even a basic 300p a day is still a nice 9k a month profit, and that here in the Philippines is not to be laughed at :) peace out ...
Sari sari store is good... if you managing it well. Stock up what most people need in everyday... I make more profit in alcohol, cigarettes and sodas also on medicines... it's doing great and yeah I agree must be in a good location and be friendly to customers smile and try to do a short talking. Good luck guys.
I have a neighbor who owned a neat and huge sarisari store and it was a busy one thats why they have staff helper who take orders and bring everything to the customers but they are not allowed to touched the cash register cause, only the owners are incharge in that money matters... no wonder they become well to do family, all the kids are college graduates.
The most important thing when you move in, in the Philippines, must have your own house, little home called, for you and your wife. Then you can start a little business. But working in the Philippines is not a good option like me im a Filipino but I work abroad as an OFW, i secure my own house before, I'm settling home for good.
It's not how much money you make or save, but how much money you grow..to retire comfortably you should learn to make money grow....to grow money you should save just in case something happens to the breadwinner.
...the place may need to be in a main road but also have nice painted walls, lots of flowers at the windows, a proper roof, bamboo not plastic chairs and tables...or anything I don't see here.
We were helping her parents make the shop better until the landlord told us he was pulling down in twelve months.Filipina's aren't bothered about how things look they just want cheap.
so...a place fresh painted, with lots of flowers and a bit of design would rather scare customers which would think this place is snobbish and too expensive :-)
Sari sari store has 20% profit for every items you sell, except for cigarettes that has 40-60% profit! ex. a can food with capital of P20 and you sell it for P24 you've got P4 profit if your gross sell for a day is P3,000 means you have P600 profit x 30 days = P1,800 not bad as extra income.
Sari sari store is a huge waste of long hours and little profit, and to make matter worse you have to stock up these low profit items and don't forget the VAT charges, impossible to make a profit it's a real money drain, but maybe a mini restaurant selling Tapsilog will work.
Hi Chris I used to help my mum to her shop too one of the government office. but is not sari sari store she sales food. breakfast lunch and dinner for the employees much more hard work. I try to listen what is Mel said about the sweets did she try to winding you up? Hahaha I'm glad you both happy that's the main thing. Regards from UK 🇬🇧Its Me Tess x x
Its better to open a whole sale supermarket complete items.. if you want to get profit.. you need personal touch do not let somebody to manage. Stealing is the number worst in bussiness ..
lol... Chris you know now how to speak bikol dialect it is nice to hear your bikol accent. always talk to the local costumers in sari sari store that would be easy to learn mabalos po! maray n aldaw saindo gabos mga taga Naga and godbless po
@Lolita Carillo..Chris didn't speak Bicol, he asked the young lady: Ano pa? and the young lady responded: Wala na! And He gave her the change and said Salamat, all in Tagalog language which Mel told the young lady to speak with Chris in Tagalog instead of English.
how about hardware item. its very nice also to sell hardware items. u can start openning a shop in pront of your house or beside your house. about 15 k pesos you can start buy hardware items in the whole seller. and sell it on how you like to put enterest in each item. i know from a cost off 50 k pesos of your hardware selling items ,it will like making a profit about 15 k amonth. so means if you have 100k pesos off amount of gooods your selling ,probably it gives you 30 k pesos of profit. and no worry of expiration.
Sari Sari stores are a lot of work. we have a boarding house as well and a small restaurant. All the boarders buy from us. I cheat with the rice. most people will buy just 1k So I make all mu bags at 1k. It is faster to give to them. I am also lucky I have a school right across the street and a call center. I do have a good location but still a lot of work. I ended up renting out the sari sari store. I make a little less but have more time for me and the wife to do other things. Don't expect to get rich. There are a lot of other things you can do as well. Internet cafe is another you put them all together you can live ok. But a lot of work
If you have a store .You dont have freedom then you must have everything you sale so many people will came to you.Nice job Chris so cute regards to your cute lovely wife.Your fans from leyte :-) You need to try to open so you not get bored :-)
i have a sari sari store, sometimes my sales for the whole day is only 500 pesos, not enough in terms of profit but gives me something to do on a daily basis.
typical pilipino always only focus on store called sarisari store. thats why when everybody thinking same way, sure it will become like a mushrom like veryclosely new store is openning. i mean theres a lot of manny things u can open or sell goods.
I didn't say it because I'm quite sure my mother in law would not want me too,but that said it's how long is a piece of string meaning each day is entirely different.
do you know a Bar in Naga City run by a German Guy called Bruno. His wife is filipina. The Bar is called something like the Coal hole or the coal pit.. It is a hang out for expats. Have you been out to San Felipe to Maryville subdivision. It is near to Adrian's V2 Restobar
Most small sari sari stores are just money laundering operations that sell very little, but get consumed by family and relatives, and magically restock every month. Having the store obscures the fact that they have no visible means of support, yet always have money. They are also used to obscure where the money goes from the daughter or foreigner sending money. Money gets sent to restock the store and pay all critical bills, items get sold and money spent on some nonsense. Then when the one providing the money asked where all the stock and proceeds went, a bunch of ambiguous expenses are claimed. These sari sari stores are part of a symbiotic family relationship where the daughter wants the family to have something to keep them busy.
A Brit in the Philippines Chris Wren, I think you can see that if it was run like a legitimate business, including your store, it wouldn't work. Some factors some will use to claim the store is "profitable" are: 1. Free rent (because they own the property). The value of the rent should be listed separately, as if the sari sari store was isolated from the house and rented out to someone else to run a business. The fair rent value has to be included, the actual property is the thing earning the rental value. 2. Free or underpaid labor. In a real business you need to pay someone legal minimum wage and SSS and Philhealth. If you found a place to rent and hired someone legally to work there, you would pay a lot more money for labor. 3. One thing I'm sure you are familiar with is the occasional infusion on cash to keep the store running. It may be bundled in with other excuses such as "we eat food from the store without paying so it's ok" or "it's for expansion of the store" when in fact only a small percent of the infusion goes towards CAPEX. As you and any other expat observed, these stores selling to 5 customers can't possibly be earning, so the cash is coming from somewhere. The only local stores I see that had a chance of being profitable were basically at tricycle, jeep or bus terminals. I didn't go back and see if you already did a video explaining what it took to get the store up and running, or the monthly cash infusion to keep it running.
Phillipinies is much better than UK... UK hasn't a good health system, the food is rubbish, a lot of tax and stupid penalties, wages low in relation of life expense...
Marc Pereira I totally disagree with you. I’ve seen many people living in cemetery in the PI and getting thrown away food from restaurants and consuming them. A lot would eat once a day, rice & salt and worst of all, many would only drink dirty water and go to bed on an empty stomach. So please, do not speak nasty and say discriminatory comments about others. You started the derogatory comments, so deal with it.
sari sari store sucks you when people make credit and promise to pay on the payday but didn't show up... i watch many of your videos and i saw one time that you bought a vacant property... my suggestion is: start your own vegtables garden... you can start at the low capital and if have enough knowledge/research you can earn good too. planting veg. can never be wrong, you can sell some at your in laws store and eat healthy too.
INVOLVED .......YOU MEAN LOOSE MONEY ON THAT KINDE OF BUSINESS ?HOW MANY PHILIPINOS WORK AND OWN 100% BUSINESS OR PROPERTYS IN OWR COUNTRIES AND HOW GOOD IS FOR PHILIPPINES
CHRIS, SARI SARI VERY WHERE LOL. MAIN ROAD WITH HOT FOOD VERY GOOD BUSINESS YOU GET MOTOR TRAFFIC AND FOOT TRAFFIC. Congratulations on BABY COMING MATE
nothing further from the truth. they dont have green tea, sting, red wine, lentils, mozzarella cheese, etc. sari sari store sucks except for loading mobile phones.
If I would be you I will rather take my wife in UK...work together (whatever work) half a year and the other half stay and relax in Philippines...or wherever else (BTW...prices in most Central Eastern European EU member states are lower than today in the Philippines). UK not good enough.?..the move to another EU high income country....but rather be fast...the BIG B ("BREXIT") is coming (as 1 Jan 2019).
Hi Lucian,I am 56 years old and unable to walk into a well paid job similar to the on I gave up to live here.There is no way I would exchange what I have here for the UK nor would I subject my young wife to a mean selfish culture. The leftist are doing their best to get out of Brexit because they all want to one day be Governed by a Muslim state.I'm very happy where I am thank you.
...well you look much younger...I don't think you necessary need a good job...rather anything paying 10 GBP per hour until you save some capital. Saleing food in a noisy, dusty street is not a pleasure either. But if you are both happy...that's great...
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To get my wife into the UK I would need a job that earned £18500 a year,those kind of jobs our thin on the ground and especially at my age,that said my wife wants to stay in the Philippines.
Yes I agree, location with lots of foot traffic is one of the key factors in a fast selling / profitable sari-sari store. My top five items were San Miguel Beer, cigarettes, finger food beer food, all kinds of Soda, snacks, ice, Dance outfits (tights, leotards, ballet shoes, point shoes, etc). Yes, it was a crazy mix of items. I sold whatever was in demand, the legal ones only (of course).
During the day, my store with a canteen in the annex was catering to ballet students and their family who were there waiting for them. That school had a total of 300 +/- students and then plus their guardians. Then at late afternoon to night time, medical students (mostly studying to become an MD and or a Dentist, would come around for a drink. They came in groups. I just had a ping-pong table and dart board.
My sari-sari store was a typical one with an over extended roof and I put 6 tables with 4 chairs each. The floor was just plain hard & solid dirt w/ pebbles. Lots of plants around it. Very clean and neat, cool atmosphere and good ambience. No music system. No TV, and back then, no WI-FI. Just people chatting away. Everyone knew everybody. If anyone was looking for someone, they would usually come by my store to look for their friend. Sometimes, they will come around to converge and have a couple of beers before they head on to their main event. It was open 6 days a week, from 9am to 10 pm ... ish!!!
The only time I was not at the store was when I was at school. The only nights I was not at the store was during examination week. But that was okay, because med students were also preparing for their exams.
I was 18 y.o. when I started it. It was during a turning point in my life when I had a major falling out with my parents. I had to do what I had to survive, in the most respectable way. That store started as a 2 arms - length counter as a canteen. The counter was filled with candy jars, a medium sized ice chest for soda, rented out magazines and comics for the student's chaperones. Lots of snacks, and home made sandwiches. A long table and once bench was all I had. I was blessed to have found a fantastic all around helper and a trustworthy one. Soon enough, I was able to open a real sari-sari store just few feet away from the canteen.
While my parents put all my 6 other siblings to university, some of them double degrees and put them in private condo / apartments in far away cities. My ballet school canteen and med school & neighborhood type sari-sari store gave me the opportunity to continue Pharmacy school at a private university administrated by RVN nuns. Pharmacy at that time was a 5-year curriculum.
That store was almost everything to me. Without it, I don't know where I would be. I had it for 10 years! I left town to work in Dubai. But the store was never shut down. I am now in California working as a Pharmacist.
just looking back now at that now, my store income afforded me medical bills, prescriptions, clothing, allowance, tuition, books, out of town trips for externships that took up 2 separate summers, salary for my helper, and I was able to help at least one classmate pay her tuition fee for one midterm exam because her parents were late in sending her money.
Really anything is possible as long as we put our heart into it. I wish you all the best.
PS: just a suggestion: home cooked meals serving call centers, city hall employees, school teachers / students, hospital staff, public market, construction sites, etc. just do it as a fun project and see how it goes. Good luck and best wishes...
If you have a little bit of money, build your home simple, and on your garden build a room for rent (boarding house type) for university students. Parents who are very concerned with their children will come to you if they find your place to be safe and secure, close to the university, and offer all basic amenities at least. If you are a handyman, you can build those room rentals or hire a carpenter, a few rooms at a time. Build your own bed, cabinets and tables. There's plenty of simple business that you do in the Philippines. Your Dollar goes a long way there.
(sorry... it's very lengthy. I got carried away!)
PS: NO CREDIT, ALL CASH.
Lovely story po :)
@@bisdakdiay Hard work and diskarte po ang taglay ninyo. No wonder malayo po ang narating ninyo. Thanks for sharing. Gagayahin ko po.
good location ang meron sainyo. congrats
A good store is connected to your living room so you can do normal stuff while you don't have customers.
She's a cutie! Been married 28 years to a Filipina! 4 children, 4 grandchildren ! I'm one lucky American! Great vids, thanks for sharing!
Congratulations, a story with a happy ending.
Congratulations, you sound like a good American man :_)
i think you better pack the rice by the kilos and color coding for different prices. usedifferent color plastic bags so that when someone wants to buy rice its ready.
I'm fascinated by the concept of the sari sari store. When I went back to Bicol in 2008, I took pics of various ones because I liked how they arranged their goods in such a small space. My mom's vacation house is in the very back of her subdivision and we are fortunate there is a sari sari store next door to us. One, it's good when you need something in a pinch like cooking oil or cooking mix. Otherwise, my mom would have to pay a pedicab to take her to the entrance of subdivision where the small grocery store was. There are some pros and cons to sari sari stores but I don't think they are bad as far as earning extra money.
We don't have much foot traffic as we are on a side street, but my wife wants to open one and she feels that it will be good for the two of us because we are older and retired, and it will give us something to do. We also run a boarding house where most of our Sari Sari store business is from the tenants, and they love the idea of buying from us without ever having to leave the safety of the property.
I understand David, all I would add is a Sari Sari store is 24/7 work with little reward and if you want to go anywhere then you most likely have to close the store.
We wish you both the best of luck, God bless.
depends on the place actually, a sari sari-store can generate 1000-2500 pesos a day if you're in the right spot, in our place it's not in the main road but it generates around 5000pesos a day, a pig farm with 30 pigs can generate an average of 25-35k pesos a month
Big investment on land, buildings and the pigs to start, and an ROI of about 35% annual is not that much.... but can survive without any major problems.
A good location is important, the area from where you put it needs to be a busy area
Can I make a suggestion, here in Nueva Ecija province, I noticed that lots of people love to buy freshly fried chicken. This way they can buy hot and ready to eat on the go, or bring it home for their dinner. Once you get at it, people will come, not only for the chicken, but also cold drinks. Eatery is good, but you have to provide a large area for customers to sit and eat. This endeavor will require more workers to service the customers. This is just my suggestion and hoping that it will help. God bless
My wife had 2 sari sari stores ,and both were very successful...but her busiest store was on the national highway.She sold very similar items to what you've shown . Also ,she sold hundreds of sachet items ,3-4 grades of rice,phone recharges ,and lots of cold drinks. She was very creative in what she sold. As she was across the street from a high school gym,she also sold small packets of frozen ice that athletes could drink...,...which she packaged herself. Her philosophy was to get customers to the window,they will buy something else. Her father was a farmer,she eventually established relationships to sell rice to restaurants by the 50 kilo bag. I had suggested to her one time that she try something novel..."Philadelphia soft pretzels" (with mustard) which is extremely popular as a quick snack in the Pennsylvania area. She could have made them herself or gotten a partnership with a local baker. She was skeptical, but after I moved her to the states...and she had two, with a coke at a local farmers market she said....yep...I could have sold a LOT of these! Not hard to make,there are recipes on the web,they must be soft and served warm and go great with a soft drink. They are kept moist and sold warm.
It's very hard work,I can say with all honesty that it will not be a road we will go down.
I’think Sari2 store is a very good idea 💯
hmm find a lot near college and universities and build a boarding house or if you have vacant land try aquaponics.plants azolla or duckweed to feed for youre chickens and pigs.no need commercial feeds for your fish if you have azolla or duckweed..
Great info thank you.
Do a restaurant it would be a good idea on the vacant lot,with something parking, buy the lot, Mel's Mom already a chief. None in the area. Two many Sari Sari, around. Nice that you help out in the store.
@ MrDjluvs Work the mom like a dog even more? Better to buy a Jollibee/KFC/Yellow cab franchise in the surrounding area. The best way to go!
well from what i understood mel mom has a full plate in terms of keeping her store a success with her cooking
Trust me if we had the money I would.
Trust me if we had the money I would.
hmmm restaurant is a difficult business. sari2 store is okay as long u know good accounting and honest tindera. I would suggest rental business like rooms for rent, not much hussle
Chris and Mel,
I can tell you from experience, owning a sari-sari store is not that profitable. It is a lot of work and you are right, there is no time off. If you take time off, you have to close the store. Keeping it stocked is an everyday affair. Finding the correct products to stock that are fast movers is another issue. With a sari-sari store located in almost every house, building a customer base is very difficult. Having cooked food is an advantage, but it is also time consuming. We own Maly's Country Market and although we do make a minimal profit, there have been times we wonder why do it at all. But for Maly, she enjoys when people come by the store and it is like a community hang out. It keeps her busy while I am away and gives her something to do.
they also may money from selling a LOAD for the cell phone, but having rice and food does help, I have a friend in Negros has a Sari sari and is always working. She opened a childrens toy shop but not a good Idea. Selling frozen goods may have been a better idea, but brown outs can be a problem, you would need a solar unit for back up.
Hi Noel,I would never recommend a sari sari store,too much work for small income and of course it's 24/7
That was pretty good getting the weight of the rice correct with just a couple of adjustments.
good insight. It is actually surprising how many business in all countries need a high turnover to survive. thanks Chris
Hi John it has to be very high in the Philippines.
A decent store can make 300 pesos a day easily, even in a subdivision just selling the basics, beer - smokes - snacks and sodas, but the secret is buy a twin deep fryer and sell chicken packs and chips, pineapple and banana fritters, fish and chips etc, even a basic 300p a day is still a nice 9k a month profit, and that here in the Philippines is not to be laughed at :) peace out ...
Big ups from Brooklyn, NYC. I just started watching your videos man very good, thanks for information and you have a new subscriber.
You sound so calm and relaxed.
Thats a well set up store ,lots of stock ,, we've been considering it but we're limited by location .
nice setup though chris for the store.looks like got the most for the money,organized,and on a good road for most.peace
Good job Chris on speaking Tagalog and selling stuff. 👍🏼
Thank you very much.
Yes sari sari stores everywhere in the Philippines..
Sari sari store is good... if you managing it well. Stock up what most people need in everyday... I make more profit in alcohol, cigarettes and sodas also on medicines... it's doing great and yeah I agree must be in a good location and be friendly to customers smile and try to do a short talking. Good luck guys.
It's a good business. May I ask why you don't have ads ?
I have a neighbor who owned a neat and huge sarisari store and it was a busy one thats why they have staff helper who take orders and bring everything to the customers but they are not allowed to touched the cash register cause, only the owners are incharge in that money matters... no wonder they become well to do family, all the kids are college graduates.
It all depends on how big the store is, if you are buying wholesale and of course the position.
Chris it's a lot of work for not much money , and if you have to rent the place they are better ways to make a living, thanks for sharing.
Very much agree Derek.
The most important thing when you move in, in the Philippines, must have your own house, little home called, for you and your wife. Then you can start a little business. But working in the Philippines is not a good option like me im a Filipino but I work abroad as an OFW, i secure my own house before, I'm settling home for good.
Hi,thanks for your comment and support.
walang anoman po! :) since morning watching your blogs until now 10:40pm
Wow! thank you.
Sounds like maximum work for minimum pay. 😕
Correct,it's too much time for little reward.
It's not how much money you make or save, but how much money you grow..to retire comfortably you should learn to make money grow....to grow money you should save just in case something happens to the breadwinner.
...the place may need to be in a main road but also have nice painted walls, lots of flowers at the windows, a proper roof, bamboo not plastic chairs and tables...or anything I don't see here.
We were helping her parents make the shop better until the landlord told us he was pulling down in twelve months.Filipina's aren't bothered about how things look they just want cheap.
so...a place fresh painted, with lots of flowers and a bit of design would rather scare customers which would think this place is snobbish and too expensive :-)
That's about right.
Sari sari store has 20% profit for every items you sell, except for cigarettes that has 40-60% profit!
ex. a can food with capital of P20 and you sell it for P24 you've got P4 profit
if your gross sell for a day is P3,000 means you have P600 profit x 30 days = P1,800 not bad as extra income.
hell do yo really think ,i mean now really think they would sell 750 pieces/stuff of items each day ?
750 pieces * P4 = P3000
You mean 18,000 a month right :) 600 x 30 = 18,000
He means 3k a day = 600 profit per day, not 3000 pesos profit a day :)
Eg items at 24p into 3,000 = 125 items per day, very doable ..
I think variety store is good for old folks to have as a hobby for them not to get bored at home...but there is more tomit than that☺
Stores of any nature are a waste of time.
Hi brit in phillipen great video my friend
Sari sari store is a huge waste of long hours and little profit, and to make matter worse you have to stock up these low profit items and don't forget the VAT charges, impossible to make a profit it's a real money drain, but maybe a mini restaurant selling Tapsilog will work.
I very much agree.
Hi Chris I used to help my mum to her shop too one of the government office. but is not sari sari store she sales food. breakfast lunch and dinner for the employees much more hard work. I try to listen what is Mel said about the sweets did she try to winding you up? Hahaha I'm glad you both happy that's the main thing. Regards from UK 🇬🇧Its Me Tess x x
She mentioned how I keep stealing my favorite sweets.
I made up a ridiculously silly song on the building of our sari-sari store Video hahaha It is in the first of the three-part build.
Good luck and have a great Christmas.
Its better to open a whole sale supermarket complete items.. if you want to get profit.. you need personal touch do not let somebody to manage. Stealing is the number worst in bussiness
..
thanks for the good vid. how does street food sell? is it the same low profites?
Street food has slightly more profit.
she was correct,my ex-wifes family's sai-sari sold mostly...alcohol.candy,smokes,laundry stuff,and soft drinks.peace
Aw you guys are awesome!...new subscriber here...😉 Enjoy your sari2× store!
How much does it cost to run a store in the philippines
lol... Chris you know now how to speak bikol dialect it is nice to hear your bikol accent. always talk to the local costumers in sari sari store that would be easy to learn
mabalos po! maray n aldaw saindo gabos mga taga Naga and godbless po
@Lolita Carillo..Chris didn't speak Bicol, he asked the young lady: Ano pa? and the young lady responded: Wala na! And He gave her the change and said Salamat, all in Tagalog language which Mel told the young lady to speak with Chris in Tagalog instead of English.
Mate just sell manok , chilled drinks, chicken soup .. that's what we do in masbate island, mobo
Thanks Jason and it is a good idea,however there is a guy that sells chicken in the evening and Mel doesn't want to be in competition with her mum.
My care taker will pick u up from the air port or masbate port. I'm from down under , Brisbane AUSTRALIA.
hey mate its scotg from australia im married to a filipina mate your wife looks like a very nice person you keep her mate
She definitely has her moments.
how about hardware item. its very nice also to sell hardware items. u can start openning a shop in pront of your house or beside your house. about 15 k pesos you can start buy hardware items in the whole seller. and sell it on how you like to put enterest in each item. i know from a cost off 50 k pesos of your hardware selling items ,it will like making a profit about 15 k amonth. so means if you have 100k pesos off amount of gooods your selling ,probably it gives you 30 k pesos of profit. and no worry of expiration.
Anything we can do a Filipino can do better.
Very interesting and informative - surprised the margins are so small
Thank you.
Sari Sari stores are a lot of work. we have a boarding house as well and a small restaurant. All the boarders buy from us. I cheat with the rice. most people will buy just 1k So I make all mu bags at 1k. It is faster to give to them. I am also lucky I have a school right across the street and a call center. I do have a good location but still a lot of work. I ended up renting out the sari sari store. I make a little less but have more time for me and the wife to do other things. Don't expect to get rich. There are a lot of other things you can do as well. Internet cafe is another you put them all together you can live ok. But a lot of work
If you have a store .You dont have freedom then you must have everything you sale so many people will came to you.Nice job Chris so cute regards to your cute lovely wife.Your fans from leyte :-) You need to try to open so you not get bored :-)
Ha ha,we are never bored always something to do.We have thought about a store,but we don't feel it's practical.Thank for your support.
i have a sari sari store, sometimes my sales for the whole day is only 500 pesos, not enough in terms of profit but gives me something to do on a daily basis.
It's very hard work Mark,you have my upmost respect.
I helped get my gf set up in a sari sari store and to this day I still have to supplement her income because there is not enough profit.
I am not surprised.
yes. they dont make that much..
what does sari sari store earn in a day..net?
How you say is not a money for sari2 store? Sari2 store is a good help i know it 💯
Hi Helen,yes your right it's a help only not a sustainable income.
typical pilipino always only focus on store called sarisari store. thats why when everybody thinking same way, sure it will become like a mushrom like veryclosely new store is openning. i mean theres a lot of manny things u can open or sell goods.
What does sari sari mean translated into English?
I have to say I have no idea, let me get back to you.
A Brit in the Philippines thank you!😀
saan lugar yan sa naga city??
Ok cheers mate , if u ever come to masbate island ur welcome to my place and cook up some tucka .
Where is this area, Brit?
Naga City Bicol.
Thank you...very nice!
only thing you didnt say (or i might have missed it ) how much the stores earn like every day in total ?
I didn't say it because I'm quite sure my mother in law would not want me too,but that said it's how long is a piece of string meaning each day is entirely different.
lol at least you gave it a go mate at the end
10 yards, not meters?
Greetings from South Africa
A sari-sari store is there to occupy your time. It isn't a solid investment and not a great return.
You will get no argument from me.
put a cctv inside to see everything even a home
Great video. Super informative
Thanks Ron.
Thanks very much.
Do you know an Englishman who lives in Maryville in San Felipe near Naga city. His name is Steve Bradbury
Name doesn't ring any bells.
do you know a Bar in Naga City run by a German Guy called Bruno. His wife is filipina. The Bar is called something like the Coal hole or the coal pit.. It is a hang out for expats. Have you been out to San Felipe to Maryville subdivision. It is near to Adrian's V2 Restobar
No seen it Kevin,but will look out for it.
Most small sari sari stores are just money laundering operations that sell very little, but get consumed by family and relatives, and magically restock every month. Having the store obscures the fact that they have no visible means of support, yet always have money.
They are also used to obscure where the money goes from the daughter or foreigner sending money. Money gets sent to restock the store and pay all critical bills, items get sold and money spent on some nonsense. Then when the one providing the money asked where all the stock and proceeds went, a bunch of ambiguous expenses are claimed.
These sari sari stores are part of a symbiotic family relationship where the daughter wants the family to have something to keep them busy.
I can't comment I have no experience of that.
A Brit in the Philippines Chris Wren, I think you can see that if it was run like a legitimate business, including your store, it wouldn't work.
Some factors some will use to claim the store is "profitable" are:
1. Free rent (because they own the property). The value of the rent should be listed separately, as if the sari sari store was isolated from the house and rented out to someone else to run a business. The fair rent value has to be included, the actual property is the thing earning the rental value.
2. Free or underpaid labor. In a real business you need to pay someone legal minimum wage and SSS and Philhealth. If you found a place to rent and hired someone legally to work there, you would pay a lot more money for labor.
3. One thing I'm sure you are familiar with is the occasional infusion on cash to keep the store running. It may be bundled in with other excuses such as "we eat food from the store without paying so it's ok" or "it's for expansion of the store" when in fact only a small percent of the infusion goes towards CAPEX.
As you and any other expat observed, these stores selling to 5 customers can't possibly be earning, so the cash is coming from somewhere.
The only local stores I see that had a chance of being profitable were basically at tricycle, jeep or bus terminals.
I didn't go back and see if you already did a video explaining what it took to get the store up and running, or the monthly cash infusion to keep it running.
Funny place 🤣 sari sari everyone has one
Phillipinies is much better than UK... UK hasn't a good health system, the food is rubbish, a lot of tax and stupid penalties, wages low in relation of life expense...
Marc Pereira I totally disagree with you. I’ve seen many people living in cemetery in the PI and getting thrown away food from restaurants and consuming them. A lot would eat once a day, rice & salt and worst of all, many would only drink dirty water and go to bed on an empty stomach. So please, do not speak nasty and say discriminatory comments about others. You started the derogatory comments, so deal with it.
bicol sila marinig ko si nanay nagsalita he he he bikol man ako
Here's some good advice don't waste your hard earned money on sari sari shops or restos
ur partner is busy now tending her sari sari store so food for the family will be available daily from the sari sari store earning
sari sari store sucks you when people make credit and promise to pay on the payday but didn't show up... i watch many of your videos and i saw one time that you bought a vacant property... my suggestion is: start your own vegtables garden... you can start at the low capital and if have enough knowledge/research you can earn good too. planting veg. can never be wrong, you can sell some at your in laws store and eat healthy too.
We would not advise it your right.
Good subject
Thank you.
is this Yorkshire accent iam hearing
No North East.
oh well thanks a lot for replying god bless
Why go to the Philippines and work there or get involved on this kind of business ....let this business for the local people's ...
Hi Rosario, that business is nothing to do with me,I am retired,the business is my wife's mum's.
INVOLVED .......YOU MEAN LOOSE MONEY ON THAT KINDE OF BUSINESS ?HOW MANY PHILIPINOS WORK AND OWN 100% BUSINESS OR PROPERTYS IN OWR COUNTRIES AND HOW GOOD IS FOR PHILIPPINES
Good video
CHRIS, SARI SARI VERY WHERE LOL. MAIN ROAD WITH HOT FOOD VERY GOOD BUSINESS YOU GET MOTOR TRAFFIC AND FOOT TRAFFIC. Congratulations on BABY COMING MATE
Not for us because it's 24/7
good idea
Hi sir good evening po
Hello 😊
with all due respect, the far majority of the content in sari sari stores are toxic junk.
nothing further from the truth. they dont have green tea, sting, red wine, lentils, mozzarella cheese, etc. sari sari store sucks except for loading mobile phones.
she must roll her money daily to make more profit
fast food restaurant/take away franchise if you have the capital, never ending supply of customers for fast food in the Philippines
why do u choose to live in the phils. knowing that work here is hard to find. is that ur choice?or u dnt have choice?are u happy here?
I chose the Philippines because it was one of three Countries I researched for nearly a year where I could survive on my income.
+A Brit in the Philippines Chris Wren thank u for answering.. congrats to ur coming baby.wish u all the best
Chris you should smile more to the customers.You seem upset .
Noted thank you.
New subscriber here😊😊
Thanks very much for your support.
Your welcome
If I would be you I will rather take my wife in UK...work together (whatever work) half a year and the other half stay and relax in Philippines...or wherever else (BTW...prices in most Central Eastern European EU member states are lower than today in the Philippines). UK not good enough.?..the move to another EU high income country....but rather be fast...the BIG B ("BREXIT") is coming (as 1 Jan 2019).
Hi Lucian,I am 56 years old and unable to walk into a well paid job similar to the on I gave up to live here.There is no way I would exchange what I have here for the UK nor would I subject my young wife to a mean selfish culture.
The leftist are doing their best to get out of Brexit because they all want to one day be Governed by a Muslim state.I'm very happy where I am thank you.
...well you look much younger...I don't think you necessary need a good job...rather anything paying 10 GBP per hour until you save some capital. Saleing food in a noisy, dusty street is not a pleasure either. But if you are both happy...that's great...
That is my wife's mums business I live off my rent in the UK and a little off youtube.
Good..^^
Pabili po! Magkano po ang Gwapong Tindero? ha ha ha ha...
Bless ya cottons...
nightmare in progress sorry mate
Don't open a store mate it's a bad choice
I agree.
May naninigil araw araw.. Mangutang ka ng pera pra puhunan Yang lalake maningil Yan araw araw.
Investing in crypto currency is the best investment anyone can do This season because it has made a lot of people millionaires. I pray that anyone who reads this will be successful in life
Take your wife and go back home so your wife will have a good future
To get my wife into the UK I would need a job that earned £18500 a year,those kind of jobs our thin on the ground and especially at my age,that said my wife wants to stay in the Philippines.
@@ABritinthPhilippines why on earth would anyone want to go back to the UK? Mega expensive, shit Weather, everyone miserable... I could go on and on