Flower and gift shop project

Study request

Mashroo3k Economic Consulting Company offers a feasibility study for a gift shop and party supplies project in Saudi Arabia, with the highest return on investment and the best payback period, through a set of accurate studies of the size of the Saudi market, an analysis of the strategies of local and foreign competitors, and the ability to provide competitive price offers.

Capital

rate of return

Recovery period Second year

Flower and gift shop project description

Flower and gift shop project description

Flowers and gifts are widely popular products. Mashroo3k Economic Consulting Company directs investors who wish to invest in Saudi Arabia to invest in a flower and gift shop based on accurate studies from Mashroo3k Company and updated databases on the supply and demand rate of gift and party supplies in the Saudi market.

Mashroo3k Economic Consulting Company directs investors who wish to invest in a flower and gift shop project in Saudi Arabia, or develop their existing projects, to seek the opinions of specialized consultants through Mashroo3k Company, to help them determine the best ways and methods to develop the shop’s services and increase its competitive advantages.

Flower and gift shop services

Flower and gift shop services

  • Flower arrangement.
  • Selling gifts.
Why mashroo3k?

Why mashroo3k?

  • Mashroo3k has over 10 years of experience in preparing feasibility studies, conducting market research, and providing comprehensive consulting services.
  • Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
    Having delivered over 7,000 feasibility studies, Mashroo3k has helped thousands of clients achieve their investment goals.
  • Mashroo3k’s services are accredited and trusted by all financial institutions and funding entities across the Middle East.
  • The company’s geographic reach spans 35 countries across all continents.
  • Mashroo3k holds membership in over 100 prestigious international organizations specializing in market research and business management.
  • Its team consists of 350 consultants with deep expertise in promising economic sectors, ensuring tailored solutions and strategies that meet clients’ needs.
  • Mashroo3k is partnered with more than 10,200 suppliers across 22 countries, providing logistical support for projects, including production lines, raw materials, machinery, and equipment.
  • With an extensive database, Mashroo3k enhances the accuracy of its forecasts and analyses, strengthening its risk management capabilities.
  • Project Features
  • Study Contents
  • Sector Indicator
  • The project as an investment opportunity
مؤشرات القطاع
  • The variety of services provided by the shop (flower arrangement – selling gifts – selling dates)
  • The gifts are very special and exclusive to the store.
  • The shop decorations will be very distinctive.
  • The store has sections dedicated to gifts for children, women, men, accessories, and perfumes for both genders.
  • The store’s prices are very special compared to others.
  • There are special products that are not available in gift shops, which are dates.
  • Packaging services at the highest level of professionalism and efficiency and in distinctive shapes

Executive Summary

  • About the project
  • Financial Indicators
  • Rationale for the project
  • Government investment incentives in the project field
  • Target Markets
  • Project indicators and final results

Study of project services/products

  • Project description and all its products/services.
  • Project advantages and production requirements.

Market size study.

  • Understanding distribution channels.
  • Consumer behavior, preferences, and tendencies.
  • Competitors’ products or services, along with their strengths and weaknesses.
  • Market nature and its characteristics.
  • The demand size for the offered product or service.
  • The available share of the target market.
  • The optimal marketing strategy.

Risk assessment study.

  • Risk identification.
  • The impact of risks on the project.
  • Risk prevention methods.

Technical study

  • A detailed description of the project’s products, expected production capacity, and determination of investment costs.
  • Determining the required electricity and water capacity.
  • Determining the project’s labor requirements.
  • Determining the project’s requirements.
  • Calculating construction and building costs.
  • Calculating the total capital
  • Determining the annual operating costs.
  • Determining the amount of working capital.

Financial study.

  • Total investment costs required for the project.
  • Organizing cash flow statements, income statements, and the balance sheet for the first ten years of operation.
  • Determine the expected annual revenues of the project in light of the specified operational capacities
  • The optimal financing structure for the project in light of investors’ capabilities and financing conditions.
  • The project’s financial indicators and sensitivity analysis.

Organizational and administrative study.

  • Project workforce.
  • Organizational structure.
  • Job responsibilities.
المشروع كفرصة استثمارية
  • According to the theory of macroeconomics of sectors, the economy is divided into three main and large sectors: The first sector involves the collection of raw materials and includes mining companies, timber companies, oil exploration companies, as well as agricultural industries and fishing. As for the second sector, it is the sector that relies on goods and their sale.
    Like this: (The automobile industry, furniture, clothing trade, etc.). The third sector, known as the “services” sector, is responsible for providing and producing services that are fundamentally intangible. This sector includes various industries such as transportation, healthcare, education, finance, tourism, hospitality, and more, focusing on delivering services rather than physical goods.

    Like this: Entertainment, healthcare, transportation, hospitality, restaurants, and more are part of the services sector. This theory suggests that as countries advance, their economies are increasingly based on the third sector, in contrast to developing or less advanced countries that largely depend on the first sector (for example, in the United States, the services sector makes up 85% of the economy). The shift towards a service-based economy reflects the increasing demand for intangible services as societies modernize and diversify.

    Kingdom of Saudi Arabia:

    The service sector is considered a large sector when we closely examine its activities. It includes: wholesale and retail trade, restaurants and hotels, transportation, storage, information and communications, financial services, insurance, real estate, business services, community, social, and personal services, and finally, government services. Below, we will present the key indicators of the sector in Saudi Arabia.

    • The services sector contributes approximately 48.2% to Saudi Arabia’s GDP. This significant share highlights the growing importance of services such as healthcare, education, transportation, tourism, and more in the country’s economy.

    • The activity of “wholesale and retail trade, restaurants, and hotels” contributes approximately 10.8% to the GDP.

    • The activity of “transportation, storage, information, and communications” contributes approximately 6.6% to the GDP.

    • The activity of “financial services, insurance, real estate, and business services” contributes 6.4% to the GDP.
    • The contribution of “Collective, Social, and Personal Services” activity to the GDP was 2.5%.
    • The activity of “government services” contributes 21.9% to the GDP.

    The State of Qatar:

    • The value of wholesale and retail trade activity in Qatar is estimated at approximately 50,083 million Qatari riyals.

    • The number of establishments operating in wholesale and retail trade reaches 11,139, with 213,954 employees working in these establishments.
    • The compensation for employees in the wholesale and retail trade activity has reached 11,288,877 thousand Qatari riyals.
    • The number of establishments operating in the hotel and restaurant sector reaches 2,396, with 78,194 employees working in these establishments.

    • The compensation for employees in the hotel and restaurant sector has reached 2,947,431 thousand Qatari riyals.
    • The number of mobile phone subscribers in Qatar (regular subscription) is 976,015 individuals.
    • The number of mobile phone subscribers (prepaid services) in Qatar is 2,941,556 individuals.
    • The length of roads paved in the previous year in Qatar reached 2,224 kilometers.
    • The number of driving licenses issued in the previous year was 242,923 licenses.
    • The compensation of employees in the transportation and communications sector is 24,338,223 thousand Qatari riyals.
    • The number of insurance policies issued in Qatar during the past year was 715,897 policies.
    • The number of establishments operating in “Business Services” activities is 4,973 establishments.
    • The number of workers in “Business Services” activities is 215,285 employees.
    • The compensation for workers in “Business Services” activities exceeds 15,347,819 thousand Qatari Riyals.
    • The number of workers in “Social and Personal Services” activities in the private sector reaches 80,569 employees.
    • The compensation for employees in the “social and personal services” activities in the private sector is estimated at approximately 6,127,645 thousand Qatari riyals.

    State of Kuwait:

    • Wholesale and retail trade contributes approximately 1,644.3 million Kuwaiti dinars to the country’s GDP.
    • Restaurants and hotel activities contribute approximately 418.6 million Kuwaiti dinars to the GDP of Kuwait.

    • Transportation, storage, and communication activities contribute approximately 2,554.5 million Kuwaiti dinars to the GDP.
    • The paved road lengths in Kuwait are 91,340,068 square meters.

    United Arab Emirates:

    • Wholesale and retail trade, along with the repair of motor vehicles and motorcycles, contributes 12.3% to the GDP, amounting to 172,288 million AED.

    • The transportation and storage activity contributes 5.9% to the GDP, amounting to 82,461 million AED.
    • Activities related to accommodation and food services contribute 2.3% (32,357 million dirhams) to the GDP.
    • The information and communication sector contributes 2.9% (41,347 million dirhams) to the GDP.
    • The contribution of insurance activities to the GDP is estimated at 9.6% (134,773 million dirhams).
    • The number of insurance policies issued by the end of the last year was 7,584,607 policies.
    • The wholesale and retail trade sector accounts for 13% of the total workforce in the United Arab Emirates.
    • The transportation and storage sector accounts for 6.2% of the total workforce in the country.
    • Approximately 5% of the total workforce is employed in accommodation and food services activities.

    Sultanate of Oman:

    • The Gross Domestic Product (GDP) of the Sultanate is 29.3 billion Omani Rials.
    • Wholesale and retail trade contributes 7% to the GDP, amounting to 2,064.7 million Omani Rials.
    • Restaurants and hotels contribute 1.1% to the GDP, amounting to 308.6 million Omani Rials.
    • Transportation, storage, and communications activities contribute approximately 5.9% to the GDP, amounting to 1,721.2 million Omani Rials.
مؤشرات المشروع

Kingdom of Saudi Arabia:

  • According to the latest statistics, Saudi Arabia issued 100,944 new business licenses in the previous year, bringing the total number of commercial activity licenses issued to 348,173. It is noted that wholesale and retail trade, along with the repair of motor vehicles and motorcycles, accounted for the largest share of new licenses, with 48,242 licenses. The second-largest activity was accommodation and food services with 16,531 licenses, followed by construction activities in third place with 11,521 licenses.

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Keywords: :

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