Is a Water Store Profitable?

Is a water store profitable?
Water stores are part of the fast-growing water business worldwide and they are the lowest cost method to sell purified drinking water. Water Stores are a business with very low startup costs for anyone that wants to get into the water business. It is a very simple business to run and can easily be profitable.
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For humans, access to water is a basic requirement. Water stores or refilling stations have grown in popularity as a business endeavor in several nations due to the rising demand for clean and safe drinking water. But can a water store make money? Let’s look more closely.

A water store’s profitability is influenced by a number of variables. The location is one of the most important variables. A water store ought to be situated where there is a significant need for safe and healthy drinking water. The price of starting the firm should also be taken into consideration. The cost of the necessary tools, licenses, and permits is included in the original investment.

Aquabest is one of the most well-known water refilling franchises in the Philippines. The Aquabest franchise fee ranges from 800,000 to 1,200,000 Philippine Pesos. The use of the Aquabest brand, training, support, and equipment are all included in the franchise package. Additionally, the franchisee must have a minimum of 30 square meters for the store.

What licenses are required for a water refilling station in this regard? In the Philippines, water refilling stations must adhere to the rules established by the Local Government Unit (LGU) and the Department of Health (DOH). Water refilling stations are required by the DOH to have a Water Safety Plan (WSP) and to have regular water testing done. The sanitary permit and business permission are issued by the LGU.

The water industry includes activities like water refilling. In many nations, the water industry is expanding. Global Water Intelligence reported that the yearly value of the world’s water sector is expected to be $700 billion. This covers managing, distributing, and treating water.

So how can you become successful in the pure water industry? In addition to being in a decent location and meeting the regulations, it’s critical to offer exceptional customer service and reasonable costs. Sales can also be increased by marketing techniques like social media advertising and joint ventures with other companies.

In conclusion, a water store can be successful if run properly. Although the initial cost may be significant, there is a growing need for clean, safe drinking water. A water refilling station can be a profitable business by adhering to the rules, offering top-notch customer service, and being in a prime position.

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