What is the average revenue of a grocery store?

Revenue. The average grocery store is a large supermarket. It averages about 45,000 square feet and brings in about $14 million a year, which comes out to about $500 per square foot of sales industry-wide. The industry as a whole earns about $400 billion yearly.

How many square feet is a Publix supermarket?

West said the average Publix store is about 45,000 square feet, and the chain’s current smallest location is 27,000 square feet.

How many square feet are Aldi stores?

16,400 square feet
Modest size– stores are typically 16,400 square feet, with approximately 10,000 square feet of sales floor.

What is a good profit margin for grocery?

Conventional grocery stores have a profit margin of about 2.2%, making them one of the least profitable industries in the US. But they make their money by selling in large volume & multiple locations. However, stores in natural, organic, and gourmet niches tend to see bottom-line profit margins of closer to 5-10%.

Where is the largest Publix store?

Florida has the most Publix stores. But the largest concentration of stores is in Florida—the Sunshine State has 808 Publix stores. Virginia has the fewest with just 15 stores.

What was the sales for Publix in 2019?

LAKELAND, Fla., March 2, 2020 — Publix’s sales for the three months ended Dec. 28, 2019 were $9.8 billion, a 5.1% increase from $9.3 billion in 2018. Comparable store sales for the three months ended Dec. 28, 2019 increased 3.6%.

What’s the average sales per square foot in a store?

While you won’t necessarily find their average sales per square foot detailed in the report, it may give enough clues to reach an estimate. For example, if Hudson Shoes reports it had $250,000 in sales last year and the store is around 8,000 square feet then you can roughly estimate the sales per square feet to be about $31. 4. U.S. Census Bureau

How big is the average Walmart Supercenter?

These stores average more than 170,000 square feet and typically devote as much as 40% of the space to grocery items, e.g., Walmart Supercenters, Super Target, Meijer, and The Kroger Marketplace stores.

How much does it cost to build a supermarket?

Costs are derived from a building model that assumes basic components, using union labor for a 44000 square foot building. Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs to build a supermarket in a specific city or metropolitan area, go to our index of supermarket models by state .