Sellecting a business.?

[Raju]

Facts
1)Area:Residential Cum Tourist area at Goa
2)Shop Tittle: Owned
3)Shop location: Shop attached to house on main road with parking facilities
4)Shop Size: 12 Sq Mtr Carpet area.
5)Budget: 1 Lakh
6)Thinking for such type of business:Which can be menage by my father & mom alone without any staff (age 62 years). Where items involved should be in pack goods without involved water component & should not be in perishable in nature.
7)Business just thinking but not decided: purchased Xerox machine with some basic stationery items to sell and cold drink.
8)Scope: Tourism / tourist related businesses
9)Presently there are no shops in that:
a)Village are: Hardware, Stationery, Dry fruits, Juice centre, cybercafé, two or four wheeler spare parts.
b)Surrounding area are: Hardware, Stationery, Dry fruits, Juice centre, cybercafé, Xerox, spare parts,
Query:
Base on the data I will be thankful for your guidance in selecting the best business with Good net Profit margin. With your best personal advice. Please help me out.

[challenge_me]

A shop selling mobile recharges. And later if the business picks up momentum, you could also keep mobile phones. (depending on your budget).

[priyanka]

Hello Sir,

I suggest you to start a clothing store.In this you can sell traditional wears of Goa this would be more profitable for you if the area you have selected is full of tourist. This is best business of all time more you can also sell the fashion accessories to increase your margin of profit. If you are good in marketing then it will be easy for you to setup a new business but think about this make your shop as brand not as just normal retailer. Keep you products different from others and you know people always love different things. You can also promote your business by keeping banners or your business in different markets this is the best business tools now a day people use.i Have found a link for you where you can check more info about the banners