How to Start Pure Water Business in Nigeria (FAQs AND ANSWERS)
Pure Water Business in Nigeria – Over the months, some of my subscribers have sent me emails in respect to pure water production in Nigeria. They want to know the intricacies about starting pure water business in Nigeria. Some of their questions are;
- How profitable is pure water business in Nigeria?
- How to start pure water production business in Nigeria?
- How do I become a pure water business distributor in Nigeria?
- What is the NAFDAC requirement for pure water business in Nigeria?
- How much is required to start pure water business in Nigeria?
- Can I have a business plan for pure water business in Nigeria?
- What are the problems facing pure water business in Nigeria?
- Can I have a feasibility study on pure water business in Nigeria?
In this post am going to answer all your questions and point you in the right direction towards starting your own pure water business in Nigeria. Let’s go there!
How profitable is pure water business in Nigeria?
For one, water is a product that nobody can do without. It’s not a product that has an alternative choice. Nothing quenches thirst like water. You cannot drink fruit juice, soft drinks, beer all day. You must at some point get thirsty enough to want to drink just water even when your tommy is full of other liquids. Everybody needs water every single day!
Another reason pure water business is lucrative is that when you are done setting up your factory and you are up and running, you can sell a bag of pure water of 20 sachets at N150. Imagine when you produce and sell 500 bags a day. That’s N75, 000. 00 a day, approximately N500, 000. 00 a week and 2 Million Naira a month.
How to start pure water production business in Nigeria?
To start a pure water business in Nigeria, you will need to consider the following factors:
- Land & building
- The raw material (Water – Borehole)
Read our article here to get a full picture: How to Start a Pure Water Business in Nigeria
How do I become a pure water business distributor in Nigeria?
To become a distributor for pure water businesses in Nigeria, you will need to do the following:
Research popular pure water companies around your locality. Look around and you will notice that there are more popularly drank pure water products around you. Buy a few of them and drink to note why they are popular. Look at the sachet and you will see the contact details of the company.
Research shops around your area and find out how often they run out of pure water and how soon distributors come to replenish they stock. If there are complaints with the time it takes for them to stock up, then you can bridge that gap. Do this in different areas around your locality.
Visit your choice pure water factory and let them know that you want to be their distributor. Negotiate for a reduced rate. They can decrease the price to N80 – N100 per bag. So if you buy 200 bags from them and sell to retailers at N150, you will be making a profit N50 – N70 on each bag. You can also hire people to be hawking the products on the streets and you can sell to direct consumers at N200.
You MUST have a truck for distributing the products. Do not hire a vehicle as all your profit will go into paying for the lease on the truck.
What is the NAFDAC requirement for pure water business in Nigeria?
To get NAFDAC requirement and approval for your pure water business, go to any of their offices and inquire. To get a list of NAFDAC offices in Nigeria click here
How much is required to start pure water business in Nigeria?
To start a pure water business in Nigeria requires you have a capital of 5 Million to 15 Million Naira depending on your location and equipment you want.
Can I have a business plan for pure water business in Nigeria?
Yes you can get a business plan for water business and feasibility study in Nigeria, just call us on +2347033378184, let’s talk. Our pure water business plan can be used to process bank loans, grants and business competitions in Nigeria
What are the problems facing pure water business in Nigeria?
The basic challenge facing pure water businesses in Nigeria is maintenance! If you are able to have you equipment, vehicles serviced periodically then you would have reduced downtime in your pure water factory by 95%
Can I have a feasibility study on pure water business in Nigeria?
Yes you can! We can actually run a feasibility study for your preferred location or we can give you guidelines on how to perform a feasibility study yourself. Call us on +2347033378184.
I hope I have answered some of your questions about starting pure water business in Nigeria? If you have more questions, use our comment area below. All the best.