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Nairaland Forum / Nairaland / General / Agriculture / How Can I Get Cheapest Price For Bags Of Rice. (2491 Views)
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How Can I Get Cheapest Price For Bags Of Rice. by MegaTouchNaija: 10:06am On Aug 13, 2015 |
Please I was sent this email by a friend who wants us to start rice and garri packaging business together. I just want to know the current price for bag of rice & garri and were I can get it cheap. I am based in Lagos. Buy 10 bags of Quality rice at 5000 naira per bag. Share them into 2.5kg packs= 20 packs per bag. Sell 2.5 kg packs in beautifully branded sachets to supermarkets,convenient stores,markets etc at 350-400 per pack wholesale. Project Cost & Profitability. 10 bags of 50kg rice =200 packs of 2.5kg 10 bags 0f 50kg rice= 50,000 naira Cellophane+Label packs=3 Naira/pack x 200= 600 naira Distribution= 5000 naira Marketing= 3000 naira Miscelleanous=1400 Total Investmemt= 50,000+600+5000+3000+1400= 60,000 Return on Investment 200 packs at 400 naira each = 80,000 naira You make a profit of 20,000 naira on your 60,000 investment. It shouldn't take you 1 day to sell off 200 packs if you are a good marketer.On the other hand you can leave the marketing to an experienced distributor. At 2000 packs a month or 80 packs a day you should be making a cool 200,000 naira per month on a 60,000 naira investment. For a good sample of a nice pack, i can send u a mail. There's a million other things you can start with a 100,000 |
Re: How Can I Get Cheapest Price For Bags Of Rice. by NICEMAN01: 3:59pm On Oct 19, 2015 |
Am interested! Where can I buy it? |
Re: How Can I Get Cheapest Price For Bags Of Rice. by Alegna1(f): 11:16am On Sep 21, 2020 |
MegaTouchNaija: I know this is an old post.....but still revelant. Please any idea where one can get cellophane and label packs from at reasonable prices?? |
Re: How Can I Get Cheapest Price For Bags Of Rice. by Jahzrockballer(m): 10:18pm On Sep 21, 2020 |
Alegna1:Please any idea where to get cheap bags of rice? |
Re: How Can I Get Cheapest Price For Bags Of Rice. by smithclito: 8:11pm On Sep 24, 2020 |
cheap for how much . I can source for u from the producers in the north |
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