Hello folks,pls does anybody know if coldroom business with fish,meat,chicken etc is lucrative?what are the challenges and the returns on investment?

ObamaUS:

Hello folks,pls does anybody know if coldroom business with fish,meat,chicken etc is lucrative?what are the challenges and the returns on investment?

POWER !

Thanks promise72, u only mentioned POWER but what are the prospects?

Could be lucrative but you have to consider power as the guy said. With this, you have to locate near a busy market.Straigh away, this should tell you you cannot locate in a small town. Only some big cities can take this busines besides Lagos. So think properly before you go into it. I have a friend who made good money from the business but had to pack up because of power supply and to think the business was right in Ojota Lagos. My brother, AGO is 100 naira per litre and if you run your gen for 10 hours at 1 litre an hour that is 1000 nara. Then tecnicians and the rest of them. But if you are thinking of selling fish, that is a diffrerent kettle of fish altogether with its attendant risks. Ask those in it they will tell you. My advice. wait till electricity improves. Meanwhile do some other things. For some other businesses you can do talk to me on jidolconul005@yahoo.com

thanks FUKE, I really appreciate