Good Day Great Nairalanders,

I will like to setup a block manufacturing industry around Ikorodu, i need the help of Nairalanders who have experience in this line of business about how to go about it.
I will like to know about the following
1. The equipments needed, their prices and how to procure them.
2. I will like to know the breakdown of the transactions as per cost of moulding each block and how much it can be sold.
3. I will like to know the best way to achieve the industry because i heard of local vibrated machines and Electric and i dont know which is better.

Any advice you guys give will help a brother out a lot .

Thanks and Merry Christmas in advance

Guy, you are requesting for a business plan Ooo.
I will give you a summary of what you need and I will try to answer your questions as there arise.
The electric machine (Chinese machine) is a semi automated machine that makes neater blocks. It produces 3 nine inches and 6 six inches blocks per time. But it's quite expensive. It will cost you between 3-4 million Naira to get. While the local machine will cost you about N450k - N500k to buy.
You will need these items after you buy any of the machine of your choice and budget, Hose, Water storage tank, water pumping machine, shovels, wheel barrow and pallets.
Am assuming you have your location sorted out and have a store for your cements and equipment in place.
You asked about market and profit analysis, I won't be able to give you much details on that though I know the profit margin is usually small.
Finally, my advice to you. If you do not have a reliable source of water at your intended location, then find a new site. Water is as important to the production of blocks as cement is. Secondly, Avoid loans to set up a block industry, the business is seasonal and usually the first to take a heat when there is financial crunch. Your creditor may not understand with you. Thirdly, get a good team of experienced workers. Finally, Finally, DON'T SELL ON CREDIT, nobody should build a house without funds in place.

@brodalikeme. Your analysis is very much on point @brodalikeme. Your analysis is very much on point

@Supernet5
please go and learn about

Sensitivity analysis
Scenario analysis
profit analysis
and other capital budgeting techniques. it goes a long way to serve as a guide.

@Op . Dont sell on credit and you should never take a loan to start business ..
He who go borrowing, go sorrowing.

I will advice that u start moulding with hands the. switch to machine later..
this will guild you.

Thanks so very much my people, i appreciate the advice given. I will do as you guys adviced. Thanks once again i really appreciate

How To Start Block Industry Business In Nigeria
https://www.nigeriabusinessplan.com.ng/how-to-start-cement-block-industry-business/