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Become A Rice Producer Without Owning A Rice Milling Factory. - Investment - Nairaland

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Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 2:21pm On Nov 12, 2020
Due to popular demand, we have launched a contract rice processing services for clients. We are making it possible for anyone to venture into rice production business without owning a processing facility.

How It Works.

We will procure raw materials (poorly milled rice) on your behalf from the north and take it for further processing at our partner rice milling factories in Kaduna State.

At the factory, the rice will be destoned, polished, graded and color sorted. The end result will be perfectly milled, well polished and stone free rice, packaged in 50Kg bags.

The packaging will be in your own customized sacks. If you cannot afford to make your own sacks, we can use our own sacks for packaging your product.

Viability Of The Business.

As at the time of writing this , poorly milled rice sells for an average of thirty two thousand naira (N32,000) per bag (A bag weights between 100Kg – 105Kg).

Raw Material = N32,000

Processing Fee = N3,000

Sacks For Packaging = N700 (For two bags)

Service Fee = N1000

Total = N36,700

After further processing, you will get two 50Kg bags of well polished and stone free rice.

This implies that it will cost N18,350 to produce 1 bag of good quality rice.

If for example it cost N1,150 to transport 1 bag of rice to your location, your total cost will be N19,500 per bag.

As of today, good quality rice sells for between N23,000 to N27,000 in the market depending on your location.

Assuming you sell to resellers at the least cost of N22,000;

Gross Profit = Total Revenue – Total Cost = N22,000 – N19,500 = N2,500.

A person that is able to invest N390,000 to get 20 bags of rice, will be able to make a profit of N2,500 x 20 = N50,000. If he does three cycles in a month, that translates to a profit of N150,000 per month.

How To Get Started.

Simply send a message to us via:

Email: business@planbiz.com.ng

WhatsApp: 09022106607.

In your message, please state the following:

1. Number of bags you want to get (We can only do a minimum of 10 bags)

2. Whether you want to use our branded sacks, or your own customize sacks.

3. Location you want it delivered.

Thank you and wishing you all the best in your quests.

Originally Published At: https://planbiz.com.ng/rice-milling-service/
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 7:36am On Nov 13, 2020
We are at your service..
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 11:56pm On Nov 13, 2020
TheSparrow:
We are at your service..
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 10:12am On Nov 14, 2020
Good morning.

We are at your service.
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 10:15pm On Nov 14, 2020
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 10:11am On Nov 15, 2020
Good morning
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 11:18pm On Nov 15, 2020
December is fast approaching. Cost of rice will rise again.

Take advantage of this opportunity now.
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 5:19pm On Nov 16, 2020
TheSparrow:
December is fast approaching. Cost of rice will rise again.

Take advantage of this opportunity now.
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 8:22am On Nov 17, 2020
Good morning.

We are at your service.
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 5:51pm On Nov 17, 2020
We are at your service
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 8:33am On Nov 18, 2020
Good morning

TheSparrow:
December is fast approaching. Cost of rice will rise again.

Take advantage of this opportunity now.
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 10:37pm On Nov 18, 2020
TheSparrow:
We are at your service

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