Good day Nairalanders...Kindly share wt me ur advice pls.
A friend of mine who just came back abroad is thinking of converting his twin building into a Nursery/Primary school. The buildings r a storey building with 4 x 2 bedroom flat x 2. So he is thinking of dividing the parlours to get two class room...so to say, in one flat, he would get 4 class rooms so in one building, he would be getting 16 class room...so in sum up, both building would be 32 class room...so my ques are?

1. Is it enough to start up a Nur/Primary school?
2. What are the pro and cons starting up a school?
3. How profitable is the venture?

He wants to be the Proprietor and would be employing able and talented individual to run the school.

Pls Nairalander...kindly share ur advice on this topic. Thanks.

@Moderator...pls help put this post on frontpage thanks.

Very profitable when you eventually breakeven. But that may never happen

Moderator...please help lift this post to frontpage pls..

It is profitable but at a start you need to invest alot, but you will reap them later

It's a very profitable business however the following may be important to note now.
You may not up to 32 rooms to start.
You may need to start at a time like this September entrance.
You may need to employ a H/M that would help you with the advertisement and other startups
You need to check for strategies that would distinguish your school from other numerous ones around
Is your location accessible for parents to drop their children?

I'll tow the path of the poster above me. While setting up a school is very profitable, i don't think the problem in Nigeria is the lack of schools but the lack of quality schools. We need people with the passion for education to setup of schools and not business men because they will always comprise quality in the process.

Thanks all for the advice. It's well noted.

cepokh'[]'