INTRODUCTION:
Four years ago, setting up an internet business or information centre, otherwise known as Cybercafé was only an investment the rich could afford, as the start up cost ran into millions of naira. However, fortunately enough for ambitious and interested investors, the reverse is the case now as small scale investors could join this highly lucrative business with less than N500,000.00 to set – up a mini – cybercafé of about 10 computer systems and 5 laptop ports.

It is ideal to start small and expand later as your income grows. I can assure you that this business is one of the few investments I know of that yields very high income and thus enables an investor to recoup his investment in a very short duration. It is also one investment that bankers and other financiers readily finance because of its quick yielding nature.

Oftentimes, the question most asked by willing entrepreneurs is “I really want to start my own business or venture, but I have no idea what to do and the required capital for the business or venture I have in mind. Can anyone, preferably a mentor, or consultant, give me some practical and viable small business ideas?”

The answer is yes!

Yes I can !

call mr benson on 0703 942 8870.He is AREA manager of BLUE DIAMOND RESOURCES.He is an expact.You will be enlighten more on this

[color=#000099]Why don't you back up your claims, MR John instead of begging people to call you? You have to prove to them that you know what you are talking so we know we arent wasting our credit.[\color]

HI naijacutee !

I AM REUBEN. By the way,i have really gained a lot from BLUE DIAMOND RESOURCES.I have set up my own cybercafe business at AKUTE AREA OF OGUN STATE (FAJCOMMS) IS the name of my cybercafe center.i did all this with the help  BLUE DIAMOND RESOURCES at( APAPA).Remember,the phone number i posted here is not mine.You can call the office of  BLUE DIAMOND RESOURCES to prove what i am saying here.Like said,this is my business and i really love it.I AM MY OWN BOSS.

ARE YOU?

with 500k how do you do that? Please analyse as follows:

Rent
Computers with monitors X 10 (as u mention)
UPSs
Power Generating Set
furnitures + miscelleneous.
ISP equipment and startup subscription cost

Please analyze to prove your post.

joinreview:

HI naijacutee !

I AM REUBEN. By the way,i have really gained a lot from BLUE DIAMOND RESOURCES.I have set up my own cybercafe business at AKUTE AREA OF OGUN STATE (FAJCOMMS) IS the name of my cybercafe center.i did all this with the help BLUE DIAMOND RESOURCES at( APAPA).Remember,the phone number i posted here is not mine.You can call the office of BLUE DIAMOND RESOURCES to prove what i am saying here.Like said,this is my business and i really love it.I AM MY OWN BOSS.

ARE YOU?

I am still waiting for your analysis Mr Reuben!

What is the average price per hour charged to the customer in a Nigerian Internet cafe?

Depending on the area. the average cost is 150 naira, but the executive class, it ranges from 250 upward.

So if you are open 12 hours per day and have an average 50% occupancy you could expect an income of 9,000 Naira per day or 216,000 naira per month ($ 1,400) before costs and taxes!

Not sure what the cost of renting a place, ISP and utilities would be, but it surely can not leave much profit per month?

I think the investment in the PC's etc is the smallest part of the equation!

From experience, it sure has quite a good profit if properly manage, and all available resources put to use. I am presently preparing a feasibility study on the business. The major challenge is the unreliable power supply which makes it a must to include fuel cost in the daily expenditure.

Joinreview please I'm interested in your assistance in setting up a cybercafe. Pls call me on 08100900926

just called the phone number of Mr Benson but person on the other end said its a wrong number

A thread that was opened about 5 years ago

Anybody who wants to run a cafe biz these days should have a rethink. Just go through the internet and see how Cafe owners are either closing down their Cafes or placing adverts to sell it off. Pls, to save yourself High blood pressure and frustration kindly jettison the idea of running a Cafe Biz especially in Lagos. I have one, so I am talking from experience. Don't be deceived by the number of people entering and leaving Cafes. Perhaps, if you insist, I am sorry you will regret it later. Look for another business please.Probably, Car wash or eatery. A word is enough for the wise.

Cybercafe is so last century ! Internet is cheap these days especially with the advent of smart phones and the price slashing of data bundles . Some of us even have those 3 in 1 printers (Scanner,Photocopy and Printing) at home so why would one still need a cybercafe.