Mushroom farming is one of the farming business that holds high prospect but has never gained ground in Nigeria so far. Whether you decide to grow your mushrooms in your garden (for private consumption) or in a big farm (for commercial use), it is important that you know the right information before venturing into mushroom business.

Few that are into mushroom farming are making serious money and the process of starting mushroom farm is quite simple. Another good thing about mushroom farming is that it is not capital intensive. And the demand for edible mushrooms is quite high in the market. You can be making as high as two million every 3 months if you take up mushroom farming now in commercial quantity.

Who is this business right for?

Anyone who enjoys working with their hands and interacting with people may be well-suited for running a mushroom farm business. Growing mushrooms is a hands-on task, and having an ability to connect with people can help business owners share their product with potential customers.
A mushroom farm can be started as a part-time business while working another job. Mushrooms require a little attention each day, but they aren’t too demanding, and they can be tended to at any time of the day or night. It’s easy to fit growing mushrooms around other obligations.

How does a mushroom farm make money?

A mushroom farm makes money by selling harvested mushrooms. Mushrooms might be sold by the pint, quart, or pound.

How much can you charge customers?

Specialty mushrooms typically retail for N6,000 per pound. Oyster mushrooms wholesale for between N6,000 and N8,000 per pound, and other types of specialty mushrooms have similar wholesale prices.
Because most people don’t want to spend N20,000 on mushrooms, retail sales are usually done by the pint or quarter-pound. Wholesale transactions normally are by the pound.

What are the ongoing expenses for a mushroom farm?

The ongoing expenses for a mushroom farm business are minimal. They include new growing material, additional spores, and utility costs.

How much profit can a mushroom farm make?

A mushroom farm business that grows 12,000 pounds of mushrooms and only sells to wholesale clients could make between N2.4million and N3 million annually. Selling retail in addition to wholesale would significantly increase the business’ revenue. Since the ongoing expenses are minimal, most of this revenue would be profit.

Starting a mushroom farm can be easy with the right information. Learn what’s involved in opening a mushroom farm: from startup costs and business licensing requirements to marketing tips and insider advice.

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