Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,841 members, 7,810,242 topics. Date: Saturday, 27 April 2024 at 01:47 AM

Business I Can Start With 400k In Lagos - Business (16) - Nairaland

Nairaland Forum / Nairaland / General / Business / Business I Can Start With 400k In Lagos (48898 Views)

What Business In Nigeria Can One Start With 400K? / What Business Can You Do With ₦400k In Nigeria Today? / Wat Biz Can I Start With 400k? (2) (3) (4)

(1) (2) (3) ... (13) (14) (15) (16) (Reply) (Go Down)

Re: Business I Can Start With 400k In Lagos by Agboki: 11:13pm On Dec 06, 2018
femijay8271:


No, 285k, Piaggio.



I wan buy gve person 4 higher purchase Bt d profit no make brain!!
Re: Business I Can Start With 400k In Lagos by femijay8271(m): 7:36am On Dec 07, 2018
Agboki:




I wan buy gve person 4 higher purchase Bt d profit no make brain!!

I beg u, pls no try ham ooo becus them go just use u buy new one and feed their own family while they give u stories that keke is not good.

1 Like

Re: Business I Can Start With 400k In Lagos by Nobody: 8:39am On Dec 07, 2018
Interested in Goat shipping to the South as Christmas approaches? You can make a profit of N4000 per goat putting into consideration cost of buying, transporting, tax etc. I have a detailed Feasibility Study Reports of major markets in border town Jigawa, Katsina and Kano for help you in making an effective and efficient decision so as to make profit and long run survival of the enterprise... However, the feasibility study is not for free.. You can contact me on 08033213577.... One love
Re: Business I Can Start With 400k In Lagos by eurogee: 10:41pm On Dec 07, 2018
Easy to speak than done. You can as well do your own 'thorough' research and go get it at the rate of less N500



atesunate16:



Inasmuch as I've not gone into this biz for real hand info, I believe your research was a bit shallow.

You mean you didn't inquire the price in the source market before going?

Do you know season affects farm produce?

A thorough feasibility study would have saved you from the loss.

1 Like 1 Share

Re: Business I Can Start With 400k In Lagos by eurogee: 10:43pm On Dec 07, 2018
Go try those locations yourself and make the whole profits. At least, I have tried; so go and do the experiment and make the money for yourself. Good luck


Raalsalghul:
Hmmm. Revealing. Have you considered the fact that it might be cheap in other locations?
Re: Business I Can Start With 400k In Lagos by Agboki: 12:35pm On Dec 08, 2018
femijay8271:


I beg u, pls no try ham ooo becus them go just use u buy new one and feed their own family while they give u stories that keke is not good.



tanks man
Re: Business I Can Start With 400k In Lagos by smugmanuel(m): 12:01am On Dec 09, 2018
eurogee:
Yes this is Eurogee of steemit. There is no truth to this whatsoever. I wonder why people derive joy in misleading others.

I saw this and in order to minimise risk, I reached out to other steemians and we contributed money to buy a j5 full load. No1 the reporter here makes everything looks appealing. What it costs to fill a j5 is a far cry to whts stated here. The price of the paper same thing. The price is never less than 2k as the reportwr would have us believe.

I was personally involved in this to get the full details. We got to the location and the price was far higher around 4k to 5k+. I was accompanied by another team member who is fluent in hausa. When I found out this, I wanted to return home and give people back to their money. The guy prevailed on me that we should just buy it like that to test.

Eventually, the we bought and it was taken to Lagos, sold at between 7 to 8. Settled the union members there. At last we do calculations and the lost was just obvious.

Even if everything went well, you hardly can make more than 80k f profit from a j5 full load which in reality cost not less than 500k to load one full j5

You can try and see for yourself.

Thanks



[quowte author=golddeejay post=73425747]

Eurogee steemit? Can you kindly tell us what led to the 40k loss?

Please let me make it clear to you that for you to be successful in a business you will have to fail to learn.

From your point I realized the business is profitable but you chose not to see it but chose to see the loss.

1. You settled the union: With how much? What does it cost to join them and minimize thoe cost of settlement if you really wanna be in that business.
2. I kinda understood that the price fluctuates and therefore you need to have someone who lives in the north to make purchases when the price drops. You went there when the price wasn't favourable. You need to learn from it.
3. Dust up yourself, learn from your failure and start all over again.

3 Likes

Re: Business I Can Start With 400k In Lagos by eurogee: 1:00am On Dec 09, 2018
I don washed my hands off the business, adviser. We all in search of better opportunity here. So with all your knowledge and business acumen, go do the business. It is very "profitable" with "negligible" risk too. I wish you the very best, Adviser.



smugmanuel:


Please let me make it clear to you that for you to be successful in a business you will have to fail to learn.

From your point I realized the business is profitable but you chose not to see it but chose to see the loss.

1. You settled the union: With how much? What does it cost to join them and minimize thoe cost of settlement if you really wanna be in that business.
2. I kinda understood that the price fluctuates and therefore you need to have someone who lives in the north to make purchases when the price drops. You went there when the price wasn't favourable. You need to learn from it.
3. Dust up yourself, learn from your failure and start all over again.

1 Like

Re: Business I Can Start With 400k In Lagos by emmywave(m): 1:11am On Dec 09, 2018
Cool.. you might also want to check out how to make money in Nigeria with <a href="http://blogsxtra.com.ng/mine-naira-review"> Mine Naira For Free </a>
Re: Business I Can Start With 400k In Lagos by Tosyno23: 8:11pm On Feb 22, 2019
femijay8271:



waooo, I really love this
pls add me
Re: Business I Can Start With 400k In Lagos by Tosyno23: 8:13pm On Feb 22, 2019
udocity2:


pls add me 09038564697
pls add me 08149610923
Re: Business I Can Start With 400k In Lagos by architectB(m): 7:58am On Feb 24, 2019
Darkchick:
You can buy a small bag of pepper for #1500 in Azara market Kaduna road, and sold it's sold at the rate of #6500 in Lagos, a J5 bus can carry up-to 90 bags at one trip and they charge #110,000 per trip. Let's calculate.
#1500 * 90 = #135,000
#135,000 + #110,000 = #245,000

A bag to be sold for #6,500
#6,500 * 90 = #585,000

So.. #585,000 - #245,000 = #340,000.

Bro, # 300,000 is sure per trip.

There are many cheap stuffs you can buy from the north and resale in Lagos. E.g you can get matured goats for #4,000 each and resale for #12k or 11k.
The good thing is that you don't sell by yourself, dilaali (Hausa dealers) are readily available to sell for you while they charge a token from you.

You may think you're too big for these businesses but I bet the profit is cool.

Hello,
I love the way u laid out the business plan... Can I chat with you privately?
Cud u kindly send me a whatsapp message on 0802 835 3440... I will be looking forward to ur chat... Tnx a lot
Re: Business I Can Start With 400k In Lagos by royalcrews(m): 11:19am On Feb 24, 2019
Please add me 08056135371
Re: Business I Can Start With 400k In Lagos by Chidonc(m): 3:35pm On Feb 24, 2019
cifo1145:


Please darkchick ill like to discuss extensively on your northern buying techniques.....I'm ready to do the trading but ill need more info please can we chat VIA email on the details if u don't mind u can send me a phone number I can call u on thanks...my email is cifo1145@gmail.com....tnx
calm down brother the information is not correct, am into food stuffs, chickens and goats, there is profit I agree but not the over exaggerated figures up there , a matured goat goes for 10-20k in the north depending on the gender and size. food stuffs sells for twice there prices to three times their original price bought but don't forget, sometimes you would transport across to different location each with a particular charge before getting to your final destination.

1 Like

Re: Business I Can Start With 400k In Lagos by Chidonc(m): 3:45pm On Feb 24, 2019
Agboki:








As d grl been write dat tin 4 my mind I say dis is 2 good 2 b tru,I called my guys 4 north abt d goat mata,I dey hear some 9k some more Dan no b person say make I run!
even that 9k no be for matured goats I tell you, a female matured goat goes for nothing less than 12k, if the seller is broke 10k, I grew up in the north but the way some people are analyzing the food stuff market am forced to ask if it the same markets that have been to.
Re: Business I Can Start With 400k In Lagos by Chidonc(m): 3:53pm On Feb 24, 2019
akenzua74:
pls Sister need your contact ,sound real, also reside in Abuja am also interested in the Li's your proposed biz, or send me your fiance contact if you Will not send me yours, God bless you.
those figures are hardly true, I have been to most northern markets in the north east and beyonds, am into food stuffs and goats, there is profit but not to the extent listed above, matured goat for 4k, I am still laughing in my toilet, the cheapest you can get a matured she goat is around 10k ie the Seller is even broke, a matured he goat goes higher,

2 Likes

Re: Business I Can Start With 400k In Lagos by AntiIncognito: 8:38pm On Feb 24, 2019
femijay8271:
pls any one with business ideas I can start up with 400k

Have u found a business idea?? Yet.. I have a genuine one
Re: Business I Can Start With 400k In Lagos by arent88(m): 9:31pm On Feb 24, 2019
Chidonc:

those figures are hardly true, I have been to most northern markets in the north east and beyonds, am into food stuffs and goats, there is profit but not to the extent listed above, matured goat for 4k, I am still laughing in my toilet, the cheapest you can get a matured she goat is around 10k ie the Seller is even broke, a matured he goat goes higher,
serious when I saw matured goat for 4k I was wondering if its same north I know very well.even a stolen matured goat will not be sold to you for 4k.
Re: Business I Can Start With 400k In Lagos by HeliosHay(m): 9:54pm On Feb 24, 2019
femijay8271:
pls any one with business ideas I can start up with 400k
Online e-commerce businesses are the most scalable
Re: Business I Can Start With 400k In Lagos by ChijyWills(m): 10:51pm On Feb 24, 2019

1 Share

Re: Business I Can Start With 400k In Lagos by MrSly(m): 3:39am On Feb 25, 2019
Darkchick:
You can buy a small bag of pepper for #1500 in Azara market Kaduna road, and sold it's sold at the rate of #6500 in Lagos, a J5 bus can carry up-to 90 bags at one trip and they charge #110,000 per trip. Let's calculate.
#1500 * 90 = #135,000
#135,000 + #110,000 = #245,000

A bag to be sold for #6,500
#6,500 * 90 = #585,000

So.. #585,000 - #245,000 = #340,000.

Bro, # 300,000 is sure per trip.

There are many cheap stuffs you can buy from the north and resale in Lagos. E.g you can get matured goats for #4,000 each and resale for #12k or 11k.
The good thing is that you don't sell by yourself, dilaali (Hausa dealers) are readily available to sell for you while they charge a token from you.

You may think you're too big for these businesses but I bet the profit is cool.
That is a very nice tip. There are still many more questions that could still be asked. If only you will give out your number temporary.
Re: Business I Can Start With 400k In Lagos by morounkeji18(m): 9:55pm On Apr 04, 2019
Please add me to the group my number is 07030749145
Re: Business I Can Start With 400k In Lagos by manlawal(m): 4:09pm On Apr 05, 2019
So is there no one that has tried this apart from the guy that short 40k?
Re: Business I Can Start With 400k In Lagos by Tosyno23: 8:30am On Apr 14, 2019
THANKSGIVING17:
Can guide you on how to make at least $50 to $100 daily in binary trading without the need of having knowledge of binary.

Contact me thru my signature.
pls teach me,this is my WhatsApp number 08149610923
Re: Business I Can Start With 400k In Lagos by HeliosHay(m): 11:57pm On May 23, 2019
femijay8271:
pls any one with business ideas I can start up with 400k

Learn how you can make as much as $1000+ each month with kindle publishing

https://www.nairaland.com/5087280/how-make-1000-each-month
Re: Business I Can Start With 400k In Lagos by Raygal(f): 7:32pm On Aug 06, 2020
What Business Can I Start With 50,000?

This is the most frequently asked questions on the internet (especially Facebook) these days.

With the failing economy and the impact of the Covid 19 pandemic on the finances of individuals and households it has become necessary for one to think outside the box and seek for more ways to increase income in other to meet up with the daily necessities of life.

I've seen a lot of people ask the question in our headline above, so I'm going to list out some businesses I know can be started with the said amount or lower.

1) Dropshipping : Dropshipping is a model of business wherein you don't need to have an inventory or stock of the product you wish to sell but rather partner with people(usually manufacturers or wholesalers)who already have stock of these products. So when you advertise this product and receive an order from a customer, you then contact your partners to arrange the order and waybill directly to your customer. Now your customer doesn't know your supplier as the package invoice will carry your information and not that of your supplier. So basically your supplier is an invisible party in your trade.
Dropshipping can work with any kind of products so long as your supplier can do delivery to your clients address.

2) Pure Water Distribution: This business is often overlooked because of the little/bag profit involved (#20-30) but if you choose a very good location (a busy area) you will be amazed by the profits you'll make each week.

A bag of pure water from the Distributors go for around #90-#100 while they retail at #120/#130.

Let's assume you're doing this business in your house, so you don't need to pay for a shop.

#50000 will get you 500 bags @100 for each bag.

If you retail at #120, your total profit will be #10000 or #150,000@ #130.

Though 500 bags may take some time to sell, it depends on location. So of your location isn't so busy, you can start with half the capital or lower.

3) Honey Business: I call this another liquid gold but sadly it is the least thought about business. People don't know the potential in it yet.

Honey is a perfect and healthy substitute for sugar. We all know the health dangers of consuming refined sugar. Refined Sugar is in almost everything we eat. From snacks like cakes, to bread, tea, soft drinks, juices, you name it.. We consume one or more of these on a daily basis and it's detrimental to our health.

One good and exciting fact about honey is that everyone from Children to adult can consume it(except for children from 1yr and below). What this simply means is that there's always a market for it.

Hospitals use it to treat patients with injuries especially burn.

The health benefits of Honey cannot be overemphasized. It's loaded with naturally occurring enzymes,vitamins, minerals, propolis, beeswax and traces of amino acids. When I say Honey I mean Raw and Unadulterated.

Now let's talk about the business.

One 30L of honey costs between #34,000-#36,000 but let's work with the latter.

Cost of Honey - #36,000
Cost of waybill - #2,500
Cost of packaging containers or jars 500ml - #5000 for 50. One 25L gallon will give 50pcs of 500ml jar.

You sell each jar between #1800-#2000(let's go with the former)

So #1,800*50 = #90,000

Profit is #90,000 - #43,500 = #46,500. Which is 100% profit.

4) Cashew Nuts and Coated Peanut Business:
This is another good one because they're snacks. Everyone eats snacks�. Need I emphasize that these are very healthy snacks that can replace the regular junk snack out there. Personally, after tasting Roasted Cashew Nuts my desire for regular snack reduced to zero.

Peanut as well as Cashew Nuts have a whole lot of health benefits I cannot go on to mention here for time's sake. I'll just go on and talk about the profit in it.

One 75cl bottle of peanut goes for #400-500(wholesale price) and sells for #600-700 (retail price)

While same size cashew nuts goes for #1400-1500(wholesale price) and sells for #1800-2000(retail price)

So assuming you're starting either business with #50,000 this will be the profit projection �

Coated Peanut @#500 = 100pcs
Retail @#700 = #70,000
Profit = #70,000- #50,000= #20,000

Roasted Cashew Nuts @#1500 = 33
Retail at #2000 = #66,000
Profit = #66,000 - #50,000 = #16,000

These are basically some profitable businesses you can start with #50,000 or less and they're things almost everyone consume around you.

You can source any of these products anywhere, however just for your notice we're suppliers of Raw Honey and Roasted Cashew Nuts. You can check my signature for contact details.

Thank You

1 Like

Re: Business I Can Start With 400k In Lagos by GentlePEACE: 5:51am On Nov 28, 2022
YOUNGELDER1:
e author=deebsman1 post=69628862]Please someone should add me to any of the groups 08079982300.

I’m a member of the first group created and were are almost ready in bring down a J5 from Ikom.

We’re sourcing from Ikom.

Initially 28 people showed interest but at the end of the day only 8 members were willing to invest.

Now we’re short on funds due to initial members backing out at the last minutes.

We’re throwing the group open to serious minded investor.
We only need 4-5 that be willing to invest.

If you willing and ready to invest please signify.
We’ve done all the necessary market surveys.
Strict verification of members including home addresses and physical meetings.
Lawyers also involved.
If you’re ready and willing to invest please signify

Cc BanjiHols .

Sup, how did it go?
Re: Business I Can Start With 400k In Lagos by YOUNGELDER1(m): 7:08am On Nov 28, 2022
GentlePEACE:


Sup, how did it go?

Didn’t go well but we learnt our lessons.
Re: Business I Can Start With 400k In Lagos by GentlePEACE: 6:23pm On Nov 28, 2022
YOUNGELDER1:


Didn’t go well but we learnt our lessons.

Can u explain what went wrong
Re: Business I Can Start With 400k In Lagos by aragba(m): 8:28pm On Nov 28, 2022
[quote author=cifo1145 post=68287148]

Please darkchick ill am very much interested on the pepper business my number is 08122888220 and email address is bossobuju@gmail.com.

(1) (2) (3) ... (13) (14) (15) (16) (Reply)

Folorunso Alakija Meets With TD Jakes At House On The Rock (Photos) / Chicason Recycling Company, Nnewi Opens In Anambra. Buys Refuse From Residents / 10 Biggest And Busiest Markets In Nigeria That Are Saving The Nation From Hunger

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 71
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.