Evening Guys...

I work as an office assistance in LAGOS, But am tired of working for peanut monthly and as a survivor child hustling in Lagos, I decided to launch my own business...

So far I was able to save 100k Naira working..

Have browse through stuff I can engage myself into and I discovered FCG (Fast Consumable Goods) / Foods Business moves well in a country like ours which the population keep booming annually..

Pls business expert and experienced entrepreneur in the field - How lucrative is the Plantain Chips Business in today's Nigeria

Endure.more, raise your capital to around 300k, then go for industrial fryer!
Domestic fryer is a no no

But you also need to consider other stuffs!

Proximity to raw materials
Transportation
Distribution

The profit margin is small but since it's a fast moving product, larger quantity is preferable else the industrial fryer

I'm starting up something in this field. Come and be a partner with me and you'll be positively...

RealLordZeus:
Endure.more, raise your capital to around 300k, then go for industrial fryer!
Domestic fryer is a no no

Industrial Fryer - Domestic Fryer

Can you shed more light to this to clear understanding, Seems you pro in the business sir

RedPhoenix:
I'm starting up something in this field. Come and be a partner with me and you'll be positively...

Ohh really....

Where you based at and have you been in the business or about to??

Manlikeayoo:


Ohh really....

Where you based at and have you been in the business or about to??

It's highly lucrative. I'm a veteran and experienced. Message me on WhatsApp

Manlikeayoo:


Industrial Fryer - Domestic Fryer

Can you shed more light to this to clear understanding, Seems you pro in the business sir

The type of fryer determine how big the biz is

Micro scale- uses pot placed on fire from firewood or industrial burner, this is the lowest form, and its suitable for market women, using this tied nylon to package..

Small scale:- uses industrial burner, packed and sealed with hand sealing machines

Mini scale:- uses industrial frier, with multiple hand sealing machines etc

Larger scale:- specialized and fabricated equipment.

This is strictly my opinion and not any formal classification

So like I said earlier, the profit margin is low, let's say #6 after packaging on every #50 product, you will need to produce a moderate qty for you to break even , pay yourself and the person that will be assisting you hence why u need to go for mini scale

RedPhoenix:



It's highly lucrative. I'm a veteran and experienced. Message me on WhatsApp

Your WhatsApp Digit?? So we can talk better

RealLordZeus:


The type of fryer determine how big the biz is

Micro scale- uses pot placed on fire from firewood or industrial burner, this is the lowest form, and its suitable for market women, using this tied nylon to package..

Small scale:- uses industrial burner, packed and sealed with hand sealing machines

Mini scale:- uses industrial frier, with multiple hand sealing machines etc

Larger scale:- specialized and fabricated equipment.

This is strictly my opinion and not any formal classification

Thanks sir, Cleared now

Manlikeayoo:


Thanks sir, Cleared now

Read the post again

RealLordZeus:

Read the post again

Ok sir so what the difference between the small scale and mini scale is it just the multiple hand banding machine...

And the last time I checked a plantain chips cost #100 naira everywhere not #50 naira...