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Nairaland Forum / Nairaland / General / Business / How Much Can Set Up A Standard Men’s Boutique In Ikeja? (29490 Views)
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Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by ygowon: 2:52pm On Aug 25, 2021 |
expertman:Bro, thanks for your contribution here. Please, I'm interested in doing electronics business. I would be glad if you can assist me sir |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by Nobody: 2:52pm On Aug 25, 2021 |
Good luck � man ...I don't stay in Lag but with that amount I'm sure you can set it up |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by expertman(m): 2:54pm On Aug 25, 2021 |
ygowon: No wahala brotherly I will be glad to lead you through. Experttaiwo @ gmail.com 2 Likes |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by kestolove95(m): 2:56pm On Aug 25, 2021 |
12.5million...thats the capital my sugar daddy gave mi to start mine |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by ygowon: 2:57pm On Aug 25, 2021 |
expertman:Thank u very much sir. Will email u |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by OJURONGBE1(m): 2:57pm On Aug 25, 2021 |
Waste of money if you ask me . Considering how much you'd pay for rent , advert, cost ( salary of staffs & theft inclusive) & business Development. Take that 6m and shop for 3 Toyota 2004 Corolla & Camry cars on Copart. Import & clear them, add 150-250k on them for sale. Tell your Vulcanizer /mechanic to find buyers or put it on your social media pages. Within 1-2weeks, you'll have made almost 600k profit on that investment. Add money to it & reinvest your profit. You can never go wrong with Toyota cars (especially Corollla & Camry) in this present day naija. If you want to go through the hire purchase route, import & clear them. Do the paper works (comprehensive insurance inclusive). Put it on Nairaland, Uber Taxify page . Many people would declare their interest. Do your due diligence ( get an army officer involved) before giving out your car. Ask for intial downpayment of 300-500k and put it on hire purchase adding 300-500k profit on it. Compound that for 2years. If the driver breach your contract, you can retrieve your car & sell it for good money. It is Toyota. With comprehensive insurance, you wouldn't have to worry about accident, as insurance coy would come thru. It may take time but you will be glad you insured your car. Na soap i cut for you o. 22 Likes 3 Shares |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by Omobada(m): 2:57pm On Aug 25, 2021 |
Spontaneous007: You no finish am now... Lafta nearly kee me |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by MondayOsunbor(m): 2:57pm On Aug 25, 2021 |
Sincinnati:is oga forget clothes go import food we are hungry in this country 6 Likes |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by MrCover: 2:58pm On Aug 25, 2021 |
5million naira |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by Britishcoins(m): 3:03pm On Aug 25, 2021 |
There is huge profit in boutique business in Nigeria, all powered by our Yahoo yahoo youths.. The are the greatest customers. Back to the topic I saw one niggar saying that 40 mannequins for 200k, my brother, the last one I bought was around 55k each... MY Brother, the challenge in boutique business is not abt capital, the most important is is good location and management. I started my own in one road side container but very busy road. Today I have another bigger shop with more that 4 million goods all with capital of 250k 22 Likes 2 Shares |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by Subomi11: 3:05pm On Aug 25, 2021 |
6Million is good to start a standard boutique in Ikeja, shop rent 500k - 750k. Please do survey rent of about the location as Ipodo is not as great as Toyin Street or Allen. A budget of 500k - 750k should be ok for ascetic designs and interiors. Don't allow Interior decors over bill you. A shop of 500k above must be with floor tiles and fine doors. Attention and priority should be given to lighting, transparent glasses and security. Knowing where to source quality wears at reasonable prices is key else your first two years maybe be for those you are buying from. Newbie are always rips off of their capitals by those already established in the business. Please make enough research. And don't buy from one location nor importer until you master the game. Best of luck 4 Likes 1 Share |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by GodwinIO(m): 3:05pm On Aug 25, 2021 |
bakesntakes: Please help me out you said #700k for shop per year. I no understand. |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by Eazeee(m): 3:05pm On Aug 25, 2021 |
theenchanter: u mean 40 baba is too much? |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by Lanretoye(m): 3:07pm On Aug 25, 2021 |
gasparpisciotta:you wan slot yourself into the budget,sharping guy 1 Like |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by fkj950ax(m): 3:07pm On Aug 25, 2021 |
The ignorance on NL these days is troubling. I understand some are just here for bants and mischief, but those that are suggesting things that are a deviation from the Ops question just confuses me. If you can provide insight to his plan, provide it, but stop asking him to use his capital to fund your dreams. Go and hustle your own N6m, run all your suggestions and create your thread on how you won or lost. 5 Likes 1 Share |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by BKayy: 3:07pm On Aug 25, 2021 |
kestolove95:I thought you are a feminist |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by Solatium(m): 3:09pm On Aug 25, 2021 |
younglleo: Where you wan go? |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by Zane2point4(m): 3:10pm On Aug 25, 2021 |
bakesntakes:Una funny, fibre mannequin is abt 80k male. Plastic sef don reack 60 5 Likes |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by MISTAICEY02288(m): 3:10pm On Aug 25, 2021 |
expertman: Nice response here! Please i have a question, which goods did you buy with just 500k capital if i may ask? Cos I am sure a 55 inch smart LED TV alone goes for about 200k thereabouts. How many goods were you able to get with such amount cos I used to think electronics business is capital intensive. Thanks! 2 Likes |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by adekennis(m): 3:10pm On Aug 25, 2021 |
Im interested, can i PM you? bakesntakes: 1 Like |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by younglleo: 3:11pm On Aug 25, 2021 |
Solatium:turkey, sweden , cyprus, denmark |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by kenex4ever(m): 3:12pm On Aug 25, 2021 |
expertman:cant pay rent |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by Teewai69: 3:13pm On Aug 25, 2021 |
Rent (regular size) - 50,000/month = 600,000 agreement - 100,000 agency fee - 100,000 damages - 100,000 Lightings to your standard - 50,000 Paintings, wallpapers, interiors (your taste matters) - 100,000 Standing mirror - 10,000 Air conditioner 1.5 HP - 180,000 installation inclusive Glass door (depends on shop size) - 150,000 regular Mannequins (3) 70,000/1 = 210,000 Hangers - (10packs/dozens for a start) Cloth shelves and rack - engage furniture guys and also check stainless standing hangers. Chairs and table Wall fans (3) TV, decoder, music decks and speakers Signage of your name at the entrance of your shop (General advert) Clothings - I don't know where you're sourcing from eko market, US, UK, China, online international market etc. I hope this little info helps sha, contact me if you need help. It's my line of business 10 Likes 2 Shares |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by Solatium(m): 3:13pm On Aug 25, 2021 |
younglleo: Denmark is the only beta country wey dey there,others na wash,you suffer for even triple for others. Do you have an idea of what to do there? what is your repayment plan? |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by Skillsnigeria: 3:17pm On Aug 25, 2021 |
Hmmm |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by younglleo: 3:18pm On Aug 25, 2021 |
Solatium:whereas in my own proffesion, denmark doesn't cough out alot of money or recognition as a starter, turkey is more better nd about the idea, I'm a footballer! |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by RealKellyLove(m): 3:18pm On Aug 25, 2021 |
Sincinnati: It will go. Ensure you look for a viable location and ensure you have a viable luxury website, functional social media pages because the world is now global. You can reach your customers anywhere, all you do is to deliver to them. What grades of clothes and accessories do you wish to sell? 1 Like |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by expertman(m): 3:20pm On Aug 25, 2021 |
MISTAICEY02288: Well my brother since you just starting you need some principle so as not to fall into mistakes must people does on the electronics field . Now if u to start just select 3 products that's are selling on daily basis and with good returns . Some of this products are generator the medium size 2.2kva and standing fans and selling fans also home theatres and agriculture engine with this products you are guaranteed daily sales and profits. I bought 32" led then which was just at 35k or thereabouts and but I make sure I have generators , fans home theatres enmasse so when I showcase in the morning in front of my shop people will see it as a big store due to fact that I am.only based on 3 to 4 products and bought them alot. From that products I bought my first ever car I sell standing and celling fans most. Later I scale it up to freezers and fridges Led television that's when I have extra capital and some companies like synix , polystar, aucma ,skyrun sell to us on credits even century . 10 Likes 2 Shares |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by Subomi11: 3:21pm On Aug 25, 2021 |
OJURONGBE1: Kindly ignore with all your strength. Boutique business will keep you busy, stands as guarantee, source of continuous revenue and you will destiny is definitely in your hand unlike that use car imports and Uber businesses 3 Likes |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by Worksunlimited: 3:21pm On Aug 25, 2021 |
bakesntakes: Could you hook me up with your contact in eko.. how much e dey sell shirts, jeans and shoes respectively? |
Re: How Much Can Set Up A Standard Men’s Boutique In Ikeja? by yungchop: 3:23pm On Aug 25, 2021 |
Solatium: . |
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