MISTAICEY02288:


God bless you richly. You've been so so helpful. I appreciate this... I will keep in touch with you as time goes on.

Cortexhills99:
Can I get ideas from you in setting up same in Abuja

akaahs:

I have plans to venture into similar business.
Don't know anybody in alaba market, how can I get started bro? Base in KD

fkj950ax:


Great insights into your line of business. Thanks for this. You have done better than all those "Subscribe with N15k to Learn How I Made N1m Profit in 6Months" Crew.

Sincinnati:
How’s that possible in Ikeja Or is that Rent alone?

Please I need serious answers and breakdowns if you have a realistic knowledge of it.

Shadowy:

I’m certain you meant 4 mannequins not 40.

Sincinnati:
This is the type of estimate I want.

Thanks you.

theenchanter:
40 mannequins is even too much for a start.

franklyneo:


Boss please I'm interested in this info, help your boy. I want both your plug in eko and d online contact. Make i start something for my kid bro

Worksunlimited:


Could you hook me up with your contact in eko.. how much e dey sell shirts, jeans and shoes respectively?

adekennis:
Im interested, can i PM you?

IamKizzbrown10:
Well i help a guy with that business plan 2 years and he is nw a boss. A place like ikeja it wil cost u about 1.3m to 1.5m for the rent and design then 750k yearly.
Then buy your goods on wish shopping site. I can help u with that. Just accomodate me bro, i swear i can make u 12 million monthly with my business ideas. Am nt a scammer mind u. So hit me up lets make millions

Seniorwriter:


@OP why do you want to expend huge monies for an offline setup when you can actually get a better sales process via online(eCommerce)....and make as much as $1k monthly.
With the write tools(Platform, Sales Funnel, Freebies & Customer retainership procedure) you can have 1k persons buy @least a product from you even if it's just one a month and if your profit margin is just a dollar multiply it by 1k customers ....
To get 1k customers is easy with a special sales funnel blue print.
Let me give you an insight...imagine you exposed to a blueprint architecture that helps secure 250 students from 4 Nigerian Tertiary Institutions that's 1k customer base and all they do is buy just one of your wears once a month from your eCommerce platform and you pegged your profit @as low as #500 after delivery(some may even foot the delivery cost) ....do the maths as regards your profit monthly....FYI they will keep increasing as long as you deliver and you keep given the freebies in the Sales Blueprint!
Enough said....if you are interested in acquiring or getting the know how to this special sales process kindly reach out via the facebook ID on my profile's personal text stating your NL moniker with the word CONCEPT!

Going through your comments here shows your toxic stupidity is legendary.....Get a life BTW you are not the OP.
You lack simple comprehension ability....can you state how the OP will be scammed from my very detailed sales funnel approach? People like you have a very toxic and backward reasoning!
What stops one from showing others how to do things rightly for optimum profits even if one is earning in millions....your mentality is so skewed and you need to really get help.


@SENIORWRITER

Spontaneous007:
This tori make me remember when I go work as sales boy for boutique. Chai!

It all happens when I was walking aimlessly the street with nothing to do. I saw one fine shop and entered o. The owner of the shop welcome me like better person, he say “customer sit down. How you dey, Emeka! Come to buy malting and snacks for our customer “… I try explain say I no but cloth say na work I dey find but him know allow me talk. He say make I no worry say he know wetin I dey look for. He say make I just chillex drink malt and eat meat pie. He still go but best for me. Me I no get by choice, I dey chop, dey drink dey go. As I come finish everything.. naso him come ask say wetin I wan buy? I say na him I dey try explain to am say him no listen. I say I no buy anything, na work I dey find.

Sonnobax15:

Somebody said 700k for rent yearly..

How much dem dey sell 100 by 50 plot of land for Delta?

There are certain things one must consider first before venturing into any business... Because if you don't really inquire very well,you may end up remitting all your profits as rent to your landlord...

expertman:


What products do u you and I will gladly give you the importers direct digit.

What's your location?

bakesntakes:

Reach out to me on WhatsApp

OJURONGBE1:
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.

Britishcoins:
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

Teewai69:
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

lifenajeje:
Hi

To be realistic 6 million won't be enough especially if the rented space have to be redesigned to soothe ur standard ..

Budgeting 6m means ur target market are those who are ready to spend money on clothing's for you to break even and make profit with time ..

For this kind of business u definately won't be using a single standard shop space but double space shops..


Rent would go btw 800k to 1.5 million but I wouid say keep 2m..

U might find somewhere u love but it's not up to ur budget that is y I have asked u to budget 2m..


If the rent falls lower then better for you ..

Budget 2 million for ur interiors

Bros no shout say i say 2 million ..

The rising cost of materials no be here

The bulk would go to the wood partitioning , Glass display, partition and showcase .. wall papers , paint or 3d design.. electricity.



I.e Glass u can get a quote by 7 am for it and by 12 noon u decide to make transfer to the seller you wouid hear

Oga glass don add money ..

Same thing appiies for wood MBF or HCF depending on the type u wish to use ..

Electricity is gonna take up much .
This one wey one wey one coil from Coleman cables is now 9k don't know the lighting design u might use but u need lots of light to illuminate ur boutique.

The electrical fittings too come to mind .


someone mentioned u can get 40 mannequins at 200k
Don't know if the person is an importer oh

Even locally manufactured ones sell above 10k

The ones a client used for his boutique ranges from 28k

Mannequins are of different types and prices vary..

The Remaining 2ilion should be budgeted for clothes shoes and other stuffs

Annoying thing is when u come back from the market and u try to display the arrange the items u might get discourage that u spent that amount but ur boutique is not full..

Pls don't be discourage .

If u have more money go back to the market but if not this is what u wouid do ..

Let's say u got a double shop seal up one to the public and fill up the single shop ..

The other shop would be like work in progress ..this makes ur shop look Fuller in public eyes instead of displaying scanty items in the double space ..

When u have the funds u can open up the other having restocked properly ..


Now to save money I wouid advice u to ask for quote from three vendors

Go to the market and buy the wood and accessories ,, glass , aluminium and electrical fittings yourself ..

Believe me u wouid save a lot of u procure the items urself ..


Use social media to Target sales around u ....

I hope this helps ..

Average9jaman:


1 mannequin can even reach 50k

This is mind blowing 2 me

Wetin dey mannequin

Sonnobax15:

Somebody said 700k for rent yearly..

How much dem dey sell 100 by 50 plot of land for Delta?

There are certain things one must consider first before venturing into any business... Because if you don't really inquire very well,you may end up remitting all your profits as rent to your landlord...

bakesntakes:
I think 6 million is good enough.

You can get a shop for 700k yearly
Repairs, carpentry works, Electrical & electronics setup, furnitures -(1m should cover everything that needs to be fixed and setup)

Mannequins #200,000 for about 40 pieces

The rest would go into getting authentic wears (shoes, bags, hats, shirts, trousers, belts, etc)

You can get Authentic wears at Eko market or online from international stores online.

I have a plug in Eko market that deals in high grade wears, and I know a couple of online stores that you can get Authentic stuffs.


6million is a great budget


If you need more information, let me know.

akaahs:

Tv, radio set, gen, home theatre, fridge, washing machine, cables all kind.
If can get bulbs, socket, lamp holders, MP3 and small electric/electronic gadgets I ll be glad.

Sincinnati:
Thank you sir but the amount you’re quoting dey shake my heart..

Sincinnati:
Something wey dey make people get erections for Kano

Sincinnati:
This is the type of estimate I want.

Thanks you.

bakesntakes:
I think 6 million is good enough.

You can get a shop for 700k yearly
Repairs, carpentry works, Electrical & electronics setup, furnitures -(1m should cover everything that needs to be fixed and setup)

Mannequins #200,000 for about 40 pieces

The rest would go into getting authentic wears (shoes, bags, hats, shirts, trousers, belts, etc). I need more information please

You can get Authentic wears at Eko market or online from international stores online.

I have a plug in Eko market that deals in high grade wears, and I know a couple of online stores that you can get Authentic stuffs.


6million is a great budget


If you need more information, let me know.