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How Much Is Needed To Start Up A Gas Refilling Business? - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessHow Much Is Needed To Start Up A Gas Refilling Business? (11868 Views)

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Re: How Much Is Needed To Start Up A Gas Refilling Business? by 5ThChild: 7:06am On Jun 07
BlackMenDumb:
Kidnapping seem like the safest, lucrative business in Nigeria now, just identify as a Yowaa and APC Govt led by Tinubu will give you a pass, even when you are caught you will still be released.
Do you know how many kidnappers are killed and don't even make it to the headlines?
Re: How Much Is Needed To Start Up A Gas Refilling Business? by IDERAWOLE(m): 7:12am On Jun 07
tallfish145:
How much can one keep as capital for gas refilling business as a starter and what are the basic requirements for start up?
It depends on the scale or size of business you're planning to embark upon. However, take note of this:

Setting up a gas skid refilling plant is a highly viable business venture in the current economic climate. The demand for LPG is strong and growing, and the skid model offers an efficient path to market for entrepreneurs with medium-scale capital. With meticulous planning, strict adherence to safety regulations, and a customer-focused approach, this business is well-positioned to generate consistent, long-term profits and strong returns on investment.

So, I can give you a detailed set-up plan if indicate what size your looking at.

For a gas skid, you'll be looking at a capital of #5m. If it's just a shop size, it's going to be far less than this. You can have a detailed plan including returns on the business and how fast you can recover your investment.
Re: How Much Is Needed To Start Up A Gas Refilling Business? by alfajohn: 7:17am On Jun 07
IDERAWOLE:
It depends on the scale or size of business you're planning to embark upon. However, take note of this:

Setting up a gas skid refilling plant is a highly viable business venture in the current economic climate. The demand for LPG is strong and growing, and the skid model offers an efficient path to market for entrepreneurs with medium-scale capital. With meticulous planning, strict adherence to safety regulations, and a customer-focused approach, this business is well-positioned to generate consistent, long-term profits and strong returns on investment.

So, I can give you a detailed set-up plan if indicate what size your looking at.

For a gas skid, you'll be looking at a capital of #5m. If it's just a shop size, it's going to be far less than this. You can have a detailed plan including returns on the business and how fast you can recover your investment.
How far less for the shop
Re: How Much Is Needed To Start Up A Gas Refilling Business? by zionstaar75(m): 7:21am On Jun 07
Olachase:
After I don try everything has business I no see profit of 50k daily

Now I day reason to start FUFU and Eba without soup business 😃😃
so u want 50k profit daily for business you started with 750k?u be thief??
Re: How Much Is Needed To Start Up A Gas Refilling Business? by Axis313(m): 7:28am On Jun 07
rebirthkennedy:
Na banditry & kidnapping I wan start now
E come be like say na that dey give quick money now
I no wan stress person
Be careful of what you spew online,if you think you cannot be tracked, you are totally wrong, except the security agents don't have your time.
Re: How Much Is Needed To Start Up A Gas Refilling Business? by Danzuba: 7:28am On Jun 07
rebirthkennedy:
Na banditry & kidnapping I wan start now
E come be like say na that dey give quick money now
I no wan stress person
Please when people of living minds are building others stop bringing death junks abeg. Kidnapping business with people 's blood over your head.
Re: How Much Is Needed To Start Up A Gas Refilling Business? by IBB007(m): 7:44am On Jun 07
Lol…gas business isn’t as easy as it seems..na when you enter am you go know say no be play play…try learn for at least a month before taking a final decision
Re: How Much Is Needed To Start Up A Gas Refilling Business? by udemejack(m): 7:47am On Jun 07
Last year, someone has offered to setup this business for me at no cost and I was just lazying around,I am crying right now embarassed
Re: How Much Is Needed To Start Up A Gas Refilling Business? by BlackMenDumb: 7:49am On Jun 07
5ThChild:
Do you know how many kidnappers are killed and don't even make it to the headlines?
How many?
Re: How Much Is Needed To Start Up A Gas Refilling Business? by Ebenezer2021(m): 8:04am On Jun 07
omojeesu:
With N100,000
Start Airtime Referral Business
Build a Team of VTU Platform Owners
Team members do what you have done!
Smile to the Banks!
how do I get started I'll like you to explain more
Re: How Much Is Needed To Start Up A Gas Refilling Business? by Idoko619(m): 8:08am On Jun 07
Watianoengineer:
I started September last year with a capital of 800k.


Fire extinguisher as at then 25k.

I bought two tokunbo 62kg cylinders called bottles for 170k each.

Scale 100kg 80k.

Hose and tap and verve for filling 6kg and 3 kG cylinders cost me 70k.

Shop rent per year 150k at ojodu berger.

Fire permit.... 10k

Association levy 10k.

Total cost plus other miscellaneous expenses got to 750k.

As for now things are for more expensive than before. If you are starting with two bottles budget close to a million naira.

May God help u
Greetings chief,
How can I reach you please, planning to set up one around Ojodu too (don't worry I will not be your competitor) wink
Re: How Much Is Needed To Start Up A Gas Refilling Business? by Ebenezer2021(m): 8:08am On Jun 07
AareGaa:
Seun Osewa is overregulating this forum.
Give people chance to express themselves.

Don't use your hand to kill the forum, simply because you want to impress those people.
honesty it's so annoying, despite complaints he is still not giving himself sense
Re: How Much Is Needed To Start Up A Gas Refilling Business? by Ebenezer2021(m): 8:10am On Jun 07
Thundafireseun:
Everything shouldn't be a joke to you.... There are times for serious discussion
shut up.
Where your seriousness carry you go today in life
Re: How Much Is Needed To Start Up A Gas Refilling Business? by Ebenezer2021(m): 8:10am On Jun 07
BlackMenDumb:
Kidnapping seem like the safest, lucrative business in Nigeria now, just identify as a Yowaa and APC Govt led by Tinubu will give you a pass, even when you are caught you will still be released.
what's Yowaa
Re: How Much Is Needed To Start Up A Gas Refilling Business? by Ebenezer2021(m): 8:11am On Jun 07
5ThChild:
18.5 million if you want a gas station with a double tank
who is this kid
Re: How Much Is Needed To Start Up A Gas Refilling Business? by Ebenezer2021(m): 8:12am On Jun 07
zionstaar75:
so u want 50k profit daily for business you started with 750k?u be thief??
there is the urge to quickly get back returns of investment.
You might call it greed but no I call it quick profit
Re: How Much Is Needed To Start Up A Gas Refilling Business? by oluwaseunamos33(m): 8:13am On Jun 07
I'll like to know you for breakdown. I'm planning to start the business.
5ThChild:
18.5 million if you want a gas station with a double tank
Re: How Much Is Needed To Start Up A Gas Refilling Business? by Ebenezer2021(m): 8:13am On Jun 07
Axis313:
Be careful of what you spew online,if you think you cannot be tracked, you are totally wrong, except the security agents don't have your time.
shut up they should go and track bandits in the forest.
Cc rebirthkennedy abeg put me through I'm interested
Re: How Much Is Needed To Start Up A Gas Refilling Business? by Ebenezer2021(m): 8:15am On Jun 07
udemejack:
Last year, someone has offered to setup this business for me at no cost and I was just lazying around,I am crying right now embarassed
why were you reluctant?
Re: How Much Is Needed To Start Up A Gas Refilling Business? by erico2k2(m): 8:15am On Jun 07
RapistOnBail:
You’ll need about 6 million naira for the first year of running the business.

Starting the business isn’t the issue. Running it for a year is where the problem lies.
Brosssssssssssssssssssssssssssssssssssssssssssss grin grin grin grin
Re: How Much Is Needed To Start Up A Gas Refilling Business? by Freighthost: 8:16am On Jun 07
And some people with low iq and lack of sense are still chanting on ur mandate we shall stand....after collecting rice garrison n 1000naira....get home n stil buy fuel 1330 and cooking gas nw 2400 per km...
Re: How Much Is Needed To Start Up A Gas Refilling Business? by cn401: 8:20am On Jun 07
5ThChild:
18.5 million if you want a gas station with a double tank
Please have u done this and what's the monthly profit estimate?
Re: How Much Is Needed To Start Up A Gas Refilling Business? by dbanjj1629(m): 8:20am On Jun 07
How profitable is it?

Sonnobax15:
. The dude below me has already broken down for you. I started mine around this same period like him but I didn't spend up to that amount.
Re: How Much Is Needed To Start Up A Gas Refilling Business? by 5ThChild: 8:22am On Jun 07
Ebenezer2021:
who is this kid
Do you have money?
Re: How Much Is Needed To Start Up A Gas Refilling Business? by 5ThChild: 8:25am On Jun 07
cn401:
Please have u done this and what's the monthly profit estimate?
Research cost money sir, how much are you willing to pay?
Re: How Much Is Needed To Start Up A Gas Refilling Business? by AAADE(m): 8:35am On Jun 07
RapistOnBail:
You’ll need about 6 million naira for the first year of running the business.

Starting the business isn’t the issue. Running it for a year is where the problem lies.
Discourager! From less than million to 6 million. This sound total discouraging.
Re: How Much Is Needed To Start Up A Gas Refilling Business? by Kenneth10110(m): 8:38am On Jun 07
Watianoengineer:
I started September last year with a capital of 800k.


Fire extinguisher as at then 25k.

I bought two tokunbo 62kg cylinders called bottles for 170k each.

Scale 100kg 80k.

Hose and tap and verve for filling 6kg and 3 kG cylinders cost me 70k.

Shop rent per year 150k at ojodu berger.

Fire permit.... 10k

Association levy 10k.


Total cost plus other miscellaneous expenses got to 750k.

As for now things are for more expensive than before. If you are starting with two bottles budget close to a million naira.

May God help u
Please can you share more light has the business being profitable or worth investing into and can someone use it to start a family
Re: How Much Is Needed To Start Up A Gas Refilling Business? by jospepper(m): 8:48am On Jun 07
Ebenezer2021:
what's Yowaa
Hausa/Fulani.
Re: How Much Is Needed To Start Up A Gas Refilling Business? by omojeesu(m): 8:57am On Jun 07
Ebenezer2021:
how do I get started I'll like you to explain more
Contact me on optimabiz.org@gmail.com.
Re: How Much Is Needed To Start Up A Gas Refilling Business? by omojeesu(m): 9:00am On Jun 07
Btruth:
Can you explain please? Good morning
Contact me on optimabiz.org@gmail.com
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