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Can #500k Open A Boutique In Lagos? - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessCan #500k Open A Boutique In Lagos? (6428 Views)

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Can #500k Open A Boutique In Lagos? by austinbrown(op): 7:21am On Sep 25, 2015
Can 500k start up a boutique business in Lagos?
Re: Can #500k Open A Boutique In Lagos? by Godmother(f): 7:34am On Sep 25, 2015
Yes, but it would depend on the location you want to start in and you'd be starting small with that amount.
Re: Can #500k Open A Boutique In Lagos? by amiskurie(m): 7:46am On Sep 25, 2015
More than enough


A friend of mine opened one in Victoria island with 3.2Million and It's seriously paying off.

I would have tried out one in Lekki 1 but I can't manage it myself.I can't let people mismanage it either.
Re: Can #500k Open A Boutique In Lagos? by austinbrown(op): 10:08am On Sep 25, 2015
amiskurie:
More than enough


A friend of mine opened one in Victoria island with 3.2Million and It's seriously paying off.

I would have tried out one in Lekki 1 but I can't manage it myself.I can't let people mismanage it either.
thank u soo much bro
Re: Can #500k Open A Boutique In Lagos? by austinbrown(op): 10:09am On Sep 25, 2015
Godmother:
Yes, but it would depend on the location you want to start in and you'd be starting small with that amount.
thanks
Re: Can #500k Open A Boutique In Lagos? by amiskurie(m): 10:39am On Sep 25, 2015
austinbrown:
thank u soo much bro
With 500k,u will be having a classic boutique.
Assuming your fund is 500k

then

2 years rent in a nice location # 100k
Finishing,glass door and paint# 60k
Generator #40k
Stocks # 300k = 500k
--------------------

Average gain on a polo is like 800(let's assume you could sell of minimum of 7 items a day)

That's making sense.
Re: Can #500k Open A Boutique In Lagos? by austinbrown(op): 2:01pm On Sep 25, 2015
amiskurie:
With 500k,u will be having a classic boutique.
Assuming your fund is 500k

then

2 years rent in a nice location # 100k
Finishing,glass door and paint# 60k
Generator #40k
Stocks # 300k = 500k
--------------------

Average gain on a polo is like 800(let's assume you could sell of minimum of 7 items a day)

That's making sense.
this is gud
Re: Can #500k Open A Boutique In Lagos? by 4stylz: 7:00pm On Sep 25, 2015
amiskurie:
With 500k,u will be having a classic boutique.
Assuming your fund is 500k

then

2 years rent in a nice location # 100k
Finishing,glass door and paint# 60k
Generator #40k
Stocks # 300k = 500k
--------------------

Average gain on a polo is like 800(let's assume you could sell of minimum of 7 items a day)

That's making sense.
100k for which shop for Lagos? Rent shop where you can sell your clothes
Re: Can #500k Open A Boutique In Lagos? by amiskurie(m): 9:48pm On Sep 25, 2015
4stylz:
100k for which shop for Lagos? Rent shop where you can sell your clothes
E too much for two years?
Re: Can #500k Open A Boutique In Lagos? by 4stylz: 10:11pm On Sep 25, 2015
amiskurie:
E too much for two years?
Nor be 2years; na forever
Re: Can #500k Open A Boutique In Lagos? by amiskurie(m): 10:15pm On Sep 25, 2015
4stylz:
Nor be 2years; na forever
lol... U talk about location,the op's budget is 500k.
Re: Can #500k Open A Boutique In Lagos? by Onuohasworld(m): 10:20pm On Sep 25, 2015
amiskurie:
More than enough


A friend of mine opened one in Victoria island with 3.2Million and It's seriously paying off.

I would have tried out one in Lekki 1 but I can't manage it myself.I can't let people mismanage it either.
?.u don't have to worry ..employ me. I go run am for u..you will buy pos for transactions..that way the money made from sales will be going to ur account directly..
Re: Can #500k Open A Boutique In Lagos? by amiskurie(m): 10:22pm On Sep 25, 2015
Onuohasworld:
?.u don't have to worry ..employ me. I go run am for u..you will buy pos for transactions..that way the money made from sales will be going to ur account directly..
Hw do I employ a chairman like you...
Re: Can #500k Open A Boutique In Lagos? by Onuohasworld(m): 10:27pm On Sep 25, 2015
amiskurie:
Hw do I employ a chairman like you...
grin grin I no be chairman...I just give u solution..ur money dey safe with pos..I dey available any time u wan start.
Re: Can #500k Open A Boutique In Lagos? by amiskurie(m): 10:29pm On Sep 25, 2015
Onuohasworld:
grin grin I no be chairman...I just give u solution..ur money dey safe with pos..I dey available any time u wan start.
that doesn't make it less a worry.
Re: Can #500k Open A Boutique In Lagos? by Cinderelly(f): 9:36pm On Mar 19, 2017
This has been a long time post, I want to open my boutique (my passion drives me, don't bother discouraging me.. Lol). Has anyone successfully opened one, I need guidance please, also, need where to get fund.
Re: Can #500k Open A Boutique In Lagos? by Guilderland1(m): 5:23pm On Dec 19, 2017
I have successfully saved 700k can it be enough to start up boutique?
1 Reply

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