Good evening nairalanders, my uncle got 2million to start a business but he his still not sure where to invest in. He has poultry and bakery on his mind. Please kindly suggest businesses that are highly viable and legit. Thanks.

Nezy4Real:
Good evening nairalanders, my uncle got 2million to start a business but he his still not sure where to invest in. He has poultry and bakery on his mind. Please kindly suggest businesses that are highly viable and legit. Thanks.

Get a good location, start food business... Man must eat.

crafteck:


Get a good location, start food business... Man must eat.

He his planning on relocating to P.H
Are you into the food business? Pls what are the things required to set an eatery business?

If na lag, do bakery or any kind of junk stuff

Macsjebs:
If na lag, do bakery or any kind of junk stuff

Thanks but don't you think, 2million is a low budget to start a bakery considering the level of competition in Lag.
What do you mean by junk stuff?

Bro he should go in poultry with 1/2 of that money....that's after proper training on poultry.... He can later add goats and fish pound....


Do check my signature on how to earn with your Facebook.

Nezy4Real:


He his planning on relocating to P.H
Are you into the food business? Pls what are the things required to set an eatery business?

No I'm not, but I know it's one of the best business, he should settle in a state that favours I'm financially, socially and security wisically , those are things that matter in settling down, not my friends are here or there.An ibo joint, a small shop with frontage that has 10 eating spaces gets an average of 80 to 120k daily, profit is about 30 percent of that. A plate is 400.

Nezy4Real:


Thanks but don't you think, 2million is a low budget to start a bakery considering the level of competition in Lag.
What do you mean by junk stuff?

2million is not low at all, he doesn't need a big space, so he doesn't spend much on shop rent, junk stuff such as (don't know how to explain) 'all these night life stuffs in lag, chicken, barbeque'

crafteck:


No I'm not, but I know it's one of the best business, he should settle in a state that favours I'm financially, socially and security wisically , those are things that matter in settling down, not my friends are here or there.An ibo joint, a small shop with frontage that has 10 eating spaces gets an average of 80 to 120k daily, profit is about 30 percent of that. A plate is 400.

Good one,thank you.

Macsjebs:

2million is not low at all, he doesn't need a big space, so he doesn't spend much on shop rent, junk stuff such as (don't know how to explain) 'all these night life stuffs in lag, chicken, barbeque'

I am saying this because I know of a person that recently opened a mini bakery in Kano, he uses electric oven and mixers and he spent more than 4million to set that up.

Nezy4Real:


I am saying this because I know of a person that recently opened a mini bakery in Kano, he uses electric oven and mixers and he spent more than 4million to set that up.

Will ask sha, someone rented a family shop for baking bread and I don't think she spent up to 2 million, though she had the equipments before...can't say sha coz now that equipments like that are costly but doubt if he will spend up to 2m, thought shop space alone can gulp up to 500k for two years or more depending on vicinity

I HAVE A BET9JA SHOP AND VIEWING CENTER FOR SALE AT 1.5MILLION THIS SHOPS MAKE 100K PER MONTH PROFIT AFTER SALARIES AND EXPENSES DURING A BAD MONTH
DM 09035233014

Set up a proper akara stand in a busy location/bus stop.

Can I advice you? food business is not easy as people think. I have invested over N6million in my Cafe. But still yet to benefit from it, because Nigerians are not sincere people. People don't know what it took you to start your business but will want to steal from your business and this kills business quick and you need to be very available on ground to monitor the business.

Think wide, think smart there are alot of business you can start with that amount and realized good profit without much stress and anger inside of you

Nezy4Real:


He his planning on relocating to P.H
Are you into the food business? Pls what are the things required to set an eatery business?

Nezy4Real:


He his planning on relocating to P.H
Are you into the food business? Pls what are the things required to set an eatery business?

Look for a distributorship.

Start selling something fast moving.

Minimal risk and minimal profits but consistent income.

Just invest this in longrich
Chai.... you're rich for life
No need of referrals
U will be given products worth the money immediately
Then u earn over 200k monthly
U can research about it for more info

Here is what I think, rice distributorship. Sale rice in wholesale

emperorventure4:
I HAVE A BET9JA SHOP AND VIEWING CENTER FOR SALE AT 1.5MILLION THIS SHOPS MAKE 100K PER MONTH PROFIT AFTER SALARIES AND EXPENSES DURING A BAD MONTH
DM 09035233014

He doesn't want to go into Sport Betting business.

WalkerMichael:
Set up a proper akara stand in a busy location/bus stop.

Akara? With that much money I think he deserves to invest in something better. Thanks though.

You are right!

dannie007:
Can I advice you? food business is not easy as people think. I have invested over N6million in my Cafe. But still yet to benefit from it, because Nigerians are not sincere people. People don't know what it took you to start your business but will want to steal from your business and this kills business quick and you need to be very available on ground to monitor the business.

Think wide, think smart there are alot of business you can start with that amount and realized good profit without my stress and anger inside of you

solz23:
Here is what I think, rice distributorship. Sale rice in wholesale

Nice idea, considering the fact that we are approaching festive seasons. Are you referring to our made in Nigeria rice? How his he going to source the company to buy from?

michaellovaldo:
Just invest this in longrich
Chai.... you're rich for life
No need of referrals
U will be given products worth the money immediately
Then u earn over 200k monthly
U can research about it for more info

Ok I will read about it?

Waiting for more suggestions..

He should go to akwaibom or Calabar and do phone accessories business.

Alabaintprice:
He should go to akwaibom or Calabar and do phone accessories business.

Great idea, thanks. But will same business be profitable is a place like port Harcourt

Alabaintprice:
He should go to akwaibom or Calabar and do phone accessories business.

Great idea, thanks. But will same business be profitable in a place like port Harcourt

dannie007:
Can I advice you? food business is not easy as people think. I have invested over N6million in my Cafe. But still yet to benefit from it, because Nigerians are not sincere people. People don't know what it took you to start your business but will want to steal from your business and this kills business quick and you need to be very available on ground to monitor the business.

Think wide, think smart there are alot of business you can start with that amount and realized good profit without my stress and anger inside of you

Please which business do you advised

Allstrasse:


Look for a distributorship.

Start selling something fast moving.

Minimal risk and minimal profits but consistent income.

p!ease distributorship in what

If you are serious about what to do. Then look at Mini importation Business. There is Money in that Business.

Mires:

Please which business do you advised

The business opportunities in this book is a total sum and the information it contains is worth its weight in gold.

It analyzes unique business opportunities in 20 major industry in Nigeria and help one find business opportunity that fits one's passion, talents, skill sets, capacity and resources.

It covers unique business opportunities in Automobile, Real Estate, Tourism, Health, Solid Minerals, Agriculture, Entertainment, Fashion, Art & Craft, Sports, Education, Security, Processing, ICT, Oil & Gas, Finance, Essential Services, Electronics, Transportation & Logistics etc.
In addition, there is inclusive over 100 source of business capital sources and funding options.

This time calls for multiple streams of income because the truth is most families are struggling with a single source of income. This book will help you to escape this rat race often bedeviled by financial distress. If you have anything to do with business, it is the perfect book to pick up from the bookstore.

Macsjebs:

Will ask sha, someone rented a family shop for baking bread and I don't think she spent up to 2 million, though she had the equipments before...can't say sha coz now that equipments like that are costly but doubt if he will spend up to 2m, thought shop space alone can gulp up to 500k for two years or more depending on vicinity

Except if na just small chops bakery. But if na commercial bakery, hmmm! Oven alone go chop that 2m