Plantain Chips Business - How Lucrative & Profitable? - Business - Nairaland
Nairaland Forum › Nairaland General › Business › Plantain Chips Business - How Lucrative & Profitable? (1007 Views)
| Plantain Chips Business - How Lucrative & Profitable? by Nobody: 7:58pm On Nov 15, 2020 |
Evening Guys... I work as an office assistance in LAGOS, But am tired of working for peanut monthly and as a survivor child hustling in Lagos, I decided to launch my own business... So far I was able to save 100k Naira working.. Have browse through stuff I can engage myself into and I discovered FCG (Fast Consumable Goods) / Foods Business moves well in a country like ours which the population keep booming annually.. Pls business expert and experienced entrepreneur in the field - How lucrative is the Plantain Chips Business in today's Nigeria ![]() |
| Re: Plantain Chips Business - How Lucrative & Profitable? by RealLordZeus(m): 8:03pm On Nov 15, 2020 |
Endure.more, raise your capital to around 300k, then go for industrial fryer! Domestic fryer is a no no But you also need to consider other stuffs! Proximity to raw materials Transportation Distribution The profit margin is small but since it's a fast moving product, larger quantity is preferable else the industrial fryer |
| Re: Plantain Chips Business - How Lucrative & Profitable? by RedPhoenix: 8:03pm On Nov 15, 2020 |
I'm starting up something in this field. Come and be a partner with me and you'll be positively... ![]() |
| Re: Plantain Chips Business - How Lucrative & Profitable? by Nobody: 8:06pm On Nov 15, 2020 |
RealLordZeus:Industrial Fryer - Domestic Fryer Can you shed more light to this to clear understanding, Seems you pro in the business sir |
| Re: Plantain Chips Business - How Lucrative & Profitable? by Nobody: 8:09pm On Nov 15, 2020 |
RedPhoenix:Ohh really.... Where you based at and have you been in the business or about to?? |
| Re: Plantain Chips Business - How Lucrative & Profitable? by RedPhoenix: 8:13pm On Nov 15, 2020 |
Manlikeayoo:It's highly lucrative. I'm a veteran and experienced. Message me on WhatsApp |
| Re: Plantain Chips Business - How Lucrative & Profitable? by RealLordZeus(m): 8:28pm On Nov 15, 2020 |
Manlikeayoo:The type of fryer determine how big the biz is Micro scale- uses pot placed on fire from firewood or industrial burner, this is the lowest form, and its suitable for market women, using this tied nylon to package.. Small scale:- uses industrial burner, packed and sealed with hand sealing machines Mini scale:- uses industrial frier, with multiple hand sealing machines etc Larger scale:- specialized and fabricated equipment. This is strictly my opinion and not any formal classification So like I said earlier, the profit margin is low, let's say #6 after packaging on every #50 product, you will need to produce a moderate qty for you to break even , pay yourself and the person that will be assisting you hence why u need to go for mini scale |
| Re: Plantain Chips Business - How Lucrative & Profitable? by Nobody: 8:29pm On Nov 15, 2020 |
RedPhoenix:Your WhatsApp Digit?? So we can talk better |
| Re: Plantain Chips Business - How Lucrative & Profitable? by Nobody: 8:30pm On Nov 15, 2020 |
RealLordZeus:Thanks sir, Cleared now |
| Re: Plantain Chips Business - How Lucrative & Profitable? by RealLordZeus(m): 8:36pm On Nov 15, 2020 |
Manlikeayoo:Read the post again |
| Re: Plantain Chips Business - How Lucrative & Profitable? by Nobody: 8:48pm On Nov 15, 2020 |
RealLordZeus:Ok sir so what the difference between the small scale and mini scale is it just the multiple hand banding machine... And the last time I checked a plantain chips cost #100 naira everywhere not #50 naira... |
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