How can I start a pure water business in Nigeria?

Is pure water business profitable in Nigeria?

Pure water business in Nigeria is very profitable but requires good amount of money. If you wish to invest in this business, I can assure you of the profit provided you do your home work very well which includes properly setting up of your business and applying good marketing strategy.

How much does it cost to start a water bottle company in Nigeria?

NAFDAC registration costs about N50,000 excluding hidden costs and charges, and the CAC demands a business name registration which costs about N10,000 and the registration of the business itself which may cost you between N50,000-N100,000.

How do I start selling pure water?

How to Start a Small Business Promoting and Selling Pure Drinking Water

  1. Formulate a Business Plan. …
  2. Obtain Licensing and Compliance Certificates. …
  3. Secure Startup Funding. …
  4. Select a Central Production Location. …
  5. Hire and Train Employees. …
  6. Devise a Marketing Strategy. …
  7. Implement an Advertising Plan.
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How much will it cost to set up a pure water factory?

Conclusion. Starting a pure water business in Nigeria is very lucrative and will require passion, hard-work and a reasonable amount of money. To start a pure water business in Nigeria, a start up capital of about three million naria is needed and you are good to go.

How much is a bag of pure water in Nigeria?

This means that a 50 cl sac of ‘pure water’, which was sold for N10 before now, is now sold for nothing less than N20 to N30 depending on the area. Resellers such as cold room operators may sell at N240 a bag.

Is bottle water business profitable?

How much profit can a bottled water business make? Profits can range between 100% and 500%, or more.

Can I bottle my own water and sell it?

Once you have met the requirements to bottle the water and sell it in your state, you will need to go through a similar process for each state where you plan to sell the water. Most states require that you be certified before you can sell water there even if you produce the water in another state.

What is the cost to produce a bottle of water?

The average plastic bottle of water costs $1.29. The water itself accounts for less than $0.00001 and the rest is a markup based on plastic bottle production, including packaging, marketing, and other factors to increase the price.

How do you succeed in pure water business?

To start and run a successful pure water business in Nigeria, here are important things to put in place:

  1. Have A Business plan. …
  2. Acquire Land and build. …
  3. Sink a Borehole and Install Tanks Overhead. …
  4. Install A Water Treatment System. …
  5. Get and Install Necessary Equipment. …
  6. Get the Necessary Materials. …
  7. Register the Business.
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How do I set up a water business?

Steps to Start Mineral Water Plant Business

  1. Know the market opportunity. …
  2. Certification and License. …
  3. Good area and locality for the mineral plant business. …
  4. Requirements of the Water purification process. …
  5. Select the right machinery. …
  6. Steps of water purification. …
  7. Marketing and branding.

Is bottled water business profitable in Nigeria?

This kind of business is very profitable because not only does it provide safe drinking water, but bottled water itself is also considered to be healthy. To set up the water business in Nigeria, it is essential to choose a suitable area for setting up the business, whether rural or urban.

What are the challenges in pure water business?

The major cost factor in the table water business is the cost of the packaging materials and maintenance of filtration system.

  • Business registration: You need to register your business name. …
  • Trademark registration: After registering your business name, then you need a trademark.

How do I start a water bottle business in Nigeria?

Table of contents

  1. Conduct Adequate Market Research. …
  2. Write a Business Plan. …
  3. Decide on a project location. …
  4. Get The Needed Licenses. …
  5. Buy and Install Needed Equipment. …
  6. Drill a Borehole or Get Other Suitable Sources of Water. …
  7. Get Your Bottles. …
  8. Hire The Right Employees.

What business is profitable in Nigeria?

Here are the most lucrative businesses in Nigeria:

  1. Oil and Gas business. The simple truth is that Nigeria and to a large extend, the world, still depends on oil and gas. …
  2. Agriculture business. …
  3. Food business. …
  4. Blogging Business. …
  5. Real Estate business. …
  6. Furniture business. …
  7. Hotel business. …
  8. Transportation business.
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