How To Start Pure Water/Bottled & Sachet Water Business In Nigeria
Here are some of the related questions you have people asking on how to start pure water business in Nigeria, it goes like where and when can I set up my pure water business, will people buy still buy pure water? How lucrative is pure water or bottled and sachet water business in Nigeria? How much does it cost to start pure water business etc.
This post will basically be based on the these numerous questions often asked by people on multiple search engines, in no particular order, on this post “How to start pure water/bottled & sachet water business in Nigeria” here are the main focus;
- Where & when can I start my pure water business?
- Do people buy still buy pure water?
- How lucrative is pure water or bottled and sachet water business in Nigeria?
- How much does it cost to start pure water business?
Where And When To Start Pure Water Business – With the pure water or bottled and sachet water business plan in Nigeria sample template, you can start your own private production of sell-able pure water, this is simple, when you have the capital to begin operation, it is a lot more easier owing to the fact that you can buy all that you need to commence operations.
Do People Still Buy Pure Water – This question is double edge, first question you should ask yourself, is your water edible? What is the quality of the water you sell, can people store your water for one week and it still remains good? What did you do differently that will make people like me who loves buying Aqua Rapha to start buying your own products. The fact remains that people will always buy pure water along the road side, the question is whose pure water are they willing to buy?
How Lucrative Is Pure Water Or Bottled And Sachet Water Business In Nigeria – With an estimated population of say 180 million people, where there is shortage of drinkable water, the pure water business has become the closest alternative and for that reason, the business will continue to be very very lucrative. When you travel across Nigerian high ways, one feature that is always present is the number of people selling bottled water and pure water at every pot holes or go slow.
The truth is that not everybody will have the time to start preparing their own drinking water why go through the stress of learning how to purify your water when you can actually buy from others. Not everyone of us can go into pure water business, however, you need to have the business plan in order to know how to start pure water/bottled & sachet water business In Nigeria.
How Much Does It Cost To Start Pure Water Business – The financial projection of any business is really important, since it gives you the picture of the amount you need to invest in the business. I did a mini estimation of financial projection on this post, see a picture of it below;
- Cost for Business space – Get a space where you can start up either by renting which can be very expensive or by buying a land space for your business, a budget of between N4,000,000 to N7,000,000 should be enough if the land is located in the outskirt of the city. After buying this land, go ahead with proper documentation of the said land including getting your (C of O) Certificate of Occupancy. This comes with an additional cost of an estimated N5,000,000 to N7,000,000.
- Factory construction On the land – This is also capital intensive, construction of building in Nigeria comes with huge prices, believe me, this will definitely cost you around N7,000,000 to N12,000,000. It all depends on the quality of the building, some three rooms bungalows costs as much as N10,000,000, while you still have some that cost N7,000,000 to construct, it all depends on the location where the construction will be done. For example, it will cost more to set up a factory in WUSE, Abuja than it will cost to set up in Marraraba.
- Estimated costs for Equipment – There are different types of equipment that are available and are up to standard for this type of business. You need a distillation machine, there are different prices for this machine, you have those of N1,000,000, you also have those of about N10,000,000, there is also a cheaper machine that can do the job, it is known as Ultra Violet Filtration, could cost between N100,000 to N500,000. Another equipment that will come in handy is the automatic sealing machine, most pure water factories use the KOYO sachet water sealing machine, make a budget of about N500,000 to N7,00,000 for its purchase. And then you need distribution equipment, there are options, go for a pick up or a larger truck, however, make a budget of about N4,000,000 for its purchase.
How To Start Pure Water/Bottled & Sachet Water Business In Nigeria
We’ve already established that pure water business in Nigeria is lucrative, but as profitable business that it is, there are requirements to being successful, a part from the money to be invested, there are other requirements also; I’ve make a short list of these requirements with short explanations, it can double as requirement on how to start pure water/bottled & sachet water business in Nigeria as well as things that must be done for your pure water business to be successful, see below;
- Write a business plan or feasibility report – Your first point of call is to get a business plan on how you should be running your business.
- Get a business space – Here you can chose the option of either to purchase land for your pure water factory or you can rent, any of the option you chose, it will still cost you money, why it is important to purchase your own space is to avoid monthly or yearly rent payment.
- Get equipment needed – Equipment such as Install Distillation System, automatic sealing machine etc will be required to have your business running.
- Distribution of Products – What you need in this respect is a truck or a pickup with the company’s name inscribed on it, they will be your leg across the town and the region in terms of distribution.
- Employ qualified Workers – You can also chose to train them if you have the means, by workers you should be aiming to having the following, drivers, cleaners, operators, supervisor, marketers, security men etc.
- Get certification from NAFDAC – A NAFDAC Approval is like a go ahead order to have your business going, without it, you may not have a business to run and you investments would have been a waste.
Click to get the full Pure Water Business Plan In Nigeria.
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