The ever busy life style of most families and lack of electricity to store perishable food stuffs in refrigerators in many homes have resulted in high demand for frozen foods products in Nigeria.
Frozen Food Business In Nigeria
Demand for Frozen Food
The consumption of Frozen Chicken, Turkey and Fish in Nigeria is very high, especial in urban centers like Lagos, Kano, Portharcourt and Abuja etc. For example one kilo of frozen chicken in most markets and frozen food stores in Lagos is sold for between N650 to N1000 depending on size and location.
Selling frozen foods in Nigeria is very a profitable business. With sales from frozen foods business, you can generate enough income that will end lack of money in your pocket. In fact Sellers of frozen foods in especially in Lagos never go broke financially due to high patronage they receive from house wives and organizers of big events like birthdays and weddings. And it will surprise you to hear that some of those women selling frozen foods are also bread winners in their respective families due to the lucrative nature of frozen foods business.
Start up Capital Needed
To start frozen foods business is not a difficult thing. With an initial sum of N350, 000, you can start on a small scale and then increase your working capital as you make progress in the business.
The above initial start up capital will surely be enough to cover the cost of renting a shop, purchase a refrigerator and other important equipment needed to start successfully.
Here is a list of equipment need to set up frozen food business.
EQUIPMENT NEEDED START FROZEN FOOD BUSINESS.
Standby Power generator.
Tables and chairs.
Big stainless steel knife.
I believe with this piece of information you can now go ahead to set up a small scale frozen foods business. You will be shock to see much money you will make selling frozen foods in the area where you reside.
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