How much does it cost to start a sachet water business in Nigeria?
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.
Is bottled water business profitable in Nigeria?
As long as you can find humans there, water is needed. So, if you can meet with the demands of providing clean and affordable drinking water, this business idea is for you. This is a business area that is profitable and sells everywhere in Nigeria.
How much do I need to set up a bottled water factory 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 much does it cost to start a water company?
Startup costs can range from $500,000 to $750,000 for a “bare bones” plant. However, some plants may require more capital, up to $1.5 million, or more, depending on the size of your operation.
How do I start a sachet water business?
How to Start (Sachet) Pure Water Business (Ultimate Guide)
- Have A Business plan.
- Acquire Land and build.
- Sink a Borehole and Install Tanks Overhead.
- Install A Water Treatment System.
- Get and Install Necessary Equipment.
- Get the Necessary Materials.
- Register the Business.
- Recruitment.
How do you open a bottle of water factory in Nigeria?
How To Start A Bottled Water Production In Nigeria
- Business and NAFDAC Registration. To begin, you will need to register your business with the CAC as a limited liability company.
- Hygiene.
- Chose a Location Not Far from Town.
- Space to Accommodate Production.
- Water Treatment.
- Bottling.
- Delivery and Delivery Trucks.
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 much does it cost to start a bottle water company?
Startup costs can range from $500,000 to $750,000 for a “bare bones” plant. However, some plants may require more capital, up to $1.5 million, or more, depending on the size of your operation. You will also need a license from the U.S. Food And Drug Administration (FDA).
Is there a market for sachet water in Nigeria?
SACHET WATER {PURE WATER} PRODUCTION IN NIGERIA: A VIABLE BUSINESS OPPORTUNITY. « Foraminifera Market Research Water is one of the most essential commodities for the survival of all lives. It is abundant in nature and occupies about 70% of the earth’s crust.
Is there a pure water business in Nigeria?
Pure water business in Nigeria is a very lucrative business However, many has tried and failed because they did not have a detailed plan or they didn’t seek enough advice from those already in it.
Where is the market for bottle water in Nigeria?
Though the market for sachet and bottle water in Nigeria, the business tends to sale more in the northern part of Nigeria where hot weather is prompting people into drinking more water than usual and lack of clean pump water contributed in giving the business a good push up.
What kind of equipment is needed to make sachet water?
In the production of sachet water {pure water}, the two most important equipment required for production is the water treatment plant and the sachet water filling machine. Some of the machines needed for bottled table water production and their uses is given below.