Foodstuff business is highly lucrative and profitable due to is everyone needs and wants. Foodstuff business if ventured into will never make you remain poor. The businesses listed in this article cannot be undermined. The market is readily available even without advertisement and can be done at any location right from the comfort of your home even without renting a shop. The foodstuff businesses listed in this article is sale of raw food items.
Do you know that your life can change overnight as foodstuff seller in Nigeria? These 7 foodstuff businesses is one people cannot do without patronizing it everyday because we all need food to survive. You can start as a wholesaler or retailer whichever you decide to choose. Foodstuffs in bulk can be source from market which deals in sale of foodstuff items. You can decide to buy in large quantities and resell as a wholesaler or retailer, you can also decide to start with little capital and later grow it into a big venture as demand increases. Here is a list of 7 Food Stuff Businesses you can start and you could never imagine will make you rich.
1) Rice Food Stuff Business
Rice is a staple food eaten and liked by almost 95% of every home in Nigeria. It’s one food stuff business that if ventured into can make you rich. You can sell as a retailer, wholesaler and distributor. The market for this foodstuff business is readily available and the demand is increasingly high. You don’t need any marketing strategy to be able to make sales with this foodstuff business. Venture into Rice foodstuff business and you could never imagine you will become rich.
2) Tomatoes Food Stuff Business
Tomatoes are highly nutritious and are used in preparing different varieties of food. Tomato foodstuff is one business you could never imagine will make you rich if ventured into. It is used in preparing stew and soups for eaten other foods. It is readily available in the market anytime and it is mostly sold in baskets. The truth about tomatoes is that it is a perishable food item. So when venturing into the business you have to buy in small quantities first and then as demand increases you can now start buying in large quantities. This business is one business that can make you rich overnight.
3) Beans Foodstuff Business
Beans is one foodstuff that is always taken as an alternative to rice. It’s another staple food that most people love to eat. Beans is very rich in protein which is good for body building. Beans can used to prepare variety of foods and it’s one food you can get at any season. The market is also readily available and the demand is high, so therefore venturing Into beans foodstuff could make you rich.
4) Yam Food Stuff Business
Yam foodstuff business is one business that you could never imagine will make you rich. Yam is mostly source from Benue State. You can decide to buy in wholesale or retail. You can start this foodstuff business with little capital of N5000. It is highly lucrative and profitable. From this foodstuff business you can make 100% profit.
5) Garri Foodstuff Business
Garri also known as cassava flakes is also a Staple food eaten by almost 85% of every Nigerian Home. It’s one food business that is Hooghly lucrativeness and profitable if ventured into. Garri is gotten from the processing of cassava and it is mostly stored in jute bags. The sale of garri as a foodstuff can make you become rich due to it is a staple food.
6) Pepper Foodstuff Business
Pepper foodstuff business is one business you cannot also undermine. This foodstuff business is also very lucrative and profitable. Pepper goes hand in hand in with tomatoes because these two items are used in preparation of stew and soups. Its one business you could not never imagine will make you rich if ventured into.
7) Maize ( Corn) Foodstuff Business
Maize foodstuff business is a seasonal business because maize food crop is mostly available during the rainy season. Maize can be sold either in a roasted or boiled form. You can also make 100% profit from this foodstuff business.
Estimation of Startup Capital
– N10,000 – N50,000:- With this amount of money you can start this foodstuff businesses. You can buy Garri, beans, rice in 1 to 5 bags and sell in paint and cups to small retailers, final consumers and you will see good profit growth.
– N50,000 – N500,000:- With these amount you can become a wholesaler depending on the kind of foodstuff you want to be dealing in. You can buy most of these foodstuffs in large quantities from farmers and resell in retail form.
This type of business is the type you should venture into especially if you don’t have hundreds of thousands and millions of Naira to start up.
Start these 7 foodstuff businesses and say goodbye to poverty.