Quick Answer: Is cold room business lucrative in Nigeria?

Cold room business in Nigeria is one of the most profitable businesses you can consider. While most people don’t know that this money-spinning business is lucrative, a lot of Nigerians have become multi-millionaires as a result of investing in cold room business.

How profitable is frozen food business in Nigeria?

Average standard frozen food store makes N200,000 profit monthly (some make much more than that while some make less) in anyway, it is a good business. For you to get started in frozen food business in Nigeria, there are things you need to put in place.

How much does it cost to start a frozen food business in Nigeria?

HOW MUCH IS NEEDED TO START FROZEN FOOD BUSINESS. If you are starting small #200,000 is okay. But if in a bigger way you will need up to #500,000. You have to purchase 2 deep freezers which may cost more than #100,000.

How much does a cold room cost?

Questions & Answers on Cold Rooms

Temperature Min Price Max Price
-25 Celsius ~ +18 Celsius Rs 125000/Piece Rs 400000/Piece
-40 Celsius ~+18 Celsius Rs 100000/Piece Rs 210000/Piece
-40 Celsius ~+18 Celsius Rs 80000/Ton Rs 120000/Ton
-5 Celsius ~ +10 Celsius Rs 100000/Piece Rs 200000/Piece
IT\'S FUNNING:  How much is data plan in Nigeria?

How lucrative is frozen chicken business in Nigeria?

Frozen chicken business is so profitable that you can be making as much as a million naira monthly as a medium scale producer and retailer. For the purpose of convenience, the demand for frozen chicken is on the increase. Anyone who invest in this business can never incur loss.

Is cold room business lucrative?

Cold room business in Nigeria is one of the most profitable businesses you can consider. While most people don’t know that this money-spinning business is lucrative, a lot of Nigerians have become multi-millionaires as a result of investing in cold room business.

How long will meat keep in freezer?

Cold Food Storage Chart

Food Type Freezer (0 °F or below)
Hamburger, ground meats and ground poultry Hamburger, ground beef, turkey, chicken, other poultry, veal, pork, lamb, and mixtures of them 3 to 4 months
Fresh beef, veal, lamb, and pork Steaks 4 to 12 months
Chops 4 to 12 months
Roasts 4 to 12 months

How do I sell frozen food?

So, if you are wondering how to start frozen food business, here are a few essential steps and tips for you:

  1. Do Proper Market Research and Choose Your Target Market. …
  2. Find a Proper Location. …
  3. Find Suitable Suppliers. …
  4. Obtain the Necessary Permits. …
  5. Buy the Required Equipment. …
  6. Marketing. …
  7. Also Read: …
  8. Q.

How can I start ice fish business in Nigeria?

How To Start Frozen Food Business in Nigeria: Ice Fish, Cold Room Business Guide

  1. Have an adequate plan for the business.
  2. Choose a marketable product.
  3. Find a promising business location.
  4. Build a strong storage system.
  5. Acquire the needed equipment.
  6. Get insured or licensed for the frozen food business.
  7. Offer delivery services.
IT\'S FUNNING:  You asked: What is the name of the 13 month in Ethiopia?

Are cold rooms expensive to run?

Cold rooms are important for industries that require temperature controlled environments and storage facilities for their overall operations. Although cold rooms are essential to some industries, their operation can be unavoidably expensive, especially when it comes to electricity costs.

How much power does a cold room use?

Cold storage facilities consume an average of 25 kWh of electricity and 9,200 Btu of natural gas per square foot per year, with refrigeration accounting for more than 70 percent of overall electric usage.

Are cool rooms expensive to run?

Older coolrooms designs and refrigerating units, compared to modern refrigerators and materials used in coolroom designs today, are frankly not as efficient, cost effective to operate or as dependable as what are available today.

How do you package a chicken?

Place your selected parts or whole chicken in the bag. Fill the bag as full as you can without making it hard to seal. The less air space is in the bag, the better the meat will keep. If you’re using a zipper-type closing bag, try to keep the seal area clean so that it seals well.