How can I start a pure water business in Nigeria?

Is pure water business profitable in Nigeria?

HOW PROFITABLE IS PURE WATER BUSINESS IN NIGERIA. It is highly profitable but the profitability depends on how well you are able to cut down on the running cost. For instance if you are producing 26-28 per kilo then you are producing at a loss.

What do you need to start a pure water factory?

What You Need To Start Pure Water Production Business

  • Write your business plan. …
  • Purchase Land. …
  • Construct Bungalow. …
  • Install Distillation System. …
  • Buy Automatic Sealing Machines. …
  • Buy a Supply Truck. …
  • Employ Factory Workers. …
  • Get NAFDAC Approval.

How do I start a sachet water business?

Setting Up Sachet Water Production

  1. Get a place of business. …
  2. Register your business name. …
  3. Sink a Borehole. …
  4. Install Overhead Tanks. …
  5. Install Distillation System. …
  6. Get NAFDAC Approved. …
  7. Acquire Automatic Sealing Machine. …
  8. Employ Staffs.

How much is nafdac pure water registration?

“The registration fee for sachet water which was N31,750 is now slashed by 50 per cent, making it N15,875, while that of food which was N52,750 is now N26,375 after 50 per cent slash.

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How much will it cost to set up a pure water factory?

Conclusion. 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.

What business can I start with 500k?

In this piece, you will find 10 Businesses You Can Start with 500k in Nigeria.

  • Mini Importation Business. …
  • Sales of Clothes and Shoes. …
  • Barbing Saloon Business. …
  • Football Viewing Center/Game Center. …
  • Hair Dressing. …
  • Real Estate Business. …
  • Block Moulding Business. …
  • Computer Service Center.

How much does it cost to start a bottled water company 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.

Is water business profitable?

Is Bottled Water Business Profitable? The profit margin in mineral water business is highly dependent. If you sell 500-ml, 1-liter, and 5-liter jars, the average profit will be 10-15%. However, if you sell 5-liter jars, the average profit will be around 30-40%.

What are the challenges in pure water business?

Erratic power supply, high utility charges, high cost of financial credit from financial institutions, poor infrastructure, and limited support from the central government are challenges faced by the industry.

How much is a bag of sachet water in Nigeria?

Why we increased sachet water price from N100 per bag to N200, by producers. National President of the Association of Table Water Producers (ATWAP), Mrs. Clementina Ative, has provided reasons why the association increased the price of sachet water from ₦100 per bag to ₦200.

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How much does it cost to start a water bottling company?

For the most part, startup costs for a water bottling plant begin around $750,000 and can cost up to $1.5 million or more as the size of the operation increases. You can expect costs for a license from the FDA and a permit from your state health department.

What is the best table water in Nigeria?

The following are the 10 best and most popular bottled water brands in Nigeria this 2021:

  • EVA BOTTLED WATER. …
  • RAGOLIS SPRING BOTTLED WATER. …
  • NESTLE PURE LIFE BOTTLED WATER. …
  • AQUADANA BOTTLED WATER. …
  • AQUAFINA BOTTLED WATER. …
  • SWAN NATURAL SPRING BOTTLED WATER. …
  • CASCADE TABLE WATER. …
  • CWAY BOTTLED WATER.