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Groundnut Oil Packaging Business In Nigeria (Feasibility Studies)
After Publishing the post How to Start A Profitable Groundnut Oil Production Business in Nigeria, I got several phone calls from some investors asking If I have information on Groundnut Oil packaging business. 140ml Sachet and 750ml/3-litre bottles.
Well, if you are interested in packaging refined Groundnut Oil for sale in affordable 140ml Sachet and 750ml,2-liter and 3-litre Pet bottles, this new post will expose you to how itâ€™s done.
Groundnut Oil packaging business is very lucrative, because the product is largely used for cooking in homes, School hostels, Eateries, hotels and Restaurants etc.
The demand for packaged refined Groundnut is indeed very high, but what you see in most Markets in Nigeria today is a wide variety of unhealthy Groundnut Oil being sold openly because most consumers donâ€™t have choice.
You can indeed take advantage of opportunity to Package quality Groundnut Oil for sale and make huge profit like companies that produces Sachet/bottled Mamador, Power Oil and Kings Oil.
REQUIREMENTS FOR GROUNDNUT OIL PACKAGING BUSINESS
CAPITAL NEEDED: The start up needed depends on the plant capacity. With N10-N15million you can setup a 500tonnes capacity Groundnut oil packaging plant.
FACTORY SPACE: You can buy or lease a plot of land to build the Groundnut oil packaging factory.
Groundnut Oil packaging Business Feasibility Studies
The packing equipment/materials required in the envisaged plant are as follows. Bottle/sachet packaging machine, coding machine, Pet Bottles, storage tanks,Preservatives, Labels, Corrugated Cartons, stand by generator:
The total cost of machinery and equipment is estimated at N8.58 million.
MANPOWER NEEDED: Employ qualified and experienced workforce to run and manage the plant well.
The principal raw material required for the packaging plant is refined groundnut oil, which are produced in large quantity locally by different companies in Nigeria or can be imported.
Packaging is an essential part of physical distribution system and a tool for marketing the product in that it has to protect the commodity from atmospheric interaction and transportation hazards and must have aesthetic attraction and appeal so that it may help in increasing sales.
The packaging process involves auto-filling of the refined Groundnut oil stored in large tanks into pet bottles of various sizes or into sachets.
Groundnut Oil packaging Business Feasibility Studies
MARKETING & DISTRIBUTION
The retail price for two liters packaged Groundnut oil in Lagos is N1200 and taking into account mark-ups by distributors and retailers the factory gate price recommended for the new project is N800/2litres Pet Bottle.
Groundnut oil distribution is becoming easy due to the use of tight and attractive packaging materials. The envisaged project can appoint agents in the major market allover Nigeria.
I believe through this post you must have gotten some valuable information that will help you Start and own a profitable Groundnut oil packaging business in Nigeria.
If you need more information about this project, please donâ€™t hesitate to contact me because I have packaged a comprehensive feasibility studies that will aid you to quickly start and make profit from Groundnut oil packaging business.
The cost of the Groundnut oil packaging business feasibility studies is N10,000 only.
To order a copy please N10,000 to GTbank Account number: 001-030-8742, Account Name: Ojo Otaru and after payment please text your name and email address to 08081632025 for me to quickly deliver the Groundnut oil production business feasibility studies to your email box.
Success is Sure for you, because you have chosen to a step that will make your dream a reality.