Is Roasting And Selling Groundnut Really Profitable Here In Lagos?

21

Good day everyone here...... i just want to know if really i will make profits in roasting and selling groundnuts in nylons and bottles... some people even eats more than #200 naira groundnut every single day i really just want to know the ups and down of the business before i can start... please someone here with more insights and experience should help me out on this and share stories of how they started the business so i can be motivated enough to start mine... the thing is am just a regular young guy and i have been contemplating seriously on starting a new business right now...... well am some how still thinking if i should go ahead and give it a small trial.. i know it will work out and still be a sellout if i start getting more customers.... packaged groundnut sells daily and i also saw somewhere online that it sells faster because people eats it alot.... the prize i will be selling will be on wholesale prizes so as to enter the market very easily... but the issue is that i don't have much experience on it because this is just my first time to start this business... its a very good thing i ask before venturing into this business. am just a regular guy that's wants to start roasting and selling packaged groundnut to roadside shops and supermarkets.... well i can even offer them to pay me after they sell it all.... the thing is i dont have enough idear and how to run it... i have read online that one can start this business with just only 2k. i really want my own production to be world class and different from others in taste and in sizes.. well am some how still thinking if i should go ahead and give it a small trial.. the thing is am just a regular young guy and i have been contemplating seriously on starting a new business right now...... i need you guys comments.... i really want to know if roasting and selling of groundnut is really profitable here in lagos?

NB: Stories are shared by community members. The article does NOT represent the official view of NaijaWorld and the author is SOLELY RESPONSIBLE for this article
Comments

Use The App To Win N1m
Related Stories
thumbnail
Best Paid Jobs In Germany In 2021 | Monthly & Yearly Salary
thumbnail
The @Orikigroup Is Hiring For Amazing New Talent. Click Link To Apply
thumbnail
Jets You Are Buying Will Be Used To Collapse Nigeria
thumbnail
Inflation Has Reduced Minimum Wage To Nothing, Says NLC
thumbnail
Popular Bayelsa Amputee Comedian Seeks Help To Get Married
thumbnail
Future Ways To Make Money Online Fast Before 2021 Ends
thumbnail
Over 60% Of The Political Elite Are Incompetent, Have No Capacity
thumbnail
In What Other Country Do Humans Behave Like This?
thumbnail
Newsoyo Revokes 22 Contracts From Contractors Over Inability To Meet Deadlin
thumbnail
EXCLUSIVE: Over 60% Of The Political Elite Are Incompetent
thumbnail
Types Of Entrepreneurs
thumbnail
Old Man Dies On Top Of Two Teenage Girls During Party
thumbnail
Skills Acquisition: Ensure You Practice What You Learnt
thumbnail
Dialogue The Only Lasting Solution To SouthEast Crisis—Sen Andy Uba.
thumbnail
Why I Love Living In Brazil
thumbnail
Do You Want To Be Extremely Rich? Is Being Rich Important To You!
thumbnail
Cross River Ramps Up Chicken Processing At 24000 Birds Per Day Factory
thumbnail
See What's Happening In Cross River Ultramodern Poultry
thumbnail
Sub-Saharan Africa Exits Recession In 2021 But Recovery Still Vulnerable
thumbnail
A Widow's Joy Was Unquenchable As She Receives A Free Grant To Boost Her Trade.
Related Stories
thumbnail
Best Paid Jobs In Germany In 2021 | Monthly & Yearly Salary
thumbnail
The @Orikigroup Is Hiring For Amazing New Talent. Click Link To Apply
thumbnail
Jets You Are Buying Will Be Used To Collapse Nigeria
thumbnail
Inflation Has Reduced Minimum Wage To Nothing, Says NLC
thumbnail
Popular Bayelsa Amputee Comedian Seeks Help To Get Married
thumbnail
Future Ways To Make Money Online Fast Before 2021 Ends
thumbnail
Over 60% Of The Political Elite Are Incompetent, Have No Capacity
thumbnail
In What Other Country Do Humans Behave Like This?
thumbnail
Newsoyo Revokes 22 Contracts From Contractors Over Inability To Meet Deadlin
thumbnail
EXCLUSIVE: Over 60% Of The Political Elite Are Incompetent
thumbnail
Types Of Entrepreneurs
thumbnail
Old Man Dies On Top Of Two Teenage Girls During Party
thumbnail
Skills Acquisition: Ensure You Practice What You Learnt
thumbnail
Dialogue The Only Lasting Solution To SouthEast Crisis—Sen Andy Uba.
thumbnail
Why I Love Living In Brazil
thumbnail
Do You Want To Be Extremely Rich? Is Being Rich Important To You!
thumbnail
Cross River Ramps Up Chicken Processing At 24000 Birds Per Day Factory
thumbnail
See What's Happening In Cross River Ultramodern Poultry
thumbnail
Sub-Saharan Africa Exits Recession In 2021 But Recovery Still Vulnerable
thumbnail
A Widow's Joy Was Unquenchable As She Receives A Free Grant To Boost Her Trade.