Good day nairalanders, I just want to confirm how lucrative is selling of cement, Dangote cement to be precise. I reside in a developing area and I don't know much about this business. I have about 400k as capital for this. pls I need candid advice from someone that knows pros and cons of this business. Thank u.

pls help a brother o. I need answer to my request. someone that know much about the business should help out.

A taller of cement sells for #2,050,000. How do u intend to start a business that requires 3m with 400k.

It's d same business I do, but I'll tell u to look elsewhere, because...
1. d business carries lots of creditors
2. No much profit, u need large turn ups to cover up expenses
3. Hard times during rainy season
4. U must need a delivery truck if u wanna sell well.
5. U can buy 1 trailer of cement today, and d price go crash tomorrow

Titto93:
A taller of cement sells for #2,050,000. How do u intend to start a business that requires 3m with 400k.

It's d same business I do, but I'll tell u to look elsewhere, because...
1. d business carries lots of creditors
2. No much profit, u need large turn ups to cover up expenses
3. Hard times during rainy season
4. U must need a delivery truck if u wanna sell well.
5. U can buy 1 trailer of cement today, and d price go crash tomorrow

Thank u, I just want to start on small retail o. I have people getting as little as 100 bags from trailer but I just need inputs to know how good the business is before venturing into it.

Zico5:

Thank u, I just want to start on small retail o. I have people getting as little as 100 bags from trailer but I just need inputs to know how good the business is before venturing into it.

No distributor will give u 100 bags, minimum is 300 or 600 depending on individual.
And wen u see 100 bags, of about #240,000 ur profit is only #10,000.
Cement is not a type of business to start small, u either start normal or nothing.

Zico5:
Good day nairalanders, I just want to confirm how lucrative is selling of cement, Dangote cement to be precise. I reside in a developing area and I don't know much about this business. I have about 400k as capital for this. pls I need candid advice from someone that knows pros and cons of this business. Thank u.

Bro, am in same shoes right now.
Pls can you share the info you've been able to gather.
Am based in Sagamu

Titto93:


No distributor will give u 100 bags, minimum is 300 or 600 depending on individual.
And wen u see 100 bags, of about #240,000 ur profit is only #10,000.
Cement is not a type of business to start small, u either start normal or nothing.

bro Pls shed more light on this info
Especially current price schedule

And also, how deep does the rainy season effect affects the business

truvine:


bro Pls shed more light on this info
Especially current price schedule

And also, how deep does the rainy season effect affects the business

The current price for full trailer load of cement (900 bags)
Dangote Cement - #2,160,000
Bua Cement - #2,130,000

Titto93:


The current price for full trailer load of cement (900 bags)
Dangote Cement - #2,160,000
Bua Cement - #2,130,000

Which area is yours?
How about Lafarge

Good day nairaland, please i really need an inside in foam mattress to tell me more about the business. How profitable is the business because I want to venture into it. Thank you

How lucrative is selling of foam mattress in lagos and like how much capital does it require for a beginner