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Here's A Profitable Business To Do Now. by davinchi101: 9:05am On Mar 11 |
One of the most profitable business now is food storage business. It's one that requires patience It simply means buying agricultural produce at their harvest season, when price is low, preserving and reselling during scarcity periods. For as long as you're dealing with human foods, price would always go up. In September 2023, a measure of groundnut in Nasarawa was #600/modu. Today, it's 1400 Egusi was 450 in August, it's now 900 Bambara nut was 700 in November, it's now 1300 Beans was 700 in December, it's now 1300, and so on. Local rice was 900 in November, it's now 1500. Buying at the appropriate time, ensures maximum profit. I'm based in Nasarawa state, a land where farming is largely practiced. And this is a sure business you find the Alhajis and the rich doing. 1 Like |
Re: Here's A Profitable Business To Do Now. by Nackzy: 9:36am On Mar 11 |
davinchi101:you're absolutely right my brother, I survive with this in the north |
Re: Here's A Profitable Business To Do Now. by davinchi101: 9:14pm On Mar 11 |
Nackzy: People are really cashing out from it. Price of food must always go up due to many factors. It's those that bought at harvest season that smile |
Re: Here's A Profitable Business To Do Now. by davinchi101: 7:45am On Mar 12 |
We have a group for this business. We give updates on the right time to buy and sell these farm produce. You may call or chat me up on 08144833301 or 08067939659 |
Re: Here's A Profitable Business To Do Now. by davinchi101: 5:06pm On Mar 14 |
As we approach another farming season, kindly note that it's possible to make almost 100% of your capital without stepping into the farm. Just position yourself to buy farm produce at harvest season from farmers, and preserve them against scarcity periods. You're likely to make more profit than even the farmers. It's not a cliché that price of foods hardly remain the same in Nigeria. It would likely skyrocket |
Re: Here's A Profitable Business To Do Now. by TrennixGLOBAL: 5:12pm On Mar 14 |
davinchi101: What is the total cost to starting this business and all expenses involved for someone outside Nassarawa state. |
Re: Here's A Profitable Business To Do Now. by davinchi101: 9:06am On Mar 16 |
TrennixGLOBAL: Storage business doesn't have cost range. You invest based on your financial strength. In September 2023, I invested about 170k into groundnut, and and by December, I was already in 60% profit, and today, I'm in over 100%. So imagine I've invested about 5m into it. Some bought beans at 650-700 in December, and beans is now 1400. That's 100% profit already. See ehn, for as long as you're dealing with human foods, you can't get it wrong. We have a WhatsApp group where we strategies and discuss on this business. WhatsApp me on 08144833301 to get added 2 Likes |
Re: Here's A Profitable Business To Do Now. by WorkTheTalk(m): 9:09am On Mar 16 |
Alright. Thanks for sharing |
Re: Here's A Profitable Business To Do Now. by TrennixGLOBAL: 12:02pm On Mar 16 |
davinchi101: Hmmm that's a very nice biz |
Re: Here's A Profitable Business To Do Now. by davinchi101: 7:12am On Apr 14 |
Happy Sunday to all business persons |
Re: Here's A Profitable Business To Do Now. by davinchi101: 2:54pm On May 11 |
In early April, during the harvest season of locust beans, it was sold for #500/modu. Today, it now sells for 700/modu. That's 40% increment already. Food storage business is actually one of the surest Agribusiness with good ROI if properly carried out. |
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