How Profitable is Pure Water Business in Nigeria?

How Profitable is Pure Water Business in Nigeria?

bags of pure water
Many people are considering pure water business in Nigeria because everywhere you go in Nigeria, you will see people selling pure water, pure water business is very popular because it cost a little, aside from that. Many Nigerians have no access to clean and healthy water, so everyone is depending on the supply of pure water by people who do the business.
Today in Nigeria, if you go to Parks, Shops, Eateries, supermarkets and so on, you can buy pure water, so many business-minded people are considering the business, but one big question that comes to mind is, “How profitable is pure water business?” this is a very serious question that needs to be answered.
Pure water business is very profitable, it is one of the few businesses you can do in Nigeria and be rest assured that you will come out in profits, this is because the demand for pure water is high and the demand keeps increasing, despite the fact that many pure water factories are introduced every year, pure water supply is never enough.
Almost everyone consumes pure water, only a few people can afford bottled water but anyone can afford pure water because it is cheap.
We will discuss further on pure water business so you can get to understand everything about it and whether to go into the business or not.

What is pure water business like?

Pure water business is the production of sachet water then packaging it in a big bag and then distributing it to consumers, this is a very popular business in Nigeria because not many people can afford bottled water, and sachet pure water is very much cheaper than bottled water.
Pure water can be bought in almost every corner of Nigeria, some individuals even sell only pure water as their businesses, these pure water sellers are in every motor park across Nigeria, and they are also everywhere on the streets because of the demand for clean water in Nigeria is high and yet, the clean water system is not available.

Cost of setting up a sachet water factory in Nigeria

The cost of setting up a pure water factory in Nigeria ranges anywhere from ₦500,000 to ₦1,500,000. This depends on many factors, such as the size of the pure water factory you want to start, where you want your pure water factory to be located and the things that you already have to start such as an apartment or a water system.
Some people already have a dependable water system, and some people already have an apartment that they want to use for their pure water business, so it all depends on these things, these are the things that will determine how much you will need for your pure water business in Nigeria. 

How much does pure water cost in Nigeria?

The price of pure water in Nigeria is from ₦10 to ₦30, depending on your location and also where you are buying. In some parts of Nigeria, things are cheaper while in other parts things are more expensive, and also, if you are buying pure directly from the factory, it will cost much lesser than when you are buying from a supermarket.
But pure water basically doesn’t exceed ₦30, whether you are buying it from a supermarket or a local store, the low price of pure water is the reason most people consume it and even prefer it to standard bottled water. The standard bottled water costs around ₦100 to ₦300 depending on the size and also where you are buying from.
Bottled water is much more expensive in a spar than it is in a supermarket, and it is even cheaper in a local store than it is in the supermarket, so it really depends on where you are buying from.
As for a bag of pure water, it costs around ₦100 to ₦150, but when buying from the factory or buying in large quantities, it will cost a lot cheaper of course.

How to start a pure water business in Nigeria?

Starting a pure water business in Nigeria seems like a lot of work and also needs a lot of money, but it really is a very simple business to do, provided you have everything you need in place, anyone can actually do the business, the things you need are not much, especially if you want to start small.
All you need to start a pure water business in Nigeria is, a registered business, a borehole, an apartment, a pure water sealing machine and a few workers, I’ve seen many people start pure water business and scale it in just 1 year, and the business is still running till date.
But if you want a detailed step-by-step guide on how to start a pure water business, you can read the recent post that I made titled How to start a pure water business in Nigeria. Everything you need is packed in that blog post so reading it will be like getting all the instructions you need, so make sure you check it out.
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Conclusion

So there you have it, if you are asking “How profitable is pure water business?” I believe that this post has answered your questions if you are already making a decision to start a pure water factory in Nigeria, I will say it is an awesome decision, all you need is a bold step and you will already be up and running.
So if you have any questions regarding this post, leave them in the comments section, also help me share this article on your social media so that others will also learn from it, plus it is a great way of saving this post for later reference, thanks for reading and I wish you good luck.

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