Nigerian Businesses You Can Launch With N100,000 – Even though Nigeria’s economic and financial situation is getting worse, it is not completely impossible to launch some enterprises with just N100,000. You Can Start an Offline Business with N100,000
The next query would definitely be, “With N100,000, what business concept or enterprise can I start?” Most people struggle with this, especially those who aren’t familiar with the internet or prefer offline to online enterprises.
Are you trying to find an offline venture you can launch with N100,000? Then don’t be concerned; we have you covered. The top 20 offline businesses in Nigeria that you may launch with at least 100,000 naira are included in this post. These companies are successful and can provide you a nice living as long as suitable work ethics are upheld.
Nigeria’s Top 20 Offline Businesses to Launch with N100,000
The best 20 offline businesses in Nigeria that you may launch with as little as N100,000 are listed below.
1. Business for phone and accessory charging
It goes without saying that a large portion of Nigeria’s energy supply is irregular, unpredictable, and at best mediocre. Everyone has to keep connected in this digital age, especially through their mobile devices.
Nigerians who are in severe need of power use payphone charging vendors to charge their phones, typically at a predetermined rate, due to the poor quality of the power supply and the expensive cost of fuel and oil.
An electric generator, an electric socket board with several electric sockets for charging phones, connecting wires, a switchboard, etc. are the essential items you need to establish a phone charging business.
2. The Business of Phone Accessories
Because there is always a market for phone accessories, selling phone accessories like phone cases, earpieces, screen protectors, and other similar items is profitable business. With as little as N100,000, you may launch a business selling phone accessories and after a few months, you can expect to earn very well.
3. Food truck enterprise
For a variety of reasons, including the desire to sate a hunger for a certain meal or dish, or perhaps the individual in question is too busy to prepare their own meals, students, workers, and residents in most urban places typically buy meals supplied by others.
Running any business successfully also requires excellent hygiene and culinary skills.
4. Fruit Juice Production and Sales
Fruit juice is more in demand these days. especially freshly produced, fully organic fruit juice. Fruit juice that is organic has become extremely expensive as a result of the increased demand, making it a profitable operation. In metropolitan regions where fruits are less readily available, the demand for fruit juice is typically higher.
5. Soap Manufacturing
Making soap is another profitable offline company you might start. Since there is such a high demand for soaps, especially organic soaps, it has become a popular business venture. This business can be launched for less than N100,000.
6. Food Products Retailing
You might also start a business selling foods like rice, beans, garri, and other items for N100,000. You can use the 100 to buy important commodities like rice, garri, beans, oil, etc. and start retailing to make money. To increase your revenue from sales, look for a reputable supplier who can provide you with the food products at a lower cost.
7. Palm oil retailing
Because the price of palm oil typically varies seasonally, you might buy it in gallons or 50 liters and sell it in smaller quantities to make money.
8. The Barbecue Business
If you live in an urban area, starting this business can be financially rewarding. As you are aware, there is typically a thriving nightlife in cities, and barbecued meat such chicken, beef, hog, and goat is very popular. It is a beneficial endeavor to enter this industry.
9. Breeding dogs
Dogs are bred in Nigeria for their meat, as pets, or as guard dogs. Starting with three female puppies, which cost around 20,000 naira, is more cost-effective. If fed and cared for properly, they might mate in less than a year.
10. Farming of pigs
In Nigeria, particularly in the south of the country, pork meat is in high demand. A sow is incredibly fertile and can give birth to up to 8 piglets at once. The cost of a young female piglet is around 50,000 naira. Get one right away and get going; if done well, you can expect to earn a respectable amount of money. Npower Employment
11. Farming goats
Another offline venture that you can launch with N100,000 is goat rearing. Goats often grow quite quickly, and Nigeria has a very high demand for goat meat. It is especially advantageous if you select a species with good meat-producing characteristics and rapid maturation. Form JAMB
12. Rabbit agriculture
Livestock that reproduces swiftly and in litters is the rabbit. They are relatively simple to find and incredibly profitable to sell. In most metropolitan and even rural regions, there is a considerable demand for rabbit meat.
11. Computer Business Center.
A computer system, a modest generator, and a printer/scanner are required to launch a computer business center.
14. Computer accessory retail
It can be very profitable and cost-effective to start selling computer accessories like flash drives, memory cards, USB cables, mice, and so on.
15. Photography.
A good camera and a picture printer are necessary to get started with photography. Both items should cost less than N100,000.
16. Laundry Industry
In metropolitan areas, the laundry industry is particularly common. It’s a successful and worthwhile business endeavor. And the setup won’t cost you more than N100,000. WAEC Score
17. A video game store
For those who enjoy playing video games, you may create a store. Your startup costs for a video game store shouldn’t exceed N100,000.
18. The Hairstyling and Hairdressing Industry
With N100k, you can start your hairdresser business by buying basic equipment and weaves. Customers will come to your shop naturally once you’ve proven yourself to be excellent enough.
19. Barbershop
With merely N100k, you may start a barbershop and begin earning money every day from your services.
20. Accessories for Fashion
You can begin creating various fashion items, such as earrings or beads. This kind of business is simple to start, but consistency is essential.