Opportunity Snapshot
- Country:
Nigeria - Industry: Energy, Natural Resources, Mining
- Stage: Start-up
- Investment size: $200,000 / min. $160,000
- ROI: 55% in 1 years
- Type of investment: Equity
The catfish farming is one of the fastest growing business opportunities in Nigeria. It’s an emerging industry that hasn’t reached its peak or full potential. Image courtesy of Justin Shearer, 2006, Flickr CC.
Investment Opportunity
New setup of skid LPG gas plantInvestors to tap in the fast growing LPG market in Nigeria with a high turnover of 55% In first Year
Investors to tap in the fast growing LPG market in Nigeria with a high turnover of 60% of total invested capital within 14 months.
With Current diversion from DPK to LPG at most homes in Nigeria, there's need for more outlets (plant) to cater for the need.
Competitive Advantage
At the said location, there's presently 2 plant with the highest capacity of 20tons.
With this proposal, we tend to break the market with a higher capacity of at least 30tons
There will always be demand for the products. However, lack of enough plant and the use of modern equipment are the major factors hampering the growth of this industry.
If you can come in with adequate knowledge and the patience to nurture this business, you will reap immensely. Now you can choose to either venture into wholesale and retailing or better still, you can stick just retailing.
Use of financing
Land procurement, office and plant base construction, equipment, product
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