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Let's Do Beans Storage Business - Business - Nairaland

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Let's Do Beans Storage Business by smcotty(m): 10:48pm On Oct 19, 2021
Good Day Nairalanders
I school in the north, Niger state to be precise, it has opened my eyes to the very business opportunity in this state. Here they farm beans, rice, yam, Millet, Egusi in Large quantity and at the harvest time bags are of these farm produce are always cheap and during the planting season the price skyrockets. As at first week of August, Bag of Egusi was 10k, but as we speak, it sells for 27k and above.

December 18th last year I bought 2 beans for 18k each stored it, I sold the two bags in May for 50k each. Even though I regretted it cos RN that same bag is 75k in the north, on getting to Asaba for my holiday I discovered that a bag of beans sells for over 100k.

Right now I need interested persons that we can partner to buy 20 bags or more and store till the price goes up. I'm available to discuss on how we can partner.

I'm an SUG executive in my school, still have two semesters which is starting by January, every information you need about me and this business is readily available.
Re: Let's Do Beans Storage Business by NoApology(m): 11:31pm On Oct 19, 2021
Sounds interesting but....

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Re: Let's Do Beans Storage Business by uthlaw: 12:49am On Oct 20, 2021
smcotty:
Good Day Nairalanders
I school in the north, Niger state to be precise, it has opened my eyes to the very business opportunity in this state. Here they farm beans, rice, yam, Millet, Egusi in Large quantity and at the harvest time bags are of these farm produce are always cheap and during the planting season the price skyrockets. As at first week of August, Bag of Egusi was 10k, but as we speak, it sells for 27k and above.

December 18th last year I bought 2 beans for 18k each stored it, I sold the two bags in May for 50k each. Even though I regretted it cos RN that same bag is 75k in the north, on getting to Asaba for my holiday I discovered that a bag of beans sells for over 100k.

Right now I need interested persons that we can partner to buy 20 bags or more and store till the price goes up. I'm available to discuss on how we can partner.

I'm an SUG executive in my school, still have two semesters which is starting by January, every information you need about me and this business is readily available.
i have interest,trust is the issue.... which school are you?
Re: Let's Do Beans Storage Business by smcotty(m): 9:45am On Oct 20, 2021
uthlaw:
i have interest,trust is the issue.... which school are you?

Yeah I Understand, Well I've Never Had To Look For Investors In Any Business I want to do, just that I can't afford the quantity I want to store.

I'm a student of Federal Polytechnic Bida.

07064905076
Re: Let's Do Beans Storage Business by smcotty(m): 9:50am On Oct 20, 2021
NoApology:
Sounds interesting but....

The Truth is if I had the money to do it myself I won't even put it up here, check my threads, I've done series of businesses which is majorly farm produces.

It's fine and healthy to have trust issues cos I'm someone you know from Adam. But like I said every information you need about me and the storage business is available on request, if you even want to do it on your own I can still tell you all you need to know.

1 Like

Re: Let's Do Beans Storage Business by bestmutiu2019(m): 10:01am On Oct 20, 2021
Like how many months are you to store it?
Method of storage?
Re: Let's Do Beans Storage Business by Teetee777: 11:43am On Oct 20, 2021
You did beans storage last year, you make a profit, did you ask those who did the beans storage year before last year, why not wait for this year beans storage to make a profit also before you call for investors.

Chairman, you are still a learner, learn the storage business-like 3 consecutive years before you call for investors. You buy 2 bags of beans different from the investment of millions of naira.

My 2cent advice
Re: Let's Do Beans Storage Business by smcotty(m): 11:45am On Oct 20, 2021
bestmutiu2019:
Like how many months are you to store it?
Method of storage?

6 months.

Okay there are different types of storage method employed, we bag the beans and spray chemicals that can preserve for up 6 months from insects and it's not expensive.

Getting a shop for the storage is just 25k for 1 year period self.
Re: Let's Do Beans Storage Business by smcotty(m): 11:49am On Oct 20, 2021
Teetee777:
You did beans storage last year, you make a profit, did you ask those who did the beans storage year before last year, why not wait for this year beans storage to make a profit also before you call for investors.

Chairman, you are still a learner, learn the storage business-like 3 consecutive years before you call for investors. You buy 2 bags of beans different from the investment of millions of naira.

My 2cent advice

Thanks For You Advice.

This is the major business people do here, buy and store then sell when the price goes up.

Like I said if I have the money to buy the amount of bags I want I won't be seeking for investors. I've been in this state since 2016 and as such has proper experience and knowledge of the said business.

Once again thanks for your Advice. Even if I don't get people to partner with I'd still buy the 5 bags I can afford.

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Re: Let's Do Beans Storage Business by Opejesu(m): 12:09pm On Oct 20, 2021
Don't seize opportunity in that way. Do you have interest in high demand of price....? Beans is 100k and you look forward to be sold more than that. Don't you know that is the beginning of famine...?

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Re: Let's Do Beans Storage Business by smcotty(m): 8:16pm On Nov 04, 2021
Beans Is Out Guys, if you are interested DM, You Can never make a loss/mistake by investing in this idea.
Re: Let's Do Beans Storage Business by SavageResponse(m): 10:51pm On Nov 04, 2021
smcotty:
Beans Is Out Guys, if you are interested DM, You Can never make a loss/mistake by investing in this idea.

I always find it annoying whenever some one makes a business proposition then ends it by saying there is no risk involved.

This is a big fat lie!

smcotty:


6 months.

Okay there are different types of storage method employed, we bag the beans and spray chemicals that can preserve for up 6 months from insects and it's not expensive.

Getting a shop for the storage is just 25k for 1 year period self.

Doy you realise that the shop could be burgled and the beans stole. That in itself is a risk!
Re: Let's Do Beans Storage Business by mayox25: 11:16pm On Nov 04, 2021
There is no business without risk.
Re: Let's Do Beans Storage Business by smcotty(m): 10:29am On Dec 06, 2021
This is the best time to buy and store beans, you can buy them rent a store and buy chemical, the chemical protects it from weevils for approximately 6 months, beans is project to sell for up to 120k next year reason because there was no much rain fall so beans really did not do well. Normal bags sells for 15k to 20k once they harvest it, but this year it started from 30k 2 weeks ago, RN now it's 40k

For Partnership You can call me or message me on WhatsApp on 07064905076

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