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Nairaland Forum / Nairaland / General / Business / Become A Rice Producer Without Owning A Rice Milling Factory. (1395 Views)
Rice Milling Business (parboiled Rice Production) In Nigeria / Lady Shocked As Slay Queen Who's Owning Her N52k, Sends Her 2k Out Of It. / How I Became An Oil Dealer Without Owning A Filling Station (2) (3) (4)
Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 2:03pm On Nov 12, 2020 |
Due to popular demand, we have launched a contract rice processing services for clients. We are making it possible for anyone to venture into rice production business without owning a processing facility. How It Works. We will procure raw materials (poorly milled rice) on your behalf from the north and take it for further processing at our partner rice milling factories in Kaduna State. At the factory, the rice will be destoned, polished, graded and color sorted. The end result will be perfectly milled, well polished and stone free rice, packaged in 50Kg bags. The packaging will be in your own customized sacks. If you cannot afford to make your own sacks, we can use our own sacks for packaging your product. Viability Of The Business. As at the time of writing this , poorly milled rice sells for an average of thirty two thousand naira (N32,000) per bag (A bag weights between 100Kg – 105Kg). Raw Material = N32,000 Processing Fee = N3,000 Sacks For Packaging = N700 (For two bags) Service Fee = N1000 Total = N36,700 After further processing, you will get two 50Kg bags of well polished and stone free rice. This implies that it will cost N18,350 to produce 1 bag of good quality rice. If for example it cost N1,150 to transport 1 bag of rice to your location, your total cost will be N19,500 per bag. As of today, good quality rice sells for between N23,000 to N27,000 in the market depending on your location. Assuming you sell to resellers at the least cost of N22,000; Gross Profit = Total Revenue – Total Cost = N22,000 – N19,500 = N2,500. A person that is able to invest N390,000 to get 20 bags of rice, will be able to make a profit of N2,500 x 20 = N50,000. If he does three cycles in a month, that translates to a profit of N150,000 per month. How To Get Started. Simply send a message to us via: Email: business@planbiz.com.ng WhatsApp: 09022106607. In your message, please state the following: 1. Number of bags you want to get (We can only do a minimum of 10 bags) 2. Whether you want to use our branded sacks, or your own customize sacks. 3. Location you want it delivered. Thank you and wishing you all the best in your quests. Originally Published At: https://planbiz.com.ng/rice-milling-service/ 1 Like 1 Share |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by IRIENBOY(m): 2:27pm On Nov 12, 2020 |
Nice 1 Like |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by IRIENBOY(m): 2:34pm On Nov 12, 2020 |
17850+1150=19000 1 Like |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 3:39pm On Nov 12, 2020 |
IRIENBOY: Thanks for the observation. I have updated the post. It is actually N18,350 not N17,850. |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by GideonG(m): 4:16pm On Nov 12, 2020 |
If you need rice in large quantities I can send it for you from Gombe Unpilled Current price N13,500 per bag, big bagco bag. I can source 500 bags or more |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 10:03pm On Nov 12, 2020 |
GideonG: Ok |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 7:36am On Nov 13, 2020 |
We are at your service.. |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 11:56pm On Nov 13, 2020 |
TheSparrow: |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 10:12am On Nov 14, 2020 |
Good morning. We are at your service. |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by Solution89(m): 10:35am On Nov 14, 2020 |
Ok |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 10:16pm On Nov 14, 2020 |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 10:11am On Nov 15, 2020 |
Good morning. |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 11:18pm On Nov 15, 2020 |
December is fast approaching. Cost of rice will rise again. Take advantage of this opportunity now. |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 5:19pm On Nov 16, 2020 |
TheSparrow: |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by Dowenship(m): 7:12pm On Nov 16, 2020 |
How much if u are transporting to lagos |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 7:18pm On Nov 16, 2020 |
Dowenship: As at today, N18,350 will produce one 50Kg bag. Budget 1k - 1.2k for transport to Lagos. Regards. |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by Dowenship(m): 7:23pm On Nov 16, 2020 |
TheSparrow:OK thanks...ur line do we can talk better |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 7:27pm On Nov 16, 2020 |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 8:21am On Nov 17, 2020 |
Good morning. We are at your service |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 5:52pm On Nov 17, 2020 |
We are at your service |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 8:32am On Nov 18, 2020 |
Good morning TheSparrow: |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 10:38pm On Nov 18, 2020 |
TheSparrow: |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by supersdo520: 4:12am On Nov 19, 2020 |
Many years after he suddenly was reported dead of natural cause and few years after his golden jubilee, facts are now emerging on the reasons that led to First and Second Republic political heavyweight, Late Chief Obafemi Awolowo committing suicide. It was learned that he did it to stem the tide of a possible military court martial into an insurrection he was planning to lead alongside his political associates at the time when it became evident that then Military President, General Ibrahim Babangida was intending staying in power forever. |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by katki1: 3:30pm On Nov 19, 2020 |
As of today 19th Nov,the least price of 100Kg Nigeria Rice is N42,000 at Dawanau Kano and N48,000 at Bwari FCT. |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by TheSparrow: 4:09pm On Nov 19, 2020 |
katki1: Fully processed?? For poorly milled, price have increased a bit, but not upto that. Will keep increasing as we approach December/Christmas though. |
Re: Become A Rice Producer Without Owning A Rice Milling Factory. by IRIENBOY(m): 1:12am On Dec 17, 2020 |
How much is the poorly produce 100kg now, please |
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