Top 30 Offline Businesses You Can Start with 100K in Nigeria : Current School News

Top 30 Offline Businesses You Can Start with 100K in Nigeria

Filed in Articles, Business & Entrepreneur by on December 7, 2021

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– Top 30 Offline Businesses You Can Start with 100K in Nigeria –

Although the current situation in Nigeria with regards to the economy and monetary value is on a steady decline, it is not so much a fresh news that some businesses can be started with capital as low as #100k.

Top 30 Offline Businesses You Can Start with 100K in Nigeria.

The next issue definitely would be which business idea or venture to invest the 100 thousand naira you have saved.

This is where the problem lies for most people, especially for persons who aren’t really internet savvy or prefer offline businesses they can actually walk-in into.

Not to worry as we have got you covered.

With proper research on what up is obtainable currently in Nigeria, we have put together a list of the top 30 offline businesses in Nigeria which you can start-up with 100 thousand naira, at least. These businesses are profitable as long as proper work ethics are followed.

Work Ethics or Requisites to Be Successful in These or Any Business Venture(s):

  • Prioritize immediate needs
  • Intelligence
  • Making customer satisfaction utmost

30 Unique Offline Businesses to Start in Nigeria with N100, 000

Below is our pick of the top 30 offline businesses in Nigeria you can start with at least 100 thousand naira.

1. Phone Charging Business 

Offline Businesses You Can Start with 100K

It is no news that the electricity supply in most parts of Nigeria is unstable, erratic, and poor at best.  In this digital age, everyone needs to get connected especially via their mobile phones.

Since the power supply is poor and the cost of petrol and gasoline is expensive, Nigerians with the immediate need to power their phones, payphone charging vendors to charge their phones mostly at a fixed rate.

Things You Need to Start a Phone Charging Business

  • An electric generator. It costs about 30,000 naira on
  • An electric socket board with multiple electric sockets to charge phones. This costs about 10,000 naira to make.
  • Petrol to fuel the generator. 20 liters of petrol costs 2,900 naira. It is advisable to store petrol in bulk by yourself for safety reasons.
  • Connecting wires and switchboard from the electric generator to the electric socket board. These cost about 4,000 naira.
  • A covered or shaded stall. This would protect you and the electric equipment from weather elements to prevent electrocution and damage. This could be wooden with a large umbrella. This would cost about 7,000 naira.

2. Phone Accessories Business

Selling phone accessories like phone casings, earpieces, screen guards and other such phone accessories is certainly profitable since the market for phone accessories is always readily available.

3. Food Vendor Business

In most urban areas, workers, students, and residents have the need to have meals sold by others for several reasons ranging from the need to satisfy a craving for a particular meal to be too busy to prepare their own meals.

Hygiene and good culinary skills are also important requirements for this business.

4. Fruit Juice Production and Sales

30 Unique Offline Businesses to Start in Nigeria with N100, 000

The demand for a fruit juice that is organic is high, hence it is profitable with a low-capital input. The demand is even higher in urban areas where fresh fruits are not readily available.

5. Soap Production 

There are many tutorials readily available for soap production. The demand is high since hygienic activities such as washing would always take place. It is important to locate customers who would patronize you.

6. Food Stuff Retailing

You could start with a bag of rice, beans, and garri. Secure a store or stall and retail these foodstuffs in cups.  For example, a cup of rice is sold at 100 naira. There are about 250 cups in a 50 kg bag of rice. This would be at least 25,000 naira when fully sold in cups. Since a bag of rice costs about 16,500, the profit margin is 8,500 per bag.

7. Palm Oil Retailing

Since the price of palm oil fluctuates seasonally, one could buy when it is cheaper in gallons of 50 liters and retail in lower quantities.

8. Barbeque Business

The nightlife in some cities is very active and barbequed meat such as beef, chicken, goat meat, and pork on local grills are profitable.

9. Dog Breeding

Dogs are bred for meat, as pets, or for security in Nigeria. It is economical to start with 3 female puppies which cost about 20,000 naira to purchase. In less than a year, with proper feeding and care, they would be ready to mate.

10. Pig Farming 

The demand for pork meat is high in Nigeria, especially in the southern part. The demand for protein food is also very high. A sow could lay as many as 8 piglets at a time and are very fertile. A young female piglet cost about 50,000 naira.

11. Goat Farming

Goats grow really fast and the demand for goat meat is high in Nigeria. It is profitable especially if you chose a species with good meat-producing qualities and quick maturity.

12. Rabbit Farming

Rabbits are livestock that breeds fast and in litters. The demand for rabbit meat is also high.

13. Computer Business Centre

You need a small generator. A used laptop and a printer/scanner.

14. Computer Accessories Retail

Computer accessories such as flash drives, memory cards, mice, USB cables are profitable and economical to start.

15. A good quality camera and a photo printer cost less than 100 thousand naira.

16. Laundry business. Especially when it is situated in urban areas, the laundry business is profitable and economical to set-up.

17. Video Gaming Shop

Most Nigerians attach this business to barbing salons.

18. Hairdressing and Hair Styling Business 

You can purchase weaves and basic tools to get you started if you have the required skills.

19.Barbing salon.

20. Fashion accessories making and sales. Beads, earrings e.t.c

21. Video renting shops.

22. Maternity, baby, nursing mother wears.

23. Recharge card retail.

24. Data subscription retail.

25. Pastry-making business.

26. Painting business.

27. Event planning and management.

28. Animal feed retail.

29. Broiler farming.

30. Snail farming.

Video Guide for 30 Small Business Ideas with Low Income

In summary, What’s your take on this? We believe this article was helpful, if yes, don’t hesitate to share this information with your friends on Facebook, Twitter, WhatsApp, and Google plus.

CSN Team.

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