cold room business plan in nigeria

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My Hustle: How I make money from operating a cold room business

Muraina's cold room in Iyana-Ipaja, Lagos.

Cold room business is one of the most lucrative in the SME sector. Every day, some businessmen and women across Nigeria work hard to take advantage of the ever-present need for seafood, poultry products, and beef. Talk about meeting people’s basic needs whilst making cool cash in the process!

Mr Muraina Mobolaji is one of those businessmen involved in the cold room business. In his office located somewhere in the Iyana-Ipaja area of Lagos, he disclosed how much the business is booming. According to him, livestock products are regulars on most Nigerians’ dinner plates. And since the commodities are often perishable, there is the need to preserve them.

But Mr Muraina, 34, has not always been a businessman; much less a cold room operator. He was once a secondary school teacher who became frustrated by the “poverty-pay” and the unpleasant conditions of employment he was subjected to. According to him, he realised at some point that he could no longer take it. As a result, he began putting plans together to start his business.

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Not surprisingly, starting a new business was not an easy decision for the man. But he didn’t it anyway, finally taking the leap about four yes ago by first resigning from his teaching position, and then establishing the cold room. Today, he sells assorted fish, prawns, chicken, turkey, etc.

What is the cold room business about?

Basically, this business entails the preservation and distribution of perishable (livestock) food items; direct from the farms to people’s dinner tables. As you may well know, animal farm produce (such as chicken, turkey, and seafood) typically passes through a long distribution channel before they end up in people’s pots of soups and stews. During this long distribution process, a lot of business activities occur. It is here that SME business owners such as Muraina come in by making sure that your chicken is available for consumption at all times; albeit fresh and with all the nutrients intact.

Please note that the cold room business also involves the sale of other commodities such as frozen yogurt, ice block, ice cream, soya milk, etc. But for the purpose of this article, a clear focus is on the preservation and sale of meat products.

Cold room operation is a multi-billion naira business

Nigerians consume about 1.2 billion birds (mainly chicken and turkey) every year. In the same vein, they consume some 3.32 million metric tonnes of fish annually, according to statistics by the Fishery Committee for the West Central Gulf of Guinea . These stats are indicative of a huge business environment where both farmers and marketers have the potential to make billions in revenues. But just as it is a profitable venture, cold room business also costs quite a lot to go into.

How much is needed to start a cold room business?

After quitting his teaching job, Mr Muraina had to combine his life savings with a bank loan in order to finance his cold room business. According to him, he realised after completing the feasibility study that in order to start and scale the business, he would need at least ₦8 million.

In his own words-

“You know, in every business, you have to either start small or big. I categorise myself as a wholesaler, in the sense that I sell mostly to retailers who in turn sell to consumers. Therefore, to succeed as a wholesaler in this business, one would definitely need to have more seed capital than those starting as retailers.

After conducting my research, I realised that I needed at least ₦8 million before I could start and favourably compete in the business. So I had to get the money by all means.”

What is the money needed for?

As an intending cold room owner, there are two important things that must be sorted out from the onset. These are your equipment- the cold room storage facility, and your power generator. According to Mr Muraina, there are many companies in Nigeria that specialise in the manufacturing, installation, and maintenance of these facilities.

Interestingly, a bulk of his seed capital went into having a large cold room panel purchased, shipped and installed at his present location. He spent about ₦4 million for that alone. He also has a Mikano power generator right beside the cold room which he said was purchased for some ₦1.5 million; second-hand price.

He also needed to spend money to lease the small patch of land on which his business is situated. In the same vein, Mr Muraina had to register his business with the appropriate government agencies, particularly the National Food and Drug Administration and Control (NAFDAC) which gave him the necessary accreditation he needed to operate his business.

How does the business work?

Most of the birds and fish sold in Nigerian cold rooms are imported from outside the country. This increases the cost of doing business for Mr Muraina. Unfortunately, he has no choice but to establish relationships with importers of the products who supply to him at subsidised rates. He, in turn, sells to retailers within the Iyana-Ipaja environs. These retailers include fish sellers at popular markets, women who walk around neighbourhoods singing and attracting people’s attention to come and buy fish, and those who have stores with deep freezers where customers come to buy fish, chicken, or turkey.

Prices differ, depending on what produce and quantity of produce a customer are buying. According to Muraina, “a carton of chicken can sell for up to ₦14,000, depending on the season. Turkey is typically the most expensive, with a carton selling for nearly ₦16, 000. Fish is the least expensive. There are different types of fish, and their prices vary. But for Titus which is mostly demanded by customers, a carton is between ₦11, 000, and ₦10, 000.

“Now because I do sell to end-users sometimes, and some people prefer to buy either half a carton or a quarter of a carton, what I do is to simply divide the price of a particular product by the size a customer wants to buy. However, I do not sell anything less than a quarter of a carton.”

Please note that these prices were confirmed by a roadside fish seller at Iyana-Ipaja bus garage who said that although she goes to Ijora (where the commodities are supposedly cheaper) to buy her goods, the prices are still relatively the same.

Meanwhile, speaking about how much he earns, Muraina disclosed that he can make as much as ₦100,000 in sales on a good day. This, therefore, translates to approximately ₦2,000,000 in monthly sales. This is the kind of money he could never have dreamt of seeing in a month as a public school teacher.

But there are some challenges…

According to the businessman, the cost of running his business is a big challenge. Electricity is the biggest challenge for him, he said. Without an adequate power supply, a whole stock of products could get wasted and result in loss. Unfortunately, the epileptic nature of power supply in the country has not helped his business at all.

“Power supply in Nigeria is in such a very bad state. And it particularly affects people like me who are in this kind of business. I need to ensure that in a day, this facility has an average of fifteen hours of power supply. But where in Nigeria can you get that? Consequently, I have to depend on the generator most of the time. And it is expensive. On average, I spend about ₦20, 000 on diesel every month. I also spend nearly ₦35,000 monthly on electricity bills, payable to the authorities. The unfortunate thing is that most times, they just bring the bills even without giving us enough light through the month. But then I would have no choice than to pay.”

Other challenges include the cost of maintaining both the cold room and the generator. According to him, compulsory maintenance work is always done on the cold room panel once in every three months. This costs about ₦30,000 each time.

Muraina is also “heavily taxed by the Lagos State Government”. Although he refused to disclose exactly how much he pays in monthly taxes, he believes the money is too much and should be reduced to encourage the growth of small businesses like his.

“There are many challenges facing this business. Electricity is the main one. The government needs to focus on solving the electricity problem in order to encourage the growth of small businesses. I always wonder why any government should be so concerned about collecting taxes by the end of every month without even thinking about whether or not businesses are making money.

Also, they should make loans easier for people to access. I had a lot of trouble trying to access a loan when I first started. You see all these organisations parading themselves as “saviours” of entrepreneurship and promising to provide financial facilities to SMEs, sometimes they really don’t. Their conditions are too much to fulfill. And I think it discourages some aspiring entrepreneurs.”

On the brighter side, it is easy to start making a profit in the cold room business. This is due to the fact that many Nigerians are constantly in need of this foodstuff. In Muraina’s case, even though he initially faced competition in the business, it was not long before he broke even; thanks to his established contacts, customer base, and the strategic location of his shop.

In conclusion, cold rooms are playing a huge role in meeting needs, solving the unemployment problem, and stimulating economic growth. In this light, therefore, governments at all levels should work assiduously towards creating a conducive environment for these businesses to operate, particularly by making adequate power supply available. In the same vein, investment in the agriculture sector should be increased in order to reduce the cost of importation of these livestock products which contributes to the hike in their prices.

Emmanuel Abara Benson

Emmanuel Abara Benson is an experienced business reporter and editor. He currently edits articles at Nairametrics. Reach him via email on [email protected] and follow him on Twitter @Mr_Abara for his personal opinions.

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insightful!!!

Great! Pls can I get Muraina’s contact

Thank you for this detailed write up Pls can you drop mauraina phone no or contact to reach him

Good Day Every Dody I will like to introduce my self to you sir/ma I use to build and repairs any kind of Cooling system and again my office is at ilasamaja bus-stop mushin Lagos state Nigeria

you can also WhatsApp me at the contact number below.

09023541423 email: [email protected]

Wow Wow Wow This is insightful. You really dig deep into it. Pls more of this kind of post will be appreciated.

Please Sir how many fits is this

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Starting a Profitable Cold Room Business

As the demand for fresh and frozen foods continues to grow, the cold room business has become an essential part of the food industry.

A cold room is a vital tool for storing and preserving perishable items such as fruits, vegetables, dairy products, and meats.

If you’re looking to start a successful cold room business, this article will provide you with all the necessary information to get started.

Types of cold room business.

There are two main types of cold room businesses which are:

Commercial cold room
Domestic cold room

Commercial cold rooms are used by businesses that require a large amount of storage space for perishable goods, such as restaurants, hotels, wholesale frozen food sellers, and supermarkets.

On the other hand, domestic cold rooms are designed for individual households, providing a small storage area for perishable items.

How to start a cold room business in Nigeria

Starting a cold room business in Nigeria can be a lucrative venture, especially with the increasing demand for fresh and frozen foods.

Before you venture into the cold room business, it’s crucial to have a clear understanding of what it entails.

A cold room is a temperature-controlled storage unit designed to keep products at a specific temperature to prevent spoilage.

It’s essential to have a properly insulated cold room with a temperature control system that can maintain a consistent temperature, typically between 2-8°C.

Here are the steps to take to start a successful cold room business in Nigeria:

Conduct Market Research

Before starting a cold room business, it’s crucial to conduct market research to understand the local demand for cold room services.

Research the competition, the types of products that are in demand, and the location of potential customers.

This will give you a better idea of the type and size of the cold room to build and the kind of equipment to purchase.

Create a Business Plan

A well-structured business plan is crucial to starting any business, including a cold room business.

Your business plan should include a detailed analysis of the market, target customers, funding requirements, equipment needed, staff requirements, and revenue projections.

A good business plan will also help you secure funding from investors or financial institutions.

Secure a Location

The location of your cold room business is crucial.

It’s best to locate your cold room in an area with high demand and easy access to your customers and suppliers.

You may need to obtain permits and licenses to operate a cold room in Nigeria, so ensure that you comply with all legal requirements.

Purchase Equipment

Investing in high-quality refrigeration equipment is crucial for a successful cold room business.

Ensure that you purchase equipment that is energy-efficient, reliable, and durable.

You’ll also need backup generators to prevent product spoilage in the event of a power outage.

Hire and Train Staff

Your staff is a critical component of your cold room business.

Hire experienced and skilled staff and provide them with regular training on proper handling and storage of perishable items.

This will help to prevent spoilage, reduce waste, and ensure the quality of your products.

Branding and Marketing

Develop a brand that resonates with your target market and effectively communicates your value proposition.

Develop a website, social media presence, and other marketing materials to reach a wider audience and grow your business.

Offering discounts and promotions can also help attract customers and retain existing ones.

Comply with Regulations

Ensure that you comply with local and national regulations regarding food storage and handling. Obtain all necessary licenses and permits to operate your cold room business legally.

How much can I use to start a cold room business in Nigeria?

The cost of starting a cold room business in Nigeria can vary depending on several factors, including the size of the business, the location, the type of equipment needed, and other expenses.

However, here are some estimates of the costs involved in starting a cold room business in Nigeria:

Business Registration and Permits

To operate a cold room business in Nigeria, you will need to register your business with the Corporate Affairs Commission (CAC) and obtain permits and licenses from the relevant regulatory authorities.

The cost of business registration and permits can range from N50,000 to N200,000.

Location and Building Costs

The cost of renting or buying a suitable space for your cold room business will depend on the location, size, and condition of the building.

You will need to install insulation, flooring, and other fittings to ensure that the cold room meets the necessary standards for food storage.

The cost of building and fitting out a cold room can range from N5,000,000 to N20,000,000.

Refrigeration Equipment

Investing in high-quality refrigeration equipment is crucial for the success of your cold room business.

The cost of refrigeration equipment can vary depending on the type and size of the cold room and the specific equipment needed.

The cost of refrigeration equipment can range from N5,000,000 to N10,000,000.

Backup Power Supply

Nigeria experiences frequent power outages, so you will need to invest in backup power supply equipment, such as generators or inverters, to prevent spoilage of products during power outages. The cost of backup power supply equipment can range from N500,000 to N2,000,000.

Staffing and Training

You will need to hire experienced and skilled staff to operate your cold room business.

The cost of staffing will depend on the number of employees needed, their experience and qualifications, and their salary.

You will also need to invest in regular training to ensure that your staff is knowledgeable and skilled in the proper handling and storage of perishable items.

Marketing and Branding

You will need to invest in branding and marketing to promote your cold room business and attract customers.

The cost of marketing and branding can vary depending on the channels used, such as social media, advertising, and promotions.

Overall, the total cost of starting a cold room business in Nigeria can range from N20,000,000 to N50,000,000, depending on the size and scope of the business.

It’s essential to conduct thorough research and develop a comprehensive business plan to determine the specific costs involved in starting and running your cold room business in your desired location.

What is needed for a cold room?

These are the things needed for a cold room to be fully operational;

Insulation:

You need to have insulation to prevent heat from entering the cold room, and to ensure that the internal temperature remains at the required level.

The type and thickness of insulation you need will depend on the size and design of your cold room.

Refrigeration Equipment:

It is important to have refrigeration equipment such as compressors, condensers, evaporators, and other components that work together to maintain the desired temperature inside the cold room.

Backup Power Supply:

A backup power supply such as a generator is necessary to ensure that your cold room remains operational during power outages or other disruptions.

This is crucial to maintain the required temperature and prevent spoilage of perishable items.

The flooring in a cold room should be made of non-slip materials such as concrete, vinyl, or rubber to prevent slips and falls.

It should also be easy to clean and sanitize to maintain hygiene standards.

Shelving and Racks:

You need to install shelving and racks to store your items.

They should be made of materials that are durable and easy to clean, such as stainless steel or plastic.

Temperature and Humidity Controls:

It is necessary to install temperature and humidity controls to monitor and adjust the internal conditions of the cold room.

These controls can be automated or manual, depending on the design and size of your cold room.

Adequate lighting is essential for the safe and efficient operation of your cold room. You should install lighting fixtures that are suitable for use in a cold environment and are energy efficient.

In addition to the above, it is important to ensure that your cold room meets the necessary safety and regulatory standards for storing perishable items.

This includes proper ventilation, fire safety measures, and compliance with food safety regulations.

Setting up a cold room requires significant investment in equipment and other expenses, but it can be a profitable venture for businesses that require temperature-controlled storage for their perishable items.

In Conclusion

Starting and running a successful cold room business requires careful planning, investment in high-quality equipment, proper maintenance, and a skilled and knowledgeable team.

With the right strategy, marketing, and brand positioning, you can establish a thriving cold room business in Nigeria that meets the needs of your customers and helps you achieve your business goals.

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Starting a mini cold room business in Nigeria can be a lucrative venture, especially in areas with high demand for perishable goods. The knowledge in this article is also a perfect guide to starting your own mini cold room business in Nigeria

How do you build a cold room storage?

To build cold room storage, you will need someone who has a specialty in building cold rooms and define the type of equipment you will be purchasing for the cold room business so as to get the exact measurement.

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I am Eghosa Kester Igbinigie, the owner of StartBizEasy.com and Richnuggets.com. As a business enthusiast, writer, and speaker, I hold a degree in Business Administration (BSc) and own several successful businesses

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DOWNLOAD COLD ROOM BUSINESS PLAN SAMPLE

Looking for a cold room business plan for your new or existing enterprise in Nigeria or anywhere globally?

Download this cold room business plan template which you can download to present to NIRSAL, BOI, BOA, and other investors.

Most foods are perishable, they require cold storage to prevent their spoilage, especially meats and seafood like chicken, meat, fish, turkey just to mention a few. This has allowed for this business to be very profitable in this part of the country and is not readily available due to the bad power supply in the country making it necessary but not abundant; hence the demand is higher than the supply.

Prior to starting this business, draw up a business plan to help you navigate a profitable course in terms of your business.

BUSINESS PLAN TEMPLATE FOR COLD ROOM BUSINESS

1.0. Industry Overview

The business is a chip of the whole block of the Refrigerated Storage Industry, meaning sharks in this industry offers other temperature-controlled services (refrigerated warehousing, storage facilities) which may include freezing with blasts and other processes asides food preservation which the cold room is sought for, especially in this part of the country.

The industry saw a surge in the rate at which investors were coming in due to the ban of poultry food importation into the country. And the industry is still very unsaturated even if it is just a chunk of another industry because asides from meat preservation, fish and dairy products preservation are services that can be provided by this industry and also ice block production.

The sizes of the cold room may vary depending on the scale of the business, asides from capital; the market the cold room intends to cater for will also determine its scale. A large-scale cold room will seek to offer its services to wholesalers, it will need to include packaging and importation of the items it will be preserving for wholesale in its bid. A small-scale cold room on the other hand will seek to retail its services and will only sell to its neighborhood.

Securing a space, maybe a warehouse (for large scale) would be necessary and also provide a constant supply of power then install needed facilities, also you have to consider the proximity of your cold room to the point where you will be getting your products from.

2.0. Executive Summary

Icyy Cold Room and Frozen Food Items is a registered cold room business that will be based in Sango Otta in Ogun State. The location was well sought considering it being close to the border and also the market potential in the location is huge, the area is home to a lot of residents and other small businesses. Although we will concern ourselves with our immediate environment, this will not hinder our progression towards being known across the borders of Ogun state as we will work hard and ensure we extend our tentacles deep into Lagos state and other states in the South West region with our roots running deeply at our starting point.

As a business just starting out, we have obtained all permits and licenses at all tiers, we have the zeal to go the extra mile without breaking any laws of the nation and also to hire efficient and hardworking and dedicated individuals that will help push this business to the summit.

Our goal is to position Icyy as the best in the industry when it comes to procuring food preservation services ensuring impeccable services, swift delivery, quality maintenance, cold delivery services and hygiene. This might seem like building castles in the air but with hard work, determination, and feasible plans, this is very achievable and is far from a shot in the dark.

3.0. Products and Services

The importance of having quality products and services should not be undermined in any business and it is not undermined here at Icyy. Following the rules, regulations and policies set by concerned bodies in the country, we have the intention of making profits from this line of business at the same time offering the best and ensuring wellness by making sure hygiene is our utmost priority. A list of products we will be offering will include;

4.0. Our Business Structure

A cold room business will work just fine with a handful of employees and few skilled and trained personnel who would handle technical issues and an inventory manager and also an accountant. But in our mission to build a top-flight cold room, we have plans to employ competent hands and get all hands on deck. The following positions will be available at Icyy Cold Room;

Chief Executive Officer
Cold Room Manager
Human Resources Manager
Accountants
Customer Services Personnel
Technician(s)
Sales and Marketing Manager
Information Technologist

5.0. SWOT Analysis

After employing the services of a business consultant, we came up with a SWOT analysis for our business. Together we were able to examine the potential of the business idea after looking through our business concept together, also we were able to assess ourselves to ensure we were fledged to run a standard cold room that will not be shut out by competitors.

Below is an assessment we deduced;

The strength of Icyy Cold Room lies in the proposed distribution network and additional services it will offer which includes cold delivery options, impeccable hygiene and customer feedback. Also the relationship that we seek to establish with other frozen food companies whether big or small will help cement our stand in the industry

The likes of our business can be noticed in the area we are setting up base due to factors mentioned earlier, so this is a major weakness.

Opportunities

Opportunities are unlimited to the business itself and this is also bolstered because of the location we are setting up, although there are competitors in the same are but as we said we harness our strengths to help us garner the trust of consumers.

Threats are unlikely as food is very essential, but in the case of an economic downturn, we might be affected, although purchasing power might decline this will not amount to a total shutdown in the consumption of meat.

Also one of the threats are our competitors which we will not be much of a threat once we have rallied the consumers to our side.

Another set of threats will be unfavorable government policies.

Our Target Market

Retailing or distributing frozen foods has a huge customer base. The products we offer can’t just be targeted on a particular demographic. Then again, even if everybody eats meat, not everybody buys it directly from the cold room so here is a list of our target points, if we are to be specific with the scale at which we will be operating;

Restaurants
Frozen Food Retailers

How To Download Cold Room Business Plan Sample

Above is a part of the cold room business plan template in Nigeria. If you want the complete cold room business plan sample with the full financial plan, calculations, and more, follow the procedures to download it.

Pay the sum of N5000 ( Five thousand naira only) to the account detail below: Bank: GTBank Name: Oyewole Abidemi (I am putting my name and not our company account so you know we are real people and you can trust us) Ac/No: 0238933625 Type: Saving

Thereafter, send us your email address through text message to +234 701 754 2853 . The text must contain the title of the business plan you want and also your email address. Immediately after the confirmation of your payment, we will send the cold room business plan template in Nigeria to your email address where you can easily download it.

Dr. Abi Demi is a skilled technical writer and author with specialties in the martech and fintech space. Featured on Tekedia, Coin Review, Business Insider, Fintechna, Cryptocoin.news, Date 360 and several other sterling online publications, Demi is an astute technical writer that specializes in finance, marketing and technology - with over 500 published pieces across the internet ecosystem. Contact Abi Demi - [email protected]

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How to Start Cold Room Business in Nigeria

Interested in starting a cold room business in Nigeria? If YES, here is how to start a cold room business checklist with no money and no experience.

Starting a Cold Room Business In Nigeria

Planning a cold room business in Nigeria is usually for two major investment purposes; ice-block making and frozen food business. Ice-blocks are sold in solid bars to drinks vendors as well as to caterers and event organizers for the cooling of drinks.

Frozen food business ideas involve the preservation of seafood and poultry products, beef, and fruits. Popular food items that move fast in the frozen food business include chicken, turkey, fish, meat, prawns, shrimps, etc.

A cold room is designed in form of a large container-like freezer used for the commercial purpose of preservation under low temperature. Cold rooms can be imported or locally constructed here in Nigeria.

Locally manufactured cold rooms are very popular because of their cost of acquisition and assembly as well as their durability. If you are interested in investing in cold storage, the first step is to rent or purchase a space that is conspicuous and adequate.

Common machines/equipment needed for cold room business include;

—–» aluminum casing —–» freezing compartment —–» power supply (generator) —–» stabilizer —–» ice-block molding container —–» deep freezers

The type, brand, and capacity of the cold room to be installed depend solely on your intended size of production and finance to invest in the cold room business. Most businesses use locally fabricated cold rooms. Bigger companies have the financial strength to buy imported ones.

From experience, high-quality cold rooms are more durable and easier to maintain. There are basically two types of locally fabricated ice-block-making machines. The average locally made ice-block machine usually has issues with the salt solution being used as the refrigerant so many cold room manufacturers in Nigeria have done away with this option.

You can buy newer designs from cold room manufacturers which resemble deep freezers that you just bag water with cellophane and get your bars of ice block turned out within three hours.

30 ice blocks in 12hours
5,000 watts stabilizer (185k)
7.5kva diesel generator (N160k to N190k)
100 ice-blocks in 12 hours
Two 5,000 Watts stabilizer (390k)
15 kva diesel generator (N350k-380k)

Don’t Miss: Top 10 Lucrative Business Ideas In Nigeria

12 hours is the maximum time required for the first batch of ice-block to be produced. For subsequent batches, the machine would only need 9-10hrs for ice block production. An imported ice-block-making machine from Germany with the capacity of producing up to 50 blocks sells at 2.1 million Naira.

It has an inbuilt compressor so there is no need for an external stabilizer. Cold room owners also make money from rentals.

Here is a list of daily rental fees for cold rooms in Lagos and Ibadan.

bag of fish– N600
carton of chicken and turkey- N1,000

Prices And Capacity Of Cold Rooms In Nigeria – Buying And Installation

3 Tonnes Cold Room

capacity – 200 bags of fish or 3000Kg of poultry products or meat. price – #850,000. power – 35kva generator (N2.2million)

5 Tonnes Cold Room

capacity – 500 bags of fish or 5000Kg of poultry products or livestock. price – #1.6 million. power – 50kva generator (N3.4million)

10 Tonnes Cold Room

capacity – half a container of fish more than 10,000Kg of poultry products or meat. price – #2.1million. power – 75kva generator (N4.1million)

How Lucrative Is Cold Room Business In Nigeria?

How Profitable Is Cold Room Business In Nigeria? There is an enormous financial prospect in starting a cold room business in Nigeria.

To succeed in the cold room business in Lagos and other parts of Nigeria, you should focus on food items with steady demand and adjust your business strategy with the seasons. Ice-blocks sell faster during the dry season while the sales of chicken, turkey, and meat are unending shooting up during festive periods.

Make sure your cold room is installed in a location with a stable power supply so that you can make higher returns on your investment by reducing the cost of diesel used to fuel generators.

Pls can u recommend one or two cold room builder & their phone no. Thanx

Kindly link me up with as an expert on this buisness. thanks

I am interested in the business but first, I would like you to link me to an expert in this business who can coach me.

Please link me up with who can build one

Please, l will be grateful if you can link me up with an expert on this field. Thanks

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Saturday, May 11, 2024

Business Ideas

How To Start A Cold Room Business In Nigeria.

Would like to know how to start a cold room business in Nigeria?

Cold room business is one of the most lucrative in Nigeria SME sector. It is a business that can change your life if you invest in it.

Every day, businessmen are trying to take advantage of the need to preserve food products like seafood, poultry products and beef in the country. they make cool cash while they meet the basic needs of most Nigerians.

You will like to make this money too. Read on to find out how to start a cold room bus business in Nigeria and make cool cash from cold room business.

How To Start A Cold Room Business In Nigeria.

How to Start a Cold Room bus in Nigeria

Some of the ways of how to start cold room business in Nigeria, we will discuss extensive.

Before choosing your cold room business niche, the most important thing is to make a cold room business plan on how to start the business and make a profit. If you really want to make it big in this business, you would have to do the following.

Make a proper market survey

How to start a cold room business in Nigeria, require you making a proper market research.

This step is a very important for the business because it help you decide on the right niche for you. You need to carry out research on the existing cold room businesses in the area you want to establish your business. You can conduct a survey by asking cold room owners and retailers who buy and sell frozen food.

While making your research, you must consider the demand for cold room service and the power supply in the area. It also makes sense to find out whether the competition is already high in the area or not.

Choose a cold room niche

Another way on how to start a cold room business in Nigeria is through choosing a cold room niche.

After carrying out a thorough market survey, you have to select a niche that is too competitive in the area. From the market survey you made, you can decide if you want to going into poultry, fish, or help people preserving their product.

Choose a site for your business

Cold room business in Nigeria, especially in cities like Lagos, Abuja, port Harcourt requires a location with access to an excellent road network. The cold room should be sited near an industrial area or market. This will make it easier to attract customers for the business.

This business does not require much land space. You can get a 1 plot of land or even ¼ for the business. However, you should not setup the business in a residential area because you may need high power supply. You will not want to pollute the residential area with the generator’s noise or smoke.

Procure the required equipment

How to start a cold room business in Nigeria, will require you to procure the required equipment.

Next is to get the equipment you need for the business. Here are some of the equipment you need:

Measuring scales
Refrigerator
Polythene bags
Drum of water
Cutting planks
Packaging supplies
Safety equipment
Cooling van, and much more

Purchase an alternative power supply

Power is not amenity businesses rely upon in Nigeria. you need to have a stand-by alternative source of power (generator) for the business. Be sure to buy a sound-proof generating set to prevent noise pollution. If you can afford a solar power equipment you can buy it too.

Registering your business is very important in Nigeria. you need to choose a name for the business and register it with the Corporate Affair Commission.

Getting a license may not be necessary if you are stating on a small scale. However, you will definitely need to register with the relevant state, local government authorities and other unions regulating the business in the area.

Find interested distributors and retailers

Retailers and distributors are very important if you want to be successful in your cold room business, so you need to contact them. You can contact canteens, market women, schools, fast food, hotels, shopping malls, shops, supermarkets, restaurants and so on to make product distribution faster.

Do effective marketing

Marketin helps to promote your business. Once you have your business up and running. You can explore reliable means of advertisement based on your budget. You can also leverage on social media and advertise your business. If you have enough money, you can advertise on other media platform like handbills, flyers, television and radio

Now that you have a knowledge of how to start a cold room business in Nigeria, what are you waiting?

Starting a business in Nigeria may be stressful and capital intensive. However, if you need is to follow the steps in this article, you will find it very easy to start the business. All you need is have the idea on the niche you are entering.

Take the bold step today by launching your own cold room business and start earning.

Take The Bold Step and Start up your Cold Room Business Today.

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About Enterprise Mind

Cold Room Business in Nigeria: How to Get Started

Cold room business in Nigeria is one of the multi-billion naira, silent businesses. Right here from where I am sitting, I can count up to five multi-millionaires that I know made their money from cold room/ food preservation business.

What does cold room business entail?

It involves selling of pre-packaged and preserved food items in Nigeria. When you say cold room business in Nigeria, what readily comes to mind is Frozen Fish or poultry products like chicken and turkey but it goes far beyond that.

There are other products that are sold by cold room operators including frozen yoghurt, Ice Cream, Ice Block, Soya Milk, Prawns and basically, any food item that needs refrigeration as a means of preservation.

Starting a card room business in Nigeria involves taking the following steps-:

First, you have to look for a very good warehouse which you can use as your cold room. The place needs to be spacious and well ventilated in order to guarantee adequate preservation of your products.

Determine Your Scale of Business

There are different scales of cold room business in Nigeria. You can either go for the small scale cold room business which would only entail selling to immediate customers or go full scale, which would involve manufacturing/packaging or importing your products yourself.

For people who want to engage in small-scale cold room business, all you need is a good shop, refrigerators or a min-cold room, constant power supply and of course, access to cheap supply of products.

Registration with NAFDAC

Since you would be dealing in consumable food items and may also be importing some of your products, it is necessary to register with NAFDAC. You can visit their website, www.nafdac.com for more information on this. However, this is only required for large scale businesses.

Determine Products to Sell

You should look around you and do a proper research on the most lucrative items to sell. I could tell you that Frozen Fish and Chicken are some of the fastest selling products but what if it doesn’t sell in your location due to stiff competition? The onus therefore rests on you to determine what products would sell faster and better in your location.

Construct a Cold Room

You need to hire someone to construct a cold room for you if you cannot afford already-made ones. If you are running your business on a large scale, refrigerators alone might not be sufficient.

Constant Electricity Supply

PHCN is not your friend in this business; they would mess you up. So get yourself a good, strong stand-by generator to provide constant access to electricity. This is extremely important in order to avoid goods going bad due to absence of electricity.

Determine Source of Supply

Where would you get your goods from? This is a very important decision to make. If you are venturing into frozen fish, meat or turkey business, it is possible for you to process and package your products yourself.

You could have a farm where you would raise live chickens or livestock and then have them slaughtered and processed for sale upon maturity. You can also process and package other products yourself. This would guarantee you more profit than when you import products.

Other things you would need for this business include packaging supplies, measuring scales, tables, polythene bags or cartons, bowls, knives and support staff.

60 thoughts on “Cold Room Business in Nigeria: How to Get Started”

I have interest in the business, with a small capital, I need funding to help start it with the hope of paying back within a record time.

Can i establish a standard cold room business in my compound which is situated in a residential area? I will be distributing my products to customers with a refrigerating van.

How profitable is a cold room business? I have an old cold room facility I intend to upgrade and start off.

What are the challenges aside power supply? How do you take stock? Are there pilferage of the cold products? Etc

Can I start a coldroom business with 1..5 million naria using about 5 freezers? If so, which generator will you advice for the capacity?

PLEASE I AM INTERESTED IN BUILDING COLD ROOM

I can design one for u chat or call me on 09034770151

Pls I’m urgently interested in starting this business,I need ur support on how to start.

I am Christy from China. As a manufacturer of cold room over 10 years, we specialize in a full line of cold room refrigeration solutions,from design to installation and maintenance, we provide one stop cold room storage solutions for you. Any needs, contact me.

How much is a mini cold room?

i am interested, can you come to Nigeria to set it up for me?

I am in Nigeria, imo state and am very keen to start up this business, pls contact me on +2348105050869, it’s urgent

UR CONTACT PLS

I am interested.

If you want a cold room installed for you,please call me on 07066900607. My company will work around your budget based on what you want. Location is no barrier.

please lets talk. call 08054651710

Pls can I own a cold room with N400k?

I love to go into this cold room business but what does it cost to start a profitable one. Av already had a contact and promising support of a company that import fishes into Nigeria

As a manufacturer of cold room, we specialize in a full line of cold room refrigeration solution including cold room panels and doors,Bitzer,copeland condensing units, evaporators and condensers, quick freezer,ice making machines,refrigeration parts etc. cold room ,prefabricated cold room, cold storage,freezer room, blast freezer room,walk in freezer room, chiller room, and cold room storage.

Pls add me up ,lets chat ..08100960511

I like this platform,I want to go into cold room business soonest.

l am interested in having a cold room in Lokoja can you enlighten me detail cost to get started. Need your involvement in the materials needed and the construction.

We can help you with our experienced team. Our company desing, produce and supply for you all needs of cold rooms with customized solutions. please contact me at [email protected] wwww.tamcold.com

Can your company design a solar powered cold room

Thank you for this eye opener. Please, I need a consultant to enable me avoid sloppy path

PLEASE HOW CAN SOMEONE GET INVESTORS TO FUND THE BUSINESS.BECAUSE AM INTERESTED.AND I HAVE NO MONEY TO FUND START THE BUSINESS.

please drop your number let’s talk coz I want to start the business

What are the products of a cold room business

PLEASE, I WOULD LIKE TO START UP A COLD ROOM BUSINESS @ ASABA & AGBOR DELTA STATE @ MEDIUM SCALE LEVEL. CAN U PLEASE HELP ME WITH AN APPROXIMATE INITIAL COST OUTLAY & SOME OF THE BASIC THINGS I WOULD NEED FOR THE TIME BEEN!

I Have a 26footer cold room for sale. its Tokunbo, very clean going for 3.7M Call me on 0809 182 2290 if you are interested

I need the contact of someone already in the business and that of an engineer that can build a cold room pls

call 08036320881

hi Sir , I’m Tina from Moon referigeration. We provide one-stop custom service. We also have engineers can go abroad, if you want ,I can show you our factory in ten minutes. Wish we have a nice talk, nice to meet you!nice day!

Thanks&best regards Tina Qi

Am in imo state, Nigeria, how do I get to talk with ur company, I want to start the cold room business +2348105050869

I want to start a cool room business in Nigeria,Lagos to be precisely. I will like to know if you will drop me your number to be able to talk to you asap.

Hello bro.. Can I have your number so we can talk? I want to start same in ilorin kwara state.. 08167305493

I want to start cold room business in uyo. I need a starter pack of medium scale.

hey bro, i want to start one too in uyo. can we meet.

Hello Solomon have you stated your cool room business if you have can you please put me through because I want to start but don’t know how. Any help will be appreciated 09069193592 am also in uyo

Hello Solomon have you stated your cool room business if you have can you please put me through because I want to start but don’t know how. Any help will be appreciated

I me abt wholesale prices of frozen foods

Please I’m interested in starting up a small scale cold room business, please I need links of frozen foods suppliers, my shop is at Ikeja airforce base, I need a contact of someone who can be supplying the products at a very cheap retailed price.

I’m engineer

Pls can you help with a link of how to get a midum new or fearly used cold room. The cost and how to get.

I have a cold room to sell for 400,000 working perfectly call 09085299968

were the location.

GOOD DAY WHAT IS THE SIZE HAVE YOU BEING USING IT WHAT IS THE CAPACITY OF GENERATOR THAT CAN OF THE COLD ROOM / DO YOU HAVE A RELIABLE ENGINNER HOW MANY YEAR WARRANTY IS THE PRICE NEGOTIABLE AND WHERE ARE YOU BASED IF I BUY IT CAN I START USING IT IMMEDATELY OR I NEED TO SERVICE IT IF YES HOW LONG WILL THE SERVICING TAKE

Is it still available for sale?

There is a cold room for sale in Lokoja kogi state with adequate papers.call 08104488146

PLEASE I AM INTERESTED IN BUILDING COLD ROOM and even getting yours if for say. lets talk

Did you have Any Branches in Nigeria?

Hello, pls can you direct me where i can get already made New or Fearly used mini cold room for cold room business

Sir I’m an engineer if u need any size, I will do it for u

post your contact details so we can reach you on it.

I am interested in getting a cold room from your construction, please call me on 08050292728

Am interested in a cold room in kogi state …i need a link of an engineer..

My contact 07035777218

I NEED YOUR DETAIL SO THAT WE CAN NEGOTIATION,MR DESMOND

Please I need this urgently

Please I need starter pack for Cold business based on the following; Introduction of the cold room viability of cold room cost outlay assets require

Pls share info on setting up a Cold Storage and supermarket. I’m interested to set up one in Malaysia

Cold Room and Food Preservation Business Plan Financials, Model and Financial Projections Excel Template

₦ 5,500 | shub Category: Financial Plans & Projections

Click to Download

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Description
Technical Details

Overview of Cold Room and Food Preservation Business in Nigeria

Cold room business in Nigeria, likewise referred to as frozen foods business, is just one of the most lucrative businesses to start at any time, or season. While many people have no idea that this money-spinning business is profitable, a lot of Nigerians have ended up being multi-millionaires as a result of investing in cold room and food preservation business. It is nearly impossible for people to eat a meal without accompanying it with a fish, meat, or chicken, thus the need for more cold room and food preservation business in Nigeria. This business is not as competitive as the majority of the businesses out there. From fish to meat, turkey and chicken, there will constantly be a demand for frozen foods consumption daily.

Potentials of Cold Room and Food Preservation Business in Nigeria

Cold room and food preservation business is becoming more lucrative day after day in Nigeria. The rate at which it is demanded has geometrically increased. Fresh food is conveniently available at the village however in the cities, it is not the situation. People are just left with no choice other than to consume frozen foods in the cities.

Steps to Setting up Cold Room and Food Preservation Business in Nigeria

First, you need to try to find a great warehouse which you can make use of as your cold room. The place has to be large and well ventilated in order to ensure adequate preservation of your products.

Identify Your Scale of Business

There are various scales of cold room and food preservation business in Nigeria. You can either opt for the small-scale cold room and food preservation business which would certainly involve selling to immediate consumers or go large scale, which would certainly include manufacturing/packaging or importing your products on your own.

For people that wish to engage in small-scale cold room and food preservation business, all you require is a good shop, refrigerators or a mini-cold room, consistent power supply and obviously, access to affordable supply of products.

Registration with NAFDAC

Since you would certainly be dealing with consumable food items and might likewise be importing a few of your products, it is required to register with NAFDAC. You can go to their site, www.nafdac.com to learn more on this. Nevertheless, this is just needed for large scale businesses.

Determine Products to Sell

You ought to look around you and do a thorough research on one of the most profitable products to sell. I might inform you that Frozen Fish and Chicken are a few of the fastest selling products however suppose it does not sell in your area because of stiff competition? The onus therefore rests on you to identify what products would certainly sell much faster and much far better in your location.

Construct a Cold Room

You have to hire a person to build a cold room for you if you cannot pay for already-made ones. If you are operating your business on a big scale, refrigerators alone may not be sufficient.

Constant Electricity Supply

PHCN is not your pal in this business; they would certainly mess you up. So get yourself a great, solid stand-by generator to give continuous access to electricity. This is incredibly crucial to avoid goods going bad because of lack of electricity.

Determine Source of Supply

Where would you obtain your goods from? This is a crucial choice to make. If you are venturing into frozen fish, meat or turkey business, it is possible for you to process and package your products on your own. You might have a farm where you would rear live chickens or animals and after that have them slaughtered and processed for sale after maturity. You can likewise process and package various other products on your own. This would certainly guarantee you more profit compared to when you import products. Other things you would require for this business include packaging supplies, measuring scales, tables, polythene bags or cartons, bowls, cutlass, knives and support personnel.

Overview and Features of the Excel Template

The excel template comes with a powerful presentation and a thorough financial analysis and model for succeeding in this business venture. The template will enhance your chances of getting grants, attract investors and bank loans.

Inside this template, you will get:

3 years Income Statement.
3 Years Financial Position
Cash flow Statements
Trial Balance and Account Charts.
Automated Macros to make the template faster, user friendly and accurate with little or no manual input.
24/7 Support from our team of financial experts and analysts.

Ms Excel Template

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DeKoolar Morgue Cold Storage Room Solutions

De Koolar Nigeria Limited has the indigenous capacity to design, fabricate and manufacture quality morgue/postmortem Cold Storage Room, Refrigerated Chill Cabinet, Body Storage Trays, adjustable racking and Stub Roller System and other postmortem process equipment.

We provide an end-to-end solution for Cold Room Business Plan; taking your project from design through to manufacturing, supply and installation in your facility.

DeKoolar Morgue Solutions come in a variety of model designs, sizes and specifications according to each client’s project requirements for Cold Room Business Plan.

Coldroom Construction

The room panel will be constructed from foamed-in-place urethane insulated modular panels that provide a high density rigid insulation. These modular panels are typically 4″ thick (R34) but can also be supplied in 5″ (R42) and 6″(R56) thickness. The urethane to metal bond with vinyl gaskets to flanges at angle 90 will provide an airtight seal as well as tremendous strength. The insulated panels will be UL-Fire Test Approved, and will have a low frame spread rating of 25 or less. We use Italian panel and Swing Door and 304 Grade (18 gauge) stainless steel in morgue fabrication projects.

Conditioning Equipment

Usually, we mount Cooling System on the roof of most constructed morgue. Our Condensing Unit is made up of the condenser (copper), liquid receiver, vibration spring/absorber, lock up valve, solenoid valve and Copeland or Bitzer compressor (Made in Germany), R404 Refrigerant, R22 gases while our evaporator consists of the evaporation coil, heater and evaporation valve with equalizer.

Condensing Unit components:

Compressor (Bitzer or Copeland) Condenser coil (Copper) Double fan for heat extraction Liquid receiver Oil separator Low & high pressure switch Drier/Filter Vibration absorber Solenoid valve Sight glass

Evaporator components:

Copper Evaporator coil Aluminum casein Double fan Expansion valve Heater

Control Panel

Our coldroom control panel is equipped with the following:

Phase failure/monitor device
Overload protector
Digital Thermometer
Defrost timer
Delay timer
Selector switch
Pilot Light

Other Details:

Coldroom Power Capacity: 380-415 volts ( 3phase)
Body Colour: White/Off-white
Door Type: Swing
Flooring: Fully insulated floor structure reinforces with WPB plywood/Tiles/Checkered plate

1 thought on “DeKoolar Morgue Cold Storage Room Solutions”

Pls i need price for 6 in 1 mortuary fridge

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Business Plan

Frozen Food Business Plan in Nigeria | Cold Room Sample Feasibility Study

by BusinessPlan Leave a Comment

Our sample frozen food business plan in Nigeria is updated regularly and can be used for loan acquisition, grants and investment purposes.

Over the last few years, the frozen food business has gradually but steadily grown to become one of the largest and fastest growing industries in Nigeria. Like I always say, any business that is food related has a potential to become big, it will only depend on how serious the business owner is and how much capital is available to run the business. The frozen food business owes its top flight business status to the continually growing population, the increasing bustling nature of the average Nigerian family, especially those with a working class status.

Also Read: How to Start Frozen Food Business in Nigeria In fact in the cities, it is quite difficult to gain access to fresh farm products of this class (by this I mean chicken and fish of different classes). This is quite different in the rural areas where you can readily gain access to these, but then again most rural towns are fast evolving into urban centers and the urban centers are growing into metropolitan cities, a major effect of urbanization.

The frozen food business has made it easy to gain access these foods in comfort and at affordable prices, this has made the business thrive in even the toughest of terrains. Depending on the time of the year and the product being sold, the profit raked in by these frozen food business owners can be between two hundred thousand and three hundred thousand naira monthly for an average store.

Presently, on the average you can buy a kilogram of chicken for about #1,200, same goes for a kilogram of turkey and for fish it ranges from #600 to about #1,500 per kilogram depending on what kind of fish you are buying. These prices were far lesser just about two years ago, with a kilogram of chicken going for #650, invariably this tells us that the price will most likely continue to rise. This shows that staying with this business can mean one will be grossing quite an amount of profit at the end of the year, it is a very profitable business.

Inasmuch as the business is very lucrative, there are a number of things that should be considered and set in place before starting up this business to avoid woeful failure. There are several hazards that could rise from running the business, these hazards need to be adequately prepared for to avoid unnecessary problems on the long run. If these can be sorted out efficiently, the business owner can be sure of raking in a good amount yearly from profits.

Things Needed to Start a Frozen Food Business in Nigeria

Below are a few suggested steps required to start a frozen food business in Nigeria, this is only a guide and the steps are written in no particular order. I will also not be stating particular amounts to avoid misleading you, as prices of most items depend on the location of the proposed business.

Take an Intent Study of the Business and Choose your Niche . Starting a business without making considerable deliberate efforts to study the terrain first is like a man who wants to build a house without a foundation. It is simply a disaster waiting to happen. Take time out to study the business both theoretically and practically. There are several materials online that will give you in depth knowledge on how best to run the business, the eventualities that may arise and how best to combat them. You should also visit other existing stores in your area that you deem successful to see how they run their business, learn from their errors and successes. Your study will also help you discover what niche you will be able to run effectively, if you want to run a specialized business or you want to sell a variety.

Write a Business Plan . Your business plan is a map which guides you throughout the lifespan of the business. It is therefore imperative that every business, no matter how little it may seem, should have a plan written down. A lot of effort is required in making a business plan and most of the information needed is the information gotten from the feasibility study. You will be required to take massive surveys relating to the business and also make intelligent projections. This business plan will help in raising interest from investors and also give you an opportunity to apply for a bank loan without stress.

If you cannot write a frozen food proposal for yourself, you can buy our Frozen Food business plan in Nigeria.

To place order, pay N10,000 to:

BANK NAME: FIRST BANK PLC ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM ACCOUNT NUMBER: 3066880122

After payment, text your full name, email address and title (frozen food business plan pdf) to 07033378184. Your business plan will be sent to your email within 15 minutes.

Raise Business Capital . Having a business plan does not mean the business will automatically kick off. You will need to raise capital to start the business and as we all know, capital is the amount of money required to start up or run a business. The size of the business at start up is largely dependent on the amount of capital available at start up. There are several ways of raising capital, some of which include, personal savings, raising loans from banks, attracting investors, gifts and loans from family members and friends. It is important to put a proper structure on ground for raising capital because it will determine how long the business will last on the long run.

Get a Befitting Location . The location of a business will also contribute largely to how well the business will thrive, how many customers will patronize the business and how much profit the business owner will gross at the end of the day. For every kind of business there is a specific kind of area that is suitable, frozen food business is not an exception. For this business, depending how big you want to become, you might be looking at getting a place that will allow for future expansion. You should consider getting a place that is quite accessible to your prospective customers, the place should also have access to good electricity. This will reduce the amount of money spent on a generating plant. As you know it, a major requirement for a frozen food business is constant power supply.

Register with the Required Associations . There are several bodies in charge of regulating food related companies in Nigeria. Before starting up your frozen food business you should consider registering with them to avoid unnecessary embarrassment. Some of these bodies include, National Food and Drugs Control (NAFDAC), Standards Organization of Nigeria (SON), State or Federal Ministries of health, and of course the Corporate Affairs Commission. In your location there will also be associations that control the activities of frozen food marketers in that area, you should find out what it takes to be a part. These kind of associations have key roles to play to ensure the smooth running of your business. A note of warning however in joining market associations is to make proper inquiries to be sure the association will not be one that drains your business from levies.

Plan Your Storage System . This will require a lot planning, but the plan should have been taken care of in your business plan. There are several measures to be set in place for proper storage of frozen food, your choice will largely depend on the scale at which you want to run. The storage measures could range from using regular freezers to larger freezers and cold rooms. It is advisable to start little and then grow except of course if you have a very large capital. Your storage system will determine to a large extent how well your business will thrive, you should be looking at a storage system that is durable and can retain coolness of the supplies for longer periods. Proper freezing ensures that your produce are kept crisp till they are purchased by customers. If they are not properly preserved, it will adversely affect your sales and profit levels, you might even lose loyal customers.

Challenges of Frozen Food Business

Power Issues . The rate of power supply in Nigeria is quite alarming, it is a major cause of concern for a frozen food business owner as the business is almost completely dependent on electricity. Without electricity you cannot power your storage devices, meaning that you will be heading for a major loss as these supplies are perishable. So before even getting any supplies at all, you should ensure that you have sorted out power supply issues. Your best bet in Nigeria presently is getting a standby generator, the sizes may vary depending on the size of your business. Ensure the generator is capable of powering your storage devices, it must also be versatile so that it can accommodate a change in devices, just in case you are planning to expand.

Freezer Burn: This happens when your products loose their original taste because they have been in your freezer for a long time. Therefore you will have to do everything that you can to sell off your products as soon as possible.

No Customers: You should make sure you do a proper feasibility study so that you do not go and open a frozen food business in an area where people will rather eat live chicken or fish then frozen.

Do What Others Don’t . One thing that will stand you out from the crowd of frozen food businesses in your area is doing something they normally do not do, bring something different to the table. This will be a major scheme to help grow your client base. An example of this is providing home delivery services, which could come at a little extra cost. Think outside the box and you will be sure to grow your client base within the shortest possible time.

Build Your Client Base . This is expedient because for any business at all to make profit, it must have a client base. It is your clients that will bring you the profit you desire, so you must invest in reaching out to them and attracting them to your business. Understand the kind of things they need, and invest in making those things available. Do as much publicity for your business as you possibly can, do not depend on just the usual techniques for frozen food businesses. If you want a different result then you must do something different. There are several methods of publicity asides just a signboard in front of your shop, design fliers and posters, utilize social media to inform people about what you do.

Here is a list of likely materials and equipment you will need to purchase when starting up your frozen food business:

Coolers, seats, tables, generating sets, a store, fan or other cooling system, storage devices (fridges, freezers, cold rooms, etc.), knives, scales, squander receptacle, etc. You might also need a sales personnel depending on how big the business is at start up.

Challenges of Frozen Food Businesses in Nigeria

In Nigeria, a major challenge of frozen food businesses is that of power supply. The power supply is somewhat erratic, this means that for those without access to generating sets, they will lose a lot because their supplies will get spoilt when there is inadequate power supply. It also leads to additional costs as the purchase and maintenance costs of running the generator will lead to extra cost placed on the commodities so that there can be a balance in profit and expenditure.

Another major challenge is government policies. Should there be a change in policies with respect to this sector of the economy, there will be an adverse effect on the business. Some time ago, there was a policy banning the importation of frozen foods, it cost a lot of business owners a lot as most of their goods were seized.

In conclusion, the frozen food business option is a viable one which can bring in much profit. The growth of the business however depends largely on the zeal of the business owner, the management techniques and the measures taken to publicize the business. A major issue to be noted is where you get your supplies from. You should ensure that your supplier is someone who is trusted to provide top notch products which are free from diseases and are healthy for human consumption. With all these in place, you can be sure to make some good profit within the shortest possible period of time.

Get your own frozen food business plan in Nigeria ! To place order, Pay N10,000 to:

BANK NAME: GUARANTY TRUST BANK (GTB)

ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM

ACCOUNT NUMBER: 0044056891

BANK NAME: FIRST BANK PLC

ACCOUNT NUMBER: 3066880122

After payment, send your full name, email address and topic (i.e. Frozen Food Business Plan pdf) to 07033378184. Your business plan will be sent to your email within 15 minutes.

Standard Cold Room Business Plan with 3-year Financial Analysis

Here is a standard cold room business plan with a 3-year financial analysis for you to use and source funds for your business venture. Whether you are a new business or an existing business looking for funds to scale your business up, you definitely need a business plan and this standard business plan on the cold room would help you save time and cost.

The business plan is in MS Word while the 3 years financial analysis is done in excel. The standard cold room business plan with 3 years of financial analysis would be delivered via email (soft copy).

What is this cold room business plan all about?

Cold room business is one of the most lucrative businesses in Nigeria. The statistic here would really convince you.

Nigeria consumes 1,500,000MT of poultry meat. Of the total demand, Nigeria can only produce 30% while the remaining 70% is imported or smuggled into the country and according to CBN, Nigeria spends about $3 billion annually on imported frozen meat.

In addition to that, Nigeria’s annual fish demand is estimated at 3.3 million metric tons (mmt) and over $170 million (N61.2 billion) is spent importing frozen fish.

With this statistic, the demand is very high, and the cold room business is very lucrative.

So this standard cold room business plan focuses on frozen products (poultry, aqua etc)

What are the benefits of getting this standard cold room business plan?

The main benefit of getting this standard cold room business plan with a 3-year financial analysis from us is to enable you to source funds to either start or scale up your business. A business fund is key to growing your business. below are more benefits:

Save Money – When you get this business plan, you save a lot of money. Instead of engaging a developer that will charge you up to N100,000 for a standard business plan like this, you save a lot of money with our already developed business plan.
Save Time – Instead of wasting your precious time trying to figure out how to prepare a bankable and acceptable business plan, this business plan takes care of that.
Map out the direction and give you clarity of purpose.

What Format is the Business Plan?

The business plan comes in MS word format and the 3 years financial analysis in MS excel. There are 2 documents that would be delivered to your email address.

The business plan documents are in soft copy so that you can easily make changes and modify them to suit your needs anytime and anywhere.

How can We Work Together?

There are two ways we can work together:

Get our already developed business plan at an affordable price and make some changes to suit your needs like changing the name of the business, contact detail, management team etc and the business plan we have here falls under this category.
Contact us for us to develop a tailor-made business plan. With this option, we will first send some questionnaires to you and the information about your business, structure and what you need would be researched on and a professionally done and more detailed business plan that is tailored to your needs would be developed for you. Kindly follow this link to contact us and also check the packages we have.

What do the 3 Year Financials Projections Cover? The 3-years financial projections done in an excel sheet covers startup cost, fixed monthly expenses, cash flow, income statements, balance sheets, sales projections, breakeven analysis, salaries and wages, the ratio among other analyses.

Released/Last Updated Date : April 2021

Format: MS Words and Excel(3 financial analyses)

Table of Contents

Take a look at the table of content:

1) Executive Summary: The summary includes an introduction, products, and services description, marketing, and sales among others

2 ) Company Overview : this includes

Mission Statement
History and Current Status
Markets and Products
Keys to success

3) Product or Service description.

4) Industry and Market Analysis

Introduction
Industry analysis
Market analysis
Customer analysis
Competitor analysis
SWOT Analysis

5 ) Marketing Strategy

Target Market Strategy
Product/Service Strategy
Pricing Strategy
Distribution Strategy
Advertising and Promotion Strategy
Sales Strategy
Marketing and Sales Forecasts

6 ) Operations

Operations Strategy
The scope of Operations
Operating Expenses

7 ) Development

Development Strategy
Development Timeline
Development Expenses

8) Management

Company Organization
Management Team
Administrative Expenses

9) Summary of Financials

Financial Assumptions
Financial Forecasts
Projected Cash Flow
Income Statements

iii. Balance sheet

Profit and loss
Profit Margin, chart etc
Financial Risks

10) Appendices

Support for Product/Service Description (e.g., diagrams, pictures, etc.)

Financial Statements

Income Statement [3 years]
Balance Sheets [3 years]
Cash Flow Statements [3 years]
Ratio Analysis [3 years]
Other supporting financial statements

How to Access This standard cold room business plan with 3-years financial analysis

This standard cold room business plan with 3-years financial analysis should cost you N20,000, but you are not going to give you for that amount. But for today and for a limited time, we will give you for Only N10,000.

How to Pay and Access The Business Plan

Method one – Online Payment

Pay online using a credit or debit card and download the documents immediately.

Click here to pay online now and download immediately

Method Two – Bank Deposit, Internet/ATM Transfer/Mobile Money etc

You can access the documents by paying cash or doing bank/internet transfer or ATM transfer to any of the following accounts below:

AFTER PAYMENT: Please text or email your name, phone number, payment details and your email address to 07031542324 or [email protected] and your standard cold room business plan will be sent to you as soon as possible.

OTHER STANDARD BUSINESS PLANS

If you need already developed plans, check the ones we have developed below:

1) Standard Poultry Business Plan with 3 years financial analysis 2) Standard Catfish Business Plan With 3 years financial analysis 3) Standard Pure Water Business Plan with 3 years financial analysis 4) Standard Cassava Processing Business Plan with 3 years financial analysis 5) Standard Palm Oil Business Plan with 3 years financial analysis 6) Standard Pig Business Plan with 3 years financial analysis 7) Standard Fashion Business Plan with 3 years financial analysis 8) Standard Snailery Business Plan with 3 years financial analysis 9) Standard ICT Business Plan with 3 years financial analysis 10) Standard Zobo Business Plan with 3 years financial analysis 11) Standard Shoe Making Business Plan with 3 years financial analysis12) Standard Restuarant/Fastfood Business Plan with 3 years financial analysis13) Standard Makeup/Spa Business Plan with 3 years financial analysis

CHECK FULL LIST OF ALL THE BUSINESS PLANS WE HAVE HERE

If you need a tailored business plan to be developed for you, kindly visit here to choose from our packages

WHAT CUSTOMERS ARE SAYING

firefox 29/12/2015 , 04:52:47 PM https://mail.google.com/mail/u/2/#inbox/151ee3b5bd5c053b Poultry Business Plan - utibeman@gmail.com - Gmail - Mozilla Firefox

I want to say a big thank you for the business plan you sent. The plan is rich and detailed and professionally developed as explained on your web page. In fact, the plan is worth more than the price. I have gone through the financial template and I have made some changes to suit my needs and would present it to my banker next. Am I going to present it together with the financial template or should I only present the business plan?

I have gone through the financial template and I have made some changes to suit my needs and would present it to my banker next. Am I going to present it together with the financial template or should I only present the business plan?

Can I also send it for you to help me review the financial before I submit?

Mrs. Esther Enudi

If you have any question, don’t hesitate to call me on 07031542324 or 07055141542

07031542324 or 07055141542

utibeman(@)gmail.com

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How To Make Money Operating A Cold Room Business in Nigeria

Posted on March 26, 2020

There is no doubt that the food industry is among the most lucrative in Nigeria. Did you know you could make good money from operating your own cold room in Nigeria ? Yes! So far, the country has both small scale and large scale cold room operators who make great profits.

To join this money making venture, there are some important things that you might want to know. Here are tips on how to make money operating a cold room business in Nigeria:

Invest A Considerable Amount of Capital

To make money, you will need money. This is where capital comes in. It is worth noting that cold room business basically entails refrigeration and preservation of food for sale. This alone requires amenities and resources such as a warehouse and refrigerators. Not to mention the registration fees of the business, and the establishment of the cold room itself. In this view, it is clear that you will require a considerable amount of capital to have your business running. You would not want to face inconveniences or even a shutdown due to lack of the necessary resources.

On-Demand Products Are The Best

It is important to have a business mind when establishing a cold room. This implies that at no juncture should you be ready to go at a loss. Although some of the occurrences in businesses prompt losses unwarranted, you have the obligation to mitigate such. One of the ways of doing so is by focusing on on-demand products. These are the kind of products that have a high demand in the market and move rather faster as compared to others. Dealing with such products gives you a competitive advantage, in the sense that you will be in a position to establish a strong

brand and domination in the market quite fast. This goes concurrently with increase and growth in profits for your business.

Be On The Right Side of The Law

Anyone who has ever conflicted with the law when it comes to business can confirm how frustrating the experience can be. In fact, it is possible to lose all your investments or even close down your business for lack of compliance with the government provisions. In this regard, you must make sure that you have fully complied with the government provisions, including obtaining the respective letters of operation and meeting the standards required for consumables.

Capitalize on Deliveries

One of the strategies used in luring clients is offering delivery services. Whether in small quantities or bulk, deliveries are always seen as a point of convenience in Cold Room businesses. In this case, you might want to invest in a delivery van equipped with refrigeration and storage facility. With such mobility, it becomes easy to reach out to as many clients as possible, hence expanding your income cap.

The idea here is to identify and unearth opportunities as they come your way. Most importantly, you should seek product differentiation strategy, as a way of creating a distinct mark in the cold room market

#Cold room #Blast freezer #HVAC

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COMMENTS

A Sample Cold Room Business Plan Template
The cost for hiring Business Consultant - N50,000. Insurance (general liability, workers' compensation and property casualty) coverage at a total premium - N20,000. The cost for payment of rent for 12 month and renovation inclusive - N500,000. The cost for construction of standard commercial cold room - N250,000.
My Hustle: How I make money from operating a cold room business
Cold room operation is a multi-billion naira business. Nigerians consume about 1.2 billion birds (mainly chicken and turkey) every year. In the same vein, they consume some 3.32 million metric tonnes of fish annually, according to statistics by the Fishery Committee for the West Central Gulf of Guinea. These stats are indicative of a huge ...
Starting a Profitable Cold Room Business
Business Registration and Permits. To operate a cold room business in Nigeria, you will need to register your business with the Corporate Affairs Commission (CAC) and obtain permits and licenses from the relevant regulatory authorities. The cost of business registration and permits can range from N50,000 to N200,000.
DOWNLOAD COLD ROOM BUSINESS PLAN SAMPLE
Above is a part of the cold room business plan template in Nigeria. If you want the complete cold room business plan sample with the full financial plan, calculations, and more, follow the procedures to download it. Thereafter, send us your email address through text message to +234 701 754 2853. The text must contain the title of the business ...
Cold Room Business in Nigeria
De Koolar Nigeria is a leading cold room construction company in Nigeria, which has been around for over 25 years. With us by your side, you can get whatever you need to start a successful cold room business in Lagos, or anywhere else in Nigeria. If you really want to venture into a cool multi-millionaire Naira profit-spinning cold room ...
How To Start Cold Room Business In Nigeria
7.5kva diesel generator (N160k to N190k) Model B. 100 ice-blocks in 12 hours. Two 5,000 Watts stabilizer (390k) 15 kva diesel generator (N350k-380k) Don't Miss: Top 10 Lucrative Business Ideas In Nigeria. 12 hours is the maximum time required for the first batch of ice-block to be produced.
Here's what you need to know about cold room business
Equipment needed to operate a cold room. For a small-scale cold room business, the main pieces of equipment are: · One or two deep freezers: · A stabilizer. · A generating set. For those that want to start on a large scale: Buying or constructing a cold room— Currently, prices of cold rooms vary with the number of features such as cold ...
How To Start A Cold Room Business In Nigeria
Make a proper market survey. How to start a cold room business in Nigeria, require you making a proper market research. This step is a very important for the business because it help you decide on the right niche for you. You need to carry out research on the existing cold room businesses in the area you want to establish your business.
Cold Room Business in Nigeria: How to Get Started
When you say cold room business in Nigeria, what readily comes to mind is Frozen Fish or poultry products like chicken and turkey but it goes far beyond that. There are other products that are sold by cold room operators including frozen yoghurt, Ice Cream, Ice Block, Soya Milk, Prawns and basically, any food item that needs refrigeration as a ...
Full Business Plan
HOW TO START A COLD ROOM BUSINESS is a comprehensive COLD ROOM business plan that will assist you with all the needed ideas and plans to start COLD ROOM business in Nigeria. This COLD ROOM business plan will help you have quality idea on cold room design, how cold room is constructed, cold room prices in Lagos, cold room prices in Abuja and ...
How To Start A Cold Room Business In Nigeria
The Nigerian law requires any person operating a business, whether big or small to have the respective letters and certificates of operation. If your intention is to establish a large scale cold room, then you will have to register with NAFDAC. Small scale cold room business also demands registration with the relevant authorities.
Cold room Business Plan in Nigeria
Cold room Business Plan in Nigeria. Posted on March 11, 2020. 1. Choose the size of Coldroom you want. Your budget and your business plan is very important in choosing the size of coldroom you want. 2. Choose the type of product to store in the coldroom. 3. Choose your location to site the coldroom
Cold Room and Food Preservation Business Plan Financials, Model and
Overview of Cold Room and Food Preservation Business in Nigeria Cold room business in Nigeria, likewise referred to as frozen foods business, is just one of the most lucrative businesses to start at any time, or season. While many people have no idea that this money-spinning business is profitable, a lot of Nigerians have ended up being multi-millionaires as a result of investing in cold room ...
How to Build a Successful Cold Room Business in Nigeria
In this article, we will explore the steps you need to take to set up a successful cold room business in Nigeria, including market research, business plan, financing, and installing a durable cold room facility. Conduct Market Research. It is important to understand the demand for cold storage solutions in your area and what types of products ...
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Coldroom Power Capacity: 380-415 volts ( 3phase) Body Colour: White/Off-white. Door Type: Swing. Flooring: Fully insulated floor structure reinforces with WPB plywood/Tiles/Checkered plate. At De Koolar Nigeria Limited, we provide an end-to-end solution for the best Cold Room Business Plan so contact us and let us know what you need!
Cold Room Sample Feasibility Study
If you cannot write a frozen food proposal for yourself, you can buy our Frozen Food business plan in Nigeria. To place order, pay N10,000 to: After payment, text your full name, email address and title (frozen food business plan pdf) to 07033378184. Your business plan will be sent to your email within 15 minutes.
Standard Cold Room Business Plan with 3-year Financial Analysis
Cold room business is one of the most lucrative businesses in Nigeria. The statistic here would really convince you. Nigeria consumes 1,500,000MT of poultry meat. Of the total demand, Nigeria can only produce 30% while the remaining 70% is imported or smuggled into the country and according to CBN, Nigeria spends about $3 billion annually on ...
COLD ROOM BUSINESS PLAN IN NIGERIA
We help institutions and organizations write concepts, implement Business plans, and train on business Plan writing in Nigeria. We can help you write a detailed, bankable and comprehensive business plan for your business idea. Call any of our business plan consultants on 08105636015, 08076359735 and 08113205312.
How To Make Money Operating A Cold Room Business in Nigeria
you could make good money from operating your own cold room in Nigeria? Yes! So far, the country has both small scale and large scale cold room operators who make great profits. To join this money making venture, there are some important things that you might want to know. Here are tips on how to make money operating a cold room business in ...
COLD ROOM BUSINESS IN NIGERIA
The Cold Room Business entails the storage, preservation, and distribution of perishable food items; direct from the farms to the consumers. Farm produce majorly poultry produce, (such as chicken, turkey, and seafood) typically passes through various distribution channels before getting to the consumers. During this distribution process, a lot ...
How To Build A Successful Cold Room Business In Nigeria
Depending on the size of your cold room business, you may need to secure funding through loans or investments from banks, venture capital firms, or other sources. Be prepared to present your business plan and financial projections to potential investors or lenders. Promote your business.

My Hustle: How I make money from operating a cold room business

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Starting a Profitable Cold Room Business

Table of Contents

How to start a cold room business in Nigeria

Conduct Market Research

Create a Business Plan

Secure a Location

Purchase Equipment

Hire and Train Staff

Branding and Marketing

Comply with Regulations

How much can I use to start a cold room business in Nigeria?

Business Registration and Permits

Location and Building Costs

Refrigeration Equipment

Backup Power Supply

Staffing and Training

Marketing and Branding

What is needed for a cold room?

Insulation:

Refrigeration Equipment:

Backup Power Supply:

Shelving and Racks:

Temperature and Humidity Controls:

How do you build a cold room storage?

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Cold Room Business in Nigeria: How to Get Started

Determine Your Scale of Business

Registration with NAFDAC

Determine Products to Sell

Construct a Cold Room

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