Have you ever thought how much money those involved in cold room business make? if not, I would like you to visit the nearest cold room and see the long and endless queue of market women waiting to buy either frozen chicken or iced fish.
Cold room business is one of the businesses in Nigeria one can invest in and it is certain you would make profit if you are diligent. My uncle who happens to be a multi millionaire today made his money from this business.
WHAT REALLY IS COLD ROOM BUSINESS
This business involves the preservation and selling of chicken, turkey, prawn, fish gizzard, etc.
Before embarking on this business ensure you have decided how large you want your cold room to be. Thereafter you can carry out your feasibility study. I always advice young entrepreneurs to start small by buying from importers and selling to market women or consumers.
Now, decide on what products you wish to sell. you may decide to sell fish, chicken, turkey, gizzard or prawn. But I am strictly advice you start either with chicken, turkey or fish as these product are already on high demand.
THINGS YOU NEED TO START A COLD ROOM
Register your business
Any serious start up in Nigeria today needs to be registered with the cooperate affairs commission, because without your CAC documents your business cant have its own bank accounts and no on wants to trade with you when you run a business on a personal account.
Get a good rented location
Please ensure you rent your warehouse in a very good location with population and ensure you are a bit settled away from competitors so as to avail you the chance to settle down a bit.
Get Good deep freezers
Get good deep freezers where you will store your products since you are starting on a small scale. But if you are starting on a large scale you can get industrial freezers.
Get a very good 5kva generator if you are running on a small scale but you can get a lista diesel powered generator if on a large scale.
Source for products
Most frozen products in Nigeria today are frozen but you may decide to own a poultry farm if you decide on selling turkey and chicken. Though it is advisable you buy from the large scale dealers if you are starting on a small scale.