Popcorn Business Plan in Nigeria - Starting a Popcorn Business in Nigeria

Popcorn Business Plan in Nigeria – Starting a Popcorn Business in Nigeria

Popcorn Business Plan in Nigeria – Of all the numerous business ideas and opportunities available nowadays, who would have considered that starting a popcorn business in Nigeria is a lucrative venture? It is true that starting any business is not a piece of cake but with the popcorn business; it can be quite easy and inexpensive.

Also Read: Snacks Production Business Plan in Nigeria

You can start with little capital and make it big time with good planning and marketing. Plus you can work on full time or part time basis from the comfort of your home.

You can venture into any of these 3 categories of the popcorn business;

The One Spot Sale.
Popcorn With a Push Cart and
The Big Scale Production.

When we say “on the spot sales” we mean those small popcorn businesses that have a definite location and cannot be moved from place to place. Those are the ones you find selling in front of homes, shops and street corners. For the “popcorn with a push cart”: it means that your popcorn business is on a set of wheels so can be moved from location to location. The “big scale production “is when one processes popcorn in large quantity and supplies to retailers who will in turn sell for a profit. These are the kind of neatly packages popcorn that street hawkers and supermarkets sell. Respective of the type of popcorn business you wish to start; one thing that makes this business attractive is that the materials involved in the production are not expensive. Even if you don’t have the capital to get into the full scale production, the other modes of business will prove profitable as well.

So this article is designed to teach you how to start a popcorn business, the equipment needed to set up your business and marketing tips and ideas. Ok so let’s start!

Here are the things you need to know before you can start your own Popcorn Business in Nigeria

Write a detailed Popcorn Business Plan in Nigeria – For N10, 000, we will send you a sample popcorn business plan in Nigeria. Our business plan can be used for bank loans, grants, and entrepreneurship competitions. This sample popcorn business plan in Nigeria covers the following aspects: Executive Summary, Business Description, Products and Services, Market Analysis, Competitor Analysis, Sales and Marketing Plan, Operational Plan, Management Team, Financial Plan and Projections

To place order for this business plan, pay N10, 000 to:

BANK NAME: GUARANTY TRUST BANK (GTB)

ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM

ACCOUNT NUMBER: 0044056891

After payment, send the following details via text to 07033378184.

Depositors Name

Your email address

The title of the business plan you paid for (i.e. popcorn business plan in Nigeria pdf)

Your business plan will be sent to your email within 10 minutes after payment.

Learn More: How to Write a Business Plan

Learn the” Corn Poping Skill” – Take out time to learn the skills required in the popcorn business. For example; which type of corn is used , what to look for while buying unpopped kernels from the market, how to mix your ingredients (sugar, butter ,salt) and in what proportion, what amount of heat is needed to pop the corn, preservative measures, how to package your product, marketing tips etc. Research the internet on how to use popcorn making equipment. Learning these skills and ropes will go a long way to guarantee your success. Practice and keep practicing before you set out to start making money.
Equipment and Ingredients Needed

A Popcorn Maker or Machine – There are different types and models of the popcorn maker. Pick the one that best suits your need and capital. If you will be producing in a large quantity, I advise that you go for a bigger, stronger model that can produce sugared and salty popcorn at the same time. Apart from its dual function, It is more durable and process faster that the regular one. Examples of such machines are the ET-POP6A-D or Funpop 8 oz models. If you in an area with constant power outages, you should purchase the popcorn machine that uses both gas cylinder and electricity so that you can switch to both power sources when the need arises.
Ingredients – salt, butter, corn, sugar, vegetable oil, coloring (optional)
Packaging – Branded Wrapping paper/Nylon/ Bags. Your strongest selling point should be your brand. Make sure your package nylon is well branded. Get a professional graphic designer to design your pictures, graphics and logo for your brand. Then use the design for all your nylons and other items like the popcorn wrappers if you are using wrapping papers. This will help you stay ahead of your competitors in this business.
Sealing Machine – This machine is used to seal off the edge of your branded nylon so that the popcorn is not exposed to air. Buy according to the number of workers you have — more hands, more machine, and more productions.
Other kitchen accessories (e.g. Aprons, hats, frying spoons, etc.)

The advantage of this business is that it requires a few materials to operate. As you can see the only major equipment is the popcorn maker. I can say of a fact that with a N100, 000, you are up and running. And the profit margin is quiet huge. Let us do some popcorned math;

From research we have found out that the cost of processing a pack of popcorn on a large scale basis is not more than N40. So if you can sell at N70 to retailers you will be making profit of N30 on each sale. With this projection, if you sell 10,000 packs in a month, you will make 10,000 x N30 = N300, 000 of profit in a month!

Marketing Tips

If you are going to make good money from the popcorn business in Nigeria then getting the perfect location is very important. Picking the right spot is choosing a place where there are lots of people. That is why I recommend the “popcorn with a push cart” and the “big scale production” to the “on the spot” business. With your popcorn pushcart, you can navigate from one desired location to another and the street hawkers and supermarkets that you network with as a big producer can help your product reach a wider range of customers. Example of places you can sell your product are; shopping malls, sporting events, cinemas, festivals, carnivals, outdoor parties etc. You can check in your local TV station and newspapers for forthcoming events. Those are big opportunities to do good business.

Think of ways to improve and expand your business. Example: Once business has proved to be good, purchase one or two more popcorn machines and expand. If you are using a push cart, you can also sell a variety of drinks to go with the popcorn. You can experiment with the taste of your product too (but be careful). Always look and act professional, look neat and be friendly and polite to your customers.

Start your popcorn cart business today and crunch your way to success!

Hurry now and get your own popcorn business plan in Nigeria + feasibility study.

To plan order, pay N10,000 to:

BANK NAME: GUARANTY TRUST BANK (GTB)
ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM
ACCOUNT NUMBER: 0044056891
OR
BANK NAME: FIRST BANK PLC
ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM
ACCOUNT NUMBER: 3066880122

After payment, send your name, email address and title of business plan (e.g. business plan on popcorn production) via text to 07033378184. Your business plan will be sent to your email within 10 minutes after payment. Thank you.