Best Business To Start With 100k in Nigeria
What business can i start with 150k in Nigeria? Below are lucrative business to start with 100k or 150k and be sure of making daily profits.
Few days ago, a friend of mine that just graduated from University of Lagos state contacted me that he has N150,000 and he is looking for any business that he can invest N100,000 to N150,000.
There are lots of businesses that anyone can start with 100k to 150k and be sure of making more gain daily or weekly, but the amount you can gain depends on the location and type of business.
However, the businesses that am going to list here are profitable business that can help you make at least 5k daily income.
10 Good business to start with 100k in Nigeria:
Here are the top businesses that you can make not less than 2000 to 5000 daily from when you start it. Though, not everyone understand how lucrative this business is but am going to break it all down to your own understanding.
READ ALSO: Best Online Business For Students In Nigeria To Earn 10k Daily
Not only that, even if you have more than 100k or 300k you can still invest it into the business to make more gain either online or offline.
1. Football viewing center
Opening a football viewing center is a very good lucrative business to start with 100k to 150k in Nigeria today, these days people watch football a lot because its the most popular game in the country and starting this business will help you make a lot of money.
The good thing is that you can combine this business with other jobs, since matches usually occur at weekend, except if there are champions league matches that usually occur midweek.
You can turn this business into your side hustle even if you are a salary earner or a student you can open this business close to your house.
2. Mobile Food Vendor
Food business is Another business to venture in with 100k to 150k in Nigeria.
Prepare and sell unique and delicious street food items in high-traffic areas. You can be moving from street to streets selling cooked food.
You can even look for space where you can always stay under umbrella and be selling to people as ‘mama put’ with just 100k you can easily start this food vendor business.
3. Online Tutoring
Offering online tutoring services in subjects that your well knowledgeable about, helping students across the country is a good business you can start as a student or teacher.
With 100k or 150k you can start a good standard online tutorial center, you do not need much things to start this business.
All you need are; smartphone with good camera, a white board and marker with a space in your house and nothing else.
You already have a smartphone which you are using to read this article, with that 100k you can get a good standard whiteboard and marker and use the remaining money to do some advertising
3. Mobile Repair Services
Almost every teenager and adult have mobile device these days, when this devices develop any fault, the owner may start looking for where to fix it and you been someone that has the skill, they will have no option than to bring it to you.
Provide repair services for mobile phones, tablets, and laptops, reaching customers in need of quick fixes will help you make a lot of money.
You don’t need much capital to start this business once you have spend 3 to 6 months to learn the skill. With 100k or 150k you can easily venture into this business and make a lot of daily income.
4. Event Photography
You can help people to Capture special moments at weddings, parties, and events, providing high-quality photos and memories while you get paid for it.
You only need the 100k to 150k for advertising to help you get more paying customers. Not just that you need to buy a good camera that can help you take quality photos.
As a photographer you can be making between 100k to 250k per event depending your level of professionalism. Different events holds in our town every day, if you are a professional that can help people to cover their special moment you will make a lot of money from it.
5. POS business
POS business is becoming a one of the lucrative business because of the difficulties that people face when there need cash to pay for there goods, it’s a business you can start with 100k or 150k in Nigeria either in rural area or urban area.
People are always looking for where to perform financial transactions with ease even if bank is close, they will prefer to patronize POS agents.
For you to start a POS business you need to visit your bank and tell them you need a POS machine once your request is accepted the machine will be given to you then you can start charging people for performing transactions for them.
6. Mini Importation
Source affordable products from other countries and sell them locally at a higher price, mini importantion is a good business to start with 100k or 150k in Nigeria.
With mini importation you can be making 50 to 80k per week, just by importing goods from China at a very low price and resell here at a moderate rate.
It is not must that you will have a shop for you to be able to do this business, you can meet people that are selling it locally here and be delivering it to them.
You can be keeping the goods in your house while advertising it, and anyone that needs it you can always deliver to them to there door step, many people have been doing it and many are still doing it.
7. House Painting Services
This has been my side for years now and I will always recommend it to students and unemployed graduates that need money to pay there bills. I started this business with less than 150k but trust me I gain more than 200k for each house I painted.
Offer painting services for residential properties, giving homes a fresh look, is what anyone that like beauty will pay a professional any amount just to get.
You can’t just start house painting services, you need to learn, and when you have become a master you can start painting for people.
The 100k is just for painting or advert to get more clients as most individual do provide paint for the painter.
8. Open cosmetics shop
Nowadays everybody wants there skin to look fine and the cost of cosmetics is currently on the rise, It’s a good business to start with 100k selling things skin care products like; body oil, tubes, make up kits and much more.
This business is one of the few businesses that has a high profit margin depending your location and the number of customers you do get per week.
9. Soap production and sales
I know you must have seen some ladies selling liquid or solid soap, this people are making good money from business you see as just a small business this is because of the high demand of soap in a our different respective home.
If you are a student, stay at home mum or house wife you can start doing this soap production business to earn money from the comfort of your home.
10. Become a real estate agent
The internet today has made the real estate business easier compared to what it used to be years back you can start this business without a capital. The only capital you need is for transportation and money for adverts.
You can create a website, google map, run ads to get more clients with just 100k. All you need to do is find for a land in a good location that is still developing, run advert either on Facebook, Instagram or google.
When you have built a strong clientele you can start get your commissions from deals depending on the plots of the land and agreement between you, the buyer, and the seller.