How to start an Ice cream business in Nigeria

Ice cream is a popular treat that is mostly enjoyed during the dry season by everybody both the old and the youths, rich or poor especially the children and ladies. The demand for ice cream in Nigeria is on the rise. Ice cream has different flavours, a smooth surface, cooling and invigorating impact. Ice cream contains sugar, fats, protein and minerals etc. It is usually made from dairy products, such as milk and cream, and often combined with fruits or other ingredients and flavours.

The market for ice cream in Nigeria is widespread and your ice cream business is strategically located, you will make sales. Different ice cream flavours includes the following although not limited to: Vanilla flavor, Banana, Chocolate, Blackberry, Strawberry, Mint cream, Lavender, Raspberry, Red velvet

Start an ice cream store

The ice cream store will be located in a strategic place like a mall, offices, schools, markets or a commercial area where you will sell your ice cream products to potential clients. Clients will walk into the ice cream store and make their order. In order to have an ice cream store you will need to acquire a location or rent a space and hire experienced employees

Start an ice cream vending cart business

Starting an ice cream vending cart business will give you access to different locations, gatherings, and events. You could even choose to go to festivals and concerts in order to make more sales. This is a huge market for your ice cream industry which brings a huge profit. But before you venture into the ice cream vending cart business, you will need to have an understanding of different states regulations guiding street vending or sales.

PROCEDURES AND GUIDELINES ON HOW TO START AN ICE CREAM BUSINESS IN NIGERIA

In order to start a successful ice cream business in Nigeria, you will need to follow the following guidelines and procedures:

Decide on the ice cream business or services to render

This should be your first step when starting an ice cream business, you have to decide on the ice cream business opportunity that works out for you according to the finances you have available or the state laws governing it. Several ice cream opportunities includes owning an ice cream store, becoming an ice cream producer, ice cream  vending cart business, ice cream truck business etc.

Develop a business plan

This is one of the most relevant step any start up business must take to ensure its prosperity and growth. Before you do anything else, formulate a business plan according to your specification. A business plan is a guide, blueprint or a road-map that allows business owners to clearly state their business goals, procedures and measures they will take in order to achieve them and they funds needed to implement the business goals and objectives. Having a business plan for you ice cream business is very important and It will consider the following

Decide on the location

A proper market research must be done before choosing a location to set up your ice cream business. If you are establishing an ice cream store, the location has to be easily accessible by customers. Look for a location near businesses, such as markets, children’s clothing/toy stores or family restaurants. For an ice cream truck, you will need to strategically position yourself for sales e.g. selling to students after closing hours.

Purchase the necessary equipment

When setting up an ice cream business, power is important because it prevents the ice cream from melting. Before starting an ice cream business you will need to purchase the following equipment

Ice cream dipping cabinet, Ice cream merchandising case, Drop-in ice cream bar freezer, Reach-in freezer, Walk-in freezer, Refrigerated pie, Cake display case, Ice machine, Ice cream dispenser, Soft serve ice cream dispenser, Beverage dispenser, Carbonator, Syrup pumps, Ice cream cone dispenser, Toppings dispensers., Ice cream dishes, Ice cream scoops, Ice cream spades, Ice cream dipper, Toppings spoons, Disposable ice cream dishes, Single and double booths, Cash registers, Point of sales system, Menu board, Sneeze guards, Insert pans, Ice cream and topping bowl covers, Expand your product range or menu

Estimated project cost: Small Scale: Starting an ice cream production business is very not very demanding financially, with N50,000, you can start an ice cream business provided you already have a refrigerator in your home. If you are starting small, then there will be no need for an ice cream machine.

Big Scale:  The cost of establishing an ice cream plant will depend on the level of production desired. That will determine the expected plant capacity and cost. It should therefore be noted that ice cream can be produced on a micro level solely for homes and on a large and small-scale for mass sale. On a small-scale basis, N5,750,000 will be enough to establish a profitable ice cream business. This is made up of the cost of: preliminary expenses, machinery and equipment, space rental, utilities, working capital and contingency.

Apart from selling ice cream you can decide to start selling hot dogs, burgers, cookies, sandwiches, lollies etc. in order to boost the income of your company. This will also allow your customers to purchase other confectionaries from your business apart from ice cream

Hire and select employees

In starting an ice cream business, you will need between 7-9 employees in your business. There will be employees who will be at counter collecting and registering payment, another will be in charge of scooping the ice cream, others may be needed to make deliveries

Consider making deliveries: As an ice cream business, you should consider creating an avenue for making deliveries to customers who can’t travel down to the store location. You could have one or two delivery bikes that will make deliveries to various locations. This will also ensure that more products are sold

Although the ice cream business suffers a dip during cold seasons, it is bound to stay in demand from time to time, and, therefore, holds a great promise for investors. The ice cream production business in Nigeria can be a lucrative and profitable venture to start-up, due to its vast market demand and on your ability to build a wide network. If you’re looking for a lucrative business to venture into, the ice cream production business in Nigeria is a great option to explore.

Embarking on ice cream production apart from producing a regular stream of profit for the promoter(s) will generate employment, improve the living standard of the investors and sellers of the product, help in the acquisition of the technology involved, etc. This is a product that has a large market, daily repeat-sales tendency and good returns on investment. It is highly recommended to DISCERNING prospective investors.

Get our well packaged practical guide on ice scream production. For this to be implemented, a well-packaged feasibility report is essential. The promoter has to register the company, rent the premises, buy and install the equipment, buy the start-up raw materials, recruit and train the relevant line staff and ensure that proper book-keeping procedures are put in place. Those investors who are seriously interested in knowing further what it takes generally to establish this project and indeed any other projects in terms of the details of sources and costs of equipment and other various assets, labour and acceptable management practices for optimum yield but who cannot afford a bankable feasibility report prepared for them can request for a copy of “THE COMPREHENSIVE INDUSTRIAL PROFILE ON ICE CREAM PRODUCTION”.

Click here to fill our application form:   https://forms.gle/jt7DaqkmobimT5PX8 

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