Is cold store business profitable?
Generally, in this business, the initial investment is higher compared to other small businesses. However, this type of business ensures a constant return on a long-term basis. Cold storage is a profitable business both in developing and developed countries.
How much do I need to start a frozen food business in Nigeria?
Cost of starting frozen food business in Nigeria conveniently with two shops, give and take should be around N2 to 3million naira.
What does a cold room consist of?
Just like any refrigeration system, cold rooms use an evaporator inside the unit and a condenser outside the unit to move heat outside, thus cooling the inside. From a broad perspective, there are three kinds of cold rooms: self-contained, remote condensing, and multiplex condensing.
How much does it cost to open a cold storage?
The cost and investment will largely depend on the scale of the cold storage unit. However, according to experts, the estimated project cost for setting up 5000 MT Cold Storage may be in the range of Rs. 3 Crore — 4 Crores in Indian Rupees. The cost of land is an additional investment you need to make.
How much does it cost to build cold storage?
The cold storage construction cost may vary from few Lakhs to many Carores. The mini cold storage project cost, varies from INR 50 Lakhs to many carores depending on the type of project and location of the project. Either, it can be near to the farms or consumer centers.
Is frozen food lucrative?
Frozen foods business is one of the most lucrative branches of food business because a lot of people are too busy with work that they find it difficult to spend a lot of time cooking or searching for fresh ingredients to cook with. Cooking with fresh ingredients takes a lot of time than using frozen ingredients.
How much does it cost to start a cold room business in Nigeria?
A standard cold room can cost between 4 and 10 Million Naira. If your capital is low, you might want to consider buying a small cold room, or a number of industrial freezers to start with.
How do you market frozen food?
If you have a retail outlet or a specialty restaurant, add a freezer section to your establishment and offer a take-home option to your customers; use a portable freezer to sell your food line at fairs and festivals. Contact locally owned specialty grocers about placing your line of frozen food in their stores.
How cold does a cold room need to be?
Rotate stock to avoid creating outdated items. The ideal temperature for a cold room is between 2 and 10 degrees Celsius. The ideal relative humidity is between 85 to 90%. If your humidity level is too low, occasionally spray the floor with water.
Why do homes have cold rooms?
A refrigerating chamber or cold room is a warehouse in which a specific temperature is artificially generated. It is generally designed for storing products in an environment below the outside temperature. Products that need refrigeration include fruits, vegetables, seafood, meat, flowers.
Can you insulate a cold room?
Since most cold rooms extend underneath the front steps, you’ll need to insulate both the ceiling and the walls. I recommend extruded polystyrene foam here, at least 2″ (50mm) thick), with no stud walls. … Cold rooms are small enough that you won’t need to reroute any heating or cold air ducts.