If you are looking forward to starting Indomie business; this article will highlight the profitability of Indomie business and how to start a successful Indomie Wholesale Business in Nigeria.
Who doesn’t like Indomie noodles? It is one of the most widely consumed food in Nigeria by students and even adults because of its refreshing and sweet taste.
Indomie is a brand of instant noodles produced by the Indonesian company; Indofood.
Indofood itself is the largest instant noodle producer in the world with 16 factories. Over 15 billion packets of Indomie are produced annually. Again, Indomie is also exported to more than 90 countries around the world
The food is widely distributed in Australia, Asia, Africa, New Zealand, United States, Canada, Europe, and Middle Eastern countries.
Indomie was first introduced in Nigeria in 1988 by export means, and in 1995 the company opened its first production factory in Nigeria under Dufil Prima Foods – the first instant noodles manufacturing plant in Nigeria.
The popularity of Indomie Noodles has reached various parts of the world over the years with Nigeria topping the list.
How Profitable is Indomie Distribution Business?
Thousands of Indomie boxes are always sold out on weekly basis in Nigeria. It is also estimated that about 50 million people from a total population of around 200 million Nigerians are known to consume Indomie.
The high demand and consumption of Indomie are enough to have you think about starting or running an Indomie sale business in Nigeria.
Conclusively, Indomie business is one of the most profitable businesses to venture into even if you are selling wholesale or retail.
For example, sales will be made by the carton and not in pieces and obviously, you will earn higher profits selling in cartons.
For the sake of this guide, we will be looking at how to start a profitable Indomie wholesale business in Nigeria.
How To Start Indomie Wholesale Business
If you inquire to start Indomie whole business or become an Indomie distributor in Nigeria, consider the following guideline;
1. Acquire Distributor Rights From The Company
The first thing to do in other to become an Indomie wholesale distributor in Nigeria is by contacting the Indomie company and making your intentions known to them.
As a certified or legal distributor of the Indomie brand, you will be given the privilege to get Indomie products at cheaper rates and by reselling them to the retailers you will make a reasonable profit.
The owners of Indomie noodles are Dufil Prima Foods PLC Their contact address is;
No 44, Eric Moore Road, Surulere, Lagos, Nigeria. Phone number +2347000888888
2. Start-Up Capital
Every business needs good startup capital for its execution and growth likewise indomie wholesale distribution business.
How much do I need to start Indomie business?
For Indomie wholesale distribution, you will need start-up capital of about 2 million Naira.
Again, before approaching the Indomie noodle company you must identify and have a unique location. Their policy states that; not more than one distributor can be allowed at the same location.
There are basically 2 ways to distributorship
- Major distributor
If you are on a low-key start-up, you can start as an Indomie sub-distributor until you are qualified to upgrade for the major distributor.
Conclusively, major distributors receive a higher quantity of Indomie products which are distributed to sub-distributors. This distribution chain continues until the products are able to reach the final consumers.
Starting a business in a good location is very paramount for the growth of any business. As an Indomie distributor, you should target your shop in locations where you can be easily accessed.
Again, you should professionalize your business by using Indomie banners, cartons and flex to decorate your shop and environment that will make people understand what you sell.
As a distributor who understands the ethics of running a successful business, you will need to have a sizeable warehouse to stock up your Indomie products.
However, for a sub-distributor, a large room will just be enough for you.
In setting up a warehouse, ensure the environment is secured and free from thieves and rats so they won’t steal or eat up your products.
5. Brand Name
Having a good and unique brand name for your business is the one first step to take in protecting your business for growth and at the same time creating awareness.
Select a good suitable name that matches your distribution business and include it on your flyers and banners, Adding a unique logo to your brand name will also make you stand out from your competitors.
6. Register Your Business With Corporate Affairs Commision
The Corporate Affairs Commision is a special agency formed by the Federal Government, they are responsible for regulating and controlling the operation and formation of businesses in Nigeria.
Once your Indomie distribution business is legally registered and certified by the commission; you will stand to ensure massive benefits which one of them happens to be; opening a Corporate Account with your brand distribution name.
Again, It adds legitimacy to your business. Clients will feel more secure doing business with you and to some extent, you will be eligible to apply for government loans and grants.
For a large business like Indomie distribution, I will recommend you register as a company and not a business name; this is simply because there are massive advantages of a Company certificate over a business Name.
As CAC Expert, we can get your brand legally registered with the Commision.
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7. Acquire A Distributors Van
Getting your own truck or van is necessary because wholesale distributions businesses usually work based on order, supply or delivery.
You will be using your truck to supply Indomie noodles to retailers who will place orders.
8. Employ Distributors
It will be tedious work for you if you insist on doing the whole distribution by yourself. For the smooth running of your Indomie distribution business in Nigeria, you will have to hire at least 2 people that will be doing the distribution job for you.
A driver and a secretary will be needed for the day-to-day running of the distribution business. While the driver will take charge of driving, the secretary will keep all financial records and other necessary information about the business (what goes out and what comes in).
Indomie Wholesale Price in Nigeria
As a retailer, If you wish to find out the latest cost of wholesale Indomie, simply reach out to any of the distributors or suppliers in your locality. You can do well by having their contact information for further inquiries that may arise.
- Read Also: Cost of feeding 500 catfish in Nigeria
List of Top Indomie Distributors in Lagos, Nigeria
Below are some top Indomie dealers in Lagos with their contact information.
1. DUFIL Prima Foods
Address: No 39, Eric Moore Road, Surulere, Lagos, Nigeria
2. Mole Food Link
Address: No 6, Samson Dada Street, Igando, Lagos, Nigeria
Phone: +234-9036243235, +234-9093835441
3. Tolaram Group of Companies
Address: 38, Eric Moore Road, Surulere, Lagos, Nigeria
4. Dangote Group
Address: 1 Alfred Rewane Road, Ikoyi, Lagos, Nigeria
Phone: +234-14480815, +234-14480816
5. Joy O Ventures
Address: C21, Jaguna Abiodun Street, Ogba, Lagos, Nigeria
Phone: +234-8107348862, +234-8141511909
How To Start Indomie Cooking Business in Nigeria
If your answer to these questions is YES! why not follow this guide with all enthusiasm and learn how to start a profitable Indomie cooking business in Nigeria.
Indomie cooking business is one kind of profitable business that requires little or no Capital. Did you know with just a small Capital of 30k, you can start a gentleman business; cooking Indomie noodles for the public and making money.
It’s so unfortunate, our myopic way of reasoning has imprisoned our minds to relegate Indomie cooking business for only the Aboki Hausa Men.
You will be marvelled if these Aboki Hausa men tell you how much they make from cooking and selling Indomie on the streets and campuses.
Especially for the ladies, I am calling on you all to reconsider starting this Indomie cooking business and see how much profit you could make from it daily.
To make your business stand out, you can combine selling Yam, Tea and Indomie together so it will give your customers more options to patronize you.
Requirements To Start Indomie Cooking Business
1. Good Location
Target places that seem to be crowded e.g office places, school campuses, busy streets markets or sports areas. The cooking business works best in big cities than in Vilages.
You don’t need to have hundreds of thousands in your account before starting your Indomie frying business.
You can start your business on Lowkey with just a small capital and once you start making good profit you can upgrade.
3. Gas Cylinder
A Gas cylinder will be needed to effectively run the Indomie food business. I will recommend you avoid using firewood as this will scare your customers aware and could sometimes contaminate the food.
Personally, I always believe that noodles fried or cooked with gas taste better than when prepared with firewood.
4. Cooking Items
You will be needing basic cooking items and spices that will make your Indomie sweet and win more clients for you.
This includes spices like onions, pepper, carrots, salt and other requirements like; knife, cooking oil, cups, spoons, table, chairs and etc..
5. Master The Skill of Cooking
Learn how to prepare good Indomie that will satisfy your client’s taste and when necessary; call a fellow to assist you in the best way to prepare it. No one is perfect so don’t assume you know all.
6. Good Marketing Strategy
Ensure to be welcoming and friendly to your clients, don’t overcharge and don’t harass your customers.
Conclusion: How To Start Indomie Wholesale Distribution Business
In conclusion, Indomie is one of the most widely consumed food in Nigeria. The love and demand for Indomie noodles make it one of the most profitable food businesses to venture into in Nigeria.
I hope this guide has given you insightful knowledge that will propel you to start your own Indomie wholesale or cooking business in Nigeria.