In this guide, we will look at the top 7 Profitable Businesses to do in Tanke, Ilorin Kwara State. These are lucrative businesses that anyone can start with minimal budget.
In a country as large and populous as Nigeria, almost all kinds of business or investments or craft would have its own market.
This is especially if it conforms with and have nothing against our cultural and religious beliefs (we hold that in a very high esteem).
Every state in Nigeria is a land of opportunities. What remains is how you can put on your thinking cap, get creative and identify an opportunity.
The good thing about all of this is the populous state of the country has given birth to a high market of demand for almost anything in it.
Still yet, it is normal for some businesses to outperform the others. This could come as a factor of many things. Bad location, poor services are just some of those things.
We would be talking about some business or investments and even crafts you can learn that’d be most profitable in the tanke part of ilorin, Kwara state.
7 Profitable Businesses to do in Tanke, Ilorin Kwara State
1. Food or Restaurant business
The good thing here is that everybody must eat. And not everybody has the time to start cooking meals before they or their children leave for work. This is why the food and restaurant business is a fast moving one in this part of the country.
The size of the business could be as a result of your capital. Successful food and restaurant businesses like Royals restaurant along challenge road, T & K restaurant along tanke, Iya Yusuf restaurant along tanke, Item 7 eatery on UNILORIN campus and even to the lowest Iya Lekan joint are all living proofs that this business is one to turn to in Ilorin.
All you have to do is pick the right and best location, while also serving your customers well. I think that should be all to make it grow.
2. Sports betting agent
You might have not noticed but the rate at which youths, and older ones too engage in sports betting is very alarming.
Many have turned to it as their saving grace from the high rate of unemployment. Well, it is also good that inhabitants of Ilorin have decided to tap into the opportunity and I can say that it has been paying off to a certain extent.
Sports betting business banks on the fact that a whole lot of youths are somewhat addicted to it, and a majority of them losses games.
These agents and the sports betting companies live off the losses of people. It is hard to aggregate games and win all, right?
Read more: how to become bet9ja agent.
3. Recharge card printing
Instead of being just a recharge card seller and getting very meager profit ,you can print these recharge cards for sellers.
All you have to do is just register with the company and off you go. Good news about this is that everyone loads airtime so there is an available market for this business in Ilorin, as there is a large number of recharge card resellers.
All you have to do is to get the right contact, meet with the right people that’d give your business the boost it needs and serve them well.
4. Catering services
I decided to separate this from the food and restaurant business. With the high rate of parties and outings that take place in Ilorin, Kwara state, you would never regret venturing into the catering business.
With the right contacts, you can make millions per quarter off this business. All you have to do is to know how to cook, or employ people that know how to cook the ever craved party jollof and many other delicacies.
The strength of your business would lie in your customers service and how good your food is. So when you start offering catering services, you know where to invest.
5. Makeup artist
Everybody needs to look good, and the female folks in Ilorin are not ready to be left out of the chase. For virtually every outing, girls need to make up.
This has made the demand for makeup artist be on an upward spiral. So if you’re looking to learn a skill, then I suggest you find someone to teach you how to make up for people.
What helps grow your customer base is recommendations and how good your customers look. So if you’re going to be a make-up artist, be one that’d be very relevant and would have his/her works speak for them.
6. Hostel/Events hall rental
You want to know why this is a very great business to do in tanke ilorin? The university of ilorin campus is one that does not house a majority of its students. So on an annual basis, students look for hostels to stay off campus.
You can imagine over 20,000 students looking for hostels in mostly Oke odo, Sanrab and tipper garage. That is great business for those who have hostels there.
Good thing is that the market isn’t at all saturated there and a normal self-contain room could be within the range of 80,000 to 120,000naira.
On the events hall rent, students carry out a lot of events like dinners and awards night and would have to use these halls. An average events hall in Ilorin range between 120,000 to 200,000 naira. This business depends on the location in Ilorin.
Read More: How to invest in Real Estate in Nigeria.
7. IJMB centers
The predisposing factor of the high patronage of IJMB centers in Ilorin is the university of Ilorin. The university records a high number of applicants annually than any other university in the country.
So the large number that do not get admission tend to turn to IJMB to catch up with their mates. And they would prefer to do this in Ilorin as it is closer to their “dream university”.
One IJMB student pay up to 130,000 naira for the program. Now, imagine if you have 70 students. Your revenue is already running in millions of naira.
Your selling point in this business would be the quality of your teaching and infrastructure.
So there you have it, the best of the businesses that you could do in Ilorin, Kwara state. Some of these businesses require very little or no capital to begin. All you need is your time, commitment and seriousness. Good luck.
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