The Business Of Selling Smoothies And Fruit Juice Drinks

Smoothies are highly nutritious drinks which are quite in high demand from health conscious people who want great refreshment drinks that don’t just taste nice but also but are health friendly as well.

Imagine that you are a health freak and don’t want to taste one of these carbonated drinks you fear may have adverse effects on your health what do you do?

My guess is if you can afford it you’ll stroll into a smoothie shop and order yourself a fruity drink.

Opportunities

There are unlimited opportunities in my opinion to market this business to a middle class and well educated population.

 You just have to consider a suitable location such as a stand at an upscale shopping center, business district or residential area with a large population of people who might require your services.

If you situate your business in a place with 10,000 people who fit your customer profile what you need to work on is mainly awareness to this people and the rest will follow.

Product Pricing

Smoothies are quite expensive when compared to processed drinks but still affordable to your target market.

Price starts from N50 to N150 per 16 oz cup to even N200 depending on location.

Your products may include; chapman drink, various smoothie fruit flavors, juices and even local drinks like Zobo, Soya Milk.

Start-up Funding

Business Registration.

Smoothie Maker – N15,000

Furniture – N50,000

Rent – N50,000

Utensils (cups, plates, cutlery etc) – N20,000

Fridge – N60,000

Others – N100,000

Total – N295,000

Financial Projections

At a little over 60% margin on sales your profit could be quite high but that largely depends on sales volume and overhead cost.

An investment of  just N 300,000 should breakeven within 6 months if you can achieve your sales target in time.

Options For Improvement With Refinancing

You have the house, you have the loan, and you have everything set in place.

You know that it feels great to have a place to call home.

However, there is something that is not fitting quite right.

Maybe your home feels like it needs more investment or maybe you want to find a different way to approach your loan.

If you are looking at options for improvement, refinancing is the way to turn. 

Refinancing is a step that you can take if you want to put in a little extra investment to your home.

 Whether it is to feel more comfortable or to get more out of your investment when you sell, refinancing is a great option for building up your home investment.

Not only will it be good for you to invest more and get more in return, but it can also help you to build credit from the investment. 

Usually, refinancing will begin with you applying for a second loan or mortgage.

Home equity loans are one way to help with refinancing your home.

There are also lines of credit and other considerations that you can make in order to get some extra money into your home.

The advantage of this is that when you go to sell your home, you will be able to value the price higher than it would have been with just the regular loan. 

If you are deciding on whether to refinance your home, you will want to consider several parts of the refinancing.

First, you will want to make sure that you are not taking your home out of the market.

You can determine this by researching to see what the market value of the area is and how this relates to your home.

If you are using a refinancing loan in order to consolidate bills or improve your credit, make sure that your finances are stable enough to allow you to pay off the refinancing loan. 

If you begin to refinance at the right time and with the right idea in mind, you can benefit off of a second mortgage and with some home improvement.

Polishing the floors and removing the old to put in the new can be beneficial not only for your check book, but also for your future.