Cost of starting Large format printing business in Nigeria



BUSINESS: LARGE FORMAT PRINTING BUSINESS---It is a digital printing business .Large format printers are generally regarded as printers of with large printing width sizes.Large format printers are used to print flex banners,Stickers, posters ,window graphics, vehicle wraps and general signage and in some cases may be more economical than short-run methods such as screen printing.

An average start-up capital of around 4 million or less could kick start this business.

This business is capable of making an income of N100,000 and above Daily after deducting operational costs. This net income depends on kinds of services you render to your customers. Even, some people make atleast a million in a day.

LARGE FORMAT PRINTERS COMES IN DIFFERENT SIZES AND BRANDS.


PRINTERS:

We have Roland,Leopard,challenger,galaxy,mutoh etc. Each one has an advantage. You need to consider , Speed, resolution ,Availability of Parts and technical support before Purchase.

COSTING A START-UP FOR A LARGE FORMAT BUSINESS


1. COST OF PRINTER PURCHASE
a,-Roland (Japan made) 5.3FT Print width = 4.3MIL

2.OPERATIONAL COST.


a. Generator 5kv is ok for a start, but you can go for a bigger power watt of 18kva and above.
Cost of 18kva used= around N700,000 for old engine. NEW is around 1mill and above.

b. Rent 
Depends on location, size of apartment and area. Around N450,000 per anum or less.

c. A/C is Necessary for maintaining good operational environment for machines. Cost for 1.5h split unit around N74000 and Window unit around =N54000.

d. UPS: A 3KVA UPS is necessary for back-up and cost around N80000 AND above.

d. COMPUTERS= Minimum of Pentium 4 is ok. Brand new cost around N50000 Above and a CLONED Around N30000 ABOVE.

e. LABOUR: To hire A good Graphics artist = N40000 and  above.

d. MATERIAL COST:
INK= eco solvent around N5000 PER Liter, And Solvent ink around N3500 per liter. 

FLEX Materials= Around N10,000 Depending on size and quality. 

Note: The price of consumables and Materials depend on the Dealer or supplier you partner with.

This business is a high earning business and capable of re-cupping back investment within 6 year depending.

Assuming you make N50000 A day .
N50000 * 26 Days =N1.3mil a Month and N15.6million a Year.

PRICING @ N90 PER SQUARE METER

CALCULATING YOUR PRICE= 4*4 FT MATERIAL= 4*4=16 * N90= N1440

I HOPE THIS HELPS YOU IN STARTING-UP THE BUSINESS OF LARGE FORMAT PRINTING IN NIGERIA.

FOR SALES,REPAIR AND INSTALLATION OF LARGE FORMAT PRINTERS, contact Print101naija or CALL@07034357147

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Cost of starting Large format printing business in Nigeria