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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

eldavis
eldavisEnlightened Mentor
Asked: September 21, 20232023-09-21T15:15:02+00:00 2023-09-21T15:15:02+00:00In: Money & Business

is a popcorn and ice cream shop a lucrative business?

A friend of mine is thinking of starting a popcorn and ice cream business, do you think this would be a lucrative business to startup?

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4 Answers

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  1. Mike Smith
    Mike Smith Knowledge Seeker
    2023-09-21T15:26:11+00:00Added an answer on September 21, 2023 at 3:26 pm

    In a country like Nigeria, establishing a popcorn and ice cream shop is indeed a good and lucrative business, how to be successful and prosperous in this line of business you must endeavour to take advantage of your surroundings or location. Basically if you want to start such a business you must beRead more

    In a country like Nigeria, establishing a popcorn and ice cream shop is indeed a good and lucrative business, how to be successful and prosperous in this line of business you must endeavour to take advantage of your surroundings or location. Basically if you want to start such a business you must be able to locate search business in an area where you will meet individuals who can patronize you. Situating a popcorn and ice cream shop around a school premises can be a good idea so that students during the break time session can buy your products which is basically what they want. Situating a popcorn and ice cream business near a game shop or cinema area, can also be a good idea because individuals going in and out of places like this, do love appetizers like ice cream and popcorn.

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  2. Augusta
    Augusta Enlightened Mentor
    2024-04-27T12:48:39+00:00Added an answer on April 27, 2024 at 12:48 pm

    Yes, this is a very lucrative business in my region now but it seems it is capital intensive to start because only few people are running it here but it is really lucrative as they are always a lot of people around to buy the itens. The thing is that naturally a lot of people love popcorn and ice crRead more

    Yes, this is a very lucrative business in my region now but it seems it is capital intensive to start because only few people are running it here but it is really lucrative as they are always a lot of people around to buy the itens.
    The thing is that naturally a lot of people love popcorn and ice cream so you are likely to make high sales with this combination

    You Just have to get a good location where it is busy and they are a lot of youths snd children around . You would make good sales.

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  3. Udyfortune
    Udyfortune Newcomer
    2024-04-27T13:02:23+00:00Added an answer on April 27, 2024 at 1:02 pm

    Ice cream production has proven to be a very lucrative business depending on the location of market and the population of the targeted customers. So many people prefer buying already prepared ice cream than to prepare it themselves to avoid time wastage, people make sale when producing ice cream andRead more

    Ice cream production has proven to be a very lucrative business depending on the location of market and the population of the targeted customers. So many people prefer buying already prepared ice cream than to prepare it themselves to avoid time wastage, people make sale when producing ice cream and popcorn in a well populated environment such as park ,schools, eateries, malls, busy supermarket etc

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  4. Mika
    Mika Expert Mind
    2024-04-28T04:08:34+00:00Added an answer on April 28, 2024 at 4:08 am

    It is not possible to answer this question with a yes and no answer. There are a lot of factors that should be considered while determining whether your business will be lucrative or not. Some of the factors are: competitors in the market, the market size, the demand, the supply, skills and knowledgRead more

    It is not possible to answer this question with a yes and no answer. There are a lot of factors that should be considered while determining whether your business will be lucrative or not. Some of the factors are: competitors in the market, the market size, the demand, the supply, skills and knowledge you gave, resources you have, etc. Check your market to determine the profitability

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