How much is a bale of used clothes in Nigeria 2019
These are questions always been searched on Google every single day, questions such as: how much is a 100kg bale of first grade okrika, how much is a bale of used clothes in Nigeria 2019 or how much is a bale of okrika 2019. These questions could possibly be asked for various reasons and one of the major reasons could be to find reliable answers.
Other possible reasons could be that the persons searching are trying to buy, or they just want to know the prices. It could be that these persons could be trying to learn a new business because humans are always learning- always trying to find out more. Well, whichever reason it may be, I can assure anyone that the used clothes in bales business is truly a profitable business.
We can say it’s profitable because I have witnessed it myself, I mean I am currently into the business myself. I have also seen enough people who live their lives and earn a very good living from the business, I have also seen people earning good profit from it and helping others to survive (such as families and friends). So that means, you can do it too, to care for your family and help others.
In this well detailed article, I will be giving you valuable info, info which business minded people such as you are always seeking to find about these topics: how much is a bale of used clothes in Nigeria 2019, how much is a 100kg bale of first grade okrika or how much is a bale of okrika 2019.
Please as you read this topic, I also want you to rest assured that I will be very willing to tell you all you need to know about this “used clothes in bales” business. I will give you every single detail to help you make the right decision now, today or tomorrow. I am actually very interested in building a business relationship with each and every one of you out there reading this blog post (provided my write-up here was helpful to you).
Towards the tail-end of this bog post, you will see the contacts of the supplier. Feel free to call them up and make any inquiries concerning bales of clothes and any other related items you wish to inquire about.
Major Points You Will Find In This Article
Now, here are some of the major points we will be discussing right here in this blog article:
- How much is a bale of used clothes in Nigeria 2019
- How many pieces of clothes are in a bale
- How much can you make from the “fairly used clothes in bales” business
- Wholesale market in lagos
- Business ideas in nigeria with low capital
- How much is a 100kg bale of first grade okrika
- Where can I buy top quality bales
- how much is bale of okrika 2019
- Where and who can one buy from. Trusted supplier
Now, let’s head on…
How Much Is A Bale of Used Clothes In Nigeria 2019
For all people asking questions about the “used clothes in bales” business, “where to buy fairly used clothes in lagos”, “how many pieces of clothes are in a bale” or “how much is a bale of used clothes in Nigeria 2019″and not getting a solid answer, now here is the sure answer you have been waiting for.
Answer:- The price ranges from 50,000 -to- 130,000 Naira worth of bales
How Many Pieces Of Clothes Are In A Bale?
Question: How many pieces of clothes are in a bale?
Answer:- Usually a bale of 55kg comes with about 350 -to- 400 pieces of clothes inside of it. So, for a bale of 100kg, you possibly get almost a double of 55kg. We would not be too specific with the exact quantity of pieces inside the bales, as the bales are being weighted in Kg.
Question: How much can you make from the “fairly used clothes in bales” business?
Answer:- In the fairly used clothes business, if well-informed and well guided (with some little tested experience), anyone can “possibly” make a double gain (but please do not quote me, I said “possibly”). For a newbie or a starter in the business, your goal is not to make a double gain; your goal should be to make anything between 10% -to- 60% gain.
For the first question above (how much is a bale of used clothes in Nigeria 2019), please you should know that the exact price depends on the category of clothes and the grade you want to buy or go for.
When I say category of clothes, I mean for example: Children Cotton Romage (CCR), Men Shirt (MCSH), Children Polo (CHP), Ladies Cotton Dress (LCD), Boys Cotton Shirt (BCS), Men’s Cotton Pant (MCP), Ladies Bum Short (Sex Short), Men Underwear (M Under), Ladies Three Quarter (L3/4), Ladies Shiffon Dress (LSD), Ladies T-Shirt (LTS)…etc.
When I talk about the grade of the clothing, I mean (whether GRADE – A or Grade – B). I will strongly advice you: always go for GRADE – A (TOP A GRADE).
Difference Between Grade A and Grade AB Bales
Sometimes you could hear such things as Grade A, Grade AA, Grade AB.
Grade-A bales simply means first grade bales. And first grade bales are meant to only have best quality items, neat items or items clean enough to be sold out fast and at very good prices so you could make back some good profit.
Grade-AA bales simply means a bale containing mixture of items. Both mixtures are of first grade items. That means, all items containing within are of good quality and will look good to buyers.
Grade-AB bales are bales containing both first grade items and second grade items. Both 1st and 2nd grade are all mixed within. It is not advisable to go for such bales because most times, the bale ends up containing more of 2nd grade items which will be very discouraging. It is advisable to always go for Grade A or AA.
Okay now, before we proceed into the calculation under this topic (How Much Is A Bale Of Used Clothes In Nigeria 2019), I’d like to mention that while surfing the internet; I came across a claim that someone else made about okrika or fairly used clothe business. She said this: “The hot business that can fetch you good cash /profit with little or no stress is ” FAIRLY USED CLOTHES BUSINESS”!”
What do you think? Is she saying rightly? Or simply just trying to make a sale?
Well…. I wouldn’t just want to jump right in to give my opinion. First, let us discuss about some few things; we would get back to this part later on.
About Fairly Used Clothes In Bales Business.
Fairly used clothes normally come in bales (100kg/55kg bales). They are usually sealed with a transparent /non-transparent sack. There are always different bales coming from various countries such as Germany, UK, China and others.
For us, in our store we previously sell both Germany and UK bales. But at some point, we noticed that customers were more in a rush to buy the China bales. Currently, China is taking over the market and their bales are selling out faster. So some few years ago after carefully studying the market with some research results, we completely decided to switch all our items on sale to only China bales. You can switch also!
About China Bales
China bales are big bales of 100kg. They are almost a double of the UK and Germany bales of 55kg. The China bales are always in a transparent nylon covers, so the customer can easily have a preview of the content within, to see what he or she is buying.
Many people call the “fairly used clothes in bales” business a blind one- blind business. But with the transparent nylon cover that comes with the China bales – allowing a preview of the content, it reduces the idea of having to buy blindly.
Please, kindly note that in this fairly used cloth business, you want to deal with someone you can trust. Someone who is ready to listen to you, to solve whatever problem that might come up and make you smile.
Back to calculation…
Remember, we are still on the topic how much is a bale of used clothes in nigeria 2019. I want us all to know the the cost of the bales and how much you can make from the business.
So, I took a walk around the market place, spoke one-on-one with people selling some items (such as men t-shirt, men trousers and ladies three-quarter), priced the items so as to get the current pricing. With this current pricing, we will be doing some little realistic calculations right here in this blog article.
You know, on this topic “how much is a bale of used clothes in Nigeria 2019” I need to get facts, real-live data so as to give you a realistic calculation. I do not want to give you false data.
Well, I also don’t expect my analysis to be 100% accurate and you shouldn’t expect that either (DISCLAIMER!!!).
So, right here in this calculation, we will be using worst-case scenario for all our calculations.
Let’s say you want to deal on Men’s T-Shirt. For a big bale of 100kg, we want to assume that it is sold between 90,000 -to- 100,000 naira. But let’s assume you end up buying it at the price of 100,000 naira (maybe you couldn’t get this particular bale for a good price of 95,000 naira).
Above, we mentioned that you get almost a double of the quantity of 55kg; which is likely between 300 -to-650 pieces. But, let’s assume that we only found 300 pieces inside the big bale.
Last time, I bought a collar neck T-Shirt for 600 naira at Ikeja , Oshodi Express Way. But let us use 500 naira (maybe your place is cheaper than Ikeja Lagos).
So, this is our assumption here:
Cost of big bale for Men T-Shirt = 100,000 naira
Pieces of clothes inside = 300 pieces
Selling price = 500
Keep in mind we are using the worst case scenario so as to keep our calculation very realistic. I don’t want to over promise anyone reading this article, so that you don’t get disappointed down the line.
We are not going to sell all the 300 pieces at the price of 500 naira. If not you will get a high number of (300 x 500 = 150, 000 naira).
So, out of the 300 pieces you have, maybe you only sell 150 pieces at the price of 500 naira.
150 pieces x 500 naira = 75,000 naira.
Now, you are left with only 150 pieces of clothing to sell.
So, you sell 100 pieces for only 400 naira.
100 pieces x 400 naira = 40,000 naira
So, you are now left with only 50 pieces of clothes. Let’s assume these last 50 pieces were not too good, and you just sold them off for only 300 naira.
50 pieces x 300 naira = 15,000 naira
That means, you have gotten a turn-over of 75,000 + 40,000 + 15,000 = 130,000 naira.
When you deduct your capital of 100,000 naira (your cost of buying the bale), what will be left will be 30,000 naira.
130,000 – 100,000 = 30,000 naira (worst case scenario of 30% profit).
Using a worst case scenario, we made about 30% gain. Imagine now, you fasten your seat-belt and get into the market, then, carefully put in some good effort to do this business with some little tested experience. How much do you really think you can make? Please do the math!
Now, Let’s talk about people who may not have 100,000 for a start.
Maybe you only have a capital of 50,000 naira.
Sure, there are big bales of 100kg within the price range of 50,000 naira.
Ladies Three Quarter (L3/4)
Ladies Bum Short (Sexy Shorts)
If you should buy, let’s say Ladies Bum Short for 52,000 naira. And maybe you only found 300 pieces inside the bale. You, then, decide to sell all of them for only a 300 naira (three hundred naira).
300 pieces x 300 naira = 90,000 naira (so you only get a profit of 40,000, which is nearly a 90% gain).
I’m New In The Business And Would Need Some Advice – How Do I Start?
I get so many people asking this question over and over all the time. I am happy these ones have made up their minds to take a bold step. It doesn’t take 10,000 hours to learn something new, it only takes dedication and some little effort, with good guidance like the one that you are getting here from this blog post (How Much Is A Bale Of Used Clothes In Nigeria 2019).
Firstly, if you want to go into the used clothe business, you need to know which category you’d like to go for.
There are children items, ladies items, and men items (clothes).
Have you decided on that?
Here is a list of each category to help you decide on what you want:
For Ladies: Name & Label
- Ladies Cotton Blouse – LCB
- Ladies Cotton Dress – LCD
- Ladies Shiffon Blouse – LSB
- Ladies Shiffon Skirts – LSSK
- Ladies Cotton Skirt – LCSK
- Ladies Jeans – L Jeans
- Ladies Three Quarter – L3/4
- Ladies Shiffon Gown – LSG
- Ladies T Shirt – LTS
- Ladies Bum Short – Sex Short
- Ladies Chiffon Dress – LSD
- Brazier – BRA
For Men: Name & Label
- Men Shirt – MCSH
- Men T Shirt – MTS
- Men Cotton Pant – MCP
- Men Jean Pant – MGP
- Men Underwear – M Under
- Original Short – OSH
For Children: Name & Label
- Children Cotton Romage – CCR (this is pure cotton for normal weather)
- Children Mead Romage – CMR (this is light-heavy for rainy or cold weather)
- Children Pollo – CHP
- Boys Cotton Shirt – BCS
- Children Pants – CP
CCR and CMR: These two particular bales are a mixture of children cloths. Anything baby wear, between zero (0) -to- six (6) year old.
Suppliers’ Contact (give them a quick call)
Now, here is the contact of the supplier. For bales price inquiry – where to buy, how to buy and what to buy; please kindly feel free to contact
Mondays – Fridays 9:00AM – 5:00PM (please only place a call during the specified business hours)
He has all the current prices you need. He will guide you, so feel free to ask a lot of questions.
If you carefully follow the instructions I have given you right here in this post, just the way I have outlined it for you, you will be successful.
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