mauryc wrote:Anyone ever thought of starting a butchery? What are the margins? Pros and cons?
Its extremely profitable with low start up capital as long as you are in a strategic position.
I used to run one in dagoretti corner but decided to sell it off since i didnt have a honest person to run it.He used to buy and sell his own stock at my expenses yet am the one who was paying rent, He could inflate the buying price or just buy bad meat.
My monthly running expenses were as below
1.Rent:8K
2.Salary:15K
3.Bad stock and shortages:15K
4.Miscellaneous (water, electricity and filing)-5K
5.My fuel( to check on the bugger):5K
I never had a freezer to store meat since i didn't see the need for it;I used to buy stock thrice per week.
The buying price per kg ranged between 230-250 depending on the days and selling price was 360.
I used to make an average sales of 30Kgs per day with monthly net profit of 50k-60K
If Obiero did it, Who Am I?