Large format digital printing is one of the lucrative business in Nigeria. What is large format printing? Large format printing is a digital printing which large format printers are used. They 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 8 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.
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
COST OF PRINTER PURCHASE
Roland (Japan made) 5.3FT Print width = 4.3MIL
OPERATIONAL COST.
Generator=[/b]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= around 1mill and above.
Rent= Depends on location, size of apartment and area. Around N450,000 per anum or less.
A/C= Necessary for maintaining good operational environment for machines. Cost for 1.5h split unit around N74000 and Window unit around =N54000.
UPS= A 3KVA UPS is necessary for back-up and cost around N80000 AND above.
COMPUTERS= Minimum of Pentium 4 is ok. Brand new cost around N50000 Above and a CLONED Around N30000 ABOVE.
LABOUR= To hire A good Graphics artist = N40000 and above.
MATERIAL COST=
INK= eco solvent around N9000 PER Liter, And Solvent ink around N3500 per liter.
FLEX Materials= Around N10,000 Depending on size and quality.
PRICING AT N90 PER SQUARE METER
CALCULATING YOUR PRICE= 4*4 FT MATERIAL= 4*4=16 * N90= N1440
This business is a high earning business and capable of re-cupping back investment within a year depending.
Assuming you make N50000 A day. N50000 * 26 Days =N1.3mil a Month and N15.6million a Year.
