How to Start a Cooking Oil ATM Business in Kenya
Have you been considering starting a cooking oil ATM business? We would love to make your work easier and help you make an informed decision. In this article we will share a few insights that we know will help you be able to know whether this is for you or not.
Salad oil is a vegetable oil used for cooking food in many households in Kenya. It’s more preferred than the cooking fat because of it’s convenience to use and believed to have lower cholesterol than cooking fat or animal fat.
Factors to consider before starting a cooking oil ATM business in Kenya
Before you venture into the cooking oil ATM business consider the following:
Location should be top of your list of considerations. The business needs to be located at an ideal place where you are assured of being easily accessible. You cannot survive in this business if your shop is located in an interior backyard like those chang’aa dens. This is a facility that serves the public of all ages. Some parents even send their children to buy cooking oil so it should be easily accessible and in a safe place.
Business licences and work permits
As it is the case with any other business, you must obtain the relevant business permits/licences from the county government. However if you are setting it up alongside an already ongoing business that you have the documents for doing the business you don’t need to get extra licences for the salad oil ATM side of business. A good example and one that can really run well alongside the salad oil business is a shop, a supermarket, a cereals shop etc.
Source of the salad oil
It’s very important to have a reliable and affordable supplier or source of the salad oil. However this should not be an issue considering the many wholesalers in many urban centers. You can also link up with distributors of companies that make the salad oil to be supplying to you when they are distributing to wholesalers.
Market price of salad oil
You need to be competitive enough otherwise no one will buy from you especially in cases where there are others in the same locality you are in who are also selling the salad oil. Your prices should also be lower enough to justify someone buying from you rather than buying a particular brand from the shop or supermarket.
Cooking oil dispenser
This is the most important and valuable equipment you need for this business. The cooking oil dispenser should be of high quality and able to operate smoothly without breaking down every now and then. Therefore you must source for a reliable supplier who will make one for you at an affordable price and of highest quality. This takes us to the next point or where to buy one and the price.
SASET Technical Services are a top manufacturer of high quality cooking oil ATMs. Get in touch with us today for a quotation.