COST AND REVENUE OF 1 PLOT OF LAND GRAPE FARM (100ft by 50ft) Credit: Twitter: @withchiroma The land cost in a secured area = 500k-2M Cost of 100 seedlings = 300k Cost of fertilizer (Year 1) = 100k Cost of Pesticide = 150k Cost of Staking = 150k Weeding = 70k 1 staff salary (1 year) = 360k Cost of irrigation = (Depending of the water source) about xx Fencing the Land = about xx Total = N2,130,000 This is without cost of irrigation and land fencingEach plant can yield 10kg - 25kg in the first harvest: 100 x 10 = 1000kg of fruits ( 1 tonn 1kg of fruits ranges from N3000-N8,000, depending on the variety So the average will be = 4000 x 1000 which is N4,000,000 per harvest. NOTE: 1. Grapes is harvested twice a year 2. Grapes tree can live for more than 40 years 3. It is not as easy as it sounds, it is a rigorous process, requiring learning, monitoring, consistency, patience and alot more. 4. It will not just be as easy as a side hustle. If you want to read more, inquire more and ...
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