Cost of Starting a Bottled Water Business
Startup costs for a bottled water business range from $6,500 to $15,000. Your costs will depend on the minimum your manufacturer will allow you to order, since the bulk of your startup costs are for your initial inventory.
How to Start a Bottled Water Company
Starting a bottled water business on your own requires an initial investment of $10,000 to $50,000. As you might assume, the profit margins in the bottled water industry are exceedingly high; the normal profit margin on bottled water is an astounding 50 to 200%.
Steps to Starting a Bottled Water Business
- An Overview of What You’re Getting Into.
- Plan your Bottled Water Business.
- Register your Bottled Water Business for Taxes.
The easiest way to get into the bottled water business is by purchasing a franchise. Those who aren’t able to invest in a franchise or purchasing an existing bottled water plant will have to settle for starting from scratch. Starting from scratch is better than purchasing a franchise because you’ll be able to control many variables that are going to affect your growth eventually.
The process involved in production companies in the bottled water industry comprises of purifying water and then filling it into plastic and glass bottles for consumption. These bottles are then properly capped and labeled accordingly before being sold to the customers.
Aquafina is the top selling brands of bottled water in the US. According to a report published by Allied Market Research, the global Bottled Water Market was estimated to be worth $169.8 billion in 2015 and is expected to hit $319.8 billion in 2022.
You can set up a small factory with the investment of Rs 15 lakhs or you can opt for a large factory with a high production capacity in 75 lakhs. Bottled water manufacturing is a multi-billion dollar industry in the US. It continues to grow rapidly – in the States and worldwide.