So you have some millions to invest but you are confused on which investment option to venture into. It does happen to everyone and yours is not strange. At this point, several ideas will try to come and cloud your memory some of which are very good and seem to yield enough money in no time while some are obviously not feasible.
Some have tried so many ideas, some succeeded while some became more broke than they were before the idea came. In this article, we would be looking at some investment ideas that you can venture into if you have some millions to invest.
These ideas are very fresh although known and if well done; your investment will yield large pure profit in no time.
Investment ideas that can be done with a few million
Find an old or abandoned filling (petrol) station that is on sale: as funny as this may appear, renovating a dilapidated filling station is a sure way of adding millions to your millions. Just find a very good one that is located at a very good site. You can easily find one around you if you search trust me. Many equipment and structures might have to be replaced but don’t worry, spend some money and put them back in shape.
After renovation, you can sell it to NNPC or other marketers, rent it out or operate it yourself. Selling it out will no doubt be at an amount higher than that used in renovating it and bet me, you will have enough profit if you do. You can also break the filling station down, and sell the empty land if the land is on a very good site. This is also another way of making a huge profit from this.
Building a shopping plaza or a block of shops: shops, as we all know, are very profitable nowadays owing to the fact that the rate of unemployment in so many countries are on the increase. With this, you can be making enough profit in yearly and within a few years, millions will start rolling in.
All you need to do is just to buy a land (might not even be up to a plot but if it can be, then it is ideal) on a very good and busy area, build a plaza or block of shops and rent them out to people. You will be shocked to find out that people will be happy and will willingly pay to have a shop there. But this will only be possible if the land is located in a busy area.
An event center: with the increase in human population all over the world, there is an increasing need for event centers as several events are held daily. You can see this around you and if you wish to make millions from your millions, then this is also a very ideal business to start.
Find a land along the road or a very good spot, build a very good structure (hall or theatre-like) and put a billboard showing that it is an event center.
Depending on the capacity of the hall, you will make enough money before you know it. For the business to grow well, you might consider starting a small bar or joint beside it, or any similar businesses there.
Start real estate investment: in one of my previous posts, I wrote about the real estate industry and how you can make lots of money form real estate ranging from land flipping to buying property, renting them, etc.
With a few million, you can buy a land somewhere, let it appreciate a little and sell it at a very high price. You can read our article on that and see the various opportunities available in the real estate industry.
Hotel Business: with the recent increase in human population and technology, there is a high demand for hotel and restrooms all over the world. Also, shows and concerts are organized every now and then by people, churches, organizations, artists and what have you. Starting this business is a sure way of making your own share off the money.
You can build a hotel in an area that is busy and with proper advertisement and management, you will make millions in no time. If you wish to make money with your millions, then invest in this business and you will not regret it.
As we have discussed these ideas, it is now left for you to choose one or more of them and invest on and I promise you will make millions out of your millions. We would like to hear from you; tell us if you have any other idea you wish to be added to the list or have you tried any? We would like to hear from you. Make use of the comment section and let us know.
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