How a Small Phone Accessories Shop Turned ₦850,000 Worth of Inventory Into a Business Generating ₦31 Million a Year - TrocStories

How a Small Phone Accessories Shop Turned ₦850,000 Worth of Inventory Into a Business Generating ₦31 Million a Year

When Victor opened his phone accessories shop in Port Harcourt, he wasn’t trying to build a big business.

He simply wanted something that could generate consistent income.

The shop was small.

Less than 100 square feet.

A glass display case.

A few shelves.

Several chargers.

Phone cases.

Power banks.

Earphones.

Screen protectors.

And not much else.

His starting inventory was worth roughly ₦850,000.

Most days were quiet.

Customers walked in, bought a charger or earpiece, and left.

Transactions were small.

Margins were decent.

But volume was low.

At the end of most months, revenue averaged around ₦450,000 to ₦700,000.

After rent, transportation, staff support, and restocking, profits rarely exceeded ₦120,000.

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