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Heyes-Cole Services

Heyes-Cole Movers

Nigeria
Market: Logistics and warehouses
Stage of the project: Operating business

Date of last change: 21.02.2019
Min amount of loan
$  10.000
Estimated yield
24 % a year
Go to the owner's profile
4
Total required
$ 60.000
Rating
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Also this project:
- is looking for investment
- sells business
 

Idea

Heyes-Cole Movers is a registered and licensed moving company that is located at 39 Adisa-Akintoye Street Ketu Lagos State. We realized the volume of individuals and organizations that relocate and set up a new branch within and outside Lagos state respectively against the few professional moving company in the state/country has created a wide gap and a ready market. This is why with the experience I have working in this industry, I decided to start Heyes-Cole Movers to ease the stress of relocation and also provide much better relocation services.

Current Status

Over the past one year, a team of eight logistics officers and myself have worked to execute jobs for both individuals and organizations within and outside Lagos state. Our business has been tested and proven to be a business that will be in operation for decades for as long as people are relocating, organizations are expanding.
Over the past one year, we have been able to render our services to over thirty (30) clients (both individuals and organizations) and have generated over seven thousand dollars ($7,000.00) in revenue. We receive up to 25 enquiries monthly which is based on our current advertising budget. We could have generated more revenue by executing more jobs but we were limited, due to lack of own moving box truck.

Market

Our target market is basically every one (organizations and individual as well who has a cause to move goods and materials from one location to another. In other words, our target market is the whole of the Lagos state and nigeria. Below is a list of the people and organizations that we have plans to do business with;
Merchants and Warehouse Operators
Retailers who would want to move their goods from one locations to another
Manufacturers (Chemical manufacturers, and Textiles manufactures et al)
Households who would want to move from one apartment to another
Corporate organizations who would want to move from one office to another
Government agencies who have cause to mover goods and materials from one locations to another locations
Non–Profits and Charity organizations that have cause to move goods and materials from one location to another.

Problem or Opportunity

I am pleased to provide you with our attached financial forecast template and extend to you an opportunity to invest in logistics industry the 'No hassle' way. As the pace of life seems to be getting faster, individuals, business executives continually have need to relocate and be closer to family, friends, and work and also seek comfort. But with their busy business schedule and the stress of relocation, they will always want to engage the services of a logistics company that is trusted enough to handle their property and also deliver on time. This is where Heyes-Cole Movers step in to save the day.

Competitors

Swift Movers
Moveme
Rodrill Movers

Advantages or differentiators

At Heyes-Cole Services, we are passionate in the pursuit of excellence and financial success with uncompromising services and integrity which is why we have decided to start our own moving and storage business; we are in the industry to make a positive mark. We are quite optimistic that our values and quality of service offering will help us drive our business to enviable heights and also help us attract the numbers of clients that will make the business highly profitable. We are a company that will be dedicated to establishing good business relationship with our clients giving them value for their money and reasons for them to hire our services over and over again. We are quite aware that in order to become the number one choice in our city, we must continue to deliver timely and quality services and that is exactly what we will do. We are open to the use of latest technology in The Moving and Storage industry. No doubt our excellent customer service and the quality
of services we offer will position us to always welcome repeated customers and handle massive deals both from government agencies and industrial giant

Finance

Rate for One Bedroom Apartment
Standard Package: $110
Premium Package: $137
Deluxe Package: $160

Rate for Two Bedroom Apartment
Standard Package: $137
Premium Package: $178
Deluxe Package: $219

Rate for Three Bedroom Partment
Standard Package: $178
Premium Package: $219
Deluxe Package: $250

Rate for Four Bedroom Partment
Standard Package: $195
Premium Package: $230
Deluxe Package: $280

Rate for Five Bedroom Partment
Standard Package: $210
Premium Package: $265
Deluxe Package: $300

Loan terms

24 months

Interest rate, %

24

Pledge and assets

i pledged that the truck that will be purchase wiyh the loan amount will stand as Pledge.

Business model

5.1: Key Partners
Real Estate Company
Individual House Agent
Interior Decoration Company
Google Adword
Search Engine Optimization

5.2: Key Activities
Marketing and Customer Acquisition
Service Development and Management
Conducting Pre-Move Survey
Hiring Business Development Officers
Managing Contract and Full staff payouts
Customer Support

Revenue Streams
Apartment Relocation per Packagesbasis
Apartment Relocation per Bedroom Size
Corporate Relocation per Sqm basis
Corporate Relocation per Package basis
Furniture/Goods per quantityof inventory basis

Solution (product or service)

Heyes-Cole Movers have safely moved families and their valued possessions to new homes. Each undertaking regardless of size is treated with the same professionalism and trained competence as standard. We provide deluxe skilled packing using the latest, most robust materials, optimal time planning, modest pricing & a friendly manner to make your relocation as smooth & pain free as possible. Our customers know that when they entrust their change of residence to our professional team they can do so with absolute confidence, this is why over many of our business is from satisfied repeat customers. We have come up with a variation of different packages to help serve our client better.
Basic package:
Provision of truck and carton excluding manpower for loading and offloading of client’s inventory.
Standard Package:
Provision of box truck, cartons and manpower for loading and offloading of inventory prearranged by client.
Compact Package:
Provision of cartons, protective materials, box truck, manpower (loading and offloading), arrangement and packing of client’s inventory.
Premium Package:
Provision of cartons, protective materials, box truck, manpower (loading and offloading), arrangement and packing of client’s inventory, rearrangement of client’s inventory after offloading.

Risks

Political: The unstable policies and lack of clear cut agenda of government poses treat to business.
Economy: High cost of living sparked by recession affects people.
Social: Bad customer service experience spreads faster than the good ones through word of mouth.
Technology: The ever changing trend and the cost of adapting can affect business.
Environmental: Being in non-remote area can affect the business.

Incubation/Acceleration programs accomplishment

Paticipated in Startup (Startany)

Won the competition and other awards

got through to the Monitory program stage.

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Competitors
Advantages or differentiators
Finance
Financed earlier, $
Loan terms
Interest rate, %
Type of pledge
Pledge and assets
Business model
Solution (product or service)
Team or Management
Lead creditor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation