Photo - MILLHILL  GROCERS  LTD
23461

MILLHILL GROCERS LTD

Organic Farming, Retailing High Quality Fruits & Vegetables

Seychelles
Market: Food industry, Farming
Stage of the project: Idea or something is already done

Date of last change: 11.12.2017
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- is seeking a loan
 

Idea

We produce organic agricultural products mainly papaya, and chillies.
We will be retailing a highly selective of fresh farm , high-quality food items of organic produce

Current Status

We have already started, we are working on 3000 + plants. The balance of the 7000 plants will follow in Jan 2018.

Market

The fact is that we have already have a client that is willing to take all of our products, there will be always a need for food, what is important is to produce a high quality of fruits & vegetables with the right prize.The market is big enough

Problem or Opportunity

Great Opportunity for the company as all our product will be purchase by an other company which is still under formation.

Solution (product or service)

We decide to produce a high quality of Papaya and Chillies, not only becuase of the health benefit it carry but there is a market for it. We are looking forward on how we can used the papaya leaves too.

Competitors

There are no big competitors in our way

Advantages or differentiators

The main product is Papaya and with papaya we can use the fruits and the leaves that is an advantage.

Finance

Expectations from sales in the next 5 years are:

we are planting 7,000 papaya plants, but all our calculation will be on 6,000 plants.
Expecting to get 3 kg/plants/month, which is a very low expectation.
3 kg x 6,000 plants = 18,000 kg
$2.5 /kg
$2.5 x 18,000 kg = $45,000
8 months x $45,000 =$360,000
$360,000/yr
$360,000 x 5 = $1,800,000
$1,800,000 in 5 years only with Papaya
There are no tax on agriculture product.

Business model

Limited Company

Money will be spent on

Fund will be used for farming, cold storage unit, fruits & vegetables outlet, equipment, stock and cash flow.

Offer for investor

30% to 35% of the company

Team or Management

Risks

We have been very lucky with the weather so far. Climate is one which is always warm and does not reach extremes of heat or cold. The temperature rarely drops below 24°C or rises above 32°C.We are outside the cyclone belt.

Incubation/Acceleration programs accomplishment

To follow.

Won the competition and other awards

N/A for the company at this stage.

Invention/Patent

certificate of incorporation
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation