22216

Rice Depot

Nigeria
Market: Trade
Project stage : Operating business

Date of last change: 09.10.2017
Sale price
$ 1.000
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share to sell
50%
Rating
equalizer 534 from 1000
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Also this project:
- is looking for investment
Does the enterprise work?
Yes
Idea
JILF Rice Depot is an amazing startup business in Akure, Nigeria that sees to the distribution of rice in the State. We sell rice from different producers to give consumers a sense of choice and a good customer service.
Current Status
The business is growing and making sales around Nigeria ands has gained customers trust for its amazing customer service and trust.
Annual sales, $
7000
Annual net income, $
5000
Type of property
Real estate
Property and assets
A 50% equity will be sold to the intrested investor.
Organizational form
CAC (Corporate Affairs Commission)
Number of employees
Problem or Opportunity
In Nigeria, their is a certain part where rice is very scarce and at high demand but no one has noticed that part. So with the investment, we will be able to take hold of that opportunity to increase our sales and recognition.
Solution (product or service)
We sell different type of rice and promote to alot of people, and with your help we will be able to cover more grounds and make more profit at the same time satisfy the need of the consumers.
Competitors
There are competitors but in the case of the opportunity, there are no competitors because no one has noticed the demand from this area.
Advantages or differentiators
Our well trusted customers support and advertising strategies gives us an edge over competitors. Due to the newly discovered opportunity, our business can go into limelight and over ride all competitors in this business. Thank You.
Finance
In Nigeria, a bag of rice from the Manufacturers cost 10000 naira and we sell to consumers or other retailers at 16000-18000 naira. If we can get your investment, we will sell 10000 units per day at an average of 17000 naira which is 170 million Naira that is an equivalent of $500000.
Business model
A dynamic and highly industrial Rice Depot.
Reason for sale
Market
We have customers all over Nigeria and make sales of up to 500 units per day which will increase rapidly if we can grab the opportunity expressed above. The rice market is at very high demand in Nigeria and we hope to sell up to 10000 units of Rice per day with this investment. Making it 300000 units per month.
Risks
As at now, there are no risks but we must grab this opportunity fast enough before anyone does.
Invention/Patent
Videos
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Does the enterprise work?
Idea
Current Status
Annual sales, $
Annual net income, $
Type of property
Property and assets
Organizational form
Number of employees
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Business model
Reason for sale
Market
Risks
Invention/Patent
Videos
 
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