Photo - Chimex001
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Chimex001

Nigeria
Market: Services
Stage of the project: Idea or something is already done

Date of last change: 30.10.2017
Min investment
$  2.000
1
Total required
$ 16.000
Rating
equalizer 116 из 1000
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Idea

To create something big irrespective of the Location

Current Status

It's a vision that has all idea in place And ready to kick off if the funds are available

Market

In the nearest future it would have grown, from just 1 eatery to 3 or more eatery, due to the fact that it has high demand

Problem or Opportunity

The opportunity are very high in the sense that the location itself is an opportunity, it is a strategic place where customers can't take their eyes off, an also the location is so beautiful that when a customer comes in he/she can't just leave without patronizing, in other words the beauty is one of the biggest reason customers would want to come

Solution (product or service)

It's an eatery, where you can just stop by and get some light to eat

Competitors

The competitors are few and their market share is high due to the fact that there is no competition

Advantages or differentiators

1) Service : our service would be different from their
2) Meals : it's going to be more sweeter than their
3) Organization

Finance

Due to the fact that it is an eatery, the prices would definitely varies.
In the next 5 years I don't see the price dropping due to the fact the demands are high but the supply is low

Business model

Our objective
To establish a presence as a successful eatery an also grow into a national eatery industry

Our mission
Our main goal is to be one of the most successful fast food outlets in Nigeria , starting with one retail outlet located beside a major shopping mall
Our main focus will be serving high-quality food at a great value.

Money will be spent on

Money to be spent on
1) Space ( Venue for the eatery)
2) Interior decoration
3) Item to start the mall
4) resources for the beginning of the work

Offer for investor

37% Of the profit

Risks

Risks are low, but if there is to be any risk it could be in August/ March because turn out in August / March is very low. The competitors are matured their attitudes would be matured also

Incubation/Acceleration programs accomplishment

Participation in Starting up a Super mart In Lagos Nigeria 2014
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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
Product Video