Andie Wears and Fabric Ventures
22641

Andie Wears and Fabric Ventures

Nigeria
Market: Production
Stage of the project: Operating business

Date of last change: 24.10.2017
Min investment
$ 15.000
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$ 40.000
Rating
equalizer 158 из 1000
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Idea
We are into the production and Distribution of Male Casual Wears which are simple, unique and affordable.
Current Status
Small Scale Production
Market
The target market for the business are majoring male from the general public who are within the age group of 5 years and above. They are classified as Parents, Students, Working Class (Bankers, Civil Servants, Engineers, Doctors etc) and Business Men/Women (Retailers and Wholesalers).
Problem or Opportunity
Problem Solving in line with the production and Opportunity for profit making and Job creation.
Solution (product or service)
Our decision is to but the large scale producer of Nigeria's Native Casual Wears in Africa and beyond.
Competitors
Local Tailors
Advantages or differentiators
The advantage we have over our competitors is that they are easy to accessed and have cheap labour but are very disappointing and poor finishing. That is what we leverage on to solve that problem by promoting unique, simple and affordable wears.
Finance
The business is budgeting to have a profit of about Eight Million, Nine Hundred and Eighty Two Thousand Naira (8,982,000) by the end of the year 2018 after the deduction of every expenses from the sales of our products.

Due to the company goals and objectives which is production of 1000 pairs of casual wears every quarter of thevYear and meeting up with the demand of the customers, we will need about Seventeen Million, One Hundred and Thirty Thousand Naira Only (N17,130,000). This will assist in acquiring necessary machineries required in achieving the company goal.
Invested in previous rounds, $
Business model
Andie wears and fabrics is an incorporated business with the Nigerian authorities that is into the production and service delivery for male wearing apparel. The organisation and management is sole proprietorship, the apparel production business and tailoring services is aimed at adding valued to male fabrics through the processing of textile based products to produce male casual wears.

The business is therefore planning to settle a factory base and expand its production, distribution and operations.

The company is presently employing the services of eight personnel that includes the business promoter which comprises of the Managing Director/Chief Executive Officer(MD/CEO), General Manager Operations (GMO), Sales Manager. Production Manager and tailors.

The business project cost for the expansion will be $40,000 for the office and factory/rent/furnishing, machinery acquisition, raw material and other working capital expenses.

Money will be spent on
TECHNICAL AND OFFICE RESOURCES NEEDED
Bigger work space for office use and Factory - N400,000
10 Head Monogram Machine - X 1 – N5,000,000
Emeil, Singer or BrotherButton Hole Tailoring Machine - X 1 - N90, 000
Emeil, Singer or Brother Weaving Machine - X 1 - N80, 000
Emeil, Singer or Brother Sewing Machines - X 5 - N90,000 each.
Emeil, Singer or Brother Embroidery Machines - X 4 - N130, 000 each.
Laptop Computer - X 1 - N120, 000
Desktop Computer - X 1 - N100, 000
A4 size Printing Machine - X 1 - N30, 000
D3400 Nikon Digital Camera - X -1 – N170, 000
HUMAN RESOURCES NEEDED
Production Manager - To be employed as a Consultant.
Photographer - To be employed as a Consultant.
FINANCIAL RESOURCES NEEDED
Working Capital - Loan - N10, 000, 000 - 6 to 36 Months Repayment.
Working Capital - Grant - N5, 000, 000
Offer for investor
Mentors & Advisors
Lead investor
Risks
Natural disaster.
Incubation/Acceleration programs accomplishment
Entrepreneurship Development Training.
Won the competition and other awards
Certified Entrepreneurs
Invention/Patent
Videos
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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
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Videos
 
Want to invest
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