BATTERY RECYCLING & ENERGY STORAGE SYSTEMS BUSINESS PLAN

TABLE OF CONTENTS

Title Page
Executive Summary

1.0 Executive Summary

1.1 Mission Statement
1.2 Vision Statement
1.3 Core Values
1.4 Business Objectives
1.5 Products and Services
1.6 Market Opportunity
1.8 Startup Cost and Funding Requirement
1.9 Expected Financial Performance Summary

2.0 Business Description

2.1 Company Overview
2.2 Company Name and Legal Status
2.3 Ownership and Management Structure
2.4 Business Location and Facilities
2.5 Legal Structure
2.6 Strategic Goals
2.7 Key Success Factors
2.8 Industry Outlook

3.0 Market Analysis

3.1 Industry Overview
3.2 Target Market
3.3 Market Trends
3.4 Market Demand Estimate
3.5 Competitive Analysis
    3.5.1 Key Competitors
    3.5.2 Competitor Strengths and Weaknesses
    3.5.3 Competitive Advantage
3.6 SWOT Analysis

4.0 Operations Plan

4.1 Location and Facilities
4.2 Equipment and Machinery
4.3 Production Process
4.4 Staffing and Organization
4.5 Quality Control
4.6 Health, Safety, and Environment

5.0 Organizational Structure and Management Plan

5.1 Ownership Structure
5.2 Management Team
5.3 Advisory Team
5.4 Organizational Chart
5.5 Staff Development Plan
5.6 Succession Planning

6.0 Marketing Plan

6.1 Product Offerings
6.2 Unique Selling Proposition (USP)
6.3 Pricing Strategy
6.4 Promotion Strategy
6.5 Distribution and Logistics
6.6 Strategic Partnerships
6.7 Customer Retention Strategy

7.0 Management and Organizational Structure

7.1 Board of Directors
7.2 General Manager (GM)
7.3 Departmental Heads
7.4 Operational Staff
7.5 Organizational Chart

8.0 Financial Plan and Projections

8.1 Key Financial Assumptions
8.2 Startup Capital Requirements
8.3 Sources of Funding
8.4 Monthly Revenue Forecast (Year 1)
8.5 Annual Revenue Projection (Years 1–3)
8.6 Projected Cost of Goods Sold (COGS)
8.7 Operating Expenses
8.8 Profit & Loss Statement (Years 1–3)
8.9 Cash Flow Projection (Year 1)
8.10 Financial Performance Summary
8.11 Financial Highlights
8.12 Projected Balance Sheet (Year 1 – Summarized)
8.13 Key Financial Ratios (Year 1)
8.14 Break-even Analysis
8.15 Sensitivity Analysis (3 Key Scenarios)
8.16 Investment Return Summary
8.17 Summary & Practical Recommendations

9.0 Marketing and Sales Strategy

9.1 Target Market
9.2 Unique Selling Propositions (USP)
9.3 Promotional Strategy
9.4 Sales Forecast

10.0 Risk Analysis

10.1 Market Risks
10.2 Financial Risks
10.3 Operational Risks
10.4 Regulatory Risks
10.5 Competitive Risks
10.6 Economic Risks
10.7 Safety and Environmental Risks

11.0 Sustainability and Environmental Considerations

11.1 Environmental Responsibility
11.2 Socio-Economic Impact

12.0 Exit Strategy

13.0 Appendices

Appendix A: Key Assumptions
Appendix B: Regulatory Bodies
Appendix C: Equipment List
Appendix D: Abbreviations

1.0 EXECUTIVE SUMMARY

The Battery Recycling & Energy Storage Systems Business is designed to address two critical challenges in Lagos State and Nigeria at large:

1. Environmental pollution from discarded batteries
2. Growing demand for reliable energy storage solutions

The proposed company, ReStore Energy Solutions Ltd., will operate as an integrated battery recycling and energy storage systems company, focusing on:

• Collection and recycling of used lead-acid and lithium-ion batteries
• Refurbishment and repurposing of batteries
• Assembly and sale of energy storage systems (ESS) for solar, telecoms, and industrial applications

Lagos State generates thousands of tonnes of battery waste annually from vehicles, solar installations, telecom towers, UPS systems, and industrial backup power. Poor disposal practices pose serious environmental and health risks, creating a strong regulatory and commercial opportunity for a structured recycling operation.

The business will combine waste recovery, material resale, and energy storage system assembly, ensuring multiple revenue streams and strong margins.

1.1 Mission Statement

To provide environmentally responsible battery recycling and affordable energy storage solutions that support Nigeria’s transition to sustainable energy while creating economic value and jobs.

1.2 Vision Statement

To become a leading battery recycling and energy storage solutions provider in West Africa within 10 years.

1.3 Core Values

• Environmental responsibility
• Safety and compliance
• Innovation and efficiency
• Integrity and transparency
• Customer-centric service

1.4 Business Objectives

• Establish a compliant battery recycling facility in Lagos State
• Recycle a minimum of 3,000 tonnes of batteries annually by Year 3
• Develop affordable modular energy storage systems
• Achieve profitability within 24–30 months
• Reduce hazardous battery waste pollution in Lagos

1.5 Products and Services

Battery Recycling Services

• Lead-acid battery recycling
• Lithium-ion battery recycling
• Battery waste collection contracts
• Safe battery disposal services

Energy Storage Solutions

• Solar battery storage systems
• Telecom battery banks
• Industrial backup energy storage
• Refurbished battery packs (certified)

1.6 Market Opportunity

Key market drivers include:

• Rapid growth of solar installations
• High vehicle population in Lagos
• Telecom infrastructure expansion
• Environmental regulations tightening
• Rising cost of new batteries

The Lagos market alone presents a multi-billion-naira annual opportunity.

1.8 Startup Cost and Funding Requirement (Summary)

1.9 Expected Financial Performance Summary

• Year 1 Revenue: ₦780 million
• Year 2 Revenue: ₦1.15 billion
• Year 3 Revenue: ₦1.75 billion
• Net profit margin by Year 3: 18–22%
• Payback period: ~3 years

2.0 BUSINESS DESCRIPTION

2.1 Company Overview

ReStore Energy Solutions Ltd. will operate as a licensed battery recycling and energy storage systems company, serving Lagos State and neighboring regions.

The company will integrate:

• Waste collection
• Recycling and material recovery
• Battery refurbishment
• Energy storage system assembly

2.2 Company Name and Legal Status

Proposed Name: ReStore Energy Solutions Ltd.
Legal Status: Private Limited Liability Company (Ltd)
Registration: Corporate Affairs Commission (CAC), Nigeria

2.3 Ownership and Management Structure

2.4 Business Location and Facilities

Proposed Location:
Badagry–Agbara Industrial Axis, Lagos State

Facilities Include:

• Battery sorting yard
• Recycling processing plant
• Storage warehouses
• ESS assembly workshop
• Administrative office
• HSE and testing laboratory

2.5 Legal Structure

• CAC registration
• NESREA environmental approval
• Lagos State environmental permits
• SON compliance for storage systems

2.6 Strategic Goals

• Become a preferred battery waste handler in Lagos
• Secure long-term contracts with:
• Solar companies
• Telecom operators
• Auto workshops
• Expand into lithium battery recycling by Year 2

2.7 Key Success Factors

• Regulatory compliance
• Strong collection network
• Efficient recycling technology
• Skilled technical workforce
• Reliable downstream buyers

2.8 Industry Outlook

The battery recycling and energy storage industry in Nigeria is projected to grow at 20–25% annually, driven by renewable energy adoption and environmental enforcement.

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