TABLE OF
CONTENTS
1.0 Executive Summary
1.1 Business Overview
1.2 Our Vision
1.3 Our Mission
1.4 Business Objectives
1.5 Start-up Capital Requirement
1.6 Funding Request
2.0 Business Description
2.1 Industry
Background
2.2 Business
Opportunity
2.3 Business
Ownership & Legal Form
2.4 Products
and Services
2.5 Unique
Selling Points
3.0 Market
Analysis
3.1 Industry Overview
3.2 Market Trends
3.3 Target Market Segments
3.4 Competitive Analysis
3.5 SWOT Analysis
4.0 Operational Plan
4.1 Facility Location and Description
4.2 Equipment Requirements
4.3 Processing Workflow
4.4 Staff Requirements
5.0 Marketing and Sales Strategy
5.1 Marketing Objectives
5.2 Unique Selling Propositions (USPs)
5.3 Pricing Strategy
5.4 Promotion and Advertising Strategy
5.5 Distribution Channels
5.6 Customer Retention Strategies
6.0 Financial Plan
6.1 Startup Capital Requirement
6.2 Revenue Projections (First Year)
6.3 Monthly Operating Costs
6.4 Gross Profit Projection (Year 1)
6.5 Profitability Forecast (Years 1 – 5)
7.0 Organizational Structure and Management Plan
7.1 Organizational Structure Chart
7.2 Key Personnel Roles and Responsibilities
7.3 Recruitment Plan
8.0 Risk Analysis and Mitigation Strategies
8.1 Risk Identification and Mitigation Plan
9.0 Environmental and Social Impact Strategy
9.1 Environmental Sustainability Measures
9.2 Community and Social Impact
10.0
Exit Strategy
10.1 Potential Exit Options
11.0
Implementation Timeline
12.0
Appendices
12.1 Equipment List and Cost Estimates
12.2 Legal and Regulatory Requirements
12.3 SWOT Analysis Summary
1.0 Executive Summary
1.1 Business Overview
PrimeFeathers Agro Ltd. is a proposed medium-scale chicken processing venture
situated in Ikorodu, Lagos. The business will focus on the slaughtering,
cleaning, packaging, and distribution of processed chicken to supermarkets,
restaurants, hotels, and households across Lagos. With growing health awareness
and demand for hygienically processed meat, this venture is strategically
positioned to address the supply deficit in Lagos’s poultry value chain.
1.2 Our Vision
To become a leading, trusted supplier of hygienically processed chicken in
Southwest Nigeria, starting with Lagos State.
1.3 Our Mission
To provide high-quality, affordable, and hygienically packaged chicken products
to Nigerian consumers through efficient processing, cold-chain logistics, and
excellent customer service.
1.4 Business Objectives
Within the first 5 years, PrimeFeathers Agro Ltd. aims to:
- Process
and distribute up to 1,000 birds daily by Year 3.
- Expand
its distribution to cover 70% of Lagos supermarkets and major hotels.
- Achieve
monthly revenues of ₦25 million and a 25% profit margin by Year 4.
- Implement
full cold chain delivery with branded refrigerated vans.
1.5 Start-up Capital Requirement
The business requires ₦18.2 million in start-up capital, allocated as follows:
Category
|
Amount (₦)
|
Facility
Rent & Renovation
|
2,500,000
|
Equipment
& Installation
|
7,800,000
|
Initial
Raw Materials
|
2,000,000
|
Cold
Chain Logistics
|
3,500,000
|
Licensing
& Registrations
|
300,000
|
Marketing
& Launch
|
600,000
|
Working
Capital (6 months)
|
1,500,000
|
Total
|
₦18,200,000
|
1.6 Funding Request
We are seeking an investment or loan facility of ₦18.2 million to kick-start
the operation. The investor will receive either equity or a loan return at 20%
annual interest.
2.0 Business Description
2.1 Industry Background
The Nigerian poultry industry is worth over ₦1.6 trillion, with Lagos
accounting for a significant chunk due to its large population and food service
industry. Yet, over 60% of poultry consumption in Lagos remains informal and
unhygienic, dominated by live bird markets. This gap presents a huge
opportunity for hygienically processed, packaged chicken delivered with
traceable quality assurance.
2.2 Business Opportunity
Many consumers prefer clean, quick-to-cook options, especially working-class
families and institutional buyers. However, they face challenges such as
inconsistent supply, lack of trust in hygiene, and limited access to processing
centers. PrimeFeathers Agro Ltd. seeks to resolve these issues through a
well-located, compliant chicken processing facility with direct-to-retail
distribution.
2.3 Business Ownership & Legal Form
PrimeFeathers Agro Ltd. will be registered as a Limited Liability Company with
the Corporate Affairs Commission (CAC) and certified by NAFDAC and the Lagos
State Ministry of Agriculture.
2.4 Products and Services
The business will offer:
- Whole
frozen chicken (cleaned and packaged)
- Chicken
parts (wings, thighs, drumsticks, breast)
- Offals
(gizzards, liver, heart)
- Bulk
supply to restaurants, hotels, and supermarkets
- Home
delivery in Lagos (subscription-based)
2.5 Unique Selling Points
PrimeFeathers Agro Ltd. stands out due to:
- ISO-compliant
hygiene and safety protocols
- Cold-chain
delivery vans
- Branded
packaging with expiration & batch numbers
- Live
slaughter option with video feed (for transparency)
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