ICE BLOCK PRODUCTION BUSINESS PLAN

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Product Category: Business Plan

Product Code: 00009925

No of Pages: 15

No of Chapters: 10

File Format: Microsoft Word

Price :

₦5000

  • $

TABLE OF CONTENTS

 

1.0    Executive Summary

1.1    Business Overview

1.2    Objectives

1.3    Mission Statement

1.4    Vision Statement

1.5    Keys to Success

 

2.0    Company Description

2.1    Legal Structure and Ownership

2.2    Business Location

2.3    Products and Services

 

3.0    Industry and Market Analysis

3.1    Industry Overview

3.2    Market Trends

3.3    Target Market

3.4    Competitive Advantage

 

4.0    Operational Plan

4.1    Production Process

4.2    Facility and Equipment Needs

4.3    Staffing Plan

 

5.0    Marketing and Sales Strategy

5.1    Branding Strategy

5.2    Pricing Strategy

5.3    Promotion and Advertising

5.4    Sales Channels

5.5    Customer Retention

 

6.0    Financial Plan

6.1    Startup Capital Requirements

6.2    Revenue Projections (Year 1 – Year 3)

6.3    Expense Forecast (Annual Operating Costs)

6.4    Profit Projection (Before Tax & Depreciation)

6.5    Breakeven Analysis

 

7.0    Risk Assessment and Mitigation

7.1    Key Risks

 

8.0    Sustainability and Expansion Plan

8.1    Environmental Responsibility

8.2    Social Impact

8.3    Business Scalability

 

9.     Appendices

Appendix A: SWOT Analysis

Appendix B: Market Survey Summary

 

10. Conclusion

 

 

 




 

1. Executive Summary

1.1 Business Overview

Lagos Chill Ice Blocks Ltd. is a start-up dedicated to the production and wholesale distribution of clean, high-quality ice blocks to meet the growing demand from households, food vendors, fishermen, event planners, cold beverage sellers, and restaurants across Lagos. The business will be located in Alimosho LGA, strategically positioned to serve major urban and peri-urban markets in Lagos Mainland.

The ice block business in Nigeria thrives due to frequent power outages, high ambient temperatures, and widespread use of ice for cooling perishables and beverages. Lagos, as Nigeria's commercial capital with high population density and vibrant market activity, is a prime location for such a venture.


1.2 Objectives

  • Produce a minimum of 300 blocks of ice per day in Year 1 and scale up to 600 daily blocks by Year 3.
  • Secure consistent daily clientele including at least 40 retailers and food vendors in the first six months.
  • Break even within the first 8–10 months of operation.
  • Expand to mobile delivery service across Lagos by the second year.


1.3 Mission Statement

“To provide clean, affordable, and consistently available ice blocks that support small businesses, communities, and event planners in Lagos State.”


1.4 Vision Statement

“To be the leading and most reliable ice block production brand across Lagos, renowned for quality, hygiene, and timely delivery.”


1.5 Keys to Success

  • Uninterrupted production via dedicated power systems (generator + inverter + solar backup)
  • Use of food-grade water treatment for safe ice
  • Affordable pricing strategy to outmatch competitors
  • Delivery van to expand customer reach and reduce walk-ins

 

2. Company Description

2.1 Legal Structure and Ownership

Lagos Chill Ice Blocks Ltd. will be registered as a Limited Liability Company (LLC) with the Corporate Affairs Commission (CAC). Ownership will be shared among two partners, with the managing partner holding 60% equity and the technical partner 40%.


2.2 Business Location

The business will operate from a leased property in Aboru, Alimosho LGA, selected for its affordability, access to major markets, and availability of industrial borehole water. The facility will include:

  • A production room (10m x 7m)
  • Water treatment & storage section
  • Cold room for pre-distribution holding
  • Generator and fuel storage space
  • Loading area for van logistics


2.3 Products and Services

  • Standard-sized rectangular ice blocks (10kg each)
  • Custom sizes upon request (for bulk buyers)
  • Delivery services to select clients and locations
  • Event-day emergency supply services (with extra charge)
  • Ice chest rentals (Year 2+)

 

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