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Block Industry Business Plan

20,000.00 10,000.00

The increasing need to build new residential houses, factories and offices to accommodate Nigeria’s large population has made cement block production a very lucrative business in the country. Over the last 10 years, building and construction sector has undergone strong growth rates in the range of 8-10% in Nigeria (Source: National Bureau of Statistics, 2013).

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Table of content                                                                              Page

Executive Summary                                                                               3

Introduction                                                                                            4

Business Description                                                                             5

Products and services                                                                           7

Market Research                                                                                    8

Competitor Analysis                                                                               11

Sales and Marketing Plan                                                                      12

Operational Plan                                                                                    13

Management and Structure                                                                 15

Financial Plan and Projections                                                             18

 

Executive Summary

PATILAD BLOCKS is a business involved in the manufacturing of building concrete, bricks and blocks for masonry, builders association, housing consultant, development agencies, construction workers etc.

 

We make block of uniform quality and sell them at a price high enough to cover costs and make a reasonable profit.

 

Cement concrete blocks are modern construction materials and as such are use in all the construction viz: residential, commercial, and industrial building construction.

 

The business is owned by Dayo Adetiloye with over 15 years experience in Block making and construction works industry.

 

The project set up cost is N5 million using imported machines.

The project is very profitable. With aggressive marketing strategies, good management, and the payback period would be less than 2 years. The return on investment is very encouraging at 25 per cent of profit.

 

We forecasted a 40% market share. The business will generate a very high gross margin and a modest net margin after year one and comfortable margin after year three. By year three the business will have developed a respectable yearly net profit.

Weight 3 kg
Dimensions 90 x 60 x 91 cm

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