Table of content Page
Executive Summary 4
Business Description 7
Products and services 11
Market Analysis 11
Competitor Analysis 13
Sales and Marketing Plan 14
Operational Plan 20
Management plan 25
Financial Plan and Projections 26
PATILAD Snail Farm is a start-up snail farm that is involved in production and processing of quality and affordable fresh table-sized snail meat and other semi-processed snail derivatives targeting consumers in southwest Nigeria and is located in Osogbo Osun state.
PATILAD Snail Farm is established as a limited liability company owned by Dayo Adetiloye, Kemi Awe, and other investors. The farm is managed and directed by Dayo Adetiloye, a veteran in the Agric. industry with over 8 years’ experience and Kemi Awe, an experienced Agro-allied specialist with over 15years’ experience.
Products and Services
PATILAD Snail Farm will sell Snail products, including fresh table-sized Snail and other semi-processed Snail derivatives.
We also offer Kill–‐Cut–‐Wrap–‐Freeze (KCWF) services (e.g., traditional cuts in paper or cryovac packaging). Our products are hygienic, rich in protein and of high quality. We produce, process and package to meet standard organization of Nigeria and international standard.
In the high-altitude forest areas of West Africa, particularly in Ghana, Nigeria and Côte d’Ivoire, snail meat forms a substantial part of the meat in the diet of the local people. Snails are gathered in the wild, packed into bags, wooden crates or baskets and transported to selling points along main roads or to urban centres.
The most common species sold at the roadside in West Africa are snails, duikers, brush-tailed porcupines, hares and grasscutters. Snails and grasscutters fetch the highest market prices per kilogram. In urban areas, the gatherers may sell the snails directly to consumers or to wholesale traders or retailers. Snails can be smoked and stored for sale during the off season when prices are highest.
Competitors for PATILAD Snail Farm includes High Tide Farms, Blessed Hope Snail Farm, Snailcare Farm, Obasanjo Farm Nigeria. PATILAD Snail Farm will establish its competitive edge through the expertise of its founders.
PATILAD Snail Farm seeks N5 million in long-term financing to cover start-up costs, equipment, building expenses, and working capital.
Funding for the launch of the business is provided primarily by equity from the partners and investors.
The business will reach positive cash flow in its 10th month of operation, allowing for expedited repayment of its loan obligations, as well as for dividends to be paid to the owners. Revenue will top N70,278,550 and profit will reach about N31,276,413 in the 1st year of operation.