Cooking Gas Plant Business Plan Template in Nigeria
Table of Contents
Cooking Gas Plant Business Plan Template in Nigeria – Gas plant business plan template in Nigeria is available here. In fact this is where you get comprehensive detailed cooking gas business plan template in Nigeria for now. The reason is because ours is special. It’s a model that gives you customized business plan with business plan questionnaire that enables you participate in production of your business plan. We don’t support the idea of using ready-made adjustable ones for your business. We still have them if that is what you want. Get Cooking Gas Plant Business Plan Template in Nigeria here.
Furthermore, associated with gas plant business plan template in Nigeria are researchable keywords like lpg filling plant business plan, cooking gas refilling business in Nigeria, mini cooking gas plant, cooking gas plant design, and gas supply business plan. Whatever name you call it along cooking gas business value chain, we have the business plan. In this write-up is an illustrative cooking gas business plan. If you contact us, you will have the comprehensive business plan that will help you pilot your cooking gas plant business.
Cooking Gas Plant Business Plan Template in Nigeria
As a matter of fact, starting cooking gas plant is indeed one means of owning business portfolios in oil and gas industry. In deed it’s a money spinning business in Nigeria currently. If then starting cooking gas plant is your business dream, one thing that will set your foot on higher ground is a winning business plan which we can do for you. Here is sample cooking gas plant business plan for your good self.
Cooking Gas Plant Business Plan Template in Nigeria: Illustrative Business Plan
Cooking Gas Plant Business Plan – Executive Summary
This 3-year business plan/projection is for Kitchen Pipeline Gas Limited. Kitchen Pipeline Gas Limited is fully registered and licensed business venture that operates a standard cooking gas plant in Nyanya, Abuja, Nigeria. We have been able to secure all required business licensing from both AMAC and FCT government.
Furthermore, as a cooking gas plant, our basic services to our customers and the public in general is to sale both on retail and wholesale cooking gas to both individuals and small businesses. We also run associated related businesses services like procurement and marketing of cooking gas cylinders, gas cooker accessories and gas cooker repair and servicing workshop.
Cooking Gas Plant Business Plan Template in Nigeria
As a matter of fact, Kitchen Pipeline Gas Limited is owned by 3 brothers; Kelechi, John and Mark, who pooled up their resources to this effect. The capital outlay of this business is twenty-one million Naira which are comtributed on equal basis by the three brothers. Kelechi, the oldest of the three is the Managing Director. Kelechi has B.Sc. in Business Administration and Management from the University of Abuja and he has over 15-year work experience in the oil and gas industry. He will be bringing his wealth of experience to build Kitchen Pipeline Gas Limited to favorably compete with other leaders in the industry.
Consequently, this business plan feasibility analysis reveal that there is a total of N300,000,000 ( three hundred million Naira) turnover in the first year and growth is mintained at 30% in year two and three. This gives a total net profit of N135,000,000 after paying all mandtory tax liabilities totaling N15,000,000.00 in the first year, N175,5000,000 net profit and N21,060,000.00 taxation in the second year. The growth is sustained in the 3rd year too.
This business plan is a start-up business plan intended to guide the opertions of the business for the next three year.
Cooking Gas Plant Business Plan Template in Nigeria: Company Profile:
Kitchen Pipeline Gas Limited is a fully registered and licensed business venture that operates a standard cooking gas plant in Nyanya, Abuja, Nigeria. Kitchen Pipeline Gas Limited is owned by 3 brothers, Kelechi, John and Mark, who pooled up their resources to this effect.
The trial operations started last six months. Our operation is open to use of latest technology in cooking gas business. No doubt our excellent customer service and the range of additional complementary services we offer will position us to become one of the most preferred cooking gas plants in the whole FCT.
At Kitchen Pipeline Gas Limited, we re passionate in pursuit of excellence and financial success with uncompromising services and integrity. We re in the industry to make a positive mark. Therefore, we are quite optimistic that our values and quality of products and service offering will help us drive our cooking gas plant business to enviable heights. That will also help us attract the number of clients that will make the business highly profitable. We re a company that will be dedicated to establishing and maintaining best practices as it relates to cooking gas plants business.
Cooking Gas Plant Business Plan Template in Nigeria
Cosequently, Kitchen Pipeline Gas Limited will ensure that customers re given first class treatment whenever they visit our cooking gas plant for refill or to make enquiries. We have CRM software that will enable us manage a one on one relationship with our customers no matter how large the number of our customer base may grow to. We will ensure that we get our customers involved when making some business decisions that will directly or indirectly affect them.
Cooking Gas Plant Business Plan Template in Nigeria: Business Overview
As you may know, a cooking gas plant is place where both individual and small businesses that retail cooking gas go to refill cooking gas cylinders. It’ s usually more organized and bigger than the average small scale gas shops that you can find around street corners. In essence businesses in this industry retail cooking gas to individuals and small businesses.
Another fact is, the Cooking Gas Plants business over the years has experienced modest amount of volatility. As a matter of fact, as more Nigerians switch from kerosene stoves to gas cookers, the demand for cooking gas also increases. Further more is the effect of growth in per capita disposable income. This is so felt that households, even smaller ones and individuals in smaller apartments would choose to go for gas cooker no matter how small. Besides, in Nigeria of today, it’s now known to be more economical to use cooking gas.
Just like other industry,cooking gas plant operations has also experienced its fair share of ups and downs over the last five years. This is due to incessant restiveness in Niger Delta area of Nigeria and also recent fall in global oil and gas prices.
Cooking Gas Plant Business Plan Template in Nigeria
The Cooking Gas Plant industry is indeed very large industry and is thriving in all parts of the world especially in Africa. In Nigeria alone, there re lots of cooking gas station scattered all around metropolitan cities such as Lagos, Abuja, Port Harcourt, Ibadan, Kaduna and Calabar et al.
Additionally, the industry employs several thousands of people. There is no cooking gas plant company that can boast of having the lion share of Nigerian market, more so, the industry is an open one due to federal government’s liberalisation policy on the sector. That’s why residential estates and busy cities with growing population re attrating cooking gas plants steadily.
Cooking Gas Plant Business Plan Template in Nigeria: Our Products and Services
Kitchen Pipeline Gas Limited is fully registered and licensed cooking gas plant. As a comercial enterprise one of its objectives is to maximize profits. Therefore, aside from the fact that we will be retailing cooking gas to households and small businesses, we will also engage in other complimentary services that will help us maximize profits in the business.
Consequently, the products and services that will be made available will include;
- Cooking Gas at filling plant
- Gas Cookers
- Cooking Gas Cylinders
- Gas Cooker Accessories
- Gas Cooker Repair and Servicing Workshop
Our Vision Statement
The Vision is to operate chains of cooking gas plants in strategic locations all round FCT and in other nearby major cities.
Our Mission Statement
The mission is to develop highly successful and profitable chains of cooking gas plants with state of the art facility using latest technology; a business that will not only meet the needs of her clients but also supersede their expectations.
Our Business Structure
Kitchen Pipeline Gas Limited is set to become one of the leading cooking gas plant business in the whole of FCT and other cities where our chains of cooking gas plants will be located. This is why there is need for us to build solid business foundation and business structure that will enable us achieve our aims and objectives.
We are poised to building efficient workforce. A team and dedicated workforce that will work together to help the organization achieve its set targets. Kitchen Pipeline Gas Limited will employ customer centric and skilled people to occupy the following position;
- Chief Executive Officer
- Gas Plant Manager
- Accountant / Cashier
- Human Resource and Admin Manager
- Pump Attendant
- Store Manager
- Gas Cooker Repairs and Maintenance Manager
- Truck Driver
- Security Guards
Cooking Gas Plant Business Plan Template in Nigeria: SWOT Analysis
As a matter of fact, starting a cooking gas plant is indeed capital intensive especially for start-up entrepreneurs who may not have huge sums of money saved in banks. We re aware that it will require lots of cash to set up standard cooking gas plant Abuja.
Moreover, one of the analytical tools that re required to position us in building successful cooking gas plant business is SWOT Analysis. To ascertain what our challenges and opportunities re in this business, we hired the services of a Business consultant who is based in Abuja to research and analyse what these challenges re and to what extent they will affect our business. Complete Full Marks Consultants limited did nice work and the findings re enumerated in this business plan.
Here is the result we got from the SWOT analysis that was conducted on behalf of Kitchen Pipeline Gas Limited, Abuja.
Cooking Gas Plant Business Plan Template in Nigeria
Our Strength:
Kitchen Pipeline Gas Limited location is an advantage. It’s centrally located along one of the busiest area in Abuja, Nyanya. Our location is in fact one of our major strength. Another source of strength comes from offering basic service that our competitors re not offering.
The vast experience of our management team is a big strength. Our excellent customer service culture will definitely count as strong strength for the business.
Weakness:
Our perceived weakness could be that:
- Kitchen Pipeline Gas Limited is a new cooking gas plant,
- Ownership of the business is that of individual (small family),
- Don’t have the financial capacity to sustain the kind of publicity that can give us leverage over our competitions immediately, and
- Our inability to start operation of other gas plants in various cities in Nigeria as planned immediately.
Cooking Gas Plant Business Plan Template in Nigeria
Opportunities:
Our centrally located operational plant in Nyanya, Abuja means we are open to all available opportunities that the city has to offer.
Secondly, our business concept positions us to attract people who would like to service and repair their gas cookers, purchase gas cookers, gas cylinder and accessories. Nyanya which is one of the few densely populated communities in FCT with handful of higher institutions present itself as great business opportunity.
Threat:
One of the major threats that confront businesses all over the world is economic downturn. When the economy is bad it affects consumers spending capacity. The downturn of our economy is in fact affecting business activities. Another threat that we re likely going to confront is the emergence of a new cooking gas plant, small gas shop or even a filling station that retail gas within same location where ours is in future.
Cooking Gas Plant Business Plan Template in Nigeria:
THE MARKET:
Market Trends
A noticeable trend in cooking gas plant business is high spirit competitive posture of cooking gas plant owners to keep afloat in business. Therefore, they go extra miles to ensure that they make their facility welcoming and conducive for customers.
Furthermore, most cooking gas plants now have stores where they retail gas cookers, gas cylinders, and gas cooker accessories and also a gas cooker repair and servicing workshop within their facility so as to leverage on the opportunities around them to generate more income.
Another trend in this line of business is the opening of chains of cooking gas plant in various locations all around key towns in Abuja. In addition, some cooking gas plant now do home delivery services in response to clients’ request. This enables creation of clients loyalty base.
Cooking Gas Plant Business Plan Template in Nigeria
Our Target Market – Market Segmentation:
Before choosing a location for our cooking gas plant business, we conducted feasibility studies and market survey . With that, we were able to identify the location that will enjoy our products and service offerings greatly. Nyanya and its environs suits our findings.
Essentially those who will benefit from our service offering re:
- Households,
- Small businesses that retail cooking gas
- Corporate executives,
- Business owners like bakeries and restaurants,
- Students and caterers et al.
Cooking Gas Plant Business Plan Template in Nigeria: MARKETING STRATEGY
- Marketing/Sales Strategy
The marketing strategy adopted by Kitchen Pipeline Gas Limited is going to be driven basically by:
- Making available standard and safe cooking gas, gas cookers, cylinders and accessories et al,
- excellent customer service and provision of complimentary services.
To this effect;
- We will work hard to build loyalty customer base.
- Concessional prices for customers who patronize us over and over again,
- We want to drive sales via making available easy and safe to use cooking gas pumps etc.
- Our various complementary service offerings such as retailing gas cookers, gas cylinders, and gas cooker accessories, gas cooker repair and servicing workshop.
In addition, other start-up marketing and sales strategies to be adopted include:
- Introducing our cooking gas plant by sending introductory letters to residence, household, caterers, merchants and other stakeholders both in Nyanya and other communities around.
- Open our cooking gas plant with party to capture the attention of residents who re our first targets
- Advertise our cooking gas plant on national dailies, local TV stations and local radio station
- Promote our cooking gas plant online via our official website and all available social media platforms
Sustainability marketing and sales strategies will include:
- Continuously Improving the performance of our brands
- Hire the services of experts to make our brands the first choice for household and residents in Nyanya,
- Delivering consistent customer experiences to all our clients; making our first impression count positively
- Make use of attractive hand bills to create awareness and also to give direction to our cooking gas plant
- Adopt direct mailing coupon marketing approach
- Position our signage / flexi banners at strategic places all around Nyanya town,
- Create a loyalty plan that will enable us reward our regular customers
- Engage on road shows within our neighbourhood to create awareness for our cooking gas plant.
Cooking Gas Plant Business Plan Template in Nigeria
FINANCIAL ANALYSIS:
Capital & Operating Expenditure (Budget)
In setting up any business, cost will depend on the approach and scale you want to undertake. Your goals, vision and aspirations for business count also. Then comes your business premises that must be conducive for business facilities and personnel.
The following expenditure items re essential for this business. Contingency liabilities re not envisaged.
- The Fee for registering the business at CAC
- Legal expenses for obtaining licenses and permits,
- Installation of accounting services (software, P.O.S machines and other software)
- Marketing promotion expenses for the grand opening of the business
- Cost for hiring Business Consultant
- Insurance (general liability, workers’ compensation and property casualty) coverage,
- Cost for payment of rent for first 12 months and renovation inclusive
- Other start-up expenses including stationery and phone and utility deposits
Furthermore,
- Operational cost for the first 3 months (salaries of employees, payments of bills et al)
- The cost for Start-up inventory (cooking gas, gas cylinders, gas cookers and accessories et al)
- Cost for store equipment (cash register, security, ventilation, signage),
- Cost of purchase of distribution truck (fairly used)
- The cost for the purchase of furniture and gadgets (Computers, Printers, Telephone, Fax Machines, tables and chairs et al),
- Website launching expenses,
- Our opening party expenses,
- Miscellaneous.
Cooking Gas Plant Business Plan Template in Nigeria
This means we would need estimated sum of N21 million to successfully set up a standard cooking gas plant Nyanya, FCT, Abuja. The breakdown shows:
- N16,000,000.00 for fixed assets (CAPEX
- N2,800,000.00 for Operational expenses (OPEX)
- N2,000,000.00 as working capital – cash and cash equivalents.
- N200,000.00 as capitalised initial expenses to amortise over 3 years.
The depreciation method here is straight line method.
Generating Funding / Start-up Capital forKitchen Pipeline Gas Limited
Finance is very important factor when it comes to starting business such as cooking gas business. Start – up capital for a business might not come cheap.
Kitchen Pipeline Gas Limited is a family business. 3 Brothers own and finance it. These are Kelechi, John and Mark. We do not intend to welcome any external business partners. N21,000,000.00 Initial capital is to be contributed equally by the three brothers.
Cooking Gas Plant Business Plan Template in Nigeria: Sources of Income
Kitchen Pipeline Gas Limited is established with the aim of maximizing profits in cooking gas plant business in Nigeria. As such, we are going to go all the way to ensure that we do all it takes to generate enough incomes from both our basic product and services offerings and our complimentary services to achieve that.
Kitchen Pipeline Gas Limited will generate income by offering the following services and products;
- Cooking Gas
- Gas Cookers
- Cooking Gas Cylinders
- Gas Cooker Accessories
- Gas Cooker Repair and Servicing Workshop
Cooking Gas Plant Business Plan Template in Nigeria
Sales Forecast
Business location could mean proximity to market and sources of supplies. Kitchen Pipeline Gas Limited has this as advantage, and we re doing every thing possible to translate this into increased revenue generation for the business. With this we re quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow the business and our clientele base.
Based on our analysis on sales projection on information gathered on the field and some assumptions that re peculiar to start-ups in Nyanya. The estimated sales figures are:
- First Fiscal Year-: N300,000,000.00
- Second Fiscal Year-: N390,000,000.00
- Third Fiscal Year-: N507,000,000.00
The above projection is based on what is obtainable in oil and gas industry. It’s also based on the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same products and customer care services as we do within same location. The growth rate is 30% annually.
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Cooking Gas Plant Business Plan Template in Nigeria
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Cooking Gas Plant Business Plan Template in Nigeria: How May We Help You?
Complete Full Marks Consultants Limited, owners of this website can do any type of business plan for you. You can see that this is just business plan template. A comprehensive customized Business Plan will certainly not be these few pages. Some of them re more than 40 pages. Your customised business plan; our approach is, to raise a business plan questionnaire for you with which you let us know what you want and how you want it and possibly make your personal assertions and contributions to your document – business plan.
Cooking Gas Plant Business Plan Template in Nigeria
Other Business Plan Elements:
Your customized business plan will cover these remaining topics.
- Financial statements
- Breakeven analysis
- Our Pricing Strategy
- Payment Options
- Business operating Ratios,
- Growth and Expansion Path
- Conclusions
- Appendages etc.
Finally, you can contact us through [email protected] or call +234 8034347851. You can share this post with your friends by clicking any of our social media buttons on this page. In fact, if you like us on our Facebook handle you will ensure you get regular updates on this. Yet more of this can be gotten from here.
Cooking Gas Plant Business Plan Template in Nigeria
Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.