MOBILE FOOD VENDING
Introduction
This proposal is production and mobile
vending of food. About 200 covers would be produced daily.
The Project costs are US $60,971 per annum and estimated revenues stand at US
$880 per year with a
production of 62,400 covers per annum. Market potential is great since Hotels
and restaurants are expensive and away from work places. This will deliver the food
at the required time and take away the
utensils soon. This service limits the movement of workers and makes them more
productive.
Production, Capacity and Technology
A variety of food stuffs would form the menu for this venture. Different foods are prepared, cooked by boiling, frying, steaming, baking, stewing. This is then packed in containers that are taken to different service points and some delivered directly to offices or business premises. Mobile vans or motor bikes can be used to transport the food.
Market Analysis
Food is a human necessity and therefore the market for this business is guaranteed. What is required here is ensuring quality food, fast and reliable service. There are many players in this Industry spread across the country.
Capital Investment Requirement in US $
|
Item |
Units |
Qty |
Price |
Total |
|
Distribution vans |
No |
2 |
5,000 |
10,000 |
|
cooking pans |
No |
10 |
25 |
250 |
|
warmers |
No |
12 |
38 |
450 |
|
plates |
No |
150 |
2 |
225 |
|
glasses |
No |
150 |
0 |
38 |
|
cutlery |
No |
200 |
1 |
100 |
|
Dish washer, wipers, trays, |
No |
1 |
1,150 |
1,150 |
|
Total cost of Machinery & Tools |
12,213 |
1. Production costs assumed 312 days per year with daily capacity of 200 Covers.
2. Depreciation (fixed asset write off) assumes 4 year life of assets written off at 25% per year for all assets.
3. Direct costs include materials, supplies and all other costs that directly go into production of a product
4. A production month is assumed to have 26 days.
5. Currency used is US Dollars.
Production and Operating cost in US $
Direct materials, supplies and costs
|
Cost Item |
Units |
Unit |
Qty |
Prod |
Prod |
Prod |
|
Direct Costs |
||||||
|
Food stuffs(rice |
Kgs |
1.50 |
30 |
45 |
1,170 |
14,040 |
|
Cooking oil |
ltrs |
1 1/2 |
1.0 |
1.500 |
39 |
468 |
|
sauces) (meat, |
Kgs |
3.75 |
25. |
94 |
2,438 |
29,250 |
|
Spices, onions, |
Kgs |
2.50 |
3 |
8 |
195 |
2,340 |
|
Drinks |
Packets |
1 |
10 |
5. |
130.00 |
1,560 |
|
Sub-total |
153 |
3,971.50 |
47,658 |
|||
|
General Costs (Overheads) |
||||||
|
Labour |
610 |
7,320 |
||||
|
Selling & distribution |
75 |
900 |
||||
|
Utilities (Water, power) |
45 |
540 |
||||
|
Rent |
100 |
1,200 |
||||
|
Miscellaneous expenses |
25 |
300 |
||||
|
Depreciation |
254 |
3,053 |
||||
|
Sub-total |
1,109 |
13,313 |
||||
|
Total Operating Costs |
5,080.90 |
60,971 |
Project product costs and Price structure in US $
|
Item |
Qty |
Qty |
Unit |
Prod |
Unit |
Total |
|
Food |
200 |
62,400 |
1.0 |
60,971 |
1.2 |
74,880 |
Profitability Analysis in US $
|
Item |
Per day |
Per month |
Per year |
|
Revenue |
240 |
6,240 |
74,880 |
|
Less: Production and operating costs |
195 |
5,081 |
60,971 |
|
Profit |
45 |
1,159 |
13,909 |