The attached document is a part of a business plan for establishing a very profitable palm kernel oil extracting factory. The full financial statements are not presented here. The complete business plan with all the production plans and financials will be given to serious and interested investors. With a hefty average annual rate of return of 150. 03% and a payback period 1. 4 years the project is good. The promoter of this project can be reached on 08037788438 and 08028606026. E-mail ozorprice1@yahoo. com
A hypothetical company and management team were used and Enugu was also used as the project location. The promoter can adapt the business plan to suite any investors budget and location in any part of West Africa especially where palm trees are grown. The promoter can also integrate palm kernel tree plantation and vegetable oil refinery projects into the plan. If you are interested you can download and peruse the document. Do not be worried about the huge capital outlay in the document.You can set up a factory of two or three palm kernel oil expelling machines with N5,000,000 (five million naira only). If you have regular electricity you could make between N1,000,000 and N2,000,000 of pure profit in one month. I can guarantee that. I set up one for one of my clients who already have an accommodation, started with one expelling machine and he is making not less than N750,000 per a month.His total start up capital was N2,000,000.

The Title Page and The Table of Content Of The Business Plan is as Shown Thus Below:
This will give you an idea of what is covered and the scope of the write up.

A SAMPLE BUSINESS PLAN ON ESTABLISHING
A PALM KERNEL OIL EXTRACTING
FACTORY


BY


OZOR GODWIN (ACMA) Bsc, MBA
DEWS ENTERPRISES


E-mail ozorprice1@yahoo.com
Phone: 08037788438, 08028606026, 08181926534




This document contains confidential information. It is disclosed to you for informational purpose only. Its contents shall remain the property of Dews Enterprises

A Hand Book on starting a small scale palm kernel oil extracting business or expanding an existing one.
© Dews Enterprises 2015. All right reserved
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written recording of the publisher. This book may not be lent, resold, hired out or otherwise disposed off by way of trade in any form of binding or cover other than that in which it is published without the prior consent of the publisher.

Published and Printed in the Federal Republic of Nigeria by:
Angusco Nig. Ent
37 Edinburgh Road
Ogui New Layout
Enugu-Nigeria.


TABLE OF CONTACT
1.0 Introduction = = = = = 1
1.0 Executive Summary = = = = 2
1.1 Mission and Objective = = = = 3
1.2 Keys to Success = = = = = 3
1.3 Critical success factors of the business = = 3
1.4 Vision and Mission Statement = = = 4
2.0 Company Summary = = = = 5
2.1 The Business opportunity = = = = 6
2.2 The Business of palm kernel crushing= = 6
2.3 The Raw Material = = = = = 7
2.4 Strategy and Implementation Summary= = 10
3.0 Economic contribution to local and national
Economy = = = = = = 11
3.1 Environmental factors = = = = 12
4.0 The machines and equipment == = = 12
4.1 The product = = == = = = 14
4.2 The Market = = = = = = 15
4.3 Marketing plan = = = = = 16
4.4 The product packaging and delivery = = 17
5.0 Organizational and Management plan= = 18
5.1 Key personnel of the organization = = 18
5.2 Manpower requirement = = = = 19
5.3 Management team = = = = = 19
5.4 Production process = = = = = 20
6.0 Milestones = = = = = = 21
6.1 Estimated capital expenditure needs = = 23
6.2 Financing plan = = = = = 23
6.3 Financing requirements = = = = 24
7.0 Business risk and mitigation factors = = 24
7.1 Swot analysis = = = = = 25
8.0 Assumptions = = = = = 26
8.1 Production plan = = = = =
8.2 Materials purchases budget for one year= = 27
8.3 Comprehensive production budget for one year = = = = = = = = 28
8.4 Segregation of costs into fixed and variable costs = = = = = = = = 29
8.5 Sales forecast for the first one year = = 30
8.6 Sales forecast for the first five years = = 31
8.7 Projected cash flow = = = = 32
8.8 Loan repayment plan = = = = 33
8.9 Loan repayment schedule = = = = 33
8.10 Projected income statement for the first one year 36
8.11 Projected condensed income statement = =
for the next five years = = = = = 38
8.11Projected balance sheet as at the end = = =
of the first year = = = = = = 39
8.12 Projected condensed balance sheet for = = =
The first five year = = = = = 40
8.13 Project Investment decision and viability = =
Analysis = = = = = = 41
Main Ratios = = = = = = 42
Conclusions = = = = = = 43


+2348037788438, +2348181926534,+2348028606026


+2348037788438, +2348181926534,+2348028606026

Palm kernel oil extracting business is one small scale business young Nigerian entrepreneurs can engage in with minimum capital outlay and handsome return on investment.

The cost of establishing a small scale palm kernel oil extracting business is very affordable, the raw materials readily available all year round and the finished products sell like hot cake. Young entrepreneurs and the unemployed youth should embrace the idea of starting this viable and profitable enterprise as one could be earning more than an average bank manager if one should start and efficiently run this business of palm kernel oil extracting enterprise.

Get in touch with us to help set you up

Let us serialize in simple terms the viability and profitability of this business on a small scale and for ease of understanding.

The process of crushing palm kernel nuts will result in producing palm kernel oil, palm kernel cake and palm kernel sludge.
The main market for these products are {1} the vegetable oil companies and soap/chemical industries for palm kernel oil PKO
{2} animal feeds companies and exporters markets for palm kernel cake PKC and {3} local women and others who reprocess sludge to further extract black oil and piggery farmers

The norm in the industry is between 40% and 45% extraction rate for PKO, 50% and 55% for PKC and 1% and 2% for sludge.

Given 25 tons of palm kernel nuts, the yield should be 10 tons of PKO, 13.75 tons of PKC and 0.5 tons of sludge.

This business is not nearly as easy as it seems because it's difficult to source for palm kernel.

Hi OP

Jimbadly:
This business is not nearly as easy as it seems because it's difficult to source for palm kernel.

The raw materials which is palm kernel nuts is generally available through out the southern part of Nigeria. It is not difficult to source. There is virtually no state in the southern part of this country where you do not have oil palm trees. However, we could link any interested investor to suppliers of palm kernel nuts on request.

tjadeniyi:
Hi OP, have interest in such business plan write up. How do I get it.
tjconcepts@hotmail. com

tjconcepts do give us a call 08181926534 or whatsapp/call 08037788438 on how you can get the Business Plan.

Lets look at the profitability of this business

Given the cost of one ton of Palm Kernel Nuts of N75,000 today at our market,
25 tons of PKN delivered to factory would cost N1,875,000

After processing we shall realize 10 tons of Palm Kernel Oil, PKO, 13.5 tons of Palm Kernel cake PKC and .5 tons of Sludge.

As at today we sold PKO at N205,000 per ton, PKC at N20,000 per ton and Sludge went for N40,000 per ton.

So looking at the total realizable revenue from the sale of the PKO, PKC and Sludge produced from the 25 tons of Palm Kernel Nuts, PKN

We have

Sales N2,050,000 + N270,000 + N20,000 = N2,340,000
Less Cost of Sales N1,875,000

Gross Margin N465,000
Less Estimated Operating Expenses N139,500

Net profit N325,500

Get this business plan now

With a one-expeller set up, a small scale operator can conservatively process 45 tons of palm kernel nuts in 6 days working week
This will yield 18 tons of palm kernel oil, 24.3 tons of palm kernel cake and 0.9 tons of sludge.
Using our assumed prices as above
Sales will amount to PKO N3,690,000 + PKC N486,000 + Sludge N36,000 = N4,212,000
Cost of Raw materials PKN N3,375,000
Gross Profit N837,000
Less estimated Operating Expenses of 30% of Gross Profit N251,100
Net Profit N585,900

Good concept i am interested joehis2013@gmail.com

pls am highly intrested bolujo_femi@yahoo.com

Good business initiative gets me going. Abeg holla me with the info mikeokezie@yahoo.com

Am interested, hahamu6000@gmail.com

Great post very informative.... www.Standontech.com we talk about how you can use technology to boost ur business

How easy is it to source for markets? That is the bane of most businesses.

joehis2013:
Good concept i am interested joehis2013@gmail.com

joehis2013 get in touch via whatsapp/call 08037788438 for further details on how you can be assisted to set up.

okete:
pls am highly intrested bolujo_femi@yahoo.com

Femi get in touch via whatsapp/call 08037788438 or mobile number 08181926534 for further discussion on how to assist you to set up.

kezzyman:
Good business initiative gets me going. Abeg holla me with the info mikeokezie@yahoo.com

Mike get in touch via whatsapp/call 08037788438 or mobile number 08181926534 for further discussions on how we can assist you set up

adekaz777:
Am interested, hahamu6000@gmail.com

Adekaz777 get in touch via whatsapp/call 08037788438 or mobile number 08181926534 for further discussions on how we can assist you set up.

KoboUP:
Great post very informative.... www.Standontech.com we talk about how you can use technology to boost ur business

KoboUp get in touch via whatsapp/call 08037788438 or call mobile number 08181926534 for further discussions on how we can help you set up.

9jatriot:
How easy is it to source for markets? That is the bane of most businesses.

9jatriot palm kernel oil extracting business is one of businesses one can engage in here in Nigeria with minimum risk of failure and maximum prospects of success. The raw materials which is palm kernel nuts is very plentifully available all year round in Nigeria. Before the discovery of Petroleum as the major foreign exchange earner in Nigeria, Palm Produce, Cocoa and Groundnuts were our major exports. The entire region of Southern Nigeria is a Palm Tree growing zone. You do not need to import the raw materials for this business. The finished product market for palm kernel oil PKO and palm kernel cake PKC is ever ready to the extent that during season Vegetable Oil Refineries deposit money in advance for anticipated future output. What the ordinary Nigerian housewife call "groundnut oil" while preparing a list of what condiments she intends to buy from the market for her household cooking is in effect 80% refined palm kernel oil. The original Groundnut Oil "Peanut oil" is very expensive and not easily available for the ordinary people. The demand for refined Palm Kernel Oil is such that it is used almost every day by over 100 million households in Nigeria and it is also exported to neighboring West African countries. So my brother 9jatriot the market is ever present and is far from being saturated.

As early as 2006, I was interested in the business, but try as hard as I did, I could not get the required information as to machinery to extract the oil from the kernel and how to access the market but more of machinery. I have abundant oil palm products in the part of the country I come from.

ozornet:


9jatriot palm kernel oil extracting business is one of businesses one can engage in here in Nigeria with minimum risk of failure and maximum prospects of success. The raw materials which is palm kernel nuts is very plentifully available all year round in Nigeria. Before the discovery of Petroleum as the major foreign exchange earner in Nigeria, Palm Produce, Cocoa and Groundnuts were our major exports. The entire region of Southern Nigeria is a Palm Tree growing zone. You do not need to import the raw materials for this business. The finished product market for palm kernel oil PKO and palm kernel cake PKC is ever ready to the extent that during season Vegetable Oil Refineries deposit money in advance for anticipated future output. What the ordinary Nigerian housewife call "groundnut oil" while preparing a list of what condiments she intends to buy from the market for her household cooking is in effect 80% refined palm kernel oil. The original Groundnut Oil "Peanut oil" is very expensive and not easily available for the ordinary people. The demand for refined Palm Kernel Oil is such that it is used almost every day by over 100 million households in Nigeria and it is also exported to neighboring West African countries. So my brother 9jatriot the market is ever present and is far from being saturated.

The booming season for PKO business is here with us

Price of PKO has been on downward slide for some days now so beware

I am very much interested in this. I am particularly conversant wit the mechanical extraction process especially for soya oil.

Are the machines same ie expeller, toaster, refiner and filter?

What's timeline for setting up a production plant with average capacity as stated above?

What's the major difference between the oil as above and soya oil?

I am very serious in starting the above business and ur response will be highly appreciated.

I can be reached on 08133300230, 08027788177 or demola.martin@yahoo.com

Kewt:
I am very much interested in this. I am particularly conversant wit the mechanical extraction process especially for soya oil.

Are the machines same ie expeller, toaster, refiner and filter?

What's timeline for setting up a production plant with average capacity as stated above?

What's the major difference between the oil as above and soya oil?

I am very serious in starting the above business and ur response will be highly appreciated.

I can be reached on 08133300230, 08027788177 or demola.martin@yahoo.com

Ozornet has another thread on Nairaland dealing with Soyabean processing. Soyabean oil processing is different from Palm kernel oil extraction. Although the two are for the production of crude oil which is raw materials for vegetable oil refining companies, the method of processing differ a bit. In mechanical extraction of palm kernel oil (PKO), you use a machine called Expeller which crushes the nuts and separates the oil from the cake (PKC). In mechanical processing (Dry Extrusion Method) of soyabeans, you first use a machine called an Extruder to "cook' the raw seed between 300 degrees and 350 degrees centigrade to produce Full Fat soya cake or if you need to extract the oil, you pass it quickly while hot through another machine called Ex-presser or Expeller to separate the oil from the cake giving you Less Fat soya cake and the crude soyabean oil. Both the Palm Kernel Oil Extracting and Soyabean Processing business are very lucrative businesses and can be started on a small scale. Do get in touch with us through whatsapp 08037788438 or phone 08181926534 for a one on one discussion on how we can help you. Thank you.

The business of palm kernel oil extracting has never been so good since the era of President Obasanjo's regime. The present policy of President Buhari is definitely favouring the sector as it is no more easy for people to import cheap refined vegetable oil from Malaysia and Singapore. With today's price of the raw material (palm kernel nuts) going for Ñ105,000 per ton at Enugu and the finished product (PKO) selling for N310,000 per ton and (PKC) selling for N25,000 per ton, operators are looking at a gross margin of not less than N78,750 for every ton of PKO processed.

Some of our machines and equipment under construction

Workers at work