BUSSINESS PLAN FOR THE PROCUREMENT AND RUNNING A HIRE SERVICE.
PAIL LOADER (CAT 950F)
The Nigerian geographical region is currently going through a period of development and expansion due to the increase in population and this has necessitated previously abandoned hinterlands and rural areas to be cleared for human and industrial habitation. This fact is evident in the rapid development been seen in areas such as Lagos-Ibadan express road, Lagos-Badagry expressway, Lekki free trade zone etc.
In order to clear the fields for building constructions, road maps etc. The usefulness of some vital equipment such as the pail loader (cat 950F) cannot be over emphasized.
THE CAT 950F WHEEL LOADER EQUIPMENT
This loader is a heavy equipment machine often used in construction, primarily used to load material (such as asphalt, demolition debris, dirt, clearing of forest and trees, gravels, sand, rock, recycled materials etc.) into or onto another type of machinery (such as a dump truck, conveyor belt, feed-hoper or railcar). It is a type of tractor usually wheeled, sometimes on tracks, that has a front mounted square wide bucket connected to the end of two booms (arms) to scoop up loose materials from the ground such as dirt, sand, gravel and move it from one place to another without pushing the material from ground level and deposit it into an awaiting dump truck or into an open trench excavation.
COST AND MAINTENANCE. 
It is quite expensive purchasing a brand new loader as its price ranges between 100,000- 150,000 US Dollars excluding import duties and other tariffs. Used once are made available for sale by major manufacturers such as CAT, VOLVO etc. we are recommending from our experience that we purchase the CAT 950F WHEEL LOADER (a 1995 model) due to its durability, reliability and affordability. The cost of purchasing and importing this equipment from CAT through the services of an accredited agent in Germany into the country arrives at an estimated amount of 10million and another estimated amount of 1million naira would be needed for its clearing in the Nigerian ports.
Due to the durability of this equipment, the cost of its operations doesn’t go beyond its fueling and maintenance which is quite reasonable. Also due to its year of manufacture, its parts are readily available in the Nigerian market and our technical expertise also knows how to manage it during period of breakdown and maintenance requirement.

IT’S BUSINESS PROSPECTS.
From the above mentioned description of this equipment it can be seen that its functions and usefulness are immeasurable. It has a ready and steady market amongst construction companies, property managers, individuals and lots more. This equipment has been proven to make an average of N50, 000 naira a day as cost of hiring which doesn’t include cost of fueling and other expenses. Also from current experience in the Lekki free trade zone, there is high demand for its services. This claim can be verified in the on-going construction projects that are taken place in the zone.

OUR PROPOSAL
We at GABOLS ENGINEERING LTD (GEL), hereby propose to go into partnership with an investor with the following terms.
1) That the investor provides a capital of N11million for the purchase and clearing of the said equipment for operations purpose.
2) That the cost of maintenance and other required repairs as the need arises will be bon by GEL.
3) That the said equipment would be purchased and duly registered under the name of the investor.
4) That a payment plan for the remittance of the invested funds including an agreed percentage interest on capital be reached within a stipulated time frame. (We at GEL are proposing a 18 months payment plan which includes a 30% interest on capital).
5) That the remits would be made every 3 months and within the stipulated time frame.
6) That upon full payment of the agreed amount of the remittance, the ownership of the said equipment would be transferred to GEL.
7) That failure to abide with the stated and other agreed plan would lead to the termination of contract.


BREIF HISTORY OF GEL AND ITS MANAGER
I Bolarinwa a Cost Engineer by profession, with a wide experience in civil engineering works and current manager of GEL, major in road construction. I started my professional career with RATCON Construction Company in Lagos, working on the constructions of roads which include; Okodua road in Apapa, Church Road in Yaba, Eko Atlantic City Projects and rehabilitation of Idiroko-Mile12 service lane, all in Lagos state. I also worked with Parsons Engineering Company on the construction of roads in Ekiti State. These roads include; Ijesa Isu-Ode road, Aisegba Ijesa-Isu road, Ode-Imesi Ile road etc., Presently I am an employee of Lekki Port LFTZ situated at Ibeju-Lekki Lagos State and I also oversee the business activities of GEL . I have spent a whole lot of time working with various construction machines and I have a wide knowledge of managing and maintaining them.
We at GEL also have a wide range of connectivity with construction companies both on the mainland and the highland in Lagos State and other neighboring State in the area of Equipment leasing and hiring. This network of business transactions would aid the marketing ability of any equipment in our possession for hiring purposes. I also have the technical know-how of most of the construction works out there for the machines and with the ability to recommend the appropriate equipment for a given task. Due to the formal knowledge I possess combined with my acquired working experience I can assure of the technical and managerial skill required for the smooth running of this business proposal.
SECURITY ON INVESTMENT.
The current market value of the Fiarly used CAT 950F WHEEL LOADER (a 1995 model) ranges between N12million to N20million in the open market, this claim can also be verified at the appropriate markets. This fact guarantees that the capital invested by the investor is secured as he/she possess the equipment until the agreed remittance is made within the stipulated time frame and can terminate, re-sell the equipment due to contractual disagreement.   
CONCLUSION
The proposed business plan is an avenue in the Nigerian economy which has not be fully discovered and exploited thereby making room for large profits by investor and participants in this sector of the economy. The odds and chances of failure are minimal and there is an assurance of reasonable returns on investment. Kindly find attached copies of the equipment.
Please contact GEL on gebolseng@gmail.com, 08078327572, 08135919865. bb 2171d476

This Bussiness proposal has been subjected to potential investor opinion, we at Gabols Engineering are not rigid on these terms, but we will entertain other views of our dear investors.
Regards,
Gabols Engineering.

THIS BABY FLIES TODAY!!!!!!!!!!!!!!!!!!!

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