₦airaland Forum

SokoDobo:
I want to open a chain of Chicken Barbaque spots. I am currently under studying at an existing spot.

Starting with 3 sales spots. (Good spaces already identified and gotten).

From feasibility study I've done by visiting 13 different spots, demand for grilled chicken is pretty high. An average spot sells a minimum of 25 chickens daily Mondays to Thursdays and 40 chickens daily Fridays to Sundays. Average "net" profit per chicken sold is N250.
This implies that an average spot makes an average net profit of N8,000 daily.

My Plan: I plan to start with 3 sales spots. Chickens will be prepared and marinated in the main spot. Already marinated chicken will be supplied to the other 2 spots for just grill and sales.

Competitive edge:

*Non of the spots I've visited offer online sales plus delivery. I plan to do that.

*Most spots visited have poor hygiene at the vicinity plus poor branding. I plan to prioritise good hygiene and branding.

How I Plan to Make Money:

I did my focast assuming we will sell a minimum of 12 chickens per day per spot with an average net profit of N200 per chicken. (Notice that my assumption is very much realistic as it is lesser than the average gotten from the feasibility study, sales wise and profit wise).

From the focast, we shall make an average net profit of N7,200 daily.

Capital Requirement

I will need a total of N400, 000 to kickstart this business. I am expecting a payment of N100,000 next week monday been commission for a car I helped sell. I will therefore need a loan of N300,000 to balance up the capital requirement.

Loan Repayment

From the above, I can conveniently pay back N300k + interest in 4 months. 1 month moratorium will be needed.

Location: Kaduna
contact: Call/whatsapp 09081412698 or sokodobo123@gmail.com

SokoDobo:
I want to open a chain of Chicken Barbaque spots. I am currently under studying at an existing spot.

Starting with 3 sales spots. (Good spaces already identified and gotten).

From feasibility study I've done by visiting 13 different spots, demand for grilled chicken is pretty high. An average spot sells a minimum of 25 chickens daily Mondays to Thursdays and 40 chickens daily Fridays to Sundays. Average "net" profit per chicken sold is N250.
This implies that an average spot makes an average net profit of N8,000 daily.

My Plan: I plan to start with 3 sales spots. Chickens will be prepared and marinated in the main spot. Already marinated chicken will be supplied to the other 2 spots for just grill and sales.

Competitive edge:

*Non of the spots I've visited offer online sales plus delivery. I plan to do that.

*Most spots visited have poor hygiene at the vicinity plus poor branding. I plan to prioritise good hygiene and branding.

How I Plan to Make Money:

I did my focast assuming we will sell a minimum of 12 chickens per day per spot with an average net profit of N200 per chicken. (Notice that my assumption is very much realistic as it is lesser than the average gotten from the feasibility study, sales wise and profit wise).

From the focast, we shall make an average net profit of N7,200 daily.

Capital Requirement

I will need a total of N400, 000 to kickstart this business. I am expecting a payment of N100,000 next week monday been commission for a car I helped sell. I will therefore need a loan of N300,000 to balance up the capital requirement.

Loan Repayment

From the above, I can conveniently pay back N300k + interest in 4 months. 1 month moratorium will be needed.

Location: Kaduna
contact: Call/whatsapp 09081412698 or sokodobo123@gmail.com

SokoDobo:
I want to open a chain of Chicken Barbaque spots. I am currently under studying at an existing spot.

Starting with 3 sales spots. (Good spaces already identified and gotten).

From feasibility study I've done by visiting 13 different spots, demand for grilled chicken is pretty high. An average spot sells a minimum of 25 chickens daily Mondays to Thursdays and 40 chickens daily Fridays to Sundays. Average "net" profit per chicken sold is N250.
This implies that an average spot makes an average net profit of N8,000 daily.

My Plan: I plan to start with 3 sales spots. Chickens will be prepared and marinated in the main spot. Already marinated chicken will be supplied to the other 2 spots for just grill and sales.

Competitive edge:

*Non of the spots I've visited offer online sales plus delivery. I plan to do that.

*Most spots visited have poor hygiene at the vicinity plus poor branding. I plan to prioritise good hygiene and branding.

How I Plan to Make Money:

I did my focast assuming we will sell a minimum of 12 chickens per day per spot with an average net profit of N200 per chicken. (Notice that my assumption is very much realistic as it is lesser than the average gotten from the feasibility study, sales wise and profit wise).

From the focast, we shall make an average net profit of N7,200 daily.

Capital Requirement

I will need a total of N400, 000 to kickstart this business. I am expecting a payment of N100,000 next week monday been commission for a car I helped sell. I will therefore need a loan of N300,000 to balance up the capital requirement.

Loan Repayment

From the above, I can conveniently pay back N300k + interest in 4 months. 1 month moratorium will be needed.

Location: Kaduna
contact: Call/whatsapp 09081412698 or sokodobo123@gmail.com

SokoDobo:
I want to open a chain of Chicken Barbaque spots. I am currently under studying at an existing spot.

Starting with 3 sales spots. (Good spaces already identified and gotten).

From feasibility study I've done by visiting 13 different spots, demand for grilled chicken is pretty high. An average spot sells a minimum of 25 chickens daily Mondays to Thursdays and 40 chickens daily Fridays to Sundays. Average "net" profit per chicken sold is N250.
This implies that an average spot makes an average net profit of N8,000 daily.

My Plan: I plan to start with 3 sales spots. Chickens will be prepared and marinated in the main spot. Already marinated chicken will be supplied to the other 2 spots for just grill and sales.

Competitive edge:

*Non of the spots I've visited offer online sales plus delivery. I plan to do that.

*Most spots visited have poor hygiene at the vicinity plus poor branding. I plan to prioritise good hygiene and branding.

How I Plan to Make Money:

I did my focast assuming we will sell a minimum of 12 chickens per day per spot with an average net profit of N200 per chicken. (Notice that my assumption is very much realistic as it is lesser than the average gotten from the feasibility study, sales wise and profit wise).

From the focast, we shall make an average net profit of N7,200 daily.

Capital Requirement

I will need a total of N400, 000 to kickstart this business. I am expecting a payment of N100,000 next week monday been commission for a car I helped sell. I will therefore need a loan of N300,000 to balance up the capital requirement.

Loan Repayment

From the above, I can conveniently pay back N300k + interest in 4 months. 1 month moratorium will be needed.

Location: Kaduna
contact: Call/whatsapp 09081412698 or sokodobo123@gmail.com

SokoDobo:
Name your interest rate, let's talk business

SokoDobo:
Name your interest rate, let's talk business.

Xsem:
Your idea should be in your head mister.

Empress2014:

Empress2014:
it means transform d*ck to p**sy in yoruba

SokoDobo:
I want to open a chain of Chicken Barbaque spots. I am currently under studying at an existing spot.

Starting with 3 sales spots. (Good spaces already identified and gotten).

From feasibility study I've done by visiting 13 different spots, demand for grilled chicken is pretty high. An average spot sells a minimum of 25 chickens daily Mondays to Thursdays and 40 chickens daily Fridays to Sundays. Average "net" profit per chicken sold is N250.
This implies that an average spot makes an average net profit of N8,000 daily.

My Plan: I plan to start with 3 sales spots. Chickens will be prepared and marinated in the main spot. Already marinated chicken will be supplied to the other 2 spots for just grill and sales.

Competitive edge:

*Non of the spots I've visited offer online sales plus delivery. I plan to do that.

*Most spots visited have poor hygiene at the vicinity plus poor branding. I plan to prioritise good hygiene and branding.

How I Plan to Make Money:

I did my focast assuming we will sell a minimum of 12 chickens per day per spot with an average net profit of N200 per chicken. (Notice that my assumption is very much realistic as it is lesser than the average gotten from the feasibility study, sales wise and profit wise).

From the focast, we shall make an average net profit of N7,200 daily.

Capital Requirement

I will need a total of N400, 000 to kickstart this business. I am expecting a payment of N100,000 next week monday been commission for a car I helped sell. I will therefore need a loan of N300,000 to balance up the capital requirement.

Loan Repayment

From the above, I can conveniently pay back N300k + interest in 4 months. 1 month moratorium will be needed.

Location: Kaduna
contact: Call/whatsapp 09081412698 or sokodobo123@gmail.com

Empress2014:
what language is that? Because in yoruba it means something else entirely

Empress2014:
Your moniker though

eezeribe:
Awesome...

bigtt76:
You're welcome. Another option would be for you to approach any of the poultry houses and sign a contract with them to supply you on credit while you repay back weekly. I believe they do the same thing with big departmental stores, they should be able to do same with you too. Its better than them tying down their products without sale.

Another option would be for you to start small based on what the N100K you're expecting can cover.

bigtt76:
Nice one. Why not try some of those Micro-Finance Banks? Ren Money or Paylater?

Enaburekhanjosh:
Please experts in the house, do I need a memorandum/article of association in registering a business name as obtainable with private limited companies?
Thanks.

nairanaira12:
dem say make I no click again, you still con dey ask me to click?