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Executive Summary

SAMNICE GRILLED BUTCHERY is a proposed business located in Nanyuki, Kenya. The business will be owned and managed by Eunice and will employ 7 staff members. The main product offered will be grilled meats of all types. The start-up capital is 500,000 Kenyan Shillings, contributed through family loans of 100,000, owner savings of 170,000, and a bank loan of 230,000. Financial projections estimate annual net profit of 1,420,135 with gross and net profit percentages of 105.19 and 58.04 respectively.

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66 views1 page

Executive Summary

SAMNICE GRILLED BUTCHERY is a proposed business located in Nanyuki, Kenya. The business will be owned and managed by Eunice and will employ 7 staff members. The main product offered will be grilled meats of all types. The start-up capital is 500,000 Kenyan Shillings, contributed through family loans of 100,000, owner savings of 170,000, and a bank loan of 230,000. Financial projections estimate annual net profit of 1,420,135 with gross and net profit percentages of 105.19 and 58.04 respectively.

Uploaded by

Its John
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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EXECUTIVE SUMMARY

The name of the proposed business is SAMNICE GRILLED BUTCHERY. The name Samnice
was extracted from owners first name Eunice and her father’s first name Samuel. The business
shall be led by owner who is the manager of the business. The business shall be located in
nanyuki town, Laikipia County. The business shall be located opposite CHACKERS CLUB
along nanyuki stadium. It shall be first floor Ebenezer building.
The business address shall be:
SAMNICE GRILLED BUTCHERY,
P.O BOX 713,
NANYUKI.
PHONE NUMBER: 070448669
EMAIL: samnice20@gmail.com
The main product shall be mainly meat of all types white and red grilled and take a ways shall be
allowed. Their shall also have some few accompaniments. The business shall employ seven staff
,ie supervisor, accountant, chef, butcher man, rotisserie and stewards.
The business tends to start with capital of 500000. 100000 corrected from family members, the
owner had saved 170000 and take a loan of 230000 from bank. It shall be making a net profit of
1420135.gross profit as percentage of sales 105.19% and net profit as percentage 58.04%

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