Investment Opportunity
Market Opportunity around Nutrition
We are strategically positioned as a nutrient preservation business in the food value chain and serve as enablers for women farmers, processors, retailers and final consumers in Nigeria.
With over 45% annual loss of our fruits and vegetables production valued at $9Bn, this indicates a market size of N7.2 trillion ($20 Billion) for a growing population of over 198 million people.
Our goal at KCCL is to increase food preservation and reduce wastage by 5% in the next 5 years.
Market Opportunity around Nutrition
We are strategically positioned as a nutrient preservation business in the food value chain and serve as enablers for women farmers, processors, retailers and final consumers in Nigeria.
With over 45% annual loss of our fruits and vegetables production valued at $9Bn, this indicates a market size of N7.2 trillion ($20 Billion) for a growing population of over 198 million people.
Our goal at KCCL is to increase food preservation and reduce wastage by 5% in the next 5 years.
Current Revenue Model
Current Revenue Model
Current Revenue Model in %
S/N | Description | Percentage(%) |
1 | Truck Hire Services | 50 |
2 | Fruits And Vegetables | 35 |
3 | Cold Storage and Distribution | 10 |
4 | Others | 5 |
TOTAL | Total | 100 |
Progress and Impact
Progress Made So Far
So far, we have been able to acquire cooling trucks and we recently got a fully automated packing house under lease. Our market has been well tested, proof of concept validated.
- 105 Women Farmers
- Fully automated Packing House
- 2 Cooling Trucks
- 1 cold room (70 tons)
- 700 plastic packing crates
- 1 Office facility
- 10 Partnerships
Our Future Plans is to focus on the areas of our strength
- Fruits and Vegetables Productions (Farm)
- Transport and Logistics
- Access to Markets
Fruits and Vegetable Production; Our primary production of fruits and vegetable are done by to our women farmers. These women are supported with inputs such as seedlings, Fertilizes and technical support (Trainings).
Most farmers focus on the primary production. This is main reason we have a very huge post-harvest losses (45%) in our fresh fruit production. KCCL Off-take from these women farmers at an agreed rate prior to production
Transport and Logistics; This plays a critical role in fresh food sector. This is our core area (Strength) as most farmers/aggregators do not have technical expertise to handle this sector. This is a niche market with very few players, we are leveraging on our technical expertise in the industry.
Access to Markets; KCCL presently have access to 10 major markets in Lagos. 5 retail outlets e.g Shoprite, Spar, Hub Marts, Karma, Domino and Leventis Foods.
Schools, Hotels, Restaurants and Individual clients
25 tons cooling trucks 4 @ N25, 000,000
15 tons cooling trucks 3 @ N20, 000,000
10 tons cooling trucks 2 @ N10, 000,000
Working Capital @ N30, 000,000
Total N200, 000,000
Impacts
With this new investment we shall be able to move 110,000 tons of fruits and vegetables compared to 15,000 we are currently off-take.
Small holders’ women farmers 2000
Drivers 10
Assistant Drivers 10
Additions Staff 10
Part- time Staff (Pack House) 20
Total 2040 (Direct Beneficiary)
(15000 Indirect Beneficiary
Our Future Plans is to focus on the areas of our strength
- Fruits and Vegetables Productions (Farm)
- Transport and Logistics
- Access to Markets
Fruits and Vegetable Production; Our primary production of fruits and vegetable are done by to our women farmers. These women are supported with inputs such as seedlings, Fertilizes and technical support (Trainings).
Most farmers focus on the primary production. This is main reason we have a very huge post-harvest losses (45%) in our fresh fruit production. KCCL Off-take from these women farmers at an agreed rate prior to production
Transport and Logistics; This plays a critical role in fresh food sector. This is our core area (Strength) as most farmers/aggregators do not have technical expertise to handle this sector. This is a niche market with very few players, we are leveraging on our technical expertise in the industry.
Access to Markets; KCCL presently have access to 10 major markets in Lagos. 5 retail outlets e.g Shoprite, Spar, Hub Marts, Karma, Domino and Leventis Foods.
Schools, Hotels, Restaurants and Individual clients
25 tons cooling trucks 4 @ N25, 000,000
15 tons cooling trucks 3 @ N20, 000,000
10 tons cooling trucks 2 @ N10, 000,000
Working Capital @ N30, 000,000
Total N200, 000,000
Impacts
With this new investment we shall be able to move 110,000 tons of fruits and vegetables compared to 15,000,000 we are currently off-take.
Small holders’ women farmers 2000
Drivers 10
Assistant Drivers 10
Additions Staff 10
Part- time Staff (Pack House) 20
Total 2040 (Direct Beneficiary)
(15000 Indirect Beneficiary
New Current Revenue Model %
S/N | Description | Percentage(%) |
1 | Fruits & Vegetables | 45 |
2 | Truck Hire Services | 35 |
3 | Cold Storage & Distribution | 15 |
4 | Others | 5 |
TOTAL | Total | 100 |
Our Revenue /Income Our revenue projections;
Year1 | Year2 | Year3 | Year4 | |
No. of Trucks | 10 | 10 | 6 | 6 |
Monthly Trips | 80 | 84 | 86 | 87 |
Monthly Revenue | ₦20M | ₦21M | ₦21.5M | ₦22.4M |
Total Revenue | ₦240M | ₦252M | ₦258M | ₦268M |
Total Expenses | ₦144M | ₦151.2M | ₦154.8M | ₦160.8M |
Net Income | ₦964M | ₦100.8M | ₦103.2M | ₦107.2M |
