Equity Investment Needed in Transportation Business with 20% ROI

*Commuter transit business within Lagos,Nigeria.
*Fund needed to increase Capital from $9000 to $30000
*Shares with up to 20% dividend for investors.

We render transportation service Lagos citizens.This service is one of most demanded services in Lagos with high profit potentials.
COMPETITIVE ADVANTAGE
Majority of players in commuter transit business in Nigeria are less educated, they do not take advantage of vehicle tracking system and other technologies to manage their vehicles. Lagos, Nigeria is a densely populated where transporters never meet demand of passengers. Vehicle availability and proper maintenance are what give player competitive advantage.
GROWTH PLAN
We currently have capacity to operate with two tricycles and 18 passengers’ bus, we plan to operate with at least 8 tricycles and 4 buses and retain 20% of net profit annually for growth and development.
FINANCIAL PLAN
30000 dollars needed to make the business more profitable.
Break down
4800 dollars for 3 more buses.
14400 dollars for 8 more tricycles.
980 dollars for documents and insurance.
820 dollars for mechanical/maintenance workshop.
9000 dollars is currently working capital.
FUNDING REQUIRED
21000 dollars funding required.
Break-even Time 8 months after funding (each vehicle making 250 trips monthly)
PROFIT FORECAST
Year 2017 Year 2018 Year 2019
Estimated sales/revenue 51000 dollars 54000 dollars 57000 dollars
Estimated costs 35700 dollars 37800 dollars 39900 dollars
Estimated profit 15300 dollars 16200 dollars 17100 dollars

The Investors would be shareholders with up to 20% annual dividend.

Majority of players in commuter transit business in Nigeria are less educated, they do not take advantage of vehicle tracking system and other technologies to manage their vehicles. Lagos, Nigeria is a densely populated where transporters never meet demand of passengers. Vehicle availability and proper maintenance are what give player competitive advantage.

OPPORTUNITIES
• People always queue for bus in Lagos
• About 50 graduates are ready to work as drivers or tricycle riders.
TACTICS
Making available well maintained vehicles is the key tactics.
CREDIBILITY AND RISK MANAGEMENT
Our business profitability is highly credible .We would deliver up to 20% dividend or profit for our investors. That is why we put the following risk reduction measures in place.
• Comprehensive insurance for all our vehicles, goods in transit and valuable assets.
• GPS tracking system with two standby networks for our vehicles..
• Employing trainable graduates for all level of staff including drivers

FINANCIAL PLAN
30000 dollars needed to make the business more profitable.
Break down
4800 dollars for 3 more buses.
14400 dollars for 8 more tricycles.
980 dollars for documents and insurance.
820 dollars for mechanical/maintenance workshop.
9000 dollars is currently working capital.
FUNDING REQUIRED
21000 dollars funding required.
Break-even Time 8 months after funding (each vehicle making 250 trips monthly)

The company needs 1 to 6 investors, both hands-on investors and silent investors to take 60% of the shares.Up to 20% dividend is payable annually.