This business idea is for production and marketing of products such as: Sweaters, Sleeveless/ Waist Coats, Shawls Socks, Table Clothes and Embroidery on Caps, Jackets, Shirts, Gifts and more. The business idea is premised on production of various products with a revenue potential of US$ 80,093 per month which translates into US$ 961,116 per year. The project cost is US 27,050 Dollars.
The person knitting needs to have a Knitting Machine. The Burbins are loaded with threads, and then they start knitting. For Embroidering, a mult-head embroidering machine is loaded with thread in their burbins; embroidering is done according to the desired computerized image or picture.
Capital Investment Requirements in US$
|Multi head Embroidery Machine||No||1||15000|
|Embroidery Design Shop software||No||1||100|
Production and Operation Costs In US $
Direct Materials, Supplies and Costs
- Production costs assumed 312 days per year with a daily capacity of 2,551 products.
- Depreciation (fixed assets write off) assumes 4 years life of assets write off at 25% per year for all assets.
- Direct costs include: materials, supplies and other costs that directly go into production of the product.
Project Product Cost and Price Structure In US$
|Item||Qty/ day||Qty/ yr||@||Prod. Cost / year||UPx||TR|
|Sweaters (small size)||36||11,232||3.70||41,558||6.0||67,392|
|Sweaters (big size)||36||11,232||3.70||41,558||7.0||78,624|
|Table cloth (sets)||7||2,184||19.0||41,496||12.5||27,300|
|Logos on T-shirts||700||218,400||0.25||54,600||1.3||273,000|
Profitability Analysis in US$
|Profitability item||per day||per month||per year|
|Sweaters (small size)||216||5,616||67,392|
|Sweaters (big size)||252||6,552||78,624|
|Table cloth (sets)||88||2,275||27,300|
|Logos on T-shirts||875||22,750||273,000|
|Less Prod & Operating Costs||520||13,524||162,286|
The business has a great market demand from Schools, Colleges, Corporate, NGOs; Households, Security organs and the various forces for designing and printing their uniforms.
SENGA Sew Co Ltd, Plot 7 Luwum Street. P.O. Box 24901 Kampala Uganda.
Tel: 256-414-235832, +256-772-863857 in budget making.