Executive Summary
This business plan outlines the establishment of a bread bakery focused on producing high-quality, fresh, and affordable bread for the local market. The business aims to cater to the growing demand for bakery products in Nigeria by leveraging efficient production techniques and strategic distribution channels.
Business Description
● Business Name: Golden Crust Bakery
● Location: Lagos, Nigeria
● Business Structure: Limited Liability Company (LLC)
● Industry: Food and Beverage/Manufacturing
● Concept: Producing a variety of bread types including white bread, whole wheat, and specialty loaves in a hygienic and cost-effective manner.
Objectives
1. To establish a bakery with a daily production capacity of 5,000 loaves.
2. To achieve monthly revenue of NGN 15,000,000 within the first year.
3. To expand distribution to supermarkets, local vendors, and wholesalers within three years.
Market Analysis
● Industry Overview:
The bakery industry in Nigeria is growing due to urbanization, increasing population, and consumer preference for convenient food options.
● Target Market:
○ Urban families seeking fresh and affordable bread.
○ Retail outlets and supermarkets requiring consistent bread supplies.
○ Catering businesses and schools.
● Competitive Advantage:
○ Superior product quality and freshness.
○ Affordable pricing and variety of options.
○ Strategic location for efficient distribution.
SWOT Analysis
● Strengths:
○ Access to high-quality raw materials.
○ Experienced and skilled production team.
○ Established relationships with distributors and retailers.
● Weaknesses:
○ High initial capital investment.
○ Dependence on power supply for operations.
● Opportunities:
○ Rising demand for affordable bread in urban areas.
○ Expansion into niche markets with specialty breads.
○ Export opportunities to neighboring countries.
● Threats:
○ Competition from established bakeries.
○ Fluctuation in raw material prices.
○ Economic factors affecting consumer purchasing power.
Operational Plan
1. Facility Setup:
○ Secure a bakery facility.
○ Install modern baking equipment including mixers, ovens, proofers, and packaging machines.
○ Establish quality control and storage facilities.
2. Production Process:
○ Source raw materials such as flour, sugar, and yeast from trusted suppliers.
○ Prepare, bake, and package bread under strict hygiene standards.
○ Innovate with new bread recipes to cater to diverse tastes.
3. Staffing:
○ Hire employees, including bakers, quality controllers, and administrative
staff.
○ Provide regular training on baking techniques and food safety.
Marketing Strategy
● Branding: Establish Golden Crust Bakery as a trusted household name for quality bread.
● Sales Channels:
○ Direct sales to supermarkets, retail outlets, and vendors.
○ Home delivery services for bulk orders.
○ Partnerships with schools and catering services.
Financial Plan
1. Startup Costs:
2. Revenue Projections:
3. Profit Margins:
ETC…
THIS BUSINESS PLAN IS REGULARLY UPDATED AND CAN ALSO BE USED FOR BANK LOANS, GRANTS, PROPOSAL FOR COMPETITIONS ETC.
Hurry now, Get our updated Bread Bakery Business Plan in Nigeria / Feasibility Study. To place an order, pay N15,000 to
GTBank (Guaranty Trust Bank)
Account Name – UWADIA EYEMEKA
Account No – 0127561472
OR
OPAY
Account Name – Eyemeka Uwadia
Account NO. – 7036785443
After payment text your name and your e-mail address to 07036785443 and you’ll receive it in your email
It will be sent to your email address after your payment has been confirmed (Soft copy only)
This bread bakery business plan in Nigeria / feasibility report contains key information about the organization the business environment, technical requirements, production operation, management analysis, Marketing plan and other key info’s that you need from a bread bakery feasibility study.
Bread as we know is a food for all, its eaten in homes not not only for breakfast. Bakery is a place where all food made with flour such as bread, cookies, cakes, etc are produced.
It is estimated that bread is the second most consumed snack and due to the high demand of bread by consumers, starting a bread bakery business in Nigeria can be very lucrative..
You would agree with me that the success of such business rest mainly on several factors which the owner of the bakery would carefully plan and implement from the beginning of setting up the bread bakery.
Bread is one of the cheapest food you can buy, it is regarded as a food for the masses and this has tripled the demand for bread over the years making bread bakery business a very profitable business in Nigeria
One good thing about bakery business is that you would always make sales because people are always looking for bread to eat, however the success of the bakery business depends solely on the skill and experience you have and that’s why you must get a good and well written bread bakery business plan to help you with this project.
The quality of bread you want to produce will be dependent on the kind of bakery you want to have and this depends also on your budget, skills, resources etc.
The Organization
i) Ownership of the business
Depending the strategy and management scheme,the bakery business could be privately owned at startup but go on to become a public limited liability business after years of hard work and that would determine whether it would still be wholly or partially indigenous owned.
And for this reason i highly advise you to get you business name registered in Nigeria through the CAC thereby protecting yourself and potential Partners.
It must be said that writing a bread bakery business plan does not automatically guarantee that you bread bakery business would be a total success as there are many factors that will determine if indeed you become successful in such venture, But not writing or having a feasibility study sample business plan is a shortcut to failure
Bread Bakery Feasibility Report
Bread still remain one of the more common popular and stable food that you would find in Nigeria today. Bread is consumed by all and sundry – the old, young poor and rich consume bread on daily basis.
Bread production still remains on of the best investment venture one can think of setting up in the country. irrespective of your location, there is always people that want to buy and eat bread.
Nigeria investors are therefore implored to invest into this very lucrative bread production business in Nigeria. Bread is regarded as a food for the masses. It is taken as breakfast in many houses
The Nigeria bakers association, released a publication which shows that prices of bread, a major stable food have risen in the last three years by an average of about 25 per cent from between N100 and N200 per family size loaf to between N500 and N1000 amid increase in the prices of baking materials and at the time of writing this publication on bread bakery business in Nigeria, a family sized loaf of bread is between N700- N1,000 naira per loaf
Note:
You could also employ your bakery for the production of:
Pies – Meat pies, apple pies, chicken pies, fruit pies etc
Sausages – of different sizes
Pizzas- pepperoni, ham and sausage, mushrooms and garlic, etc
Bread – wheat bread, cheese bread, cake bread ,fruit bread etc
Hotdogs and Burgers- cheese, chicken and beef.
Donuts – chocolate, jam, etc.
Starting the Bakery Business
To start a bakery business one important thing is your location, its always advisable to set up your bakery in a good populated area, this allows retailers to come and buy from you without going through too much stress traveling and locating the place, however if your product is good, well marketed and branded customers will always locate you no matter where you are located.
Note: While bread remain in high demand in both the urban and rural areas prospective entrepreneurs should pay great consideration to the location of the bakery. This is very important because this will determine the kind of customers you will have. Usually it is advisable to locate your bakery in the area where there are large populations.
To start the business there is need to consider the type of technology to apply in the project.
What are the type of machines to use, the capacity of the machines and other basic infrastructures such as distribution vehicles, power generating and other such related issues?
The operational environment is very important. For easy approval by NAFDAC and SON, there is need to site the project in a very clean environment. Details on the structural plan and location information will be given to the prospective investors
Marketing Tactics & Strategy
Don’t be deceived, setting up a bakery doesn’t mean you can just begin to make sales, its not that simple, you have to have a good marketing strategy and tactics so as to climb above your competitors and thrive in the business. A good Bakery business plan should give you a well articulated structures and marketing strategies on how to sell your product.
Packaging
This is very important aspect of bakery business, the packaging should be very attractive and unique, for you to attract the kind of people you want you have as customers. So give attention to how well you bread is packaged.
Threats of Bakery Business in Nigeria
There are several factors that can act as threat to your bakery business. They are not peculiar to just bakery business but to all businesses as a whole. Below are some threats of bakery business in Nigeria
1. Fluctuation
Prices for raw material fluctuates all the time. There are no fixed prices for this raw material so you will constantly be ready to adjust to this factor. This is one major factor that has affected the market in Nigeria. This imparts the size and quality of of the baked products. While others may want to keep their quality intact thereby reducing the quantity of what is initially sold.
2. Spoilage
This is another factor that affects bakery business. Most times it is due to inability to market or make sales on time. Which is why employing a good marketing strategy and getting in touch with all your customers even before your bread or pastries are out of the oven.
With a very good marketing strategy or plan, your customers knows the right time to come scoop your goods as soon as they are out and fresh from the oven. Additionally spoilage also occur when they are left in the oven for too long and they get burnt.
This is due to carelessness and negligence among the staffs working in the bakery. To avoid this, there should be enough staffs to take turns or shift to ensure that the bread or pastries do not exceed the appropriate time required for them to be done.
3. Theft
This happens almost all the time. so extra care and attention should be given. Sometimes theft is done by staff or intruders that find their way into the premises.
Often times, someone can pose as a customer to steal from the bakery because often time. The staffs fail to number the amount of bread or pastries that is made and with that it is hard to tell when some are missing. Seriously steps should be taken to avoid this from happening and there are several ways to do this.
Either by making sure there is someone taking record of the bread or pastries when they are in the oven. The place of payment shouldn’t be the same with the place where the bread or pastries are collected to avoid over crowding and too much. Security personnel should be employed to ensure order and safety.
TABLE OF CONTENTS
1.0 EXECUTIVE SUMMARY
2.0 BACKGROUND
2.1 Introduction
2.2 Vision and Mission
2.3 Ownership of the enterprise
2.4 Legal status
2.5 Location and facilities
2.6 Products/Service
2.7 Business Strategy
2.8 Key success factors
2.9 Revenue base
3.0 MARKETING AND CLIENTS
3.1 Nature and size
3.2 Target clients
3.3 Key competitors and players
3.4 Production process
3.5 Service delivery
3.6 Quality assurance
3.7 Demand/supply analysis
3.8 Technology
3.9 Competitive edge
4.0 MARKETING PLAN
4.1 Marketing
4.2 Promotion
4.3 Alliances
4.4 Market positioning
4.5 Service delivery strategy
4.6 SWOT analysis
5.0 ORGANIZATION AND MANAGEMENT
5.1 Organization of structures
5.2 Shareholders and directors
5.3 Management Team
5.4 External support
5.5 Personnel support
5.6 Values and norms of the company
6.0 LEGAL, REGULATORY, SOCIAL AND
ENVIRONMENT ISSUES
6.1 Legal issues
6.2 Regulatory issues
6.3 Social issues
6.4 Environmental issues
7.0 FINANCIAL PLAN
7.1 Summary of project cost
7.2 Funding plan statement
7.3 Funding requirement
7.4 Projected income statement
7.5 Projected cash-flows statement
7.6 Projected Balance sheet
7.7 Profitability analysis for the bakery business
7.8 Break-even point analysis
8.0 OTHER CONSIDERATIONS, CONCLUSION/
RECOMMENDATION
8.1 Economic justification
8.2 Commercial viability
Conclusion/recommendation
8.4 General Conclusion and recommendation
To get your Bread Bakery Business Plan in Nigeria place an order, pay N15,000 to
GTBank (Guaranty Trust Bank)
Account Name – Uwadia Eyemeka
Account No – 0127561472
OR
OPAY
Account Name – Eyemeka Uwadia
Account No. – 7036785443
After payment text your name and your e-mail address to 07036785443 and you’ll receive it in your email
It will be sent to your email address after your payment has been confirmed.(Soft copy only)