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Shawarma Business Financial Plan and Projections

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Category: Financial Plans & Projections



Overview of Shawarma and Pizza Hut Business in Nigeria

Shawarma business in Nigeria is another lucrative snacks business in Nigeria. Shawarma and Pizza are not native snacks to Nigeria. They were brought into the country by Nigerians and are now being widely embraced by everyone. It now very hard these days to see a young adult that does not like Shawarma or Pizza in Nigeria. With this just developed likeness for Shawarma and Pizza snacks by young Nigerians, it is now safe to say shawarma business can be lucrative in the country if you have all what it takes to startup the business. Time and lack of equipment to prepare shawarma and pizza snacks are the two major reasons why people tend not to prepare it at home. A lot of people like elegance and will prefer to take their loved ones to where they can really feel among. These and lots of various other factors will make shawarma and pizza business profitable anytime any day.

Potentials of Shawarma and Pizza Hut Business in Nigeria

Shawarma and pizza business in Nigeria can be a lucrative endeavor on the off chance that you will figure out how to make it and furthermore get familiar with the business part of it. The profit in shawarma and pizza business relies upon the number of pieces you sell in a day. No matter the numbers you sell in a day, you will still make your profit but you must always aim high in every business you are venturing into. The mode of operation in your shawarma and pizza business will decide if your business will stand the test of time. One good thing is that you can add some other related snacks like popcorn, samosa production, chips business and so on to your shawarma and pizza business.

Requirements for Setting up Shawarma and Pizza Hut Business in Nigeria

  1. Training

    It will be an insightful decision to get training on the most proficient method to prepare a tantalizing shawarma and pizza, it will just require a couple of days. In any case, where there is no place around you to do that then you can make use the step by step manuals on how to get it done. Prepare for your relatives and individuals around you and listen to their comments before you start up your shawarma and pizza business.

  2. Location It is vital to site your shawarma and pizza business in a bustling spot. It may be in a commercial environment, market areas, grocery store premises, higher institutions, estates or developing communities. Your spot must be noticeable and accessible. Search for bars and event areas that are not into shawarma and pizza business, collaborate and startup one there. You can have more than one shawarma and pizza stand and place people there to oversee them for you. It requires just a little space to stand.
  3. Competitors A lot of people are currently running shawarma and pizza business. You need to discover what they are doing or not doing well and improve on them. It will include buying and tasting the ones around you. Present new things to give your own a good uniqueness. It might be adding chips to every purchase made by your customers or anything. Lower your price for a start to draw more customers most importantly make your shawarma and pizza really delicious and spicy. If you know you cannot contend enough with the ones already established in that region; please look for somewhere else. Those who are making it big time in Nigeria shawarma and pizza business are the ones running in bars, event areas, fast food joint and commercial areas. Try to get any of these locations too.
  4. Acquire Tools The following tools must be available for running of your shawarma and pizza business; shawarma and pizza toasters, frying pan and pots, apron, gas cooker, umbrella, skillet, split, bowls and cutleries. As time goes on you may be acquiring some other ones that you think are necessary for you to have.
  5. Marketing Promote your business on social media; Facebook, Instagram and TikTok, YouTube and other social media sites. Print banners and place them to strategic places around your business location. Aside from the people who will come to your stand to purchase others that have events, for example, birthday celebrations, wedding, seminar, symposium and so on will book you for supplies or to come and get make for them at their venue. Add one hotdog for one purchase and more for more than one shawarma or pizza bought. It will draw more clients to you.

Overview of The Template

The Template gives concrete financial plan and projections for setting up a Shawarman shop. Real business insights are included in this financial template to attract investors, grants and loans to make the business concern a reality.

The excel template is easy to use and modify. Current Real life prices were used in drafting this template by our team of seasoned accountants and financial analysts. The template is suitable for small and emerging businesses who see themselves giants in the various industries in 5 years time.

Features

  1. Comprehensive Income Statement (Trading, Profit & Loss Account)
  2. Statement of Financial Position (Balance Sheet)
  3. Cashflow Statements

Use Scenarios

This excel template is most suitable for the following:

  1. Promoters of existing and New Start-up Businesses that need funding in form of grants,loans,partnerships etc. from governement agencies and venture capitalists.
  2. Business and Financial Analysts working on viability and feasibility of a Shawarman business in Nigeria.
  3. Business Administration and Entrepreneurship students who need a comprehensive financial plan for a Business Plan.
  4. Investors and Venture Capitalist who need financial analysis of the Shawarman business for informed decision making.
  5. Entrepreneurs who need expansion ideas for their businesses.

Ms Excel Template

V.1 (2022)

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