Sachet Water and Bottled Water Business Plan with 3 Years Financial Analysis

by Demi

Looking for a solid sachet water and bottled water business plan for your new or existing enterprise?

Download this sachet water and bottled water business plan, which you can download to present to NIRSAL, BOI, BOA, and other investors.

Starting a bottled/sachet water company is a very viable business in Nigeria. Startup Capital runs between 2  Million Naira for a small size company or above 10 Million Naira for an enterprise scaling from its smaller size and looking to serve a larger market

Writing a professional business plan can get strenuous and technical. It requires a lot of research and esoteric knowledge.  Don’t worry, We have done the heavy lifting for you.

HOW A SACHET WATER/BOTTLE WATER STANDARD BUSINESS PLAN LOOKS LIKE

1)      Table of Contents

2)      Executive Summary for Bottled Water Business 

3)      Company Overview: this includes

  1. About the company
  2. Mission Statement
  3. Markets and Products
  4. Objectives
  5. Keys to success
  6. Cost summary

4)      Product description.

5)      Industry and Market Analysis

  1. Introduction
  2. Industry analysis
  3. Market analysis
  4. Customer analysis
  5. Competitor analysis
  6. SWOT Analysis for Pure Water and Bottled Water Market

6)      Marketing Strategy

  1. Target Market Strategy
  2. Product/Service Strategy
  3. Pricing Strategy
  4. Distribution Strategy
  5. Advertising and Promotion Strategy
  6. Sales Strategy
  7. Marketing and sales Forecasts

7)      Operations

  1. Operations Strategy
  2. Scope of Operations
  3. Operating Expenses

8)      Management

  1. Company Organization
  2. Management Team
  3. Administrative Expenses

9)   Summary of Financials

  1. Financial Assumptions
  2. Financial Forecasts
  3. Projected Cash Flow
  4. Income statement for the sachet and bottled water company for 3 years
  5. Balance Sheet
  6. Ratio Analysis [3 years]

HOW PROFITABLE IS BOTTLED WATER BUSINESS IN NIGERIA

In Nigeria, where a growing population and increasing awareness of health and wellness have led to a surge in demand for safe drinking water, the bottled water business presents a promising opportunity. However, like any venture, success in this industry requires a nuanced understanding of various factors that can influence profitability.

  1. Rising Demand for Clean Water:Nigeria, like many countries, has witnessed a heightened awareness of the importance of clean and safe drinking water. With concerns about waterborne diseases and a growing urban population, the demand for convenient, packaged water has surged. This increasing demand provides a fertile ground for entrepreneurs entering the bottled water business.
  2. Market Dynamics and Competition:The bottled water market in Nigeria is dynamic and competitive. Numerous brands vie for consumer attention and loyalty. The level of competition can impact pricing strategies, but it also creates opportunities for innovative branding, unique packaging, and differentiating product offerings.
  3. Quality Assurance and Regulatory Compliance:The cornerstone of success in the bottled water business is maintaining high-quality standards. Adherence to local and international quality and safety regulations is non-negotiable. Investments in advanced purification processes, regular quality testing, and compliance with regulatory standards not only ensure consumer trust but also contribute to long-term profitability.
  4. Logistics and Distribution:Efficient logistics and distribution are critical in a country as vast as Nigeria. Establishing a reliable distribution network that ensures the timely and cost-effective delivery of bottled water from production facilities to retail outlets is essential. Effective supply chain management can positively impact profit margins.
  5. Production Costs and Economies of Scale:Managing production costs is pivotal to profitability. Costs associated with water sourcing, purification, bottling, and packaging must be optimized. Economies of scale can be achieved through increased production volume, leading to lower unit costs and enhanced competitiveness.
  6. Marketing and Branding Strategies:Building a strong brand presence is vital in a market where consumer choices are influenced by trust and familiarity. Effective marketing strategies that highlight the purity, source, and health benefits of the bottled water can set a brand apart. Additionally, understanding and catering to local preferences can be a key driver of success.
  7. Consumer Education and Health Trends:Educating consumers about the benefits of consuming bottled water and tapping into health and wellness trends can create a positive brand image. With a growing middle class in Nigeria, consumers are increasingly willing to spend on products that align with their health-conscious lifestyles.
  8. Sustainability Practices:Embracing sustainability practices, including eco-friendly packaging and responsible water sourcing, can resonate well with environmentally conscious consumers. It not only addresses social responsibility but also positions the brand favorably in the eyes of an environmentally aware market.

Conclusion:

The bottled water business in Nigeria holds significant promise, driven by a surging demand for safe and convenient drinking water. However, navigating the competitive landscape requires careful consideration of various factors, including quality assurance, effective distribution, and strategic branding. Entrepreneurs who invest in understanding the market dynamics, prioritize quality, and adapt to changing consumer preferences stand to capitalize on the profitability potential of the bottled water industry in Nigeria.

BUSINESS PLAN AND FEASIBILITY STUDY SAMPLE FOR BOTTLED WATER

1.0. Executive Summary

The demand for pure water, both sachet and bottled water are on the rise daily. The increase in population is greatly influencing the demand and consumption of pure and bottled water. Facts have stated that the increase in population alongside the poor management of water resources has made access to clean water very difficult. This has given rise to private investors in water production in Nigeria.

For most events, corporate and personal, table water takes the lead. Though the consumption of sachet water is lower compared to table water, it still takes the lead on water sold in Nigeria by 75%.

In-depth research has been made on the water business in Nigeria and it is on this research that this business plan is built.

2.0. About the Company

Levi Water produces and supplies sachet and bottled water in Nigeria. Managed by the Ogbonna’s family, the company has fifteen man staff strength – this cuts across the production, packaging, distribution, delivery, staking and accounting of the water produced.

3.0. Vision Statement 

To be a renowned and trusted water producing company in Nigeria, especially in Abia State

4.0. Mission Statement

To produce clean and revitalizing water in a very hygienic environment with the best practices

5.0. Ownership of Enterprise

Levi Water is solely owned and managed by the Ogbonna’s family

6.0. Legal Status

Levi Water is a registered business with the Nigerian government and is working on getting NAFDAC approval as soon as possible.

7.0. Location and Facility

Levi Water is located in Abia State.

8.0. Production/Service

Levi Water produces sachet and table water while also engaging in wholesale and retail sales of the water produced.

Business Strategy

  1. To be the first point of call for drinking water needs for the public
  2. To provide delivery services with little or no charge. This depends on the distance to be covered during delivery
  3. To have a mobile shop that would offer our product to an individual who due to distance or other activities cannot come to make purchases in shops

Key Success Factors

  1. Primarily focused on individuals who need water eg students, working class, and families
  2. Our decision-making, diligence, promptness, and trustworthiness speaks volume for the business
  3. We are proactive in meeting our client needs and keeping them satisfied. This stands out

How To Download The Sachet Water and Bottled Water Business Plan Template

Above is a part of the sachet water and bottled water business plan template in Nigeria. If you want the complete business plan with the full financial plan, calculations and more, follow the procedures to download it. 

Pay the sum of N8000 (Eight thousand naira only) to the account detail below:
Bank: GTBank
Name: Oyewole Abidemi (I am putting my name and not our company account so you know we are real people and you can trust us)
Ac/No: 0238933625
Type: Saving

Thereafter, send us your email address through text message to +234 701 754 2853The text must contain the title of the business plan you want and also your email address. Immediately after the confirmation of your payment, we will send the sachet water and bottled water business plan in Nigeria to your email address where you can easily download it.

You may also like

2 comments

How to Start Pure Water Production Business in Nigeria | Liveandwingit October 24, 2020 - 8:23 pm

[…] article comes with a free business plan outline for Pure Water Production Business in […]

Reply
Top 6 Business Opportunities in Kaduna 2022 - Liveandwingit January 28, 2022 - 1:00 pm

[…] Pure/Sachet/Table Water Full Business Plan Download […]

Reply

Leave a Comment