Queen Luxury Collections
- Category
- Business
- Profile Views
- 395
- Kudos Awarded
- Vitex Wallet Address:
- vite_c479f11ac5249c44eb7a57609b08390cd1c86967935c3b2196
- Very Short Reason for Funding:
- Clothing brand and running capital
Why are we asking for funding?
Business Proposal by Adewale Aisha
Telegram Contact: @amthequeenofafrica
Business Description
Queen Luxury Collections is an emerging online clothing brand registered in Ilorin, Kwara State, Western Nigeria, Africa. Queen Luxury Collections is known for creating ready-to-wear African prints for personal shopping, rental, as a beautiful gift, as well as wholesale supply. Queen Luxury Collections offer unisex outfits, bags, footwear, and aṣọ òkè!
Location and Facilities
A plot of land will be acquired in a developed area in Ilorin, Kwara State, Western Nigeria, Africa where our company warehouse will be constructed. Infrastructure will be a two-storey facility. The first floor will be our boutique where customers will enjoy the entirety of their shopping experience. The second floor will be where clothing, bags, and footwear are manufactured then stored alongside production materials, as well as provide generous accommodations for staff members.
Hours of Operation
Monday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 5:00 PM
Saturday: 9:00 AM - 5:00 PM
Social Media
Facebook: Queen Luxury Collections
Google Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Instagram: @queenluxurycollections
WhatsApp: +2348164162582
Official Queen Luxury Collections website COMING SOON!
Launch Summary
The estimated amount needed is ₦20M Nigerian Naira (39,483 $EPIC) for the launch of my clothing brand and running capital.
Use of Funds
A plot of land → ₦6.5M Nigerian Naira (16,323 $EPIC)
Construction and final polish → ₦4.5M Nigerian Naira (8,883 $EPIC)
Company transportation → ₦3.5M Nigerian Naira (6,909 $EPIC)
Branding, business registration, marketing → ₦2.5M Nigerian Naira (5,423 $EPIC)
Machinery and materials → ₦3M Nigerian Naira (5,922 $EPIC)
Staffing Requirements 1 Driver
- Deliveries and errands
1 Cleaner
- General maintenance
1 Security Guard
- Guard the facility and monitor flow of staff and customers
3 Fashion Designers
- Design company products
1 Social Media Manager
- Manage company social media handles, websites, and traffic generation
1 Storekeeper
- Arrangement of delivery and monitoring flow of materials and business products
Cashier
- In charge of transactions and all cash flow records
Manager
- I am in charge of managing Queen Luxury Collections
Envisioning the Future
Queen Luxury Collections will be one of the biggest fashion clothing brands in Africa with hard work, consistency, and stylish products similar to Gucci, Fendi, Prada etc.
Queen Luxury Collections will open boutiques in different states as well as other African nations. Ilorin, Kwara State is the flagship and will remain the manufacturing facility where mass production occurs.
Future Services
Queen Luxury Collections has future plans to provide a professional, signature “we dress you up” tailoring service, where we help provide unique style to our clients for any occasion whether emergency, or an already planned event like dinner parties, weddings, casual dates, and MUCH MORE!
Expected Daily Sales Turnover
Average Clientele: 27
Average Sales: 1,500
Total Sales: ₦25,000 Nigerian Naira ($EPIC54)
Expected Monthly Sales Turnover
Average Clientele: 800
Average Sales: 1,500
Total Sales: ₦750,000 Nigerian Naira ($EPIC1,621)
Expected Annual Sales Turnover
Average Clientele:
Year 1: 10,000
Year 2: 15,000
Year 3: 15,000
Average Sales:
Year 1: 1,500
Year 2: 1,500
Year 3: 1,500
Total amount:
Year 1: ₦9.25 million Nigerian Naira ($EPIC20,000)
Year 2: ₦14.1 million Nigerian Naira ($EPIC30,400)
Year 3: ₦14.1 million Nigerian Naira ($EPIC30,400)
Epic Promotional Partnership
Return on Investment:
- Any customer who pays with $EPIC receives a 20% discount on all merchandise.
- Payment to all promoters, influencers, and staff of Queen Luxury Collection will be compensated in $EPIC.
- All company product packaging such as nylon, paper bags, banners, gift boxes, and billboards will be custom integrated with $EPIC branding.
- All partnership and collaboration with $EPIC is indefinite as long as Queen Luxury Collection is operational.
Delivery Card Example:
Business Feasibility Study
The fashion industry is known for being the highest turnover business by Nigerian citizens and Africa as a whole; in terms of entertainment and lifestyle.
FASHION IS LIFE! Fashion brings out the boldness in one's confidence and daily lifestyle for young children, teenagers, and adults.
Target Market Strategy
Queen Luxury Collection will provide stylish wear, made with high-quality materials at
reasonable prices.
We have Facebook and Instagram pages, and utilize other social media outlets such as Twitter for relevant advertisement.
Opportunities
- Few entry barriers allow for immediate business opportunities
- Collaboration with additional boutique owners creates immediate business transactions
- Collaboration with additional online vendors establishes fast-track wholesale supply deals
Market Test
I have conducted a lot of research on clothing lines, it turns out to be one of the fastest yielding businesses with up to 80% profit margin turnover.
Strength
1. Africa prints are incredibly unique on their own, which brings our culture to the forefront and are well recognized all over Africa.
2. Stylish casual and occasional wear, fabulously designed ready-to-wear, consistently at your convenience. ARE YOU READY TO SHOP at Queen Luxury Collection?
3. Collaboration with upcoming entertainment artists in the industry.
4. Collaboration with top social media influencers.