Page 16 - MBP Profile

PROJECT-2

Establishment of Mohd Balhowaimil Perfumes Industry

ABOUT THE PROJECT

Mohd Balhowaimil Perfumes attempting to establish the perfume industry considering the current
production cost and time consumed along with the production quality assurance. The numbers of the
products are increasing gradually day by day and in response to the customer demand it necessitates
highly to start production in a large quantity.

PROJECT PROSPECT

Due to the price hike of the raw materials in recent days and production by the third party its becoming
difficult to control the production cost. The project can help us to reduce the production cost by
purchasing raw materials in bulk and store them in to our own store. We can ensure the product quality
by our own quality control team. All our products in the market now are getting good response and the
successful operation of the project can make us more confident about the product quality beside reduce

of production cost.

Cost Analysis
Current Factory : Superstar Perfumes industries LLC

Dubai, UAE
Service Taken : Factory Rent, Store Rent, Vehicle Rent, Staff Salary, other
variable costs.
DESCRIPTION COST

Factory Rent with all machineries AED 2,400,000/year
Includes all utility bills.
Vehicle Rent (4X300)/day AED 432,000/year

Yearly Total fixed cost AED 2832000

Proposed Project : Mohd Balhowaimil Perfumes Industry

DESCRIPTION COST
Ready Factory Space AED 264,000/year
Vehicle purchase (4 X AED 90,000) AED 360,000/year
st
Yearly Total fixed cost (1 Year Only) AED 624000

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www.balhowaimil.com