Executive Summary
Boaz Trading PLC proposes launching a premium dry-cleaning service in Addis Ababa, Ethiopia, targeting urban professionals, expatriates, and affluent households. With Ethiopia’s rapid urbanization and rising middle class, the demand for convenient, high-quality garment care is growing. Key highlights:
- Total Project Cost: 22,600,000 ETB ($400,000 USD)*.
- ROI: 9% annually (2,034,000 ETB returns on 22.6M ETB investment).
- Monthly Cash Flow: 169,500 ETB ($3,000 USD).
- Unique Edge: Eco-friendly technology, luxury branding via strategic sponsorships, and localized pricing aligned with Ethiopian purchasing power.
- Yacht Racing Sponsorship: 5,650,000 ETB ($100,000) allocated to build brand prestige among high-net-worth clients.
*Exchange rate: 1 USD = 56.5 ETB (as of 2023).
---