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A Sample Avocado Processing Plant Business Plan Template to Get Loans and Attract Investors

An avocado processing plant business involves transforming fresh avocados into value-added products such as guacamole, avocado oil, frozen avocado pulp, powders, or dried slices for domestic and international markets.

These facilities focus on washing, peeling, slicing, mashing, packaging, and processing avocados to meet consumer and industry demands.

The global avocado market has been growing rapidly, with the industry valued at over $13 billion in 2021, and projected to reach $21.6 billion by 2027, driven by increasing consumer demand for healthy, plant-based products.

The avocado processing business thrives in regions with high avocado production, such as Mexico (the world’s largest producer), the United States, and Peru.

Efficient supply chain management, advanced processing technology, and sustainable practices are key to profitability. Value-added products like avocado oil, a high-demand health product, command premium prices.

With rising health-consciousness and diverse applications, including cosmetics and culinary uses, the avocado processing business offers significant growth opportunities, provided challenges like seasonal availability and storage are managed effectively

Steps on How to Write an Avocado Processing Plant Business Plan

  1. Executive Summary

Jerry Fardoe® Avocado Processing Company, Inc., located in Des Moines, Iowa, is a premier avocado processing business specializing in producing high-quality value-added avocado products, including guacamole, avocado oil, frozen pulp, and powders.

With a commitment to sustainability and premium product quality, Jerry Fardoe® Avocado Processing Company, Inc. aims to become a leading player in the avocado processing industry.

Situated in Des Moines, Iowa, our strategic location provides access to local avocado cultivation, ensuring a fresh and abundant supply of raw materials.

The proximity to major transportation networks facilitates efficient distribution across the United States.

Jerry Fardoe® Avocado Processing Company, Inc. differentiates itself through a combination of cutting-edge processing technology, rigorous quality control measures, and a commitment to environmentally friendly practices.

Our focus on innovation and product diversification positions us as a leader in the avocado processing industry.

Our primary target markets include retailers, wholesalers, and food service providers. By catering to both consumer and industrial demands, we aim to establish a diverse customer base and capture a significant market share.

Jerry Fardoe is the founder and CEO of Jerry Fardoe® Avocado Processing Company, Inc.

  1. Company Profile

a. Our Products and Services

At Jerry Fardoe® Avocado Processing Company, Inc., our product line includes a variety of processed avocado products, such as fresh guacamole, avocado oil, frozen avocado pulp, avocado powder, and avocado-based spreads.

These products cater to health-conscious consumers, restaurants, and retailers, meeting the rising demand for nutritious and versatile avocado solutions.

b. Nature of the Business

Our avocado processing company will operate with both a business-to-consumer business model and a business-to-business business model for retailers and distributors.

c. The Industry

Jerry Fardoe® Avocado Processing Company, Inc. will operate in the food processing industry.

d. Mission Statement

“At Jerry Fardoe® Avocado Processing Company, Inc., our mission is to produce high-quality, innovative avocado-based products that promote health and wellness while fostering sustainable farming practices.

We are committed to delivering exceptional value to our customers, partners, and the communities we serve.”

e. Vision Statement

“Our vision is to become a global leader in avocado processing, renowned for our dedication to quality, innovation, and sustainability.

We aim to set the industry standard while contributing to a healthier world and supporting the economic growth of avocado-producing communities.”

f. Our Tagline (Slogan)

“Jerry Fardoe® Avocado Processing Company, Inc.: Navigating Flavorful Horizons, Sailing Towards Wellness.”

g. Legal Structure of the Business

Jerry Fardoe® Avocado Processing Company, Inc. will be formed as a Limited Liability Company (LLC).

h. Our Organizational Structure
  • Chief Executive Officer (Owner)
  • Production (Plant) Manager
  • Quality Control Staff
  • Accountant (Cashier)
  • Production Staff
  • Logistics and Shipping Staff
  • Customer Service Executive.
i. Ownership/Shareholder Structure and Board Members
  • Jerry Fardoe (Owner and Chairman/Chief Executive Officer) 52 Percent Shares
  • Kinston Jones (Board Member) 18 Percent Shares
  • Klint Williams (Board Member) 10 Percent Shares
  • Wisdom Martins (Board Member) 10 Percent Shares
  • Samantha David (Board Member and Sectary) 10 Percent Shares.
  1. SWOT Analysis

a. Strength
  • Diverse Product Line: Offering a range of avocado-based products (e.g., avocado oil, guacamole, avocado powder) appeals to a broad consumer base.
  • Strategic Location: Located in Des Moines, Iowa, providing access to efficient transportation networks for raw material imports and product distribution.
  • Focus on Quality: Emphasis on high-quality products ensures customer satisfaction and builds brand loyalty.
  • Sustainability Practices: Commitment to eco-friendly processes aligns with consumer demand for environmentally responsible companies.
  • Experienced Team: Skilled workforce with expertise in avocado processing and innovative product development.
  • Brand Recognition: Strong branding and marketing efforts help create a reputable image in the avocado processing industry.
b. Weakness
  • Dependence on Suppliers: Reliance on avocado-producing regions (e.g., Mexico, California) for raw materials can lead to supply chain disruptions.
  • High Operational Costs: Costs associated with processing equipment, labor, and transportation can affect profit margins.
  • Market Competition: Intense competition from established avocado processing companies may limit market share growth.
  • Perishability: Avocados are highly perishable, requiring strict inventory management and increased storage costs.
  • Seasonal Availability: Seasonal fluctuations in avocado production can lead to inconsistent raw material supply and pricing.
c. Opportunities
  • Growing Demand for Avocado Products: Rising consumer preference for healthy, plant-based foods presents significant growth potential.
  • Export Markets: Expanding into international markets where avocado products are becoming increasingly popular.
  • Product Innovation: Developing new products, such as avocado-based snacks or beauty products, to tap into emerging markets.
  • Collaborations: Partnering with health-conscious brands, grocery stores, or food service providers to expand distribution.
  • Technology Integration: Utilizing advanced processing and packaging technology to improve efficiency and product shelf life.
  • Government Support: Taking advantage of government grants or subsidies for agribusiness and eco-friendly operations.
i. How Big is the Industry?

The avocado processing industry is considered a significant industry due to the growing use of avocados.

ii. Is the Industry Growing or Declining?

The global avocado processing market size was valued at nearly USD 2.10 billion in 2021. The industry is further expected to grow at a CAGR of 6.7% from 2022 to 2030, driven by increasing consumer demand for healthy and plant-based products, alongside the rising popularity of avocado-based foods such as guacamole, avocado oil, and ready-to-eat products.

This growth underscores the potential for businesses within the avocado processing industry to thrive by meeting the rising global demand.

iii. Future Trends in the Industry

The avocado processing industry is set to experience significant growth driven by evolving consumer preferences and technological advancements.

As health consciousness rises globally, demand for avocado-based products, such as guacamole, avocado oil, and ready-to-eat snacks, is increasing.

Consumers value avocados for their nutritional benefits, including healthy fats, vitamins, and antioxidants, making them a popular choice for plant-based diets and wellness trends.

Sustainability is another emerging trend shaping the industry’s future. Companies are adopting eco-friendly practices, such as reducing food waste, improving packaging, and sourcing avocados responsibly.

Innovations in processing technologies are also helping to extend product shelf life and enhance production efficiency, catering to the growing global market demand.

In addition, new product developments are fueling the industry’s growth. Manufacturers are introducing unique avocado-based products, such as powdered avocado, frozen pulp, and avocado-based beverages, to diversify offerings and attract wider consumer demographics, including millennials and Gen Z.

The expansion of international trade and emerging markets in regions like Asia and the Middle East also provides substantial opportunities for growth.

With increasing awareness of avocados’ health benefits in these areas, businesses are positioning themselves to capitalize on untapped markets and global export demand, ensuring a bright future for the avocado processing industry.

iv. Are There Existing Niches in the Industry? 

No, there are no existing niches when it comes to the avocado processing business because the avocado processing business is a niche idea in the food processing industry.

v. Can You Sell a Franchise of Your Business in the Future?

Jerry Fardoe® Avocado Processing Company, Inc. will not sell franchises, but we will expand our distribution network across the United States and other parts of the world.

d. Threats
  • Price Volatility: Fluctuations in avocado prices due to weather, pests, or geopolitical issues can affect profitability.
  • Economic Downturns: Reduced consumer spending during economic recessions may impact demand for premium avocado products.
  • Regulatory Challenges: Compliance with food safety, environmental, and import/export regulations can be costly and time-consuming.
  • Competition: Increasing competition from domestic and international avocado processors could lead to market saturation.
  • Consumer Trends: Shifts in consumer preferences or negative publicity about avocado farming’s environmental impact may reduce demand.
i. Who are the Major Competitors?
  • Calavo Growers, Inc.
  • Westfalia Fruit
  • Mission Produce
  • Henry Avocado Corporation
  • Del Monte Fresh Produce
  • Nature’s Pride
  • MegaMex Foods
  • Curation Foods, Inc.
  • Fresh Del Monte
  • Greencell Limited
  • Salud Foodgroup Europe
  • Agrana Fruit
  • Yucatan Foods
  • Avocado Green Co.
  • AvoPacific Oils
  • Simplot Foods
  • Avohass S.A.
  • Sesajal S.A. de C.V.
  • Frutco AG
  • Brooks Tropicals, LLC.
ii. Is There a Franchise for the Avocado Processing Business? 

No, there are no franchise opportunities for the avocado processing business.

iii. Are There Policies, Regulations, or Zoning Laws Affecting the Avocado Processing Business?

Yes, there are policies, regulations, and zoning laws that can affect avocado processing businesses in the United States.

These regulations ensure food safety, labeling requirements, and compliance with relevant standards.

Avocado processing businesses must comply with food safety regulations enforced by the U.S. Food and Drug Administration (FDA).

These regulations include Good Manufacturing Practices (GMPs) to ensure proper handling, processing, packaging, and storage of avocado products.

Businesses may need to implement Hazard Analysis and Critical Control Points (HACCP) systems to identify and control potential food safety hazards.

Avocado products must adhere to labeling regulations set by the FDA. The labels should provide accurate and clear information about the ingredients, nutrition facts, allergen warnings, and any other required information.

Compliance with specific labeling requirements, such as those related to organic or gluten-free claims, may also be necessary.

The use of specific ingredients in avocado-related products may be regulated. For example, if the product claims to be organic, it must meet the standards defined by the National Organic Program (NOP).

Additionally, certain additives, preservatives, or allergens may have restrictions or specific labeling requirements.

  1. Marketing Plan

a. Who is Your Target Audience?

i. Age Range: Our target audience includes individuals across a wide age range, particularly focusing on adults and young adults who have a strong influence on their household purchasing decisions. This typically encompasses individuals aged 18 to 45 years old.

ii. Level of Education: Jerry Fardoe® Avocado Processing Company, Inc. aims to reach individuals across various educational backgrounds.

iii. Income Level: Our target audience comprises individuals from various income levels. While our premium-quality avocado products may attract consumers with higher disposable incomes, we also offer options suitable for different budget ranges to ensure inclusivity and accessibility.

iv. Ethnicity: Jerry Fardoe® Avocado Processing Company, Inc. aims to cater to a diverse range of ethnicities and cultural backgrounds.

Our products are not limited to any specific ethnic group and are intended to appeal to a broad customer base.

v. Language: We primarily communicate with our target audience in English, as it is the predominant language in the regions where we operate.

However, we will provide a welcoming and inclusive environment for customers of various language backgrounds.

vi. Geographical Location: Initially based in Des Moines, Iowa, Jerry Fardoe® Avocado Processing Company, Inc. targets customers within the local and regional markets.

As we expand, we aim to reach customers across the United States, focusing on areas with a higher concentration of health-conscious individuals.

vii. Lifestyle: Our target audience consists of health-conscious individuals who prioritize high-quality, nutritious food options.

b. Advertising and Promotion Strategies
  • Build Relationships with players in the retail and grocery industry.
  • Deliberately Brand All Our Vans and Delivery Bikes.
  • Develop Your Business Directory Profiles
  • Tap Into Text Marketing
  • Make Use of Bill Boards.
  • Share Your Events in Local Groups and Pages.
  • Turn Your Social Media Channels into a Resource
i. Traditional Marketing Strategies
  • Marketing through Direct Mail.
  • Print Media Marketing – Newspapers & Magazines.
  • Broadcast Marketing -Television & Radio Channels.
  • Out-of-Home” marketing (OOH marketing) – Public Transits like Buses and Trains, Billboards, Street shows, and Cabs.
  • Leverage direct sales, direct mail (postcards, brochures, letters, fliers), tradeshows, print advertising (magazines, newspapers, coupon books, billboards), referral (also known as word-of-mouth marketing), radio, and television.
ii. Digital Marketing Strategies
  • Social Media Marketing Platforms.
  • Influencer Marketing.
  • Email Marketing.
  • Content Marketing.
  • Search Engine Optimization (SEO) Marketing.
  • Affiliate Marketing
  • Mobile Marketing.
iii. Social Media Marketing Plan
  • Start using chatbots.
  • Create a personalized experience for our customers.
  • Create an efficient content marketing strategy.
  • Create a community for our target market and potential target market.
  • Gear up our profiles with a diverse content strategy.
  • Use brand advocates.
  • Create profiles on the relevant social media channels.
  • Run cross-channel campaigns.
c. Pricing Strategy

When working out our pricing strategy, Jerry Fardoe® Avocado Processing Company, Inc. will make sure it covers profits, insurance, premium, license, and economy or value and full package. In all our pricing strategy will reflect;

  • Penetration Pricing
  • Cost-Based Pricing
  • Value-Based Pricing
  • Competition-Based Pricing.
  1. Sales and Distribution Plan

a. Sales Channels

Jerry Fardoe® Avocado Processing Company, Inc. employs a comprehensive sales channel strategy to reach diverse markets.

Primarily, our products are distributed through traditional retail channels, including supermarkets, grocery stores, and specialty food stores.

Additionally, we have established partnerships with wholesalers to extend our reach and cater to a broader audience.

E-commerce platforms play a crucial role in our sales strategy, providing convenience for direct-to-consumer purchases.

We will collaborate with distributors to ensure efficient supply chain management, facilitating timely deliveries.

To strengthen relationships and foster brand loyalty, we actively engage with our customers through online platforms, promotional events, and participation in relevant industry trade shows.

b. Inventory Strategy

Jerry Fardoe® Avocado Processing Company, Inc. will implement a robust demand forecasting system to accurately predict customer demand for various avocados. This can be achieved by analyzing historical sales data, market trends, and customer feedback.

We will adopt a Just-in-Time (JIT) Approach to inventory management to minimize inventory carrying costs and optimize cash flow.

This strategy involves ordering and receiving inventory from suppliers as close as possible to the time of customer demand.

We will develop strong relationships with suppliers to ensure a reliable and consistent supply of high-quality processed avocados.

Regularly evaluate supplier performance, negotiate favorable terms, and explore opportunities for strategic partnerships to enhance supply chain efficiency.

c. Payment Options for Customers
  • Credit Card
  • Debit Card
  • PayPal
  • Bank Transfer
  • Electronic Funds Transfer (EFT)
  • Mobile Wallet (e.g., Apple Pay, Google Pay)
  • Check
  • Electronic Payment Systems such as PayPal or Venmo
d. Return Policy, Incentives and Guarantees
Return Policy:

Jerry Fardoe® Avocado Processing Company, Inc. is committed to customer satisfaction. If customers receive damaged or defective products, they may return them within 30 days for a full refund or product replacement.

For returns unrelated to product quality, we offer exchanges or store credit, subject to product condition and approval.

Incentives:

To show appreciation for our valued customers, Jerry Fardoe® Avocado Processing Company, Inc. offers loyalty programs, seasonal discounts, and exclusive promotions. Wholesale clients enjoy volume-based incentives, fostering long-term partnerships.

Our referral program rewards customers for recommending our products, further enhancing the overall customer experience.

Guarantees:

We guarantee the quality and freshness of our avocado products. Our commitment extends to ethical sourcing, sustainable practices, and transparency throughout the supply chain, ensuring confidence in every Jerry Fardoe® Avocado Processing Company, Inc. product.

e. Customer Support Strategy

Customer support is a crucial aspect of any business, hence we will make sure we provide multiple channels for customers to reach out and seek support.

This will include a dedicated customer support phone line, email address, and online chat option on the company’s website. We will ensure that these channels are easily accessible and prominently displayed.

We will implement a system that allows customers to track their orders and receive regular updates on the status of their deliveries.

This transparency will help us build trust and reduce customer anxiety about the progress of their purchases.

We will create a detailed Frequently Asked Questions (FAQ) section on the company’s website that addresses common customer queries.

This can help customers find answers to their questions quickly and reduce the need for direct support.

Offer downloadable resources, such as care guides or recipe suggestions, to provide additional value to customers.

We will regularly evaluate and analyze customer support metrics, such as response times, customer satisfaction scores, and complaint resolution rates.

  1. Operational Plan

Jerry Fardoe® Avocado Processing Company, Inc. operates with a comprehensive operational plan geared towards excellence.

Our state-of-the-art processing plant (facility) in Des Moines, Iowa ensures the highest standards in avocado production.

The plan emphasizes sustainable practices, from sourcing to packaging, aligning with eco-friendly initiatives.

Efficient supply chain management involves strong collaborations with local avocado farmers, guaranteeing a consistent and quality raw material supply.

Cutting-edge technology optimizes processing, enabling diverse product offerings. Our strategic geographic location facilitates distribution across the U.S., with e-commerce integration expanding market reach.

Quality control measures are rigorously enforced at every stage, ensuring the delivery of premium avocado products. Continuous improvement, innovation, and a focus on sustainability drive our operational success.

a. What Happens During a Typical Day at an Avocado Processing Plant?

A typical day at an avocado processing business begins with receiving and inspecting freshly harvested avocados to ensure quality standards. The fruits are then washed, sorted, and graded based on size, ripeness, and condition.

Depending on the product line, avocados may be peeled, pitted, and processed into items like guacamole, avocado oil, or frozen avocado slices.

Processing involves advanced machinery to maintain hygiene and efficiency while ensuring minimal waste. Quality control teams oversee production, ensuring compliance with food safety standards.

Packaged products are labeled, stored, and prepared for distribution to retailers or wholesalers. Administrative tasks, such as managing logistics and customer orders, round out the day.

b. Production Process

Here are some key aspects of an avocado processing business:

Sourcing and Harvesting:
  • Procure fresh avocado from local farmers.
  • Harvest avocado at the optimal maturity stage for maximum flavor, texture, and nutritional value.
Cleaning:
  • Thoroughly clean the harvested avocado to remove dirt and impurities.
  • Utilize washing and scrubbing methods to ensure cleanliness.
Drying:
  • Employ advanced drying techniques, including sun drying, air drying, or specialized drying machines, to remove moisture and enhance shelf life.
  • Monitor and control drying parameters to preserve the natural qualities of the avocado.
Processing:
  • Grind dried avocado to produce avocado powder.
  • Extract avocado oil through advanced extraction methods.
  • Create guacamole, frozen avocado slices, powders, purees, and other products using specialized processing equipment.
Quality Control:
  • Implement rigorous quality control measures at every stage of production.
  • Conduct sensory evaluations, laboratory tests, and visual inspections to ensure consistency and adherence to standards.
Packaging:
  • Carefully package processed avocado products in eco-friendly and protective materials.
  • Label packages with accurate product information and branding.
Distribution:
  • Manage inventory and coordinate timely distribution to retailers, wholesalers, and other customers.
  • Ensure products reach consumers in optimal condition.
c. Service Procedure

At Jerry Fardoe® Avocado Processing Company, Inc., our service procedure is customer-centric and efficient. It begins with a user-friendly online platform for easy product selection and ordering.

We ensure prompt order processing, with a dedicated customer service team addressing inquiries and providing assistance.

Stringent quality checks are conducted throughout the production process to guarantee premium avocado products. Fast and secure shipping options are available for timely deliveries.

Our commitment extends to a transparent return policy, offering refunds or replacements for damaged or defective items.

Loyalty programs and exclusive incentives further enhance the overall customer experience, fostering lasting relationships and trust in our brand.

d. The Supply Chain

Jerry Fardoe® Avocado Processing Company, Inc. prioritizes an efficient and reliable supply chain service procedure.

It commences with strategic collaborations with local avocado farmers, ensuring a consistent and high-quality raw material supply.

Our state-of-the-art processing (plant) facility employs cutting-edge technology to transform avocados into various premium products. Rigorous quality checks are enforced at every production stage.

The supply chain is managed meticulously, from inventory control to order fulfillment, guaranteeing timely deliveries to retailers and wholesalers nationwide. Collaborative partnerships with distributors enhance our market reach.

Transparency, sustainability, and innovation are integrated into our supply chain, ensuring a seamless and responsible flow of products from cultivation to the end consumer.

e. Sources of Income

Jerry Fardoe® Avocado Processing Company, Inc. generates income through the production and sale of a diverse range of premium avocado products.

Our revenue streams include retail sales through various channels, wholesale distribution, and online transactions, contributing to a robust and diversified income model.

  1. Financial Plan

a. Amount Needed to Start Your Avocado Processing Company

Jerry Fardoe® Avocado Processing Company, Inc. would need an estimate of $2.5 million to successfully set up our avocado processing manufacturing company in the United States of America. Please note that this amount includes the salaries of all our staff for the first month of operation.

b. What are the Costs Involved?
  • Business Registration Fees – $750.
  • Legal expenses for obtaining licenses and permits – $20,300.
  • Marketing, Branding, and Promotions – $10,000.
  • Business Consultant Fee – $15,500.
  • Insurance – $12,400.
  • Rent/Lease – $850,000.
  • Operational Cost (salaries of employees, payments of bills et al) – $350,000
  • Start-up Inventory – $250,000
  • Equipment and Trucks – $750,000
  • Website: $600
  • Opening party: $5,000
  • Miscellaneous: $5,000
c. Do You Need to Build a Facility? If YES, How Much will it cost?

Jerry Fardoe® Avocado Processing Company, Inc. will not build a new facility for our avocado processing company; we intend to start with a long-term lease and after 5 years, we will start the process of acquiring a shop facility in a centralized location in the city.

d. Ongoing Expenses for Running an Avocado Processing Company
  • Rent or mortgage
  • Utilities (such as electricity, gas, water, and internet service)
  • Equipment maintenance and repair (such as harvesting equipment, processing machinery, or packaging equipment)
  • Staffing costs (employee salaries, benefits, payroll taxes, and workers’ compensation insurance.)
  • The cost of purchasing raw avocados
  • Packaging and Shipping
  • Marketing and advertising
  • Insurance
  • Accounting and legal fees (such as bookkeeping, tax preparation, and contract review).
e. Average Salary of your Staff
  • Chief Executive Officer – $85,000 Per Year
  • Production Manager – $65,000 per year
  • Quality Control Staff – $60,000 per year
  • Accountant (Cashier) – $55,000 per year
  • Processing and Production Staff – $50,000 per year
  • Logistics and Shipping Staff – $55,000 per year
  • Customer Service Executive -$45,000 per year.
f. How We Will Get Funding to Start our Avocado Processing Business
  • Raising money from personal savings and sale of personal stocks and properties
  • Raising money from investors and business partners
  • Sell shares to interested investors
  • Applying for a loan from your bank/banks
  • Pitching your business idea and applying for business grants and seed funding from, the government, donor organizations, and angel investors
  • Source for soft loans from your family members and your friends.
  1. Financial Projection

a. How Much Should You Charge for your Product/Service?

Processed avocado products can vary widely in price based on the form, packaging, and brand. Below are the typical price ranges for our processed avocado products sold in the U.S.:

Guacamole
  • Retail Price: $4.00 – $6.00 (for a 12 oz. to 16 oz. container)
  • Bulk (food service): $1.50 – $3.50 per pound
Avocado Pulp (Frozen)
  • Retail Price: $5.00 – $7.00 per 12 oz. package
  • Bulk (food service): $3.50 – $5.00 per pound
Avocado Oil
  • Retail Price: $8.00 – $20.00 (for a 16 oz. bottle)
  • Bulk (food service): $4.50 – $7.00 per litre
Avocado Powder
  • Retail Price: $12.00 – $25.00 per 3 oz. to 5 oz. bag
  • Bulk (food service): $30.00 – $50.00 per kg
Avocado Slices or Halves (Frozen)
  • Retail Price: $3.50 – $6.00 per 10 oz. bag
  • Bulk (food service): $2.50 – $4.00 per pound
Avocado Paste
  • Retail Price: $4.00 – $6.00 for 12 oz.
  • Bulk (food service): $3.00 – $5.00 per pound

Please note that the prices can fluctuate based on factors such as seasonality, supply chain costs, and brand positioning. Organic and premium brands typically fall at the higher end of the price spectrum.

Sales Forecast

  • First Fiscal Year (FY1): $1 million
  • Second Fiscal Year (FY2): $2 million
  • Third Fiscal Year (FY3): $3.5 million
b. Estimated Profit You Will Make a Year?
  • First Fiscal Year (FY1) (Profit After Tax): 15%
  • Second Fiscal Year (FY2) (Profit After Tax): $25%
  • Third Fiscal Year (FY3) (Profit After Tax): 30%
c. Profit Margin of an Avocado Processing Company 

The ideal profit margin we hope to make at Jerry Fardoe® Avocado Processing Company, Inc. will be between 5 and 10 percent depending on the packaging size.

  1. Growth Plan

a. How do you intend to grow and expand? By opening more retail outlets/offices or selling a Franchise?

Jerry Fardoe® Avocado Processing Company, Inc. will grow our avocado processing manufacturing company by first opening other production plants in key cities in the United States of America within the first five years of establishing the business and will start expanding overseas by exploring the export market.

b. Where We intend to expand to and why

Jerry Fardoe® Avocado Processing Company, Inc. plans to expand to the following cities.

  • Orlando, Florida
  • Nashville, Tennessee
  • San Francisco, California
  • Phoenix, Arizona
  • Austin, Texas
  • Denver, Colorado
  • Seattle, Washington
  • Charlotte, North Carolina
  • Atlanta, Georgia
  • Dallas, Texas.

We are expanding to these cities because these cities have a high demand for processed avocado products and a good location to source fresh avocados.

  1. Exit Plan

The founder of Jerry Fardoe® Avocado Processing Company, Inc. plans to exit the business via family succession.

We have positioned structures and processes in place that will help us achieve our plan of successfully transferring the business from one family member to another and from one generation to another without difficulties.

The company has successfully developed a detailed transition plan to smoothly hand over responsibilities to the new successor.

This includes transferring ownership, training key personnel, and communicating with employees, customers, and suppliers about the change.