The document outlines a proposed project to establish a water refilling station in Davao City called DuTHIRSTY Water Station. It will be run by 6 project proponents and employ 4 staff. The station will use reverse osmosis filtration and bottle and deliver purified drinking water. It will be located in Gravahan, New Matina to serve nearby students. The proponents estimate costs of around 980,000 PHP and expect the station to generate employment, meet community water needs, and provide tax revenue while operating sustainably.
The document outlines a proposed project to establish a water refilling station in Davao City called DuTHIRSTY Water Station. It will be run by 6 project proponents and employ 4 staff. The station will use reverse osmosis filtration and bottle and deliver purified drinking water. It will be located in Gravahan, New Matina to serve nearby students. The proponents estimate costs of around 980,000 PHP and expect the station to generate employment, meet community water needs, and provide tax revenue while operating sustainably.
The document outlines a proposed project to establish a water refilling station in Davao City called DuTHIRSTY Water Station. It will be run by 6 project proponents and employ 4 staff. The station will use reverse osmosis filtration and bottle and deliver purified drinking water. It will be located in Gravahan, New Matina to serve nearby students. The proponents estimate costs of around 980,000 PHP and expect the station to generate employment, meet community water needs, and provide tax revenue while operating sustainably.
II. PROJECT FEATURES SUMMARY 1. Area of Investment Water Refilling Station 2. Project Proponent Kenneger Aguirre Arian Claire Bacalso Jireh Bacarro Ryan Paul Bonsubre Coleen Fulguerinas Mariel Mata 3. Brief Project The project is to establish a water refilling station Description/Rationale - The demand at the water refilling stations that sell purified water is now increasing. - One of the fast expanding businesses in many cities nationwide is the water refilling station. - Lot of people in urban areas prefer to get their drinking water from water stations because it’s simply clean and safe to drink. - Thus, starting a water refilling station business becomes one of the most promising and profitable businesses today. 4. Project Base Location Gravahan, New Matina, Davao City The location is resided by a great number of renting students from various schools in the downtown area, more so from the University of Mindanao Matina Campus. With this, to ensure safe drinking water in the area, a probable market is expected to patronize.
5. Employment to be generated - 1 Operations Manager
- 1 Front Liner - 1 Delivery Man - 1 Driver 6. Project Proponent’s Equity: Capitalization Water Filtration Machine Php 300,000 / Sources of Renovation or New Store (at Financing least 20 sq. meters) 80,000 Delivery Vehicle 500,000 Permits 10,000 Initial Supplies a. 200 bottles round Php 40,000 b. heat gun 10,000 c. stickers 10,000 60,000 Others 30,000 Total Php 980,000 7. Total Project Cost Water Filtration Machine 1 (one) and accessories Php 300,000 New Store Renovation Cost 80,000 Delivery Vehicle 1 (one) 500,000 Other Cost 90,000 Working Capital 10,000 Total Php 980,000 III. MARKET STUDY / ANALYSIS 1. Product Concept Water is a basic necessity. However, its potability is not guaranteed and thus the need of purifying it arises, enriching it with addition minerals. 2. Target Market Residents and nearly within Davao City 3. Marketing & Promotions As for advertising, the business focuses on personal Strategies contacts. Offering promotional schemes occasionally. Water quality and timely service will be maximized to establish advantage from competitors. 4. Other Market Consideration -To monitor closely technological, supply and demand developments relating to water refilling business in the area. -To be proactive, updated and flexible to apply new or innovative strategies and approaches to enhance service delivery to improve costing, distribution strategies. IV. TECHNICAL/OPERATIONS 1. Base Location Gravahan, New Matina, Davao City 2. Water Filtration Facility The facility employs reverse osmosis, commonly referred to as RO, a process where you demineralize or deionize water by pushing it under pressure through a semi-permeable reverse osmosis membrane. 3. Delivery Vehicle 4-wheeler mini-truck 4. Manpower Requirement 1- Operations Manager – directly manage store operations 1-Front-liner – deals with the customer, refills water bottles and receives payment from customers 1-Technical Assistant (on-call) – maintains and runs the machine 1-Driver – transports refilled water bottles to customer’s location 1-Delivery Man – unloads and loads water bottles 5. Environmental Considerations To comply with existing water quality and sanitation. 6. Timetable Immediately, renovate and prepare the business location for the acquisition and installation of water refilling facility. V. ORGANIZATION 1. Management System a. Managing partner will oversee b. Operations manager will directly manage the operations c. Technical assistant – (on call) will be in- charge of water filtration facility maintenance. VI. FINANCE 1. Notes and Assumptions on the Projected Schedule 1 Statements 2. Pro-forma Financial Statements a. Projected Income Statement Schedule 2 b. Projected Statement of Financial Position Schedule 3 c. Projected Cash Flows Schedule 4 3. Financial Highlights Schedule 5 a. Return on Investment b. Payback Period c. Breakeven Point & Margin of Safety VII. Socio-Economic Impact 1. On Employment Generation Presents new employment opportunity and creates additional jobs in the community from construction of building premises, installation of machineries, and up to the start of operation. 2. On Community Needs 1. To provide affordable purified water free from impurities 2. To provide additional jobs in the community 3. On Government 1. To serve as a new source of revenue generating entity through local taxes collected. 2. To help the LGU in meeting the increasing demand for potable water.
4. On Environment To operate within the guidelines promulgated by the
Community Environment and Natural Resources Office and promotes sustainable development.