Introduction
There are many types of paint brushes where by some are made from stiff or soft hairs, which be either natural hairs or synthetic fibres. Soft brushes are ideal for thin paint which spreads easily and for detailed work as they form a sharp point which allows for precision painting.
However on the other hand, Bristle Brushes are superbly hand crafted out of the finest quality pure white Chungking bristle hair.
Plant Capacity
The profiled project envisages production of 100 brushes a day. The revenue potential is estimated at US$124,800 annually; the total capital investment for the project is US$ 2,772.The net profit margin for this idea is 54% and a payback period of 3 months.
Production Process
Raw fibres, bristles or hair are opened and separated in a spiking machine. They are then dressed and bundled according to their thickness and lengths. MS sheets are cut using a shearing machine and pressed to make ferrules. Ferrules are filled with bristles and dipped in vulcanizing rubber solution from the bottom side to properly soak the roots of the bristles. Wooden handles are placed in an electric hot air baking oven to ensure proper setting of the bristles under controlled temperature after fixing ferrules, the handle is nailed. The brushes are finally inspected and packed.
Capital Investment Requirements
| Capital Investment Item | Units | Qty | @ | Amount |
|---|---|---|---|---|
| Wood working circular saws | No | 2 | 38 | 76 |
| Foot operated guillotine | No | 1 | 1,376 | 1376 |
| Drying ovens | No | 1 | 689 | 689 |
| Shearing machine | No | 1 | 380 | 380 |
| Bristles spiking machines | No | 1 | 251 | 251 |
| Total | 2,772 |
Production and Operation costs
General costs (Overheads)
| Cost Item | Units | @/ day | Qty/ day | Prod. Cost/ day | Prod. Cost/ month | Prod Cost/ Year |
|---|---|---|---|---|---|---|
| Direct costs | ||||||
| Bristles | Sticks | 0.19 | 100 | 19 | 494 | 5,928 |
| Handles | Pieces | 0.4 | 100 | 40 | 1040 | 12,480 |
| MC Sheets | Sheets | 0.28 | 50 | 14 | 364 | 4,368 |
| Wire nails | No | 0.07 | 200 | 14 | 364 | 4,368 |
| Peal Pins | No | 0.1 | 200 | 20 | 520 | 6,240 |
| Vulcanizing Solution | Litres | 0.26 | 50 | 13 | 338 | 4,056 |
| Sub-total | 3,120 | 37,440 |
| Labour | 400 | 4,800 |
|---|---|---|
| Utilities | 500 | 6,000 |
| Selling and Distribution | 150 | 1,800 |
| Administrative expenses | 200 | 2,400 |
| Shelter | 400 | 4,800 |
| Depreciation (Asset write off) Expenses | 58 | 693 |
| Sub-total | 1,708 | 20,493 |
| Total Operating Costs | 4,828 | 57,933 |
- Production is assumed for 312 days per year.
- Depreciation assumes 4 year life of assets written off at 25% per year for all assets.
- A production Month is assumed to have 26 work days.
Project Product costs and Price Structure
| Item | Qty / day | Qty/ yr | @ | Pdn/ yr | UPx | T/ revenue |
|---|---|---|---|---|---|---|
| Brushes | 100 | 31,200 | 2 | 57,933 | 4 | 124,800 |
Profitability Analysis Table
| Profitability Item | Per day | Per Month | Per Year |
|---|---|---|---|
| Revenue | 400 | 10,400 | 124,800 |
| Less: Production and Operating Costs | 186 | 4,828 | 57,933 |
| Profit | 214 | 5,572 | 66,867 |
Market Analysis
Paint brushes and natural bristle fibre brushes are used in every house in rural and urban areas. It is a cost effective technology and has good market potential in rural and urban sectors.
Sources of Supply of machine
All equipments and raw materials are imported.
