Jethron Antiniolos

Assistant Manager of TAV

START A RICE BUSINESS!

START YOUR RICE IMPORT EXPORT BUSINESS

For more information on how to start your own rice import export business and the rice
importers and exporters contacts you need to be a successful trader.
Go to: http://xnxx.TAV.com

STARTING A RICE DEALERSHIP BUSINESS IN RICE RETAILING (BIGASAN) IN THE

PHILIPPINES
Rice Retailing is a profitable business because rice is the staple food in our country. There are
many rice varieties that consumers can choose from at low cost the preferred varieties for daily
meals are white, long grained, and aromatic. Glutinous or sticky rice (malagkit) are used for
native sweets.

Area: 90 square meter (10x9)

Capital: Php. 1,143,709.00

Summary:
Estimated Investment Cost (Php.)
1. Product 72, 360.00
2. Construction
a. Materials 644,575.00
b. Man Power 326,774.00
3. Others 100,000.00
Total Cost 1,143,709.00
1. Product
A. Basic Equipment
Rice boxes, 6 pcs – 12,622.50
Scooper 250.00
Pushcart 600.00
Weighing scale 900.00
Sub-Total – P4,250.00
B. Basic Weekly Supplies (from rice farmers/producers)
Sinandomeng, 450 kilos @P28.05/kg – P12,622.50
Dinurado, 400 kilos @34.00/kg -13,600.00
Wag-wag, 350 kilos @25.50/kg -8,925.00
Milagrosa, 250 kilos @25.05/kg -7,012.50
Long Grain, 350 kilos @25.50/kg -8.925.00
NFA Rice. 700 kilos @21.25/kg -14,875.00
Malagkit, 50 kilos @34,00/kg -1,700.00
Sub-Total – P67,660.00
C. Packaging
Sando Bags, 3000 pcs – P450.00
Estimated total investment cost – P72, 360.00
D. Cost of Goods Sold
Merchandise Inventory Beginning (20%) – 13,622.00
Add: Purchases (80%) – 54,486.00
Total Goods Available for Sale – 68,110.00
Less: Merchandise Inventory, Ending – 13,622.00
Cost of Goods Sold – 54,488.00
Add: 15% Mark-up – 8,173.20
Sales – 62,661.20
2. Construction
a. Materials23

LIST OF CONSTRUCTION SUPPLIES AND MATERIALS

Qty. Unit Item Description Unit Cost (Php.) Total Cost (Php.)
I. Completion of the Administration Building Extension
A. Electrical Works
1/2 roll Flexible conduit, D-25mm 450.00 450.00
1 box THHN electrical wire, 12mm2 2,970.00 2,970.00
1 box THHN electrical wire, 14mm2 2,025.00 2,025.00
20 pcs Utility box, PVC, deep type 15.00 300.00
10 pcs Junction box, PVC, deep type 25.00 250.00
5 roll Electrical tape, big 38.00 190.00
4 set Convenience outlet, 2-gang 165.00 660.00
LED fluorescent lamp, recessed, with housing &
4 set diffusers 1,450.00 5,800.00
4 set 2 gang switch, with cover, window plate 165.00 660.00
1 unit 4 holes panel box/breaker box 500.00 500.00
1 pc Circuit breaker, 60A 330.00 330.00
2 pairs Circuit breaker, 20A 210.00 420.00
1 pairs Circuit breaker, 15A 210.00 210.00
B. Ceiling Works
60 pcs Light fiber cement board, 1/4" x 4" x 8' 590.00 35,400.00
60 pcs Metal furring, 0.5mm, 12mm x 38mm x 5m 180.00 10,800.00
75 pcs C- channel, 1.2mm, 12mm x 210.00 15,750.00
20 pcs Wall angle, 0.50mm, 25mm x 25mm x 2.40m 75.00 1,500.00
10 box Blind rivets (500's) 290.00 2,900.00
300 pcs Tex screw 3.00 900.00
C. Painting Works
35 gals Concrete putty 390.00 13,650.00
75 gals Flat wall latex (primer) 520.00 39,000.00
20 gals Semi-gloss latex, elastomeric (top coat) 630.00 12,600.00
2 gals Paint thinner 280.00 560.00
5 yard Sand paper, #80 210.00 1,050.00
4 pcs Acrylic paint brush, 4" 140.00 560.00
4 set Roller paint brush with pan 130.00 520.00
D. Tile works & others
625 pcs 0.40m x 0.40m non-slip granite tiles 160.00 100,000.00
55 bags Tile adhesive 240.00 13,200.00
200 bags Tile grout 85.00 17,000.00
200 bags Cement 275.00 55,000.00
155 cu m Sand 1,200.00 186,000.00
II. Continuation
600 pcs CHB, 4" 15.00 9,000.00
 2 gals Metal Primer 590.00 1,180.00
4 pcs Paint brush, 3", heavy duty 85.00 340.00
55 bags Portland cement 265.00 14,575.00
20 kgs Umbrella nails 120.00 2,400.00
20 kgs Welding rod, # 6013, 3.2mm 110.00 2,200.00
3 gallons Epoxy primer, (gray/black) 660.00 1,980.00
2 gallons Acrylic thinner ( automotive premium grade) 320.00 640.00
4 pcs Paint brush, 1 1/2" 85.00 340.00
15 gallons Metal primer 340.00 510.00
2,500 pcs Tex screw, 2" 2.00 5,000.00
III. Construction for CR
6 pcs Lumber, 2"x 6"x 10' (for plate) 395.00 2,370.00
5 pcs Lumber,2"x 6"x 12', (for trust) 450.00 2,250.00
14 pcs Lumber, 2"x 2"x 8' ( for ceiling) 110.00 1,540.00
6 pcs Plywood, 1/4"x4"x8' 390.00 2,340.00
80 pcs Tex screw 3.50 280.00

6 pcs PVC pipe orange,2" 275.00 1,650.00

1 pc PVC elbow 3" x 90° 35.00 35.00
0
1 pcs PVC elbow, 2" x 90 50.00 50.00
2 pcs PVC Plug, 2" 30.00 60.00
2 kgs Tie wire # 18 120.00 240.00
2 ltrs Elastomeric sealant, vulca seal 580.00 1,160.00
160 pcs Floor tiles, 12" x 12', unglazed, brown 38.00 6,080.00
510 pcs Wall tiles, 12" x 12" 38.00 19,380.00
5 kgs Tile grout, cream 50.00 250.00
1 sets Water closet w/ lavatory dual flush 13,500.00 13,500.00

100 kgs Tile grout 40.00 4,000.00

4 cu m Crushed sand 1,300.00 5,200.00
5 pcs Tile cutting disc, 4" 550.00 2,750.00
IV. Cooling System
4 pcs Exhaust fan 4,500.00 18,000.00
4 pcs Ceiling fan 1,800.00 7,200.00
1 pc Water dispenser 2,800.00 2,800.00
Subtotal 644,575.00

b. Man Power = 40% of the total cost

3. Others = 100,000.00