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 Executive Summary

Agresote Nigeria Limited Property Management was founded in 2020 and its currently in the
development and planning stages. We are a full-service property management in partnership with
industry-leading organization to profitably and adequately provide high quality property
management services to real estate investors, with a focus on personal attention. Real estate investors
want the best return on their investment with low-turnover, on-time rent collection, and smoothly
running and well-maintained properties. Tenants want a place they are proud to call home, where
they can relax and enjoy their surroundings. Agresote Property Management seeks to meet all these
needs with efficiency and dedication. We achieve this by making our processes simply, timely, and
cost-effectively. The pillar of our business model will be a proprietary website that will offer quick
and easy service for the use of prospects, tenants, and clients. We will create value for the property
owner with superb total maintenance of rental properties, as well as serving as a facilitator between
the tenant and the landlord, all coordinated through our proprietary website application. We will
leverage the use of technology to automate many manual processes, reducing costs for the property
owner. Our refined processes will also allow us to give our tenants a better rental experience by
creating open and effective lines of communication between themselves and the property owner, as
well as courteous, prompt, and professional service to their home and the property grounds. Our
focus is on continual improvement of the value we bring to all participants, such as tenants, and
especially property owners. We will also strategically grow the business by forging relationships
and networking to the fullest extent, as this is the basis of the real estate industry. Our founders have
a true understanding of what it takes to win in this industry with over 25+ years of combined property
management and real estate experience, various certification by recognized organizations, as well
as in-depth knowledge in the area of e-commerce and web technologies. Our founding team are
seasoned professionals who are driven, motivated, and personally involved in the growth and success
of this venture. With the level of real estate industry expertise our team possesses, coupled with our
sound business concept, a proprietary technology and desire to succeed makes Agresote Property
Management a worthy investment.

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The company

Agresote Nigeria Limited is a licensed property management company that offers quick,
easy and trustworthy services in order to tackle the challenges associated with property
investments. We are based in Lagos, Nigeria but will be able to offer our services across
all southwestern states. Agresote aims to disrupt the real estate and housing industry by
exploiting the benefits of on-demand technology integration and payment unit within its
decentralized system. Our website form one unique service for our users, representing the
next step in the evolution of housing and real estate. We are a for-profit corporation and
our revenue will come through paid commissions, sales of properties such as land, and
buildings, .

Agresote Nigeria Limited has a team of experienced professionals, a readily available

technology solution and key partnerships with industry-leading organizations.

Location

Agresote Nigeria Limited was duly registered in Lagos on 18 March 2016 with RC
1556202 and its current Headquarters, management team and IT department are based in
Lagos, Nigeria.

Services

AGPM has created a platform to manage real estate and properties for property owners
by handling the whole purchasing, renting and leasing process of their properties to
suitable tenants that need conducive accommodation while managing and maintaining
these properties. Requests, property listing, facility support, payments, and will all take
place on our platform through our website.

The foundation of our business model is an automated online marketplace for landlords
and tenants. This approach will redefine the Nigerian residential market by combining
homegrown software with industry leading operations to give owners a simpler, more
profitable solution to manage their rental properties and help securing houses for millions
of Nigerians. Together, our two proprietary mobile applications form one unique service
system for our clients and users:

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• Property owners – Through our web portal, e-mail, and over the phone, Agresote Property
Management will provide complete property management services and quick forwarding of
rent monies. Unmatched by our competitors, we will offer a worry-free business relationship
that improves the benefits of real estate investment while reducing the hassles to almost
nothing.
Our experienced management team will assist the owners in maintaining their investments,
filling vacancies, and providing relevant market data on rents and property values when
beneficial. We will ensure that repairs and maintenance work be done in a professional and
timely manner. We will screen applicants for credit worthiness and then subsequently
periodically inspect rental units for compliance with rental agreements. AGPM will act as a
local spokesperson for our property owners.

• Tenants – Through our web portal and through telephone support, we will provide quick
remediation of property issues, easy methods of rent payments, and act as a spokesperson for
the owners. We will confirm the requirement for repairs in a timely manner, and keep the
tenants informed as the status of their requests.

The market

Being a marketplace AGPM will aim its services to appeal to four market participants:

 Property owners and landlords that want to earn money from their investments.

 Owners who require constant maintenance and management of their properties

 House seekers who are looking for decent and affordable houses to rent within the city.

 Investors who intend to invest into real estate and have their investments managed while
getting steady ROI.

Partner Ecosystem

In order to develop a profitable and self-sustainable business Agresote has created

alliances and partnerships with other reputable real estate firms and organizations in the
country. Some of these corporations, which AGPM has aligned itself with include:

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 as its credit checking system partner,

 and I as payment systems,

 as its na partner,

To ignite and streamline our expansion AGPM will further increase its partner network
with local housing unions, landlords’ associations, government organizations and
mortgage firms across other southwestern states.

Business model

As part of our business operations AGPM will take -% from transaction with owners. 10%
of this amount will be paid back to customers in the form of referral payments. AGPM
will finance growth through cash flow

Financial considerations

We are a bootstrapped startup and up to this point all the app developments, capital
expenses and operations have been financed by the founders of AGPM and their . We are
looking to raise up to $2,000,000 as our first round to reach our goals and targets.

Objectives

 Offering drivers and couriers a better working conditions and more benefits to earn.

Mission

Our mission is to completely change the concept of property rental, as we aim to help
tenants get properties of their choice and to help property owners effectively and
efficiently manage and maximize returns of their properties in Lagos state. Making
accommodation more accessible, simple, interesting and convenient for everyone.

Vision

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 We envision the development of a reliable property rental system in Lagos, a
contemporary preferred choice for landlords and tenants, where property rental and
payments are easily and securely made from user’s mobile wallet to owners mobile wallet
upon. We are focused and determined to reap the benefits of this innovation to the Lagos
housing and rental market

Our company values

Values have become an ethical foundation for all organizations and are therefore fundamental
to the AGPM success. Such values are not just important but crucial to the overall ascendancy
of AGPM. The following values have been identified and adopted by us:

 Professionalism
 Accountability
 Responsibility
 Innovation
 Customer service
 Trust

Keys to Success

AGPM Technologies has identified 6 keys to success, which are necessary to achieve
sustainable profitability and growth:

 Provide safe, quality housing that provides state of the art amenities at affordable prices.

 Develop straightforward, top-quality and user-friendly web/mobile applications that will

connect all the participants on one platform.

 Provide exceptional customer service to our customer base.

 To continue to expand the number of units owned and maintained, while also increasing
the level of profits for both Agresote and its partners.

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 Build an effective real estate partnership with industry leading firms that will supplement
our business model.

 Building a loyal and long-term user base by offering opportunities for property owners to
generate more income.

Organization Summary

Agresote Property Management is a licensed profit oriented Limited Liability Company,

and most of its revenue will be collected through paid commissions from; managing
properties, sales of landed and furnished properties, while a small percentage of revenue
comes through the benefits of its advisory and consultancy services. Agresote focuses on
being a better option to the dysfunctional housing system in Lagos and plans to expand
our operations to other cities like Abuja, Ibadan, Akure, and Port-Harcourt within the first
36 months of operations.

The Founder and CEO of Agresote Property Management, Femi Famuyide, funds the
company with seed money. Since then the company has been ran by a group of dedicated
employees who have not only taken part in their fiscal and moral contributions but are
also actively involved in the day to day operations and construction of the business. The
CEO and founder of Agresote possess the skills and experience to effectively run the day
to day operations of the company.

Agresote has already established alliances and partnerships with other reputable firms and
corporations nationwide. Some of these corporations that Agresote Property Management
has aligned itself with include:

Legal Entity

The company was established and incorporated in 2020 in Lagos, Nigeria by Femi
Famuyide, Founder and CEO of Agresote Property Management company. AGPM
headquarters and majority of its team is based in Lagos, Nigeria. Lagos has been chosen

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as the AGPM HQ location due to, proximity to market, low operational and hiring costs
and high IT staff proficiency levels.

Start-up requirements

The Management of the company had the sum of N00,000 to kick start the organization.
AGPM requires and additional investment of N,000,000 to effectively expand and scale
its services.

Below is a breakdown of the requirements to fully expand and scale the services of the
company.
Start-up Requirements
Start-up Expenses NGN
Consultants N0
Incorporation N95,000
Solution Development / Updates N100,000
Hardware/IT expenses N600,000
Insurance N100,000
Legal/accounting N0
Licenses/permits N105,000
Branding N0
N0
Office supplies N0
Payroll N0
Marketing campaigns N0
Rent N1,050,000
Travel/Training N0
Other administrative expenses N0
Total Start-Up Expenses N0

Start-up Assets

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 Cash balance on starting date N325,000
Starting inventory $0
Other current assets $0
Office furniture and equipment N90,000
Signage N15,000
Leasehold improvements N10,000
Plant and equipment N25,000
Land N0
Other assets N10,000
Total Start-Up Assets N475,000

Total Start-Up Costs N1,989,000

Services offered

AGPM offers the following services to property owners and its tenant:

 Assessing property’s rental value.

 Screening and verification of tenants.

 Legal documentation of property owners and tenants.

 Residential and commercial property sales and leasing.

 Routine inspections

 Maintenance and repairs on properties under our care.

 Project development, marketing and consultancy

 Convenient payment options for tenants and timely payment for owners. AGPM enables
its customers to pay for properties using any of our available payment options, monthly,
quarterly and annually.

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 SAMPLE

CONTACT: 08137804774

EMAIL: EMENIKEREX17@GMAIL.COM

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