Prepared by LEAP Tax & Management

Consultants (P) Ltd.

Visit us at www.leaptaxindia.com
 DETAILED PROJECT REPORT

ON SETTING UP A PAINTING SERVICE UNIT.

BY:

Mr. AJESH C A

Chalil Puthenpura House, Market P.O-686 673

INTRODUCTION

1
The project is for setting up a full-service painting company providing
professional, high-quality painting solutions at affordable prices. We will
provide exceptional painting services for residential and commercial
customers. With our team of skilled and experienced professional painters, our
mission is to make your next painting project stress-free and affordable. You
can count on beautiful, long-lasting results backed by our customer guarantee.

THE PROMOTER:

.
AJESH C A, aged 36 years, permanently resides at: Chalil Puthenpura House,
Market P.O-686 673. , is a pre degree holder.
This enthusiastic entrepreneur is well versed in various aspects of the venture
and can achieve imaginable aspect of the industry.

SCOPE OF THE PROJECT

The per capita consumption in India is 1.5kgs p.a., as compared to the global
average of 15kgs p.a. The industry is estimated at around Rs. 21000 Cr. The
Indian Paint Industry has been growing at a rate of near about 15% for the past
few years. Paint Industry is Mostly Organized sector and local players gives
comparatively more competition in Rural areas rather than Urban Areas •
Competition is fierce • Indian Paint Industry growth is higher than Global rate
– so Demand is ever increasing.

MARKETING OF THE PRODUCT

Presence of Sales team in the local market • Channel sales and Project sales
teams are different in some cases • Projects are being executed via channel
only which takes projects directly many times Marketing Support • Contractor
Meets at local level • Approaching construction sites well in Advance to
generate leads • Advertisement support for big brands • Yearly gifts to
associated members

PROJECT COST AND MEANS OF FINANCE

2
Total Cost of the project is around Rs.3.5 Lakhs .

Particulars Cost

Cost of Purchase Machinery & Tools 3,50,000.00

MEANS OF FINANCE

PROMOTER’S CONTRIBUTION Rs. 50,000.00

LOAN FROM BANK Rs. 3,00,000.00
TOTAL Rs. 3,50,000.00

PROJECTED INCOME PER MONTH

PAINTING SERVICE INCOME - 50000

PROJECTED EXPENSES PER MONTH

PARTICULARS AMOUNT
RENT 2500
LOAN REPAYMENT 4900
SALARY/ WAGES 20000
ELECTRICY CHARGES 500
MISCELLANEOUS EXPENSES 1000
TOTAL 28900

Conclusion

The foregoing projections bear ample testimony for the strength and viability
of the unit. The unit yields ample surplus over expenditures to service the
loans and withdrawals of the promoter. Hence, the decision of the promoters
to set up a fully equipped house painting service unit is well advised.