1.

Back ground of the Company

 The intended business is initiated and owned by Buke Gelana Wet Coffee Processing PLC
 Before the decision was made, the proponent of this business Buke Gelana Wet Coffee
Processing PLC has conducted market assessment for long time and there were a number
of reasons that led him to establish this wet Coffee Processing industry in this area.
 Firstly, Ethiopia’s climate is suitable for most producers of Arabica coffee in the world and
has a well-established linkage to the major global markets.
 The growing trends of the establishment of manufacturing industries in the country as a
whole and coffee processing factory in particular, and their demand for raw material inputs
for manufacturing of coffee has made the business very importantly.
 The enabling policy environment prevailing in Ethiopia, which is important factor to initiate
this business. Besides the suitable climate of Ethiopia coffee cultivation:
 This business has a distinct comparative advantage from the very beginning by adopting a
modern processing machine, and market opportunities to the coffee growers.
 There is a quality and huge supply market for wet coffee processing around the proposed
business area. The Benefit cost, which is included in the financial feasibility section of this
plan. This has helped the promoter to choose wet coffee production industry, which have a
vast market worldwide. The establishment of ECX and its trade facilitation was also another
factor we looked at. Different articles on the production of wet coffee were used as a
reference while writing this Business plan.

1.1. Historical Performance of the Company

Before establishment of the company as supplier of fine Ethiopian Arabica coffee in the year
2006 E.C, the shareholders had worked as a collector of washed and unwashed coffee to the
owner of wet and dry coffee processing company in the region for good number of years after
which they have accumulated reasonable experience to start they own business in the year stated
above. Buke Gelana Wet Coffee Processing PLC is now in its 9 years as supplier of exemplary
and high quality Arabica coffee. The business organization has been managed by experienced
person who has wide experience in the areas of coffee production and processing. In the last 9
years of coffee production the company was able to penetrate into wet and dry coffee processing
market and supplying a high quality of clean Ethiopian Arabica beans to the central market.
 In the last fiscal year (2015 E.C) The company purchase a total of 500,000 kg of cherry (raw
coffee) and produce more than 90,000 kg of clean Parchment coffee for central market
 In the last year performance the company was obtained a reasonable profit
 And also it has a good loan repayment performance for the last 5 years