Kouros Brothers Ltd. is an importer and reseller of agriculture machinery and implements. We sell A-Z series heavy machinery and systems that are suitable for potato, vegetable, cereal, and sand cleaning. Over the last six-years, we have patented and piloted four unique machinery and systems that are used in vegetable and cereal production. It is also the exclusive dealer and agent for 10 major European agriculture producers. It has managed to build communication links and export its series in Syria and Middle East over the past 3 years.
Kouros Brothers Ltd.’s management team is highly experienced and has an extensive background in the industry. They also have extensive research experience and unique administrative abilities. Mr. Kouros as well as Mr. Panikos, Stella are part of the team. Both Owners have compiled an extensive list of customers/potential customers, vendors, and contacts for equipment consignment.
New Opportunity
Last week it was announced by the Ministry of Agriculture, Natural Resources and Environment that EU has available 256 million Euro for funding from 65%-80% of all units or producers intending to modernize and use technological advances in order to improve customers’ (Agriculture Producers’) product quality and to be able to export goods into European markets at competitive prices.
Although we enjoy a good reputation, our sales are slow since local farmers cannot afford to buy new equipment every other year. The large amount of funds available to farmers will enable them to purchase more modern equipment, thanks to Cyprus’s admission into the EU. Local farmers will only purchase equipment that is proven to be efficient. Our experience has shown that the best way for them to be convinced is to bring equipment to their fields.
Kouros Brothers Ltd. has strong earnings and assets. However we do not have sufficient cash on hand for the extensive range of demonstration equipment needed to meet the Government funding opportunities to our customers. To promote its sales, the company plans to hire local people and provide extensive training on its products and services. Customers who are loyal help the company expand its business areas through word-of-mouth.
Already, we have identified potential communities and customers that would be willing to test the product. These equipments will also serve as pilot equipments for the October International fair of Agriculture and Livestock in Nicosia. And also, the company plans to participate in the Thesalloniki state Agricultural fair that will take place on the 28th January next. The company is solely responsible for promoting its products to all marketing opportunities as it serves as a sales representative for certain Wheat planting systems in Greece, Cyprus, and Syria.
The company seeks funding in the amount of PS50,000 to expand its business. The expansion plans include purchasing additional equipment to allow the company to showcase its products and services and hiring additional staff. This loan will be paid back in 6 years, with principal payments of PS5,833/year, at 8.5% interest. This loan is in addition to the existing 10,000 loan that will be repaid within the same timeframe at approximately PS1,666/year.
We expect our revenues to rise to PS274,200 in Year 1, and to PS400,000 in Year 5 with this new equipment and well-funded clients.
1.1 Objectives
Director of Kouros Brothers Ltd. believes that there is a market opportunity in agriculture machinery. This is because existing suppliers of agricultural machinery and implements are not sufficiently diversified to cater to the increasing specialized needs of the potato sector.
As customers become more aware of the company’s existence, the company’s coverage is steadily increasing. The European community presents a great opportunity for business expansion. There are currently 256 million euro available for agricultural funding and support by the EU agriculture committee. This money is left to the Cyprus Government to finance the local farmers and producers of agriculture for improving their production effectiveness and efficiency.
1.
2 Mission
Kouros Brothers Ltd.’s mission is to be THE only full-service equipment manufacturer, authorized importer, sale, and service company for agriculture machinery and implements in Cyprus. It also plans to expand its business into the Middle East to meet all requirements of Livestock farmers as well as Agriculture producers.
Therefore, the company’s strategy is to create a limited geographical niche for itself, where there will be no potential competitors. Kouros Brothers Ltd. wants to offer high quality agricultural equipments and machinery for the mechanization and harvesting of wheat, potatoes, and vegetables at a low price that is affordable compared to other local machinery manufacturers.
1.3 Keys of Success
Kouros Brothers Ltd.’s keys to success will include:
- The product line has high quality.
- A-Z equipment automation series for vegetable, cereals, potatoes, and livestock.
- Maintaining and growing its referral networks to generate new and repeat sales.
- Considerable investments have been made in research and development of machinery to ensure that the equipment is precisely controlled (Coriander seed, Carrot machines, etc.). ).
- To improve efficiency of operations and reduce operating costs for crop producers
- Get in touch with our Consulting offices to provide scientific support and assistance for your customers.
- The Machinery and Systems of Kouros Brothers Ltd. aims to aid Cypriot farmers to export their products on the European market, and to comply with all European directives to ensure product quality.