Starting a Business in Vegetable Peddling

Vegetable Peddling – sale of vegetables in villages or residential communities for convenience of consumers without having to either leave their houses or travel far to markets or retail stores.

Estimated Investment Costs (in Php based on 2009 prices)

A. Basic Equipment

  • Pushcart or kariton 1 unit –  2,000.00
  • Weighing scale 1 unit – 900.00
  • Sub-Total – P2,900.00

B. Basic/Supplies Materials

  • Ampalaya @P30/kilo, 6 kilos –  P 180.00
  • Eggplant @ P 15.00/kilo,    6 kilos  –  90.00
  • Carrots @ P 22.50/kilo,    6kilos  –  135.00
  • Potatoes @ P 26.25/kilo,    6 kilos –   157.50
  • Tomatoes @ P 26.25/kilo,    6 kilos –   157.00
  • Raddish (Labanos) @ P 18.75/kilo, 2 kilos  –  37.50
  • Patola @P22.50/kilo,    4 kilos  –  90.00
  • Sayote @ P 15.00/kilo,    3 kilos  –  45.00
  • Cauliflower @ P 78.75/kilo,  2 kilos  –  157.50
  • Onions @ P 26.25/kilo,    6 kilos  –  157.50
  • Garlic @ P 18.75/kilo,    3 kilos  –  56.25
  • Squash @P 22,50/kilo,    3 kilos  –  67.50
  • Cabbage @ P 26.25/kilo,    5 kilos –   131.25
  • Baguio Beans @ P 30 .00/kilo,    2 kilos  –  60.00
  • Bell Pepper @ P 37.50/kilo,    2 kilos  –  75.00
  • Chicharo @ P 75.00/kilo,    1 kilo –   75.00
  • Ginger @P22.50/kilo,    1 kilo –   22.50
  • Okra @ P 4/bundle,    12 bundles  –  48.00
  • Kangkong @ P 4/bundle,    12 bundles  –  48.00
  • Sitaw @ P7.50/bundle,    12 bundles  –  90.00
  • Pechay @ p 4.00/bundle,    12 bundles  –  40.00
  • Ampalaya Leaves @ P 4/ bundle,   12 bundles  –  40.00
  • Malunggay @ P 4/bundle,    12 bundles  –  40.00
  • Onion Leeks @ p 4/bundle,    5 bundles   – 20.00
  • Saluyot @ P 4/bundle,    5 bundles  –  20.00
  • Camote Tops @ P 4/bundle,    5 bundles  –  20.00
  • Celery @ P 37.50/bundle,    2 bundles  –  75.00
  • Plastic Bags (100 pcs)  –      20.00
  • Sando Bags (100 pcs) – 35.00
  • Sub-Total –  P 1,991.25

Estimated Total Investment Cost – P4,891.25

Cost of Goods Sold

  • Merchandise Inventory, Beginning (10%) – P199.13
  • Add: 90% Daily Purchase  – 1,792.12
  • Total Goods Available for Sale  – 1,991.25
  • Less: Merchandise inventory, Ending  – 199.13
  • Cost of Goods Sold – P 1,792.12
  • Add: 35% Mark-up  – 627.24
  • Sales  – P2,419.36

Estimated Daily Income

  • Sales – P 2,419.36
  • Less: Cost of Goods Sold – 1,792.12
  • Gross Sales – 627.24
  • Less Operating Expenses (labor, others) – 150.00
  • Estimated Daily Income – P512.24

Assumptions:

  • 90% of the items are being replenished everyday.
  • 90% of cost of goods purchased is considered sold daily.
  • 10% of the vegetables remain in the inventory per day.
  • Mark-up per item is 35%.

Registration Requirements

  • Business name registration (www.bnrs.dti.gov.ph)
  • Mayor’s/Business Permit (check your local municipality/city)
  • BIR TIN (www.bir.gov.ph)

Financing Facility

  • People’s Credit and Finance Corp. (www.pcfc.gov.ph)
  • National Livelihood Development Corp. ([02] 914-7290 to 97)

source: dti.gov.ph

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