JACOB IRERI
USA
Role(s):
Founder/Owner/Principal
MotorCycle Company LTD
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Startup
Location:
Industry:
Automotive
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Incorporated Outside United States
Description:
J & J Africa Product Store proposes to imports product from African countries Uganda,Tanzania and Kenya at a cost of $10 per unit. Locally and globally, we package and sell them in our retail store(both offline and online) at a cost of $25 per unit giving us a profit of $15 per unit. The store moves 1,000 of these every month. Additionally, we wholesale them to other retail stores, and small businesses around the country for $19 per unit-when it's unpacked which give us a profit of $9. We have contracts and partners in place and wholesale 16,000 of these on a monthly basis.