Kouros Brothers Ltd. specializes in agricultural machinery and implements importation and authorized reseller. They sell A-Z models of heavy machinery and systems, including those for potatoes, vegetables, cereals, Stubble and other turnkey projects. 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 been able create communication links with the Middle East and Syria and export its equipment over the last three 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. The team includes Mr. Kouros, Mr. Panikos and Mrs. Stella. They are based in Larnaca. Both Owners have compiled an extensive list of customers/potential customers, vendors, and contacts for equipment consignment.
Last week, the Ministry of Agriculture, Natural Resources and Environment announced that EU has made available 256million Euro to finance 65%-80% of units and producers who want to modernize and make use of technological advances to improve customer (Agriculture Producers’) product quality and be able export goods to European markets at fair prices.
Our company has a great reputation in the local market, but our sales are slow due to the fact that local farmers can’t afford new equipment every year. With Cyprus’s accession into the EU, this substantial amount of funding will allow farmers access to newer and more efficient equipment. 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.’s earnings and assets are good, but we don’t have enough cash to buy the demonstration equipment we need in order to realize the sales potential provided by the Government funds. To promote its sales, the company plans to hire local people and provide extensive training on its products and services. Through word-ofâ€“mouth, loyal customers help to expand company’s business.
We have identified potential customers and communities willing and able for the new product series to be tested. More importantly, the equipments from the pilot program will be used in the October International fair for agriculture and livestock, which will be held at Nicosia, Cyprus. And also, the company plans to participate in the Thesalloniki state Agricultural fair that will take place on the 28th January next. The company will be the sole agent and sales representative in Cyprus, Greece, and Syria for a series of Wheat plant systems. It must promote its products to every marketing opportunity.
For the expansion of the company, the company needs funding in the amount PS50,000. To expand the business, additional equipment will be purchased to enable the company’s products and services to be promoted and displayed. The expansion plan also includes the hiring of additional personnel. The loan will be repaid over 6 years at 8.5% Interest and principal payments of just PS5,833/year. This loan is in addition to the existing 10,000 loan that will be repaid within the same timeframe at approximately PS1,666/year.
Our projected revenues for year 1 will reach PS274,200 with the new demonstration equipment and well-funded customers. By Year 5, we expect to reach PS400,000.
Director of Kouros Brothers Ltd., The Kouros Brothers Ltd. believes there is an opportunity in the current market for agricultural machinery.
The company’s coverage area is constantly increasing, as customers are becoming aware of the company’s presence. 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.
Kouros Brothers Ltd. is committed to becoming THE ONLY full-service equipment manufacturer in Cyprus, as well as an authorized importer and sales company in Cyprus. The company also plans to expand to the Middle East with the ability to supply all agricultural producers and livestock farmers.
Accordingly, the company’s strategy is create a niche in a specific geographic area where there are no other potential competitors. Kouros Brothers Ltd. strives to provide high-quality equipment and machinery to crop mechanization of potatoes, vegetables, and wheat crops at an affordable price in comparison with other commercial machinery makers in the area.
1.3 Keys To Success
Kouros Brothers Ltd.’s keys to success will include:
- The product line has high quality.
- A-Z series of equipment mechanization for vegetables, potatoes, and livestock.
- To increase repeat and new sales, maintain and expand its referral network.
- Important investments were made in the research and development machinery, with the goal of focusing on precisely controlled equipment (Coriander seeds, carrot machines, etc.). ).
- To improve efficiency of operations and reduce operating costs for crop producers
- Connect with the Consulting offices for Agriculture and Scientific Support to its 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.