Feasibility study for the creation of a chocolate processing plant

Abstract

This article presents a feasibility study for establishing a chocolate processing plant. The study employed a comprehensive approach, encompassing with a market analysis, technical assessment, and financial evaluation to examine the acceptance of chocolate, its characteristics, operational requirements, and the potential market impact. The selected target market (individuals aged 15-64) displayed a favorable reception towards the chocolate products. The technical study indicated a projected production capacity of 300,000 chocolate bars annually, commencing from the 8th year and continuing until the 10th year of the project. The financial analysis revealed a promising internal rate of return of 46% and an expected opportunity rate of 35%, resulting in a net present value of $148,039.11. Based on the comprehensive analyses conducted, the project demonstrated feasibility, with a proposed leverage of 98% and a required investment of 2%, resulting in a total investment amounting to $304,814.58.