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Automotive Accessories Business Seeking Loan in Gaborone, Botswana

High-margin business that does land rover defender restorations seeks funds to expand its operations.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 130 thousand
Run Rate Sales USD 180 thousand
EBITDA Margin 40 %
Industries Automotive Accessories + 1 more
Locations  Gaborone
Local Time 6:48 PM Africa / Gaborone
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 150 thousand for 7.5% annual interest, 6 years (Native Currency: BWP 2,000,000)
Reason: We seek a loan to resolve our cash flow issues and expand our operation to acquire stock of used lan... View More
Collateral Available: USD 44 thousand
Includes physical assets worth USD 44 thousand
Interested to connect with advisors
Documents
Business Overview

- We are the only registered well-known land rover defender company in Botswana, we have been restoring land rovers for 6 years now.

- We get 3 to 4 monthly clients who purchase the restored land rovers from us. Apart from this, we get daily clients for land rover spare parts.

- We restore the exterior, interior and perform basic repairs and tuning on the engine of the vehicle.

- We will utilize these funds to acquire more inventory and expand to a 300 sq. m. warehouse.

- We operate with high margins but face major cashflow issues due to which we are not able to acquire more cars for restoration. If we were to get an investor we will be very successful in our business.

Products & Services Overview

Accessories, tyres, restored land rover defenders, upholstery.

Assets Overview

Vehicles - Discovery 3, double cab, single cab, and two station wagons.

Facilities Overview

We have leased a 200 sq. m plot for BWP 15,000 per month.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Manager, Melville, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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