Construction Supplies Wholesale Company Investment Opportunity in Livingstone, Zambia

- Company owns and operates the franchise store of an established Zambian-owned hardware retail group (25 years in Zambia).

- The company owns the franchise license and operates the store from a rented facility.

- Store is located in Livingstone, a tourist town with more than 80 hotels and lodges, and also home to the Victoria Waterfalls which is one of the 7 wonders of the world.

- We have prospective clients from Zimbabwe and Botswana, as Livingstone is located close to the converging point of 4 countries.

- The store has 3 types of customers - hotels and lodges, building contractors, and retail walk-in customers.

- Pre-Covid, 30% of our clientele was hotels and lodges, which has been reduced to 10% due to the pandemic.

- Contractors and retail customers account for close to 90% of our clientele.

- We source sanitaryware through our franchisor, other products are sourced from local agents and wholesalers.

- Our franchisor provides a credit facility and there is a 50-50 split between credit and advance payment for local agents and wholesalers.

- The store has been in the same location for 20 years and is very well known in the community.

- Our company took over this franchise 2 years back and had good growth due to revamping and changing the overall offerings in the store.

- This includes expanding the range of items we offer and opening a coffee shop on the premises. - Both of these additions have been successful in making us a one-stop destination for home renovations, and the coffee shop has added another dynamic to attract customers to the store.

- The store saw a dip in monthly sales from a pre-Covid level of ZMW 800k to ZMW 400k.

- 20% stake is being offered in the parent company that operates this franchise store.

- The owner of this company was the GM in this hardware retail group and they took over this store 2 years back.

Home improvement items such as tiles, sanitary ware, beds, appliances, roofing, furniture, paints, electrical, power tools, ceiling products, cleaning materials, camping equipment, plumbing, tile cement, and all the extras needed in applying these products.

The coffee shop is a venture we did inside the store and has become a well-known meeting place for people. It has a seating capacity of 50 people.

Currently business has stocks, office furniture, computers, shelving, display boards and stands, coffee shop furniture and kitchen appliances as assets,

The store is 850 sq. m. on the ground floor, it has another upper level which is split between the coffee shop and another storeroom.

It is being rented from owners for a period of 20 years, with the franchise taking over the same rental agreement.

The store is situated in the main commercial area of Livingstone, 1 block from the main road with ample parking.

The monthly rental is ZMW 45,000 per month.