Gifting Company Investment Opportunity in Nairobi, Kenya
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 1.3 million |
Run Rate Sales | USD 1.4 million |
EBITDA Margin | Operating at loss |
Industries | Gifting + 1 more |
Locations | Nairobi |
Local Time | 5:58 PM Africa / Nairobi |
Listed By | Business Owner / Director |
Status | Active |
- It holds the exclusive franchise for popular Swedish gifting brands, including gift cards, gift bags, candles, and balloons, commanding a 90% market share in this segment.
- The company also distributes popular Spanish confectioneries, including gummy candies and pick-and-mix candies, enhancing its diverse product portfolio.
- The products are stocked in major supermarket chains like Carrefour, Naivas, Quickmart, and Chandarana, as well as Tier 2 retailers such as Cleanshelf and Eastmatt.
- The primary revenue model involves Business-to-Business (B2B) sales, where the company supplies products to supermarkets, earning through margins from these partnerships.
- With over 266 retail outlets across Kenya, and sales targets set by the franchise, the company is positioned for expansion and continued growth.
- The business has been recognized for its excellence, having won the Franchisee of the Year award twice, highlighting its commitment to quality and service in the retail sector.
- The promoter has over a decade of experience in the industry, leveraging extensive knowledge in importing goods directly from Sweden, ensuring a steady supply chain and market leadership.
- Six delivery vehicles- KES 8.6 million.
- Four sales vehicles - KES 7.5 million.
- Office furniture - KES 1.8 million.
- Electronic gadgets- KES 2.6 million.
- Fixtures- KES 2.6 million.
- Display units- KES 4.6 million.
Intangible assets.
- Brand value.
- Franchise status with a Swedish company.
- Goodwill.
It is currently funded through bank loans totaling KES 64 million, secured by KES 39 million in collateral.
Additionally, the company owes € 1 million to a Swedish firm, repayable over 3 to 5 years from sales revenue.
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1 week, 3 days agoFounder & CEO, Mumbai, Financial Consultant connected with the Business