Industrial Machinery Wholesale Company for Sale in Mombasa, Kenya
|Employees||10 - 50|
|Legal Entity||Limited Liability Company (LLC)|
|Reported Sales||USD 800 thousand|
|Run Rate Sales||USD 650 thousand|
|EBITDA Margin||2 %|
|Industries||Industrial Machinery Wholesale|
|Local Time||6:23 PM Africa / Nairobi|
|Listed By||Business Owner / Director|
50 years of experience in imports & distribution.
Our business is recognized by Kenya's top 100 SMEs and we are a Bosch premium distributor as well as operating as a Bosch service center.
We have a large network of customers all over Kenya & EAC region including corporates, NGOs, UN as well as retail.
The business also has a fully-fledged e-commerce site.
We are a member of the British Kenya Chamber of Commerce.
90% of our sales are domestic and 10% are from exports to South Africa.
The business has 1,000+ customers.
Our business has seasonal sales. The current monthly average run rate sales mentioned is a conservative figure.
Fully fledged e-commerce site where online sales take place.
We require regional business permits to operate, which we renew annually.
We stock over 10,000 industrial & safety products including Bosch power tools & accessories, hand tools, safety equipment (PPE), industrial lubricants, solar & electrical water heaters, and heat pumps.
Physical assets include commercial property located in Mombasa city comprising warehouse, showroom, & offices of approx. 16,000 sq feet, stock of goods and equipment including vehicles. Intangible assets include an e-commerce website, brand logo & name.
Warehouse, showroom, & offices of approx. 16,000 sq feet on two floors including a drive-in loading bay. The building is owned and located in Mombasa town. We also have a rental outlet in Nairobi.
Credit facilities including operating capital overdraft & loan from bank of approx. KES 35 million. Three shareholders holding equal shareholding of business & property.