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Industrial Machinery Wholesale Company for Sale in Mombasa, Kenya

Industrial & safety equipment distributor with over 5000 customers.
This transaction has concluded.
This Business is on a Premium Plan
Established 50-60 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 870 thousand
Run Rate Sales USD 740 thousand
EBITDA Margin 2 %
Industries Industrial Machinery Wholesale
Locations  Mombasa
Local Time 10:35 AM Africa / Nairobi
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 620 thousand (Native Currency: KES 80,000,000)
Reason: Retirement & some shareholders relocating overseas.
Includes physical assets worth USD 780 thousand
Interested to connect with advisors
Documents
Business Overview
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 centre. We carry out HVAC projects for corporates as well.
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 5,000+ 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 can sell the business alone without the building warehouse, showroom, & office at lesser price of KES 30,000,000 or all together with the building i. e. warehouse.
Products & Services Overview
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 i. e. HVAC.
Assets Overview
Physical assets include commercial property warehouse, offices, & showroom located in Mombasa city comprising warehouse, showroom, & offices of approx. 20,000 sq feet, stock of goods and equipment including vehicles, furniture & fittings. Intangible assets include an e-commerce website, brand logo & name.
Facilities Overview
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.
Capitalization Overview
Credit facilities including operating capital overdraft & loan from bank of approx. KES 35 million. Three shareholders holding equal shareholding of business & property.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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