Luxury Appliances Company Seeking Loan in Ulaanbaatar, Mongolia
|Employees||2 - 5|
|Legal Entity||Limited Liability Company (LLC)|
|Reported Sales||USD 150 thousand|
|Run Rate Sales||USD 35 thousand|
|EBITDA Margin||20 %|
|Industries||Luxury Appliances + 1 more|
|Local Time||8:49 PM Asia / Ulaanbaatar|
|Listed By||Business Owner / Director|
- Engaged in the distribution of luxury commercial kitchen equipment including ice cream makers, soft serve machines, coffee machines, ovens, and dishwashers.
- We are the authorized distributors for several well-known brands including Scotsman, Rancilio, Egro, Carpigiani, Merrychef, Lincoln and Krupps.
- Sell our products across Mongolia and have 15 regular F&B clients.
- We also have several maintenance contracts with our clients and offer extensive after-sales support and service.
- Due to a significant slowdown in the Mongolian economy, our sales have dropped significantly.
- However, the business is still financially healthy and is able to maintain healthy net margins of around 20%
- Over the years, the promoter has built a strong understanding of the F&B space in Mongolia and seeks to leverage this to set up a soft-serve ice-cream chain in Ulaanbaatar, Mongolia.
- The chain will be a network of kiosks in shopping malls, entertainment centers, and commercial districts.
Authorized dealers of several well-known luxury commercial kitchen equipment brands. Our portfolio includes ice cream makers, soft serve machines, coffee machines, ovens, dishwashers, and bar equipment. We also are authorized dealers of a well-known coffee syrup mix brand.
Leased 130 sq. m. facility which serves as the display space, corporate office and warehouse. The monthly lease rent is USD 400.
Earlier than 15 daysSupply Assistance, Navy, Nattandiya, Individual Investor / Buyer connected with the Business