Luxury Appliances Company Seeking Loan in Ulaanbaatar, Mongolia
|Employees||2 - 5|
|Legal Entity||Limited Liability Company (LLC)|
|Reported Sales||USD 180 thousand|
|Run Rate Sales||USD 42 thousand|
|EBITDA Margin||20 %|
|Industries||Luxury Appliances + 1 more|
|Local Time||7:15 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.