Mining Machinery Company Seeking Loan in Regensburg, Germany
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1.9 million |
Run Rate Sales | USD 2 million |
EBITDA Margin | 20 % |
Industries | Mining Machinery |
Locations | Regensburg |
Local Time | 10:17 PM Europe / Berlin |
Listed By | Management Member |
Status | Active |
- As an internationally operating procurement management and service company for business relations and subcontracts between Germany/Europe and the countries of West Africa, we can look back on years of experience in the procurement of subcontractors and general contractors for large and small infrastructure and industrial projects in African countries.
- Our specialisation lies in the fields of mining, energy, public works, and agriculture.
- Majority of the revenue in the business is brought from supplying machinery to companies which are involved in the mining of all kinds of commodities.
- Our mining business has 7-8 clients and brings in about 60% of the revenue.
- The business is also involved in the distribution of solar products like solar panels.
- We have a showroom where we have customers walk in and buy these products.
- This line of business brings in about 20% of revenue.
- We also sell power generators that are sold through showrooms and bring in about 20% of revenue.
- The business has 6 full-time employees and 20+ part-time employees.
- The strength of our business is our suppliers and we have 30+ suppliers.
- Our focus is on the one hand the procurement, delivery, assembly and commissioning of equipment and machines and on the other hand we have to focus on the cooperation of partners from Germany and Europe.
Solar products, mining machinery and equipment and power generators are the products sold by the business.
Physical assets include our own showroom in Mauritania occupying a space of 300 sqm and there is also inventory in the business.
We are on-site with our customers everywhere. Based in Regensburg, Germany, the business has local offices in Benim, Guinea, Mali, Mauritania and Congo with their own staff for sales, contact, service and project supervision.
We have our own office in Mauritania that covers a carpet area of 300 sqm.
Our head office is in Regensburg, Germany which has been taken on rent of EUR 1k per month.
All of our other showrooms are rented.
Equity, bank credit and customer pre-financing for specific projects.
Many of our customers only pay by letter of credit, or on receipt of goods, which can take up to 60 days.
The business has 2 shareholders.
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Earlier than 15 daysFounder, Investments, London, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysChief Technical Officer, London, Commercial Real Estate Broker connected with the Business
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Earlier than 15 daysManaging Partner, Consulting, Toronto, Individual Investor / Buyer connected with the Business