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Newly Established Sports Goods Store Investment Opportunity in Nairobi, Kenya

Retail and distribution of fitness equipment in Mauritius, seeking investment for expansion into Kenya.
This transaction has concluded.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Sports Goods Stores
Locations  Nairobi
Local Time 9:26 AM Indian / Mauritius
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 55 thousand for 50.0% stake (Native Currency: MUR 2,500,000)
Reason: Looking for a partner to start the business operations in Kenya. The investor will get stake only i... View More
Documents
Business Overview
- Business primarily involved in the retail and distribution of fitness equipment, targeting both business-to-business (B2B) and business-to-consumer (B2C) segments.
- Providing cardio and strength equipment, as well as fitness accessories.
- The business is originally based in Mauritius but has secured exclusive distribution rights in Kenya for internationally recognized brands in the fitness industry.
- Primarily imports products from China, leveraging the benefits of cost-effective manufacturing and supply chain resources in the region.
- The market for the B2B business includes gyms and fitness centers, and B2C is through its physical store and online website.
- Currently generating an annual turnover of MUR >20 million.
- The owner is currently based in Mauritius and planning to start the business operations in Nairobi, Kenya.
Products & Services Overview
Retail and distribution of cardio and strength equipment, as well as fitness accessories.
Products include:
- Treadmill.
- Bike.
- Rower.
- Mat.
- Dumbbells.
- Pull-up bar.
- Dumbbell rack.
- Landmine.
- Resistance bands.
- Chin up bar.
- Boxing gloves.
- Weight plates.
- Toning tube.
- Flat bench etc.
Business is both B2B and B2C.
B2B - Gyms, fitness centres.
B2C - retail store, website.
Assets Overview
Vehicles, distribution rights, stock, cash at bank worth MUR 1 million in Mauritius.
No assets as of now in Kenya.
Facilities Overview
Operating from a rented office space and retail store in Mauritius.
No facility in Kenya yet.
Capitalization Overview
Business is self-funded.
Single owner, who holds 100% shares in the business.
No loans.
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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