Newly Established Wires and Cables Company Seeking Loan in Gaborone, Botswana
Non - operational wire and cable manufacturing company specializing with 15+ years of promoter's experience.
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Wires and Cables |
| Locations | Gaborone |
| Local Time | 12:10 PM Africa / Lusaka |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
126 thousand
for
12.0%
annual interest,
5
years
(Native Currency: ZMW 3,000,000)
Reason: Seeking funds for establishing the business by developing the factory facility and starting operatio...
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Collateral Available: USD 184 thousand
Includes physical assets worth
USD
250 thousand
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Business Overview
- Plan is to specialize in the manufacturing of housing wire electrical cables, with a focus on single flexible cables (1.5mm sq, 2.5mm sq, and 4.0mm sq) and general-purpose wire (1.5mm sq, 2.5mm sq, 4.0mm sq, 6.0mm sq, and 10.0mm sq)
- The company's client base will include hardware shops, hardware distributors/stockists, contractors, and property developers that the promoter has established connections with.
- The primary focus is within the core sub-Saharan market.
- The business owner, a process engineer with 15 years of experience in the field, is well-versed in the manufacturing process and the industry, providing valuable expertise and insight into the production and distribution of the products.
- The growth prospects of the business are closely tied to the construction boom of the economy.
- With an established location and an environment assessment already conducted, the business is poised for a rapid 6-8 months establishment timeline once funding is secured.
- The owner is based in Zambia, however, the business will be established in Botswana.
- With the given funds, we will be able to develop a manufacturing facility with a maximum capacity of 15 tonnes per month.
- The company's client base will include hardware shops, hardware distributors/stockists, contractors, and property developers that the promoter has established connections with.
- The primary focus is within the core sub-Saharan market.
- The business owner, a process engineer with 15 years of experience in the field, is well-versed in the manufacturing process and the industry, providing valuable expertise and insight into the production and distribution of the products.
- The growth prospects of the business are closely tied to the construction boom of the economy.
- With an established location and an environment assessment already conducted, the business is poised for a rapid 6-8 months establishment timeline once funding is secured.
- The owner is based in Zambia, however, the business will be established in Botswana.
- With the given funds, we will be able to develop a manufacturing facility with a maximum capacity of 15 tonnes per month.
Products & Services Overview
The focus will be on the manufacturing of:- Single flexible cables 1.5mm sq, 2.5mm sq, and 4.0mm sq,
- General-purpose wire; 1,5mm sq, 2.5mm sq, 4.0mm sq, 6.0mm sq, and 10.0mm sq.
- Mainly used by contractors and construction companies.
Assets Overview
The physical assets include two vehicles, namely a Mazda 6 and a Ford Ranger single cab.
Facilities Overview
The location scouted to establish the factory is in Bulawayo Industrial area with an area of about 50,000 sq m and a rent of ZMW 2,400 per month.
Capitalization Overview
Currently, the business has no debts or loans. There is one shareholder who is willing to offload 50% of shares to any new shareholder coming on board in the future.
Recent Activity
-
Earlier than 15 daysOwner, Flower Trading, Milton Keynes, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Electrical & Business Consulting, Florida, Corporate Investor / Buyer connected with the Business
Tags:
Newly Established Wires and Cables Company Seeking Loan in Gaborone, Botswana
·Lend to Newly Established Wires and Cables Company in Gaborone, Botswana
·Newly Established Wires Company Seeking Loan in Gaborone, Botswana
·Lend to Newly Established Wires Company in Gaborone, Botswana
·Newly Established Wires and Cables Company Seeking Loan
·Lend to Newly Established Wires and Cables Company
·Newly Established Wires Company Seeking Loan
·Lend to Newly Established Wires Company
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