Profitable Car Dealers Company Investment Opportunity in Nairobi, Kenya

Online platform involved in sales, marketing and advertising of cars in Kenya.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 700 thousand
Run Rate Sales USD 1.3 million
EBITDA Margin 20 %
Industries Car Dealers + 1 more
Locations  Nairobi
Local Time 11:01 PM Kenya
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 180 thousand for 20.0% stake (Native Currency: KES 20,000,000)
Reason: - Investing in digital marketing, campaigns and promotions to acquire more car dealers from internat... View More
Includes physical assets worth USD 9 thousand
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Business Overview

- This is an online platform for buying, selling, marketing and advertising of cars and car brands.

- This platform is operational since 2014 and has good presence in Kenya. We also take care of imports of cars from other countries.

- Business is growing at rate of 30% per year. Have business relations with 100 overseas and 500 local car dealers.

- Website has 2,000 subscribers as of now. It has good scope for increasing revenue prospects through increasing our presence on international regions.

- More than 100 cars are sold monthly through the platform.

- The company imports an average of 15 cars a month from overseas countries for our customers.

Products & Services Overview

- Import of pre-owned cars from foreign markets.

- Marketing, advertisement and sales of cars in Kenyan market.

- Sale of car leads to local dealerships.

Assets Overview

Company website, personal computers and company car.

Facilities Overview

Rented office space of 600 Sq. Ft.

Recent Activity
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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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