Profitable Hardware Store for Sale in Kisii, Kenya
Profitable Kisii-based hardware store and FMCG retailer receiving 600+ daily walk-ins seeks full sale.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 63 million |
| Run Rate Sales | USD 65 million |
| EBITDA Margin | 5 % |
| Industries | Food Wholesale + 1 more |
| Locations | Kisii |
| Local Time | 6:45 PM Africa / Nairobi |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
7.7 million
(Native Currency: KES 1,000,000,000)
Reason: The owner is retiring and wishes to exit by selling 60% or the entire business. Asking price for the...
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Includes physical assets worth
USD
7.7 million
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Business Overview
- Well-established hardware and FMCG retailer located in Kisii, serving our community with a wide range of products.
- We sell and distribute hardware items and fast-moving consumer goods to retail customers, contractors, and local businesses.
- Our physical store sees an average of over 600 walk-ins every day, showcasing our popularity in the area.
- Our average order value ranges between KES 150,000 and KES 400,000, reflecting strong customer spending.
- We have a dedicated team of 250 employees, including 150 part-time staff, ensuring smooth operations and high sales.
- While we currently focus on in-store sales, we also have an online presence that can be expanded for future growth.
- The owner is looking to exit the business due to retirement, creating a great opportunity for new investors or buyers.
- Registered as a private limited entity, ensuring compliance with retail and wholesale activities.
- We sell and distribute hardware items and fast-moving consumer goods to retail customers, contractors, and local businesses.
- Our physical store sees an average of over 600 walk-ins every day, showcasing our popularity in the area.
- Our average order value ranges between KES 150,000 and KES 400,000, reflecting strong customer spending.
- We have a dedicated team of 250 employees, including 150 part-time staff, ensuring smooth operations and high sales.
- While we currently focus on in-store sales, we also have an online presence that can be expanded for future growth.
- The owner is looking to exit the business due to retirement, creating a great opportunity for new investors or buyers.
- Registered as a private limited entity, ensuring compliance with retail and wholesale activities.
Products & Services Overview
Sale and distribution of hardware products and fast-moving consumer goods (FMCG) to retail customers, contractors, and local businesses in and around Kisii Town.
Assets Overview
Operating fleet of 40 vehicles valued at approximately KES 150 million, used for the distribution of hardware and FMCG products.Additional assets include inventory (approx KES 900 million) and fixtures.
Intangible assets include the brand name and the entity.
Facilities Overview
Owned property. The main warehouse is half an acre. Own Shop in town with a built-up area of 40,000 sq ft. We are not selling the property but are open to renting it out. The terms can be negotiated upon introduction.
Capitalization Overview
Business funded primarily by the owner’s equity. No outstanding loans other than fleet financing of approximately KES 80 million.
Recent Activity
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2 days, 6 hours agoInvestment Fund Manager, Investment Firm, Oxford, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Tokyo, M&A Advisor connected with the Business
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