Need help?

Profitable Used Car Dealers Company Investment Opportunity in Nairobi, Kenya

Used car dealership that imports and sells cars, seeking financial investment to expand our business.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 80 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 30 - 40 %
Industries Used Car Dealers
Locations  Nairobi
Local Time 5:56 AM Africa / Nairobi
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 42 thousand for 50.0% stake (Native Currency: KES 6,500,000)
Reason: We are looking for a strong financial investor/partner to further the ability of expansion, major ma... View More
Includes physical assets worth USD 6.5 thousand
Interested to connect with advisors
Documents
VAT Returns
Audited Accounts
Business Overview

- We are the best-priced and most reliable used car dealers in Kenya.

- Our business involves used car sales and import.

- We use online platforms and onsite sales- platforms.

- 60% of revenue is generated from the sale of used cars and the rest from used imported cars.

- We charge a fee for imports of KES 100,000-200,000.

- Import from countries like Japan, Thailand, the UK, Dubai, and Germany.

Products & Services Overview

Car sales, buyers and sellers of cars, car imports, import on behalf, sale on behalf, car showroom.

Assets Overview

Owns computers, websites, social media platforms, domains, cloud servers, office furniture, rented car-yard/showroom-business premises, CCTV sets, 32inch office tv, office internet bank accounts, good name (well-built goodwill), best location.

Facilities Overview

- We have a car yard and office space measuring 14 meters by 35 meters.

- We pay a rent of KES 100,000 per month.

- The landmark is Ralph Bunche, Kilimani, Nairobi.

Capitalization Overview

- Business has 2 shareholders with 50% each.

- We have an outstanding bank loan amount of KES 6 million and interest on that is 15% per annum.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more