Shopping Mall Seeking Loan in Kenya
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 40 - 50 million |
Run Rate Sales | USD 36 million |
EBITDA Margin | 30 - 40 % |
Industries | Shopping Malls + 1 more |
Locations | Kenya |
Local Time | 2:43 PM Africa / Nairobi |
Listed By | Business Owner / Director |
Status | Active |
40% of the mall is already complete and generating revenue.
Revenue model: Rental income (70% pre-leased), service charges, parking fees.
Rental details: Avg. USD 1.4/sqft/month (shops), USD 0.50/sqft/month (parking).
Promoter experience: 10+ years in Nairobi commercial real estate; delivered KS Mall.
Company utilizes contract staff for on-site constrcution activites.
Users: Retailers, service providers and corporate tenants.
How: Long-term leases with fixed rents + service charges; curated tenant mix to drive foot traffic.
Minor assets: Furniture, equipment.
Intangible assets include tenant leases and corporate bonds.
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Floors: 6 (basement parking + 5 levels).
2 shareholders, 100% privately held.