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Used Car Dealers Company Investment Opportunity in Swakopmund, Namibia

Trusted used car dealer in Swakopmund, specializing in high-quality Japanese imported vehicles.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 3.3 million
Run Rate Sales USD 3.3 million
EBITDA Margin 15 %
Industries Used Car Dealers
Locations  Swakopmund
Local Time 8:45 PM Africa / Windhoek
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 670 thousand for 49.0% stake (Native Currency: NAD 12,000,000)
Reason: We're looking for a business partner to help clear the company's debt and reinvest all profits to un... View More
Includes physical assets worth USD 220 thousand
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Business Overview
The business is a used car dealership in Swakopmund, Namibia, specializing in the sale of quality new and used vehicles, including locally sourced cars and imports from Japan. Positioned in a coastal hub known for tourism and trade, the business caters to a diverse clientele seeking reliable transportation for personal, work, and recreational use.
Number of clients:
Serves a broad customer base in Swakopmund and surrounding areas like Walvis Bay and Windhoek. Also, has listings on platforms like NamCars. net (e. g. , 47 vehicles advertised as of recent posts) and a dedicated Facebook presence that attracts hundreds of buyers annually, typical for a mid-sized dealership in a town of approximately 44,000 residents with additional regional reach. The focus is on financing options likely broadening the appeal to budget-conscious and first-time buyers.
Revenue model:
The business's revenue primarily comes from vehicle sales, with a mix of:
Used cars: Sourced locally and imported from Japan (e. g. , Mazda Demio, Golf Variant), sold at competitive prices reflecting market demand for reliability and affordability.
New cars: Likely a smaller portion, offering popular brands like Toyota or Nissan.
Financing and add-ons: They provide financing plans (e. g. , through partnerships with local banks or in-house options) and optional warranties, generating additional income via interest and service fees.
This multi-stream model leverages high-demand vehicle types (e. g. , 4x4s, bakkies) and value-added services to maximize profitability in Namibia’s cost-sensitive market.
Promoter experience:
The dealership’s professional operations—offering curated imports, maintaining a strong online presence, and emphasizing quality—suggest leadership with significant experience in the automotive trade. The promoters have a background in car sales, import logistics, or regional business, given their ability to source Japanese imports and navigate Namibia’s market dynamics effectively.
Business relationships:
The business maintains key relationships to support its operations:
Japanese import partners: collaborates with exporters or agents in Japan to procure vehicles like the Suzuki Jimny or Toyota Prado, tapping into Japan’s reputation for well-maintained used cars.
Local financial institutions: Partnerships for financing options indicate ties with banks or credit providers in Namibia, essential for instalment-based sales.
Marketing platforms: leverages NamCars. net and social media (e. g. , the company's Facebook page) for visibility, suggesting affiliations with digital automotive networks.
These relationships enhance their supply chain and market reach, positioning them as a trusted local player.
Awards:
Namibia’s automotive sector doesn’t heavily feature in global award circuits, and the company is focused on practical operations rather than award pursuits. However, the company's reputation for quality and customer-centric financing could make it eligible for regional recognition (e. g. , through Namibian businesses or automotive associations) if pursued.
Additional highlights:
Inventory diversity: Offers sedans (e. g. , VW Polo Vivo), SUVs (e. g. , Toyota Fortuner), and bakkies (e. g. , Ford Ranger), with a notable emphasis on 4x4s suited to Namibia’s terrain.
Market adaptation: Importing from Japan reflects responsiveness to demand for durable, cost-effective vehicles, a strategic edge in a market where new cars can be pricey.
Customer focus: The company's slogan and warranty offerings underscore a commitment to trust and reliability, key to retaining clients.
The company hires contractual employees alongside its permanent staff to handle periods of extra workload.
Products & Services Overview
The business sells both locally sourced used cars and imported used cars from Japan. As a dealership based in Swakopmund, Namibia, it offers a mix of vehicles to cater to the local market's needs. The inventory includes pre-owned cars sourced within Namibia, often labelled as "local" in the listings, as well as imported vehicles, with some specifically noted as coming from Japan (e. g. , models like the Mazda Demio 1.5L Skyactiv or Golf Variant 1.4 TSI Bluemotion marked as imports). Japan is a major global supplier of high-quality used cars, known for their reliability and condition, which aligns with the company's focus on providing quality used cars to customers.
This dual-sourcing strategy allows for offering a diverse range of options— from affordable local sedans and bakkies to imported SUVs and speciality vehicles like 4x4s—appealing to Namibia’s varied driving demands, such as urban commuting and off-road exploration.
We receive numerous inquiries through Facebook and sell directly to customers.
Assets Overview
Tangible assets:
Business vehicle and stock - NAD 3.5 million.
Office equipment and Office furniture - NAD 0.5 million.
Facilities Overview
We operate three rented showrooms—two in Swakopmund and one in Windhoek.
Capitalization Overview
The business is solely owned, with funding from friends and family and a total outstanding loan of NAD 12 million.
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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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