Profitable Ground Logistics Company Seeking Loan in Mombasa, Kenya
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This Business is on a Premium Plan| Established | 2023 (3 years) |
|---|---|
| Employees | 10 - 50 |
| Run Rate Sales | NA |
| EBITDA Margin | Nil |
| Locations | Mombasa |
| Listed By | Business Owner / Director |
| Status | Active |
BUSINESS METRICS
Business Loan
Asking Price: NA
Reason: Expansion and assets procurement.Funds will be used to:- Procure 20 prime movers to haulage clinker and tipping trailers.- Trade bulk imported rice.- Distribute our tea brand already in the market.The assets already owned by the company are vital for its operations and they cannot be liquidated.
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- The business is a logistics company established 5 years ago, located in the coastal region of Kenya, specifically in Mombasa and Kilifi.
- The company currently employs 10 permanent and 20 casual workers.
- It is seeking a loan of $2 million to fund expansion and acquire 20 prime movers with tipping trailers.
- Right now the business rents its fleet of trucks and wants to reduce rental costs by owning their fleet.