Wazua
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cement shop?
Rank: Hello Joined: 5/21/2013 Posts: 5
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hi wazuans, could you please let me know if it is possible to start up a hardware business of selling cement (either nyumba or simba-the prices are relatively cheaper unlike bamburi or athi-river) with a start up capital of ksh.150,000. If i buy at factory price of ksh.680 (average price) i will start with about 200 bags of 50kgs. Is it possible to start with cement only, can it prosper? Am planning to set up the biz in a place like kenol, muranga, or nanyuki. Also consider that the above capital does not include rent, licences etc which i believe will be less than 20k. I may in future expand to include paints, mabati, etc IDEAS WILL BE GREATLY APPRECIATED thank you
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Rank: Member Joined: 11/10/2010 Posts: 281 Location: Nairobi
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Depends on the turnover rate.
Some rough maths here:
Assume you sell 200 bags weekly at 720/= Is that possible ? Thats a margin of 40 bob/bag => 8k weekly Assume monthly expenses will be 20k (Not reasonable)
It takes 3 weeks of consistent sales to cover expenses and around 12k monthly profit assuming your running costs are accurate.
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Rank: Veteran Joined: 1/4/2010 Posts: 1,668 Location: nairobi
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i have never seen a cement only hardware. current prices of cement are between 690 to 730 so profit is negligible considering cement is heavy and bulky hence high handling costs. As Iron Sharpens Iron, So one Man Sharpens Another.
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Rank: Member Joined: 11/10/2010 Posts: 281 Location: Nairobi
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a4architecht is right. Unless you are a large transport business doing bulk distribution and wholesaling, cement only is too risky a strategy.
Since you are paying rent and license fees etc, and you must have staff available to serve the customers, you might as well stock other fast moving building materials that can cover most of your petty cash. Think of nails, pipes, taps, barbed wires, basic building tools, etc.
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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I am selling Bamburi cement at Kshs.610 per 50kg bag ex Mlolongo.
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Rank: Veteran Joined: 1/4/2010 Posts: 1,668 Location: nairobi
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@mawinder..wow...thats such a low price. @kigogo..take advantage As Iron Sharpens Iron, So one Man Sharpens Another.
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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mawinder wrote:I am selling Bamburi cement at Kshs.610 per 50kg bag ex Mlolongo. he he! ex-mlolongo African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 6/21/2008 Posts: 2,490
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mawinder wrote:I am selling Bamburi cement at Kshs.610 per 50kg bag ex Mlolongo. Are you serious? Can I place and order?? The man who marries a beautiful woman, and the farmer who grows corn by the roadside have the same problem
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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ZZE123 wrote:mawinder wrote:I am selling Bamburi cement at Kshs.610 per 50kg bag ex Mlolongo. Are you serious? Can I place and order?? Cash on collection but today may not be possible due to the huge snarl up in Mlolongo and the minimum bags I can sell is 560 bags.
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Rank: Member Joined: 4/7/2011 Posts: 105
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I have also been thinking about a hardware business in a serious way. I would appreciate ideas on starting up ( i have 650k) i.e the margins, the fast moving items, the challenges and opportunities. etc anyone whos doing it please
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Rank: Elder Joined: 6/21/2008 Posts: 2,490
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mawinder wrote:ZZE123 wrote:mawinder wrote:I am selling Bamburi cement at Kshs.610 per 50kg bag ex Mlolongo. Are you serious? Can I place and order?? Cash on collection but today may not be possible due to the huge snarl up in Mlolongo and the minimum bags I can sell is 560 bags. I can buy 1,000 bags Inbox me your details - My hardware is in Mlolongo zzezze123(at)gmail(dot)com and confirm it is genuine (not repacked) and legal because the current official price is 660/= The man who marries a beautiful woman, and the farmer who grows corn by the roadside have the same problem
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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ZZE123 wrote:mawinder wrote:ZZE123 wrote:mawinder wrote:I am selling Bamburi cement at Kshs.610 per 50kg bag ex Mlolongo. Are you serious? Can I place and order?? Cash on collection but today may not be possible due to the huge snarl up in Mlolongo and the minimum bags I can sell is 560 bags. I can buy 1,000 bags Inbox me your details - My hardware is in Mlolongo zzezze123(at)gmail(dot)com and confirm it is genuine (not repacked) and legal because the current official price is 660/= No documents available but I can organize if you wish.If your hardware is in Mlolongo then you should know these things.
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Rank: Elder Joined: 6/21/2008 Posts: 2,490
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mawinder wrote:ZZE123 wrote:mawinder wrote:ZZE123 wrote:mawinder wrote:I am selling Bamburi cement at Kshs.610 per 50kg bag ex Mlolongo. Are you serious? Can I place and order?? Cash on collection but today may not be possible due to the huge snarl up in Mlolongo and the minimum bags I can sell is 560 bags. I can buy 1,000 bags Inbox me your details - My hardware is in Mlolongo zzezze123(at)gmail(dot)com and confirm it is genuine (not repacked) and legal because the current official price is 660/= No documents available but I can organize if you wish.If your hardware is in Mlolongo then you should know these things. Nowadays "these things" have become quite tricky hence my concern The man who marries a beautiful woman, and the farmer who grows corn by the roadside have the same problem
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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It will all come to light
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Rank: Elder Joined: 6/21/2008 Posts: 2,490
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Mukiri wrote: It will all come to light The man who marries a beautiful woman, and the farmer who grows corn by the roadside have the same problem
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Rank: Member Joined: 4/16/2010 Posts: 217 Location: Nairobi
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@mawinder kindly provide your email or inbox ndutakaranja at gmail dot com properties For Sale By Owner
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Rank: New-farer Joined: 10/3/2014 Posts: 20
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Is this Cement still available and what price now? ZZE123 wrote:mawinder wrote:ZZE123 wrote:mawinder wrote:ZZE123 wrote:mawinder wrote:I am selling Bamburi cement at Kshs.610 per 50kg bag ex Mlolongo. Are you serious? Can I place and order?? Cash on collection but today may not be possible due to the huge snarl up in Mlolongo and the minimum bags I can sell is 560 bags. I can buy 1,000 bags Inbox me your details - My hardware is in Mlolongo zzezze123(at)gmail(dot)com and confirm it is genuine (not repacked) and legal because the current official price is 660/= No documents available but I can organize if you wish.If your hardware is in Mlolongo then you should know these things. Nowadays "these things" have become quite tricky hence my concern
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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tafutabiz wrote:Is this Cement still available and what price now? ZZE123 wrote:mawinder wrote:ZZE123 wrote:mawinder wrote:ZZE123 wrote:mawinder wrote:I am selling Bamburi cement at Kshs.610 per 50kg bag ex Mlolongo. Are you serious? Can I place and order?? Cash on collection but today may not be possible due to the huge snarl up in Mlolongo and the minimum bags I can sell is 560 bags. I can buy 1,000 bags Inbox me your details - My hardware is in Mlolongo zzezze123(at)gmail(dot)com and confirm it is genuine (not repacked) and legal because the current official price is 660/= No documents available but I can organize if you wish.If your hardware is in Mlolongo then you should know these things. Nowadays "these things" have become quite tricky hence my concern That was sand packed in Blue Traingle bags! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Impunity wrote:tafutabiz wrote:Is this Cement still available and what price now? ZZE123 wrote:mawinder wrote:ZZE123 wrote:mawinder wrote:ZZE123 wrote:mawinder wrote:I am selling Bamburi cement at Kshs.610 per 50kg bag ex Mlolongo. Are you serious? Can I place and order?? Cash on collection but today may not be possible due to the huge snarl up in Mlolongo and the minimum bags I can sell is 560 bags. I can buy 1,000 bags Inbox me your details - My hardware is in Mlolongo zzezze123(at)gmail(dot)com and confirm it is genuine (not repacked) and legal because the current official price is 660/= No documents available but I can organize if you wish.If your hardware is in Mlolongo then you should know these things. Nowadays "these things" have become quite tricky hence my concern That was sand packed in Blue Traingle bags! If Obiero did it, Who Am I?
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Rank: Member Joined: 2/18/2011 Posts: 448
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Interesting discussion. Any 2016 updates on those who might have set up a cement only hardware?
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