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Whether you are buying small, medium or large company, Tyc & Associates, can help you to
source for the right businesses. We list businesses for sale in most areas of industry from local
retail to global services companies.
Business brokers Kenya. Is uniquely qualified business brokerage, we understand and address
all details and complexities involved in the transfer of closely held small and large businesses. We
recognize that selling a business is a high-stakes proposition. If your business is for sale or you
are looking to purchase a business please spend some time here understanding the process.
We have successfully completed many transactions and have the real world experience and
knowledge to provide you with professional, intelligent, and competent assistance in the sale or
purchase of a business opportunity
source for the right businesses. We list businesses for sale in most areas of industry from local
retail to global services companies.
Business brokers Kenya. Is uniquely qualified business brokerage, we understand and address
all details and complexities involved in the transfer of closely held small and large businesses. We
recognize that selling a business is a high-stakes proposition. If your business is for sale or you
are looking to purchase a business please spend some time here understanding the process.
We have successfully completed many transactions and have the real world experience and
knowledge to provide you with professional, intelligent, and competent assistance in the sale or
purchase of a business opportunity
To inquire, buy a listed business or list your business for sale kindly Email us at
info@bizbrokerskenya.com
info@bizbrokerskenya.com
We are totally focused on our
client's needs, and we work to
realize their dreams as if they
were our own.A service
dedicated to offering our
clients the best M & A
consultation in Kenya.
Director
client's needs, and we work to
realize their dreams as if they
were our own.A service
dedicated to offering our
clients the best M & A
consultation in Kenya.
Director
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TOURS AND TRAVEL COMPANY WANTED
IATA registered firm wanted as a walk in walk out or company sell out.
Mail offers to director@bizbrokerskenya.com
IATA registered firm wanted as a walk in walk out or company sell out.
Mail offers to director@bizbrokerskenya.com
APPOINTED AGENT : HERBERT NDUNGU
SITUATION :
The property which is known as “Kinondo Retreat”
is situated in the Galu Kinondo in the district of Kwale.
Access is from Likoni Ferry, following the Mombasa/Lunga Lunga Highway up to the Ukunda junction
and turning left onto Diani Beach area via the T junction turning right (due south).
The property is situated some 3.5 kilometers after Pine Wood Resort and is on a second row to the
Indian Ocean. The property almost adjoins ‘Kinondo Kwetu Resort’ to the rear.
TENURE
Plot no. 33 Kwale/Galu/Kinondo is held freehold by Duncan Murigo.
Plot No. 36 Kwale/Galu/Kinondo is only freehold by Jedus Company Limited. (2
Directors/Shareholders Mr. Duncan Murigo & Mrs. Jean Murigo).
PLOT AREA
Plot No. 33 measures 0.8 hectares.
Plot No. 36 measures 0.6 hectares.
ENCUMBRANCES
The two plots are unencumbered
DESCRIPTION
Two rectangular shaped plots developed with a resort Comprising of:-
1. A double storey main house.
2. Four Rondavals
3. Swimming Pool
4. Pool Bar
5. Kitchen
6. Staff Quarters
RONDAVALS
These are four detached single storey cottages each having twin units of one bedrooms.
AMPLE ACCOMMODATION
Semi circular entrance veranda.
One bedroom fitted with a split unit air conditioner, an open wardrobe, en suite shower room with
overhead shower, WC and wash basin.
Constructed of concrete/coral block walls, spoon finished externally, plastered and painted internally
beneath a high pitched makuit roof on timber members, lined with a wattle daub ceiling.
Floor finishes are polished maji ya chumvi to bedrooms and verandah while the bathrooms are laid to
non slip ceramic floors.
Doors are of paneled hardwood and windows are glazed adjustable louvers fitted with metal bars.
Internal wall surfaces to shower room are glazed with coloured ceramic tiles up to dado level.
SWIMMING POOL
This centrally located with the cottages around it and is generally oval shaped, fully tiled with a maji ya
chumvi lip and surrounds. With the pool are some concrete maji ya chumvi faced stools.
POOL BAR/RESTAURANT
This is beside the pool and comprises of a raised open bar with a small store and pool filtration room
at basement level.
Construction of circular reinforced concrete columns beneath a makuti roof and supported by gum
poles.
Floor is of maji ya chumvi and to the rear timber boards
The basement has maji ya chumvi floor and worktops with cupboard under. Door is of paneled timber.
The pool filtration room has a cement floor.
BUILT UP AREA Main House
(Double storey) - 4,640 sq. Ft.
Rondavals - 4,800 sq. Ft.
Bar/restaurant - 360 sq. Ft.
Kitchen - 576 sq. Ft.
Staff Quarters - 325 sq. Ft.
Laundry - 353 sq. Ft.
Generator room - 100 sq. Ft.
SERVICES
Mains water and electricity are yet to be connected. Water is provided by the bore well and electricity by
a generator.
OBSERVATION
This development is a second row resort within the quiet Galu Kinondo area in Kwale District with
simple coastal designs appropriate for holiday makers and tourists.
The property though not on the beach front- there is a right of way within proper marketing and
management.
Beach front and second row properties are in good demand and with the tourists now hopefully
returning after the recent clashes in Kenya the subject property in my opinion is a good investment.
SALE PRICE
75 Million Kenya Shillings
ESTIMATE OF EARNINGS
The property is built for the specific purpose of accommodating tourist at an appropriate cost of Kshs
7,500/= on Half board basis and 9,000/= on full board basis. After expenses the profit margin lie
between 5,000 and 6,000/= per day.
Based on this estimate the percent is at full capacity profits at as follows:-
Per day Full capacity Kshs. 120,000/=
Per Month Kshs 3,600,000/=
Yearly Kshs. 43,200,000/=
ACCOMMODATION LIMIT
24 person sharing when full capacity
Accommodation cost per person is Kshs. 5,000/=
Kshs. 120,000/= per day at full capacity
Kshs. 3.6 Million per month at full capacity
YEARLY
Kshs. 43,200,000/= at full capacity
(This is only based on an estimate on full capacity and in reality the figure would fall to approximately
31 Million per year).
SITUATION :
The property which is known as “Kinondo Retreat”
is situated in the Galu Kinondo in the district of Kwale.
Access is from Likoni Ferry, following the Mombasa/Lunga Lunga Highway up to the Ukunda junction
and turning left onto Diani Beach area via the T junction turning right (due south).
The property is situated some 3.5 kilometers after Pine Wood Resort and is on a second row to the
Indian Ocean. The property almost adjoins ‘Kinondo Kwetu Resort’ to the rear.
TENURE
Plot no. 33 Kwale/Galu/Kinondo is held freehold by Duncan Murigo.
Plot No. 36 Kwale/Galu/Kinondo is only freehold by Jedus Company Limited. (2
Directors/Shareholders Mr. Duncan Murigo & Mrs. Jean Murigo).
PLOT AREA
Plot No. 33 measures 0.8 hectares.
Plot No. 36 measures 0.6 hectares.
ENCUMBRANCES
The two plots are unencumbered
DESCRIPTION
Two rectangular shaped plots developed with a resort Comprising of:-
1. A double storey main house.
2. Four Rondavals
3. Swimming Pool
4. Pool Bar
5. Kitchen
6. Staff Quarters
RONDAVALS
These are four detached single storey cottages each having twin units of one bedrooms.
AMPLE ACCOMMODATION
Semi circular entrance veranda.
One bedroom fitted with a split unit air conditioner, an open wardrobe, en suite shower room with
overhead shower, WC and wash basin.
Constructed of concrete/coral block walls, spoon finished externally, plastered and painted internally
beneath a high pitched makuit roof on timber members, lined with a wattle daub ceiling.
Floor finishes are polished maji ya chumvi to bedrooms and verandah while the bathrooms are laid to
non slip ceramic floors.
Doors are of paneled hardwood and windows are glazed adjustable louvers fitted with metal bars.
Internal wall surfaces to shower room are glazed with coloured ceramic tiles up to dado level.
SWIMMING POOL
This centrally located with the cottages around it and is generally oval shaped, fully tiled with a maji ya
chumvi lip and surrounds. With the pool are some concrete maji ya chumvi faced stools.
POOL BAR/RESTAURANT
This is beside the pool and comprises of a raised open bar with a small store and pool filtration room
at basement level.
Construction of circular reinforced concrete columns beneath a makuti roof and supported by gum
poles.
Floor is of maji ya chumvi and to the rear timber boards
The basement has maji ya chumvi floor and worktops with cupboard under. Door is of paneled timber.
The pool filtration room has a cement floor.
BUILT UP AREA Main House
(Double storey) - 4,640 sq. Ft.
Rondavals - 4,800 sq. Ft.
Bar/restaurant - 360 sq. Ft.
Kitchen - 576 sq. Ft.
Staff Quarters - 325 sq. Ft.
Laundry - 353 sq. Ft.
Generator room - 100 sq. Ft.
SERVICES
Mains water and electricity are yet to be connected. Water is provided by the bore well and electricity by
a generator.
OBSERVATION
This development is a second row resort within the quiet Galu Kinondo area in Kwale District with
simple coastal designs appropriate for holiday makers and tourists.
The property though not on the beach front- there is a right of way within proper marketing and
management.
Beach front and second row properties are in good demand and with the tourists now hopefully
returning after the recent clashes in Kenya the subject property in my opinion is a good investment.
SALE PRICE
75 Million Kenya Shillings
ESTIMATE OF EARNINGS
The property is built for the specific purpose of accommodating tourist at an appropriate cost of Kshs
7,500/= on Half board basis and 9,000/= on full board basis. After expenses the profit margin lie
between 5,000 and 6,000/= per day.
Based on this estimate the percent is at full capacity profits at as follows:-
Per day Full capacity Kshs. 120,000/=
Per Month Kshs 3,600,000/=
Yearly Kshs. 43,200,000/=
ACCOMMODATION LIMIT
24 person sharing when full capacity
Accommodation cost per person is Kshs. 5,000/=
Kshs. 120,000/= per day at full capacity
Kshs. 3.6 Million per month at full capacity
YEARLY
Kshs. 43,200,000/= at full capacity
(This is only based on an estimate on full capacity and in reality the figure would fall to approximately
31 Million per year).
