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Safaricom Dealer Ship on Sale
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propertyzote
#1 Posted : Wednesday, February 23, 2011 12:56:30 PM
Rank: Member


Joined: 8/25/2010
Posts: 283
Location: Nairobi
This dealership is up for sale. Its a running business. Please the owner requests only serious buyers.

http://www.propertyzote....rShip+on+Sale-1782.html
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muganda
#2 Posted : Thursday, February 24, 2011 4:46:13 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
So the question is would you buy a Safaricom dealership at this time?
A quick chat shows for 5m you would purchase 4 outlets located at Thika Rd, Ruiru, Lodiani, North Rd

Safaricom had a principal of paying Residual commissions, meaning you earn money from connections you made in the past even if you don't 'open your shop'. If this shops were earning about Kes 150,000 in residual and maybe costs of 50-60,000 monthly...

Mmh I get my money back in 50 months, travel hustles, Airtel equation...
Advice, is it a good buy?
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KenyanLyrics
#3 Posted : Thursday, February 24, 2011 9:27:56 PM
Rank: Veteran


Joined: 4/16/2010
Posts: 906
Location: Nairobi
Cash back in 2-3 years sounds good to me. My concern with these distribution services is the dilution that happens. Your thoughts muganda?
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propertyzote
#4 Posted : Friday, February 25, 2011 5:35:12 PM
Rank: Member


Joined: 8/25/2010
Posts: 283
Location: Nairobi
My take on this: It whole solely depends on the location and the amount of volumes moved. I stand corrected.for instance when you move 20,000 transactions and safcom pays you 2 bob per transaction,that translates to 40K. Thats one scenario.@kenyanLyrics does safcom still give out new dealerships.
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