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Apparel Store Investment Opportunity in Lagos, Portugal

High-margin business with an online store that offers women's shoes, handbags, and belts.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales USD 1.27 million
EBITDA Margin 35 %
Industries Apparel Stores + 1 more
Locations  Lagos
Local Time 8:26 PM Europe / Lisbon
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 530 thousand for 49.0% stake (Native Currency: EUR 500,000)
Reason: We require funds for digital marketing of the website, to launch our brand in the Dubai Fashion Week... View More
Includes physical assets worth USD 10.6 thousand
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Business Name
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Business Overview
- Startup with a website that offers custom shoes, handbags, and belts for women.
- We are an online store with our own inventory of manufactured goods.
- We acquire inventory from partner factories.
- Have not deployed any digital marketing for our website.
- The company was in the midst of developing the website till last year and it has been operational only since last year.
- 10,000 users per month only through word of mouth.
- Website users have been growing exponentially and we have around 46% of repeated users.
- Majority of website visits are from within the EU or the USA.
- Business operates on a high margin as we do not have any physical stores and some of our products have a margin of 100%.
- Our sales team in Dubai is currently working on an augmented reality product for shoes.
- Promoter has over 25 years of experience in the field of marketing.
Products & Services Overview
Custom-made women's shoes, handbags, and belts.
Assets Overview
Website and domain, computers, software, contracts with factories, inventory.
Facilities Overview
Two offices of 10,000 sq. m and 150 sq. m respectively. These offices are personally owned by the promoter and they do not charge any rent for it.
Capitalization Overview
Not Disclosed
Recent Activity
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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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