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Bag Retailer Investment Opportunity in Mannheim, Germany

Designing and selling patented dual-sided bags under their own brand, seeking investment for expansion.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 77 thousand
Run Rate Sales USD 72 thousand
EBITDA Margin 40 %
Industries Bag Retailers
Locations  Mannheim
Local Time 4:54 AM Europe / Berlin
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 550 thousand for 20.0% stake (Native Currency: EUR 500,000)
Reason: The business is seeking investment to finance the development of new double-sided designs for school... View More
Includes physical assets worth USD 220 thousand
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Business Overview
The business was founded with saved equity, supplied the 5 largest stationary retailers within 2 years and achieved a turnover of around €100,000 with just 1 product in each of 2 designs.
We also took part in the Pioniergeist 2022 start-up and ideas competition in 2022 and won a prize.
In 2023, we won the Ergonomics Innovation Award from the Institute for Health and Ergonomics and are the current award winner.
Our business model focuses on B2B and B2C, with 80% of our main business being B2B.
However, in order to be able to concentrate on the day-to-day business, we need an investment of €500,000, which will help to attract the best people in the industry for designing and sales.
The first employee is the Key Account Manager of the market leader, who sees a lot of potential in the brand and would like to start working for the company from February of next year. He has already received a verbal commitment. He has a turnover of €8-12 million in his current company.
In August, we were also able to secure a collaboration with the former head designer of the two market leaders, who set up his own business last year and now works as a freelancer. He also sees great potential in us, so he has returned the cooperation and made his network and skills available to us.
In 2 years, we have raised the image of the company to a professional level, so that even our competitors have great respect for us. All doors are now open for us to become one of the top 3 brands. The only thing we lack is the investment to achieve joint success.
Products & Services Overview
The business's top-selling products are its dual-sided school bags designed for students, hiking, travel, sports and fashion to both B2B and B2C customers.
Assets Overview
The business's physical assets include stock valued at EUR 100 thousand, along with necessary furniture. Additionally, it maintains a positive account balance of EUR 100 thousand.
Facilities Overview
Our office is located in the C-Hub Mannheim, which is supported by NextMannheim. Here we not only have access to offices but also to the knowledge of large co-working spaces and companies.
Capitalization Overview
The company was founded by the sole owner and founder. The entire structure was based on equity capital. There are no debts or liabilities.
Recent Activity
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2 Investors contacted this Business this week. Register below to connect now!
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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