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Beauty Product Shop Seeking Loan in Scarborough, Trinidad and Tobago

Cosmetics store in Scarborough located inside a shopping mall, receiving 20+ customers a day.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 66 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 16 %
Industries Beauty Product Shops
Locations  Scarborough
Local Time 6:37 PM America / Port of Spain
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 59 thousand for 20.0% annual interest, 4 years (Native Currency: TTD 400,000)
Reason: To purchase additional stock and major fixed assets to enhance the customer experience at the store.
Collateral Available: USD 0
Includes physical assets worth USD 11.8 thousand
Interested to connect with advisors
Documents
Business Overview
- Cosmetics store based in Scarborough operating since 2016.
- We are located inside a well known shopping mall.
- We have both local and international brands.
- Our store has over 30 brands of cosmetics and skin care products.
- On an average, we receive more than 20 customers on a daily basis.
- We have a good business relationship with the top makeup artists in Tobago.
- Our assets include license, social media accounts, customer database and stock.
- Promoter has more than 3 years of experience in this business.
Products & Services Overview
Cosmetics and skincare products of both local and international brands.
Introducing makeup artistry at the store to give shoppers an idea of product application and recommendations for their unique skin type and concerns.
Facilities Overview
Operating in a mall in Scarborough, Tobago.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Independent Consultant, Port of Spain, Financial Consultant connected with the Business
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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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