Consumer Electronics Company Investment Opportunity in Lagos, Nigeria

Fast growing online retail company selling various products ranging from electronics, phones, fashion and more.

This Business is on a Premium Plan

Established	1-5 year(s)
Employees	5 - 10
Legal Entity	Private Limited Company
Reported Sales	USD 8 thousand
Run Rate Sales	USD 11 thousand
EBITDA Margin	12 %
Industries	Consumer Electronics + 1 more
Locations	Lagos
Local Time	10:22 AM Africa / Lagos
Listed By	Business Owner / Director
Status	Active

9.5 / 10

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Partial Stake Sale

USD 2.3 thousand for 10.0% stake (Native Currency: NGN 3,000,000)

Reason: This investment will provide the following; - Working capital for Pay Later orders. Pay later order... View More

Includes physical assets worth USD 460

Interested to connect with advisors

Name, Phone, Email

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Business Name

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User Verification

Documents

Business Overview (3.6 MB)

No of Android Users (193.9 KB)

No of iPhone Users (416.7 KB)

Domain-Verification.pdf (213.2 KB)

Ownership Document (283.9 KB)

Business Overview

- Fast-growing online retail company selling various items.

- Newly designed and built app for android and mobile phones.

- Online shopping app is available on both Google Android and Apple stores.

- One of the first online retailers to offer our customers the technology that allows them to pay in installments using our "Pay Later" option.

- Grew from just 4,000 registered users last year to 15,000 registered users currently.

- Our online shopping app has almost 37K downloads on Google Play and almost 1k on the Apple store.

- Over 60m worth of items sold over the past calendar year.

Products & Services Overview

- Sale of electronics and household appliances, mobile phones, electronics, power and solar products, fashion and more.

- We have a pay-later option allowing customers to purchase an item on the platform and spread their repayments.

- Affiliate program.

Assets Overview

One motor bike for delivery.

5 laptops.

1 mobile phone.

Website and all hosting features.

Mobile app.

Patent to pay later technology.

Facilities Overview

Rented office in the heart of Lagos State, Nigeria.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
CEO, Art, Delhi, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Director, Investor, Guwahati, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Founder, Biotechnology, Binghamton, Corporate Investor / Buyer connected with the Business

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Consumer Electronics Company Investment Opportunity in Lagos, Nigeria

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