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Cosmetics Company Seeking Loan in Heraklion, Greece

Unique deodorant and lotion business seeks loan to enhance online presence, products in 3,000+ locations.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 62 thousand
Run Rate Sales USD 62 thousand
EBITDA Margin 40 %
Industries Cosmetics
Locations  Heraklion
Local Time 1:38 PM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 15.6 thousand for 10.0% annual interest, 3 years (Native Currency: EUR 15,000)
Reason: We need this funding to create a new website and advertise through social media. This will help us r... View More
Collateral Available: USD 10.4 thousand
Includes physical assets worth USD 51 thousand
Interested to connect with advisors
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Business Overview
- The company is strategically located in Heraklion, providing a central base for distribution across key markets.
- Employing a compact team of 4, the business efficiently manages its comprehensive product line and client relationships.
- Our standout product line, including cream deodorants and lice-repellent lotions, is designed to meet the needs of a broad demographic spanning ages 15 to 70.
- The cream deodorants boast a unique selling proposition with their 3 to 5-day protection and clinically proven efficacy, distinguishing them within the cosmetics sector.
- An extensive distribution network places our products in 3,000 to 4,000 retail locations, including supermarkets, wholesalers, and pharmacies, ensuring broad market reach.
- With a rapidly growing customer base of around 60 to 70 direct customers the business is primed for scalability and increased market penetration.
- Manufacturing is strategically outsourced, allowing the company to focus on product development and marketing without the overhead of production facilities.
Products & Services Overview
Our business's top-selling products include cream deodorants, perky cream deodorants, and lice-repellent lotions.
These products are popular among men and women aged 15 to 70 years old, catering to a wide range of customers with diverse needs.
The products are sold to wholesalers, pharmacies and supermarkets.
Assets Overview
Tangible assets:
3 cars worth EUR 10,000, which are used by salesmen, EUR 39,000 of stock.
These assets are crucial for our operations and therefore cannot be liquidated.
Intangible assets: 4 trademarks for our products.
Facilities Overview
Our office-cum-warehouse spans two floors, with a rented area of 250 sq. ft.
Capitalization Overview
Has no loans or debts.
100% of the business is owned by the promoter.
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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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