Ecommerce Website Investment Opportunity in Abuja, Nigeria
E-commerce platform focused on clothing and accessories, with over 4,000 registered customers.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 35 thousand |
| Run Rate Sales | USD 28 thousand |
| EBITDA Margin | 40 % |
| Industries | Ecommerce Websites |
| Locations | Abuja |
| Local Time | 8:49 PM Europe / Istanbul |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
23.3 thousand
for
10.0%
stake
(Native Currency: EUR 20,000)
Reason: Expansion plans:
The investment will support the expansion of our e-commerce platform into new mark...
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Business Overview
- The company was established in 2017 and has since evolved into a multi-faceted business specializing in technology and e-commerce solutions.
- Through our e-commerce platform, we've processed over 6,000 orders globally and have more than 4,000 registered customers.
- In real estate, we develop custom websites with full admin and agent areas, targeting key markets like Dubai, Cyprus, and the U. S. Our unique offer is to build websites for free, with clients only paying if they are satisfied with the final product.
- Our e-commerce platform, which is the most used shopping platform in Cyprus, allows businesses to quickly set up and start selling online. The website receives about 500-600 orders a month.
- The business saw a slight drop in revenue as the owner was focusing on the app building vertical of the business.
- We're now expanding into the Nigerian market, competing with platforms like Jumia, and leveraging products sourced from China.
- Logistics and distribution channels are in place and are targeting both the UK and Nigeria for further growth.
- We also develop innovative tools like the special Chrome extension we built, which enables one-click dropshipping between platforms.
- Our mobile app, available on the App Store, integrates seamlessly with our platform.
- In addition to e-commerce, we help entrepreneurs start businesses by offering outsourcing services and consulting.
- The owner also runs a global clothing brand and is looking to create a men's grooming brand in the future.
- Through our e-commerce platform, we've processed over 6,000 orders globally and have more than 4,000 registered customers.
- In real estate, we develop custom websites with full admin and agent areas, targeting key markets like Dubai, Cyprus, and the U. S. Our unique offer is to build websites for free, with clients only paying if they are satisfied with the final product.
- Our e-commerce platform, which is the most used shopping platform in Cyprus, allows businesses to quickly set up and start selling online. The website receives about 500-600 orders a month.
- The business saw a slight drop in revenue as the owner was focusing on the app building vertical of the business.
- We're now expanding into the Nigerian market, competing with platforms like Jumia, and leveraging products sourced from China.
- Logistics and distribution channels are in place and are targeting both the UK and Nigeria for further growth.
- We also develop innovative tools like the special Chrome extension we built, which enables one-click dropshipping between platforms.
- Our mobile app, available on the App Store, integrates seamlessly with our platform.
- In addition to e-commerce, we help entrepreneurs start businesses by offering outsourcing services and consulting.
- The owner also runs a global clothing brand and is looking to create a men's grooming brand in the future.
Products & Services Overview
Ecommerce website that sells clothing and accessories for both men and women. This is the primary function of the business but, it also has a set of other functions such as:- Building E-commerce apps and websites.
- Build real estate apps and management systems.
- Assist with product sourcing and logistics.
Assets Overview
Intangible assets:Intellectual property:
- Custom-built software for real estate websites and e-commerce platforms.
- Code for Chrome extensions and mobile app.
- Proprietary algorithms for logistics and order management.
- Brand trademarks.
Customer base and data:
- Over 4,000 registered customers globally.
- Transactional and user data from over 6,000 processed orders.
Brand equity:
- Established reputation and market presence for our brands.
- Brand equity in Cyprus for our e-commerce platform.
Partnerships:
- Strategic partnerships with third-party tools and services.
- Existing distribution and logistics partnerships.
- Social Media and marketing channels:
- Social media following and engagement for our brands.
- Marketing materials, campaigns, and customer outreach strategies.
The business does not have any physical assets of significant value at this point in time.
Facilities Overview
Operation are run from Cyprus.
Capitalization Overview
Ownership is split between two shareholders, with stakes of 55% and 45%. We have a USD 5,000 private loan outstanding, which is the only external funding we've received.While we are not looking to take on additional debt, we are actively seeking investment and raising capital for expansion, product development, marketing, and promotions.
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