Ecommerce Website Seeking Loan in Jekabpils, Latvia
Latvian e-commerce, wholesale business selling customer returns, overstock, liquidation merchandise sourced from established European suppliers.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | USD 68 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Ecommerce Websites |
| Locations | Jekabpils |
| Local Time | 5:27 PM Europe / Riga |
| Listed By | Management Member |
| Status | Recently Active |
Seeking Loan
USD
28.5 thousand
for
12.0%
annual interest,
3
years
(Native Currency: EUR 25,000)
Reason: - The company is seeking a EUR 25,000 business loan to purchase additional customer-return and overs...
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Collateral Available: USD 0
Includes physical assets worth
USD
5.7 thousand
Name, Phone, Email
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Business Name
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Business Overview
- Located in Jekabpils, business is a Latvian e-commerce business specializes in selling customer returns, overstock, and liquidation merchandise from top European suppliers.
- Business offers a wide range of products including household goods, blinds, office supplies, lighting, electronics, clothing, children's products, and garden items.
- The sales channels include the active online store, social media platforms, online marketplaces, and B2C and direct B2B transactions.
- Customers range from private consumers to online resellers and small retail businesses across Latvia and other European markets.
- The business has an average order value of EUR 20, with around 5 to 10 customers making purchases each day.
- Business generates roughly EUR 5,000 in sales each month through retail product sales, Mystery Boxes, wholesale lots, and complete pallets.
- The team has hands-on experience with sourcing, sorting, and selling products effectively in both B2C and B2B environments.
- We reinvest available cash flow into our inventory and business growth, ensuring we are well-equipped to boost sales as we acquire more stock.
- With the right inventory levels, our already established e-commerce infrastructure and sales channels are poised for increased turnover.
- Business offers a wide range of products including household goods, blinds, office supplies, lighting, electronics, clothing, children's products, and garden items.
- The sales channels include the active online store, social media platforms, online marketplaces, and B2C and direct B2B transactions.
- Customers range from private consumers to online resellers and small retail businesses across Latvia and other European markets.
- The business has an average order value of EUR 20, with around 5 to 10 customers making purchases each day.
- Business generates roughly EUR 5,000 in sales each month through retail product sales, Mystery Boxes, wholesale lots, and complete pallets.
- The team has hands-on experience with sourcing, sorting, and selling products effectively in both B2C and B2B environments.
- We reinvest available cash flow into our inventory and business growth, ensuring we are well-equipped to boost sales as we acquire more stock.
- With the right inventory levels, our already established e-commerce infrastructure and sales channels are poised for increased turnover.
Products & Services Overview
The business sells customer-return and overstock merchandise, including household goods, blinds, office supplies, lighting products, children’s products, electronics, clothing and garden products. Products are sold individually through our online store and online marketplaces, as well as in Mystery Boxes, wholesale lots and complete pallets. Our customers include private consumers, online resellers and small retail businesses in Latvia and other European markets.
Assets Overview
- Tangible assets: include the company’s merchandise inventory, warehouse shelving, packing equipment, office equipment, computers and other tools used for warehouse and e-commerce operations.- Intangible assets: include the brand, domain name, e-commerce website, product catalogue, social media accounts, supplier relationships, customer database and operational know-how related to sourcing and selling liquidation merchandise.
Facilities Overview
The business operates from a roughly 302 sq. m. rented warehouse in Jēkabpils, Latvia. The single-floor facility handles receiving, sorting, inspecting, storing, packing, and shipping merchandise. It offers plenty of space for pallet storage, individual product storage, and order fulfillment. The rental agreement sets the monthly rent at EUR 300.
Capitalization Overview
The business is funded through the shareholder’s capital, operating revenue, and ongoing reinvestment of cash flow. It’s fully owned by a single shareholder, with no external investors holding any shares.
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