Ecommerce Website Seeking Loan in Lagos, Nigeria
Online dedicated e-commerce space for groceries and household essentials in Nigeria is seeking debt.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 1 - 2 million |
| Run Rate Sales | USD 1.2 million |
| EBITDA Margin | 0 - 10 % |
| Industries | Ecommerce Websites + 1 more |
| Locations | Lagos |
| Local Time | 8:05 PM Africa / Lagos |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
310 thousand
for
12.0%
annual interest,
5
years
(Native Currency: NGN 500,000,000)
Reason: Funds are required for inventory improvement, marketing, sales expansion into other states in Nigeri...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
31 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Brand
(84.2 KB)
Banner
(64.1 KB)
Domain-Verification.pdf
(212.9 KB)
Business Plan
(1.1 MB)
Projection
(159.8 KB)
Certificate of Incorporation
(137.4 KB)
Registration Certificate
(322.5 KB)
Business Overview
- Our business is engaged in selling and distributing branded FMCG products through our own e-commerce platform and other platforms as well.
- We have tied-up with 12 famous FMCG brands and source the products directly from the brands.
- Have a database of 7,000 + customers, we receive 100 to 200 visitors per day for our products in total on all the platforms.
- Currently, we are selling through our own website and 12 other e-commerce platforms in Nigeria.
- On average, we receive a total of 75 to 100 orders per day, out of which 25 orders come from our own website.
- The business has an outstanding loan of NGN 75 million.
- The business has 4 owners, one has 85% ownership stake, and the rest own 5% stake each.
- We have been present in this market for around over 7 years and have seen 200% growth since 2018.
- We have tied-up with 12 famous FMCG brands and source the products directly from the brands.
- Have a database of 7,000 + customers, we receive 100 to 200 visitors per day for our products in total on all the platforms.
- Currently, we are selling through our own website and 12 other e-commerce platforms in Nigeria.
- On average, we receive a total of 75 to 100 orders per day, out of which 25 orders come from our own website.
- The business has an outstanding loan of NGN 75 million.
- The business has 4 owners, one has 85% ownership stake, and the rest own 5% stake each.
- We have been present in this market for around over 7 years and have seen 200% growth since 2018.
Products & Services Overview
FMCG products from brands like Nestle, FrieslandCampina, Coca-Cola, Chi limited, TGI, Perfetti, Paldis, and Reckitt Benckiser.
Assets Overview
Products, cars, bikes, 5 computers, air-conditioners, and freezers. The business also owns a website.
Facilities Overview
Rent of 1 story building at Oshodi, Lagos.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Real Estate, London, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Durban, Financial Consultant connected with the Business
-
Earlier than 15 daysManaging Partner, Dallas, Financial Consultant connected with the Business
Tags:
Ecommerce Website Seeking Loan in Lagos, Nigeria
·Lend to Ecommerce Website in Lagos, Nigeria
·Supermarket Seeking Loan in Lagos, Nigeria
·Hypermarket Seeking Loan in Lagos, Nigeria
·Lend to Supermarket in Lagos, Nigeria
·Lend to Hypermarket in Lagos, Nigeria
·Ecommerce Website Seeking Loan
·Lend to Ecommerce Website
·Supermarket Seeking Loan
·Hypermarket Seeking Loan
·Lend to Supermarket
·Lend to Hypermarket
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
7 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,000+ other businesses of all sizes.
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.
You might also be interested in these businesses