↩ Go Back
Need help?

LPG Gas Agency Investment Opportunity in Lagos, Nigeria

Company providing on-demand last-mile LPG delivery to customers via an online LPG marketplace seeks investment.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 4.3 thousand
Run Rate Sales USD 6 thousand
EBITDA Margin 30 %
Industries LPG Gas Agencies + 1 more
Locations  Lagos
Local Time 10:22 AM Africa / Lagos
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 3.56 million for 7.0% stake (Native Currency: NGN 5,000,000,000)
Reason: Investment funds will be used for. -Recruiting talents to strengthen the team. -Situating Gaspal f... View More
Includes physical assets worth USD 3.56 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
-1,200 onboarded users, we gained these users with the help of influencer marketing, pay per click ads, out of homes ads and social media marketing.
- 900 LPG delivery processed to customers' doorsteps.
- We have a fleet of 10 delivery bikes to complete on-demand orders.
- 10% monthly growth rate.
- $5,000 monthly revenue.
- $114,000 in total generated revenue.
- Revenue model is based on commissions on each processed delivery.
- We do not have any outstanding bank loans or debt.
Products & Services Overview
-A mobile app (LPG marketplace) that connects LPG consumers to suppliers on-demand.
-Smart on-demand logistics that fulfill customers' orders within 30 minutes.
-LPG tracker that helps consumers avoid unexpected runouts.
Assets Overview
Physical assets owned by us include the fleet of delivery bikes. Other assets include our mobile app, gas tracker (software and hardware), team, trademarked brand name, vision.
Facilities Overview
We have a rented office space of 500 square meters in Lagos.
Capitalization Overview
Not Disclosed
Recent Activity
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
3 Investors already contacted this Business. Register below to connect now!
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

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more