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Newly Established Cosmetics Business Seeking Loan in Baku, Azerbaijan

Seeking loan for unique cosmetics startup in Azerbaijan with growth potential and chemist promoter.

Established 0-1 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales USD 7.2 thousand
EBITDA Margin 25 %
Industries Cosmetics
Locations  Baku
Local Time 12:29 AM Asia / Baku
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 30 thousand for 10.0% annual interest, 2 years (Native Currency: USD 30,000)
Reason: We require this funding to expand my product offerings while simultaneously strengthening support fo... View More
Collateral Available: USD 0
Includes physical assets worth USD 2 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- The business is a newly established cosmetics manufacturing company located in Baku, Azerbaijan, with a focus on producing anti-acne and blemish serum.
- The promoter, who holds a bachelor's degree in chemistry and is pursuing a master's degree in advanced cosmetic science, formulated the product as a chemist. The products are currently being produced through outsourcing to Turkey.
- The products are priced at USD 10 to 15.
- Despite being in the early stages of its operations and not yet registered, the business has already established a distribution channel through a local dealer.
- The business is positioned as a first-of-its-kind cosmetics company in Azerbaijan, offering a unique and innovative product in the local market.
- The company has significant growth potential and the ability to expand its product line in the future.
- The promoter's academic background and expertise in chemistry and cosmetic science provide a strong foundation for product development and innovation within the cosmetics industry.
Products & Services Overview
The business's top-selling products:
- Anti-acne and blemish serum.
Assets Overview
Tangible assets: Stock.
Intangible asset: expertise of the promoter and trademarked brand.
Facilities Overview
We are currently working from home.
Capitalization Overview
The business does not have any loans and is completely owned by the promoter.
Recent Activity
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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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