Profitable Web & Mobile Development Company Seeking Loan in Lagos, Nigeria
E-commerce solutions provider that allows all types of businesses to make websites seeks debt funding.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 700 - 800 |
| Run Rate Sales | USD 760 |
| EBITDA Margin | 30 - 40 % |
| Industries | Web & Mobile Development |
| Locations | Lagos |
| Local Time | 10:09 AM Africa / Lagos |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
750
for
40.0%
annual interest,
1
year
(Native Currency: NGN 1,000,000)
Reason: Our subscription plans are priced at NGN 40k, 80k, and 200k per year, and we aim to use 90% of the l...
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Collateral Available: USD 0
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Business Overview
- Company providing an all-in one e-commerce platforms that helps SMEs setup their websites and online stores.
- Our company has 3 plans which includes basic plan, business plan and the enterprise plan, 100+ stores, 15 active subscribers, subscriptions, promotion social media ads and manual placement.
- The company has no full-time employees and it hires 2 contractors when we get work done by them.
- Our business only requires the Certificate of Incorporation to operate and we have it.
- We have a high EBITDA as our operational costs do not exceed NGN 34k (USD 25) per month (for hosting). We have no salary costs, and rent & utilities expenses.
- Our company has 3 plans which includes basic plan, business plan and the enterprise plan, 100+ stores, 15 active subscribers, subscriptions, promotion social media ads and manual placement.
- The company has no full-time employees and it hires 2 contractors when we get work done by them.
- Our business only requires the Certificate of Incorporation to operate and we have it.
- We have a high EBITDA as our operational costs do not exceed NGN 34k (USD 25) per month (for hosting). We have no salary costs, and rent & utilities expenses.
Products & Services Overview
Our top selling service is our Basic plan that helps SME's setup their online shops using our tech.We provide the an all in one e-commerce platform for their businesses.
Our services are used by Nigerian SMEs, to build an online presence for their business.
Our subscription plans are priced at NGN 40k, NGN 80k, and NGN 200k per year.
Assets Overview
The business does not own any physical assets.Basic electronics used in daily operations are the personal assets of the business owner.
Facilities Overview
The business does not have an office currently. All operations happen remotely.
Capitalization Overview
- The company is fully bootstrapped no other method.- The business only has a single owner.
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