Sportswear Business Seeking Loan in Oslo, Norway
Online clothing shop with a customer database of 100,000+ users is seeking funds to hire more employees and market itself.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Other |
| Reported Sales | USD 9 million |
| Run Rate Sales | USD 6 million |
| EBITDA Margin | 40 % |
| Industries | Sportswear + 1 more |
| Locations | Oslo |
| Local Time | 7:25 AM Europe / Oslo |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
5 million
for
15.0%
annual interest,
30
years
(Native Currency: NOK 50,000,000)
Reason: We want to expand the business. The funds will be utilized to hire 50-100 employees, and for marketi...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
7 million
Interested to connect with advisors
Business Overview
- Online clothing store with its own brand.
- Have a customer database of over 100,000+ registered customers.
- Sell all kinds of training and athletic wear and at present have 1,000 - 5,000 monthly customers.
- Have vendors based in China and India who we pay in advance.
- We earn revenue through markup price.
- Majority of our customers are from Norway and we receive orders from other Scandinavian countries as well.
- We have closed our website right now and are reliant on the offline orders of our dedicated customers.
- Sales have also dropped tremendously due to the ongoing development work on our website.
- Have a customer database of over 100,000+ registered customers.
- Sell all kinds of training and athletic wear and at present have 1,000 - 5,000 monthly customers.
- Have vendors based in China and India who we pay in advance.
- We earn revenue through markup price.
- Majority of our customers are from Norway and we receive orders from other Scandinavian countries as well.
- We have closed our website right now and are reliant on the offline orders of our dedicated customers.
- Sales have also dropped tremendously due to the ongoing development work on our website.
Products & Services Overview
All kinds of accessories and clothing in the training and athletic segment.
Assets Overview
Balance in the company bank account.
Facilities Overview
2 offices of 80 sq. m. each and a warehouse of 1,500 sq. m. in Oslo.We pay a total rent of NOK 20,000 per month.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysGM, Cluj-Napoca, Financial Consultant connected with the Business
-
Earlier than 15 daysManaging Partner, Investments, Paris, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysMentor, Advisor, Angel Investor, Fintech, Chandigarh, Corporate Investor / Buyer connected with the Business
Tags:
Sportswear Business Seeking Loan in Oslo, Norway
·Ecommerce Website Seeking Loan in Oslo, Norway
·Lend to Sportswear Business in Oslo, Norway
·Lend to Ecommerce Website in Oslo, Norway
·Sportswear Business Seeking Loan
·Ecommerce Website Seeking Loan
·Lend to Sportswear Business
·Lend to Ecommerce Website
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