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Sportswear Shop Investment Opportunity in Malé, Maldives

Sportswear retail business in Maldives, seeking investment to procure equipment and expand sales channels.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 7 - 8 thousand
Run Rate Sales USD 7.8 thousand
EBITDA Margin 40 %
Industries Sportswear Shops
Locations  Malé
Local Time 8:09 AM Indian / Maldives
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Partial Stake Sale
USD 65 thousand for 49.0% stake (Native Currency: MVR 1,000,000)
Reason: Seeking investment to procure more equipment and expand our sales channels. The valuation is fair b... View More
Includes physical assets worth USD 1.95 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Sports wear and equipment selling business, based in Maldives.
- Have 10,200+ clients till date.
- Business is B2C.
- Sold through our social media pages on Facebook and Instagram.
- We get 100+ orders per month.
- Average order value is MVR 900.
- Since it is an online business, day to day clients are increasing.
- Products are procured from a China based manufacturer.
Products & Services Overview
Products sold are sports bra, leggings and sports shoes.
Leggings are the top selling product.
Sold through our social media platforms.
Assets Overview
Physical assets include inventory of the products.
Facilities Overview
Currently, operating from residential premises, no dedicated physical facility.
Capitalization Overview
Self-funded.
There's no partnership member.
And there's no debts and any loans.
This is a sole property business.
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1 Investor viewed this Business this week. 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.
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