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Ecommerce Website for Sale in Lagos, Nigeria

Ecommerce platform selling electronic and household products under a buy now and pay later plan.
- Ecommerce platform for electronics and durable consumer goods. - Multiple repayment plans available: Customers can either choose to make a one-off payment or pay in 3 convenient installments (at an interest rate of 13%). 1st installment before delivery while balance is spread over the next 2 months. Typically a single order cycle is 60 days, in a 40:40:20 proportion. First 2 installments usually covers the product cost price. - Have 2,500 registered users on the platform. - 3,000+ products are listed under 8 major categories. - Receive 300 orders on a monthly basis and the average worth of each order is NGN 50,000. - Our Global Alexa ranking is below 1M (improved by 75m in the past 2 years). - Our Android app is currently under development and is expected to be completed in 2-5 months. Our plans for the App will see us diversify into full fintech, where users can save daily on their wallet to cover future expenses or offset current credit. - Capacity to generate more than 10 million in monthly revenue according to present customer traffic, however, due to a shortage of working capital, we are not able to take up the orders. - Goods are shipped directly from suppliers warehouse hence reducing operational cost (warehousing, inventory, freight to a nearest minimum) - Promoter has 6+ years of industry experience. - Business owned assets include a plot of land in Green Gate VIP Estate, Lagos and office equipment.
Ecommerce platform selling electronic and household products under a buy now and pay later plan.
8.4   Lagos
Run Rate Sales
NGN 30 million
EBITDA Margin
20 - 30 %
Business for Sale
NGN 15 Mn
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