↩ Go Back
Need help?

Businesses Seeking Loan in Lagos

Showing 1 - 1 of 1 Businesses Seeking Loan in Lagos. Lend to a Business in Lagos.

Filters
  • Lagos

  • Business Loan

 

Supermarket Seeking Loan in Lagos, Nigeria

Online dedicated e-commerce space for groceries and household essentials in Nigeria is seeking debt.
- Our business is engaged in selling and distributing branded FMCG products through our own e-commerce platform and other platforms as well. - We have tied-up with 12 famous FMCG brands and source the products directly from the brands. - Have a database of 7,000 + customers, we receive 100 to 200 visitors per day for our products in total on all the platforms. - Currently, we are selling through our own website and 12 other e-commerce platforms in Nigeria. - On average, we receive a total of 75 to 100 orders per day, out of which 25 orders come from our own website. - The business has an outstanding loan of NGN 75 million. - The business has 4 owners, one has 85% ownership stake, and the rest own 5% stake each. - We have been present in this market for around over 7 years and have seen 200% growth since 2018.
Online dedicated e-commerce space for groceries and household essentials in Nigeria is seeking debt.
9.6   Lagos
Run Rate Sales
USD 1.3 million
EBITDA Margin
0 - 10 %
Business Loan
USD 330 K at 12%
Contact Business

Frequently
Asked
Questions

  • What level of due diligence does SMERGERS conduct on the businesses/member?

    SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more

  • How active are the business profiles listed on SMERGERS?

    We regularly filter out businesses which are inactive or have already closed a transaction. Typically, if the business is actively looking to sell/raise capital, the status is shown in green.

  • How can I be sure about privacy and confidentiality?

    We understand the level of confidentiality required in strategic transactions and we strive to provide a safe and secure experience for our members. Please review our privacy policy. We …read more

  • How can I contact a business listed on SMERGERS?

    You need to be logged in before you connect with a business. Click here to register and message the business If you are already logged in, please use the contact …read more

  • Should you buy an existing business or start a business from scratch?

    Buying an existing business is generally an easier way to start a business with an immediate head start. It saves valuable time and administrative efforts, considering starting from scratch is …read more

  • How successful has SMERGERS been in helping its users successfully close a deal?

    SMERGERS is a discovery and matchmaking platform with a global reach. It helps in connecting Businesses, Investors, Acquirers, Lenders, M&A Advisors and Boutique Investment Banks across locations, industries and transactions. …read more

  • Show more