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Beauty Product Shop Investment Opportunity in Lagos, Nigeria

Niche perfume boutique with 5 branches across major Nigerian cities seeks expansionary funding.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 560 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 36 %
Industries Beauty Product Shops
Locations  Lagos
Local Time 6:53 AM Africa / Lagos
Listed By Management Member
Status Recently Active
Overall Rating
Partial Stake Sale
USD 400 thousand for 15.0% stake (Native Currency: NGN 500,000,000)
Reason: We are also offering 5% annual interest in addition to the Equity stake for 4 years. We require fund... View More
Includes physical assets worth USD 1.7 million
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Business Overview

- Retailer of perfumes in Nigeria.

- Average monthly revenue of NGN 54 million and growing.

- Over 40 exclusive international brand partnerships.

- Over 40k organic followers online.

- Distribution advantage.

- Exclusively a distributor, we do not produce any products right now.

- Mostly consisted of international brands, and we have exclusive agreements from some companies as well.

- Also looking to start our brand and production of perfumes.

- Setting up 3 additional branches this year and we are hopeful of finishing this year at NGN 900 million and above.

Products & Services Overview

Nationwide distribution of exclusive niche perfumes. No single top-selling brand as we offer 50+ brands.

Assets Overview

Physical assets owned include:

- Inventory valued at NGN 1.9 billion.

- A fleet of executive vehicles valued at NGN 157 million.

- A fragrance studio valued at NGN 42.9 million.

- A plethora of administrative assets valued at NGN 58.6 million.

Facilities Overview

HQ office in Central Lagos, Nigeria (rental space), we have 3 branches in Lagos and 2 in Abuja. All stores are in rented spaces.

Capitalization Overview

The company has 3 shareholders and is funded on a short-term basis by 3 banks.

1. Providus Bank.

2. FCMB Bank.

3. Vale Bank.

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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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