Beauty Product Shop Investment Opportunity in Lagos, Nigeria
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 |
- 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.
Nationwide distribution of exclusive niche perfumes. No single top-selling brand as we offer 50+ brands.
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.
HQ office in Central Lagos, Nigeria (rental space), we have 3 branches in Lagos and 2 in Abuja. All stores are in rented spaces.
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.