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LPG Gas Agency Investment Opportunity in Lagos, Nigeria

Company providing on-demand last-mile LPG delivery to customers via an online LPG marketplace seeks investment.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 4.6 thousand
Run Rate Sales USD 6.4 thousand
EBITDA Margin 30 %
Industries LPG Gas Agencies + 1 more
Locations  Lagos
Local Time 6:10 PM Africa / Lagos
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 3.8 million for 7.0% stake (Native Currency: NGN 5,000,000,000)
Reason: Investment funds will be used for. -Recruiting talents to strengthen the team. -Situating Gaspal f... View More
Includes physical assets worth USD 3.8 thousand
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Business Overview

-1,200 onboarded users, we gained these users with the help of influencer marketing, pay per click ads, out of homes ads and social media marketing.

- 900 LPG delivery processed to customers' doorsteps.

- We have a fleet of 10 delivery bikes to complete on-demand orders.

- 10% monthly growth rate.

- $5,000 monthly revenue.

- $114,000 in total generated revenue.

- Revenue model is based on commissions on each processed delivery.

- We do not have any outstanding bank loans or debt.

Products & Services Overview

-A mobile app (LPG marketplace) that connects LPG consumers to suppliers on-demand.

-Smart on-demand logistics that fulfill customers' orders within 30 minutes.

-LPG tracker that helps consumers avoid unexpected runouts.

Assets Overview

Physical assets owned by us include the fleet of delivery bikes. Other assets include our mobile app, gas tracker (software and hardware), team, trademarked brand name, vision.

Facilities Overview

We have a rented office space of 500 square meters in Lagos.

Capitalization Overview
Not Disclosed
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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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