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NOI retailer in Riga
100% Funded

100%
100%
Need: €0.00
Min.: €0.00
Interest rate: 14%
Period: 12 months
Funded
Target: €50 000
Min. target: €30 000
Opens: 2019/11/22
Expires: 2019/12/04
Type: Specialized
Location: Riga, Latvia
Investments: 388

 

Summary

The Company will be making additional investments to open second NOI store in Riga, Latvia. New store will be located in shoping center “Galerijas Centrs” who is located in oldtown of Riga.

Current investment opportunity offers CROWDESTOR investors to make a loan with 14% annual interest rate. 

Minimum target to be raised in CROWDESTOR platform is EUR 30 000,00 and the maximum target is EUR 50 000,00.

 

 

Loan

Minimum target: EUR 30'000

Maximum target: EUR 50'000

Loan term: 12 months.

Interest rate: 14% per annum.

Interest payments: paid monthly after the first 3 months. For the first 3 months, interest will be paid together in one payment.

Crowdestor BuyBack fund: Yes

Loan repayment: At the end of the Loan Period. Starting from fourth-month borrower each month will be repaying 3’300 EUR from the Loan amount.

Security: The loan is secured by a guarantee of the borrower company and a personal guarantee.

 

ABOUT THE COMPANY

 

Company BRANDSELLER is franchise partner of GEMO brand, one of the biggest fast fashion retail brands in France. We are the only and direct distributor for Baltic countries. During 2019 we already opened 3 shops (two of them is GEMO and GEMOkids). Shops are located In Latvia and Lithuania, one in Riga old town shopping center “Galleria Riga” (1100 square meters) and second GEMOkids store in shopping center “Riga Plaza” (400 meters). 4th store that owns company BRANDSELLER will be also opened in Riga on November 2019. Plan to expand more in Lithuania,  Vilnius in 2020. Company owns one store in capital and the biggest city of Lithuania - Vilnius, shopping center “Europa”. Now negotiations are in the process with one of the most well known shopping centers in the area. 

Our purpose to make additional investments in working capital with the possibility to buy more products as well as make more wider offer of the above products in shops, which also help at the same time to optimize product delivery and as a result to improve sales volume/increase turnovers/attract new clients and finally increase the brand name among the potential customers in Baltic countries.

 

ABOUT THE BRAND

 

 NOI / All about us ”means“ WE ”in Italian. Like this store, it's all about us men and women and us. The main idea of the salon is to create an assortment of men and women who are not afraid to stand out but also love the subtle classics. We want every customer to be heard and to find a part of themselves. As a result, brands are diverse and will be constantly supplemented by others.

Each brand in the showroom represents or reflects the lifestyle of one of us:

  • Kontatto is one of the brands not afraid to experiment and be noticed.
  • Sandro Ferrone Rome - not only elegance, but also exceptional construction.
  • Lavard is a masculine classic with a high level of material quality and exceptional attention to detail.
  • Each salon brand represents or reflects the lifestyle of one of us.

NOI in Riga, Latvia (first store):NOI in Vilnus, Lithuania:

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