Lagos based Tier 1 Microfinance Bank For Sale
STATUS of Offer: AVAILABLE / DEAL OPEN
Title of your offer:
Lagos based Tier 1 Microfinance Bank For Sale
Nature of the business:
Microfinance Banking
Industry sector your business operates in:
Microfinance Banking
Year Business Was registered: 2020
Products and services offered by the company:
Microfinance Banking services
Number of years the business has been in operation: 6
City and State The Business is Located:
Lagos
Number of Staff Members: 15
Type and Value of Assets and Liabilities:
Microfinance Banking assets
Creditors and Debtors,
Available on request
Type and Number of Clients:
Available on request
Profitability of the business:
Profitable
Current Condition of the Business:
Operational
Reason and Purpose of Your Choice:
Business diversification
Price and Amount of Money/Investment you seek for the business:
N550 million excluding agency fees
Types of Company Records Available for Inspection:
License
Accounts
Approvals
Records
Are you acting as an Agent or are you the business owner?:Agent
Lagos based Tier 1 Microfinance Bank For Sale. The bank is operational with over 14,000 customers and staff. Acquirer has the option of buying the license only or acquiring the license together with the assets and liabilities. The MFB for sale details are as follows:
Offer: 100% Acquisition of a tier 1 unit Microfinance Bank in Lagos
*Location:* Lagos
*Tier* : 1 Unit
*Price* : ₦550 Million excluding agency fees
*Pricing:* Not Negotiable.
*Facility for Sale:* Licence Only.
There is also a window for further negotiations if the acquiring entity wishes to acquire the entire business which includes assets and liabilities.
*License:* Valid & Operational with CBN
*Documentation:* Documents are available are ready for review soon upon providing a Letter of interest and a commitment to pay the agency fee.
*Licence Status:* Final Approval by CBN.
*No of Deposit customers – 14,364
*No of Loan customers – 755
*Capitalization: – Fully Capitalised.
Agency Fee: – 10% agency fee Payable by Buyer
Ready and serious investors should contact:
BuyMyBusiness.Com.Ng Business Brokers
- 15/17, Ogudu Road, Ojota, Lagos State
- Tel: 08020698922
- Email: [email protected]
