Angel Bank

New catalogue-based venture in ethnic niche

This is a start-up retail and on-line catalogue business, similar to Argos but focused on ethnic minority products.

Key objectives:
To set up this business in Bristol, Birmingham and London

Total funding required: £200,000

Funding required for: Leasing retail property, buying stock and working capital

Revenue targets:
Year 1: £500,000
Year 2: £1,000,000
Year 3: £1,750,000

Product range: Ethnic minority hair and beauty products, priced from £5 to £50

Full business plan? No

The ideal investor will also have skills and expertise in the retail business and access to relevant contacts.

This business is very unique, being focused on ethnic minority products, will be very popular with the ethnic minority community.  Our catalogue will be distributed directly into homes and also available in-store. The Argos business model is proven very successful and we want to replicate this for a targeted niche. 

For more details, contact:

Phil Mattis

07722 123459

This e-mail address is being protected from spam bots, you need JavaScript enabled to view it