Auto Accessories Shop for Sale in Lae, Papua New Guinea
For sale: Light automotive spare parts business receiving 20-25 customers daily.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | USD 210 thousand |
| Run Rate Sales | USD 210 thousand |
| EBITDA Margin | 20 % |
| Industries | Auto Accessories Shops |
| Locations | Lae |
| Local Time | 11:44 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
94 thousand
(Native Currency: PGK 400,000)
Reason: The owner/director wishes to relocate back to his country of citizenship.
Includes physical assets worth
USD
73 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Company Extract
(83.6 KB)
Business Overview
- Company was formed 4 years ago by 2 foreigners who have good knowledge of PNG.
- Actual Business operation started 3 years ago.
- We receive around 20-25 customers daily.
- 5 local suppliers supply the products to us.
- Actual Business operation started 3 years ago.
- We receive around 20-25 customers daily.
- 5 local suppliers supply the products to us.
Products & Services Overview
Automotive spare parts for light vehicles cars.
Assets Overview
Assets include inventory worth PGK 270,000 and all setup.
Facilities Overview
We are centrally located just opposite one major tire brand distributor. The store is on ~300 sqft area. We pay a monthly rent of PGK 8,000.
Capitalization Overview
- Business is owned by 2 foreign nationals on a 50/50% share of profit.- We are not on any bank loan, except for our current liabilities which are mainly our suppliers.
Recent Activity
-
Earlier than 15 daysAccountant, Business Consulting, Port Moresby, Individual Investor / Buyer connected with the Business
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1 Buyer made an offer to this Business.
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