Auto Repair and Service Company Equity Stake For Sale in Port Moresby, Papua New Guinea
Seeking investor partner for automotive business to expand operations and setup an independent workshop.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 12 thousand |
| Run Rate Sales | USD 15.7 thousand |
| EBITDA Margin | 30 % |
| Industries | Auto Repair and Service |
| Locations | Port Moresby |
| Local Time | 7:21 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
119 thousand
for
50.0%
stake
(Native Currency: PGK 500,000)
Reason: Seeking an investor partner who helps finance the business. The funds will be used to set up our own...
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Business Overview
- Offering a wide range of vehicle parts and mobile repair services for vehicles.
- Experienced mechanics on a contract basis provide vehicle parts and repairs on-site.
- 50% of sales come from the sale of vehicle parts. All parts are acquired online.
- Experiencing slow growth due to a lack of capital.
- Receiving positive customer feedback.
- Seeking capital to expand operations.
- Founded by experienced professionals with extensive knowledge of automotive-related products and services.
- Experienced mechanics on a contract basis provide vehicle parts and repairs on-site.
- 50% of sales come from the sale of vehicle parts. All parts are acquired online.
- Experiencing slow growth due to a lack of capital.
- Receiving positive customer feedback.
- Seeking capital to expand operations.
- Founded by experienced professionals with extensive knowledge of automotive-related products and services.
Products & Services Overview
Sale of vehicle parts, mobile repair services for cars, and other motor vehicles.
Assets Overview
The business does not own any physical assets. The mechanics have their own tools. They are compensated for their labour charges.
Facilities Overview
We are operating from our home in Port Moresby to save costs. Our mechanics visit the customer on-site and resolve the issues. Our services are provided all across Port Moresby. Spare parts are also either directly supplied or installed by us on-site.We plan to set up a workshop in Port Moresby (with funds that we get). The workshop site has been identified.
Capitalization Overview
- Two directors and one secretary we fund the running of the company with the little money we earn with our jobs.- The company has two equal owners.
- No loans or debts taken by us.
Recent Activity
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Earlier than 15 daysConsulting, Port Moresby, Financial Consultant connected with the Business
Tags:
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