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Commercial Land Investment Opportunity in Kainantu, Papua New Guinea

Seeking investor to expand and construct a 12-suite commercial building on a 15,000m2 land.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Commercial Land
Locations  Kainantu
Local Time 11:31 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 950 thousand for 50.0% stake (Native Currency: PGK 3,785,000)
Reason: Expansion and construction of double storey commercial building (12 suites) and funding working capi... View More
Includes physical assets worth USD 1 million
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Currently, there is a supermarket operating on a small portion of the land for the past 10 years which generates PGK 99,000 annually.
- We plan to discontinue the supermarket and utilize the 15,000m2 land for the construction of a commercial building to rent out.
- The location is a prime area for commercial buildings and there is a high demand from clients like Chinese, Indian, and Bangladesh companies, who want to rent and operate wholesale and retail businesses.
Products & Services Overview
We currently operate a supermarket. We plan to construct a commercial building with 12 suites.
Assets Overview
15,000m2 land. The business owns other types of assets related to the supermarket which will be discontinued.
Facilities Overview
Owned land of 15,000m2 which has a value of PGK 4 million.
Capitalization Overview
Land of a single owner with no current loan or liabilities.
Recent Activity
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2 Investors already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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