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Construction Material Processing Business Seeking Loan in Wewak, Papua New Guinea

Twenty years old concrete blocks manufacturers with new business lines seek loan to acquire assets.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 90 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 40 %
Industries Construction Material Processing + 1 more
Locations  Wewak
Local Time 5:05 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 85 thousand for 12.0% annual interest, 5 years (Native Currency: PGK 300,000)
Reason: To purchase a 4WD backhoe loader, 10 ton mini dump truck and 1 set of mini chicken feed mill.
Collateral Available: USD 280 thousand
Includes physical assets worth USD 570 thousand
Interested to connect with advisors
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Business Overview

- Initially we started the business in concrete blocks manufacturing over 20 years ago. We registered the business two years ago and added two more business lines of chicken broiler meat trading and property rental (a portion of our land is on rent).

- As a startup business in chicken meat trading, we market and sell what we produce to the local provincial customers who are the end users.

- Production capacity is less and we sell the products loose in the market without any branding. Our suppliers are from Lae city.

- We have ordered feathers plucking machines, packaging, and labels from China. These equipment are being shipped to us. We plan to organize the business using these equipment and increase our production.

- Have high growth rate compared to last year as we have higher orders for concrete blocks business and the addition of new business lines especially property rental has increased our revenues.

Products & Services Overview

Main business is to manufacture and retail concrete masonry blocks for building construction and we have started to produce chicken meat and rice along with property rental business.

Assets Overview

We own land, building, equipment, tools and concrete blocks.

Facilities Overview

1 hectare 99 year lease state land with office, chicken farm house, brick factory and machinery with water, power and within Wewak township.

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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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