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Duty Free Shop Seeking Loan in Nadzab, Papua New Guinea

Duty-free shop receiving around 100-150 customers daily seeks a loan.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 29 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 40 %
Industries Duty Free Shops
Locations  Nadzab
Local Time 4:33 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 72 thousand for 5.0% annual interest, 4 years (Native Currency: PGK 300,000)
Reason: Need funds to get more products.
Collateral Available: USD 7.2 thousand
Includes physical assets worth USD 29 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Has a diverse and loyal clientele, including frequent travelers, airport visitors, and residents looking for quality products and convenience.
- We receive around 100-150 customers on a daily basis.
- Around 6 vendors supply the products to us.
- Over 50 varieties of products are displayed in our shop.
- We purchase the products from the vendors at a very reasonable price.
- We have a registration certificate and certificate of good standing.
Products & Services Overview
Offers a diverse selection of top-selling products, including travel essentials, snacks, drinks, souvenirs, electronics and gifts. Our store goods are curated for convenience and value, providing a one-stop shopping experience for airport visitors and travelers.
Assets Overview
Tangible assets include stock, display racks, CCTV cameras, etc.
Facilities Overview
The facility is located in a prime location with a built-up area of approximately 2,000 square feet. The store is situated on the ground floor of a commercial building and is easily accessible to foot traffic and vehicles. The facility has a modern and well-designed layout, with designated areas for different product categories. It is rented.
Capitalization Overview
- The business is initially funded through personal savings and investments from the owner.
- No loan.
- One shareholder only.
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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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