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Facility Management Business Seeking Loan in Port Moresby, Papua New Guinea

Facility management company with govt clients in PNG seeks funds to scale operations.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 5 thousand
Run Rate Sales USD 20 thousand
EBITDA Margin 19 %
Industries Facility Management
Locations  Port Moresby
Local Time 7:44 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 4 thousand for 10.0% annual interest, 3 years (Native Currency: PGK 15,000)
Reason: We would like to buy some trucks to expand operations.
Collateral Available: USD 4 thousand
Includes physical assets worth USD 13 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Facility management company specializing in property management, cleaning, and tree looping services.
- Experience of 5 years in the industry for the promoters.
- Clients include Magisterial Services of Papua New Guinea (PNG), The PNG National Government, International Education Agency of PNG Limited, The Jiwaka Provincial Government, PNG Rehabilitation Center Inc. , various churches, business houses, and individuals.
- Holds licenses for tax and business registration.
- We secure at least 1 contract per week.
- Each contract is valued between PGK 1,500-10k.
- Stable revenue stream ensures the capability to easily repay loan amounts.
Products & Services Overview
Facility management services:
- Managing rentals, including billing, invoicing, and timely collection.
- Setting optimal rental rates based on market research.
- Addressing delinquent tenants through follow-ups, locating absconders, and taking legal action.
- Handling maintenance issues such as lawn care, pressure washing, graffiti removal, preventive maintenance, air conditioning, pest control, electrical, plumbing, and sewage maintenance.
- Renovation and maintenance.
- Cleaning indoors and outdoors.
- Tree Looping.
- Primary clientele consists of government agencies and multinational corporations (MNCs).
Assets Overview
- 20x40 urban land with ILG title.
- 1 hectare of customary land.
- Isuzu NPR truck.
- Various power tools.
- Various manual tools.
- Brick machine.
- 2 Stihl chainsaws.
- 2 Stihl grass cutters.
- Various safety equipment.
- Wood planer.
- Cement mixer.
- Additional miscellaneous equipment.
All assets are illiquid, hence we need external funds.
Facilities Overview
1 x warehouse (7m x 14m = 98m²)
Located in Northwest Port Moresby.
Owned by the proprietor.
Capitalization Overview
Business is 100% owned by a single owner and does not have any debt. It is fully funded with ongoing projects.
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1 Investor viewed this Business this week. 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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