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GPS Devices Startup Investment Opportunity in Port Moresby, Papua New Guinea

New and Looking For Investors To Build Up.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 60 thousand
Run Rate Sales USD 65 thousand
EBITDA Margin 15 %
Industries GPS Devices
Locations  Port Moresby
Local Time 1:06 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 11 thousand for 50.0% stake (Native Currency: PGK 40,000)
Reason: Want to expand the business, for working capital, and to buy more assets for the business.
Includes physical assets worth USD 6 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- The business is up and running.

- We have 8 major clients at the moment and it's rapidly growing beyond expectations.

- More walk-in clients for boat tracking, asset tracking, and personal trackers.

- We plan to expand into drone hires and also eye-in-the-sky surveillance.

Products & Services Overview

Fleet management, vehicle tracking, boat tracking, asset tracking, and personal tracking.

Assets Overview

Tangible- Tracking devices worth PGK 18,000, computers, and 1 vehicle.

Facilities Overview

The office is located in the north of the city on a 600 sqft area with a monthly rent of PGK 2,500.

Capitalization Overview

- The capital was funded by the owner.

- The business does not have any loans because it was funded by the owner.

Recent Activity
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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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