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HVAC Equipment Business Seeking Loan in Port Moresby, Papua New Guinea

Business specializing in electrical and refrigeration service and maintenance jobs seeks funds for expansion.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 55 thousand
Run Rate Sales USD 104 thousand
EBITDA Margin 17 %
Industries Household Electronics Repair + 1 more
Locations  Port Moresby
Local Time 6:46 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 25 thousand for 10.0% annual interest, 5 years (Native Currency: PGK 100,000)
Reason: To purchase a franchise in the same field for expansion. Seeking financial and knowledge assistance ... View More
Collateral Available: USD 12.4 thousand
Includes physical assets worth USD 25 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Business Overview
- Papua New Guinea based 5 year old repair business.
- We are currently engaged with government and private sector orders.
- We work on monthly maintenance of air conditioning units, electrical repairs, general service and maintenance.
- Working with many clients with multiple ongoing projects.
- Promoter has 10+ years of industry experience.
Products & Services Overview
Install air conditioning/electrical units during construction phases.
Carry out service and repairs of electronics and HVAC.
Assets Overview
No major physical assets at the moment except a few tools. Looking for investors to purchase more assets.
Facilities Overview
Currently operating at home. Planning to acquire a space to set up a workshop.
Capitalization Overview
Currently operating on an on-call basis.
Funds are flowing in through our current and ongoing contracts for the last two years.
Business is debt free and has a single 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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