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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 60 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 17 %
Industries Household Electronics Repair + 1 more
Locations  Port Moresby
Local Time 9:05 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 26 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 13 thousand
Includes physical assets worth USD 26 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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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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