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Industrial Clothing Business Seeking Loan in Port Moresby, Papua New Guinea

Procurement and supplies; laboratory goods & consumables, textiles, corporate merchandise and supply chain management consulting.
This transaction has concluded.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 280 thousand
EBITDA Margin 20 - 30 %
Industries Apparel Wholesale + 1 more
Locations  Port Moresby
Local Time 2:49 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 140 thousand for 15.75% annual interest, 5 years (Native Currency: PGK 600,000)
Reason: There is potential for business expansion outside Port Moresby. Eighty percent of the loan will be t... View More
Collateral Available: USD 47 thousand
Includes physical assets worth USD 88 thousand
Interested to connect with advisors
Documents
Business Overview
- Supplier of corporate clothing, school uniforms, laboratory goods and consumables.
- Our customers include schools, government agencies, and corporates.
- Director and employees together have 30 years of industry experience and local PNG knowledge to drive business expansion.
- The customer base has dramatically increased over the last 10 years.
Products & Services Overview
Laboratory goods and consumables for medical, analytical and school science labs, corporate clothing, school uniforms and merchandise. We also consult on supply chain management.
Assets Overview
Office equipment and the office vehicle are worth PGK 75,000, a fixed-term deposit of PGK 300,000 that matures in 2 years.
Facilities Overview
Currently lease an office for 6 employees and a storage facility enough to store and distribute supplies from 2x 20ft containers.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Consulting, Port Moresby, Financial Consultant connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
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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