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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.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 340 thousand
EBITDA Margin 30 %
Industries Apparel Wholesale + 1 more
Locations  Port Moresby
Local Time 10:14 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 170 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 56 thousand
Includes physical assets worth USD 110 thousand
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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.

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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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