IT Retail Business Investment Opportunity in Port Moresby, Papua New Guinea
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 148 thousand |
Run Rate Sales | USD 148 thousand |
EBITDA Margin | 40 % |
Industries | IT Retail + 1 more |
Locations | Port Moresby |
Local Time | 12:20 PM Pacific / Port Moresby |
Listed By | Business Owner / Director |
Status | Recently Active |
- Specializes in selling computers, laptops, and software, and providing IT services such as email, website design, and custom software solutions.
- Majority of revenue is from the supply/sale of computers, laptops and associated hardware. Biggest order received till date was 100 computers.
- Between January and March, we made PGK 243,000 in sales which is a milestone earnings in 3 months as a small business.
- Primarily serves small businesses; notable clients include IBS University, Lakatoi Business College, and entities like Nintal Enterprises Limited, Asila Security Limited, Jonelda Home and Office Supplies, and Tactical Solutions International.
- Seeking investment between PGK 500,000 to PGK 1,000,000 to expand into other centers within Papua New Guinea and Pacific regions, aiming for 25% revenue growth next year.
- Current annual revenue is distributed quarterly, and the business employs 5 people.
- Serves around 150 clients subscribed to email services.
- Facing supply chain challenges and limited resources for expansion.
- Open to offering equity shares to investors and seeks expert business management guidance by next year.
Most of our clients are small to medium businesses as well as government and educational institutions.
- Equipment and inventory: Computers, laptops, office equipment, furniture, computers, monitors, car, office supplies and stationery.
- Tech hub shop: Computer rental stations, internet connections, computers and printers.
Intangible assets:
- Brand and reputation: The established name and its tagline: "The Digital Solutions Provider. "
- Client base: Existing customer relationships, contracts, and ongoing projects (e. g. , website hosting, social media strategies, etc. ).
- Intellectual property:
Website designs and hosting services.
Software or systems developed (e. g. , the Health Information System for Evangelical Brotherhood Church Health Services).
- Domain names and online presence: The. pg domain hosted on Hostinger.
- Social media profile, followers, and engagement.
Recurring revenue streams:
Annual business email subscription fees.
Hosting and website development contracts.
Located at Six Mile SME Incubation Center, Port Moresby.
No loans.
There is 1 owner, holding 100% shares in the business.