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IT Retail Business Investment Opportunity in Port Moresby, Papua New Guinea

Small technology business in Port Moresby specializing in IT products and services, seeks investment.
This Business is on a Premium Plan
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
Overall Rating
Partial Stake Sale
USD 120 thousand for 20.0% stake (Native Currency: PGK 500,000)
Reason: Seeking investment to expand into other locations within Papua New Guinea and Pacific regions, aimin... View More
Includes physical assets worth USD 28.7 thousand
Interested to connect with advisors
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Business Overview
- Established technology business located at Six Mile SME Incubation Center, Port Moresby, operational for 4 years.
- 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.
Products & Services Overview
Specializes in selling computers, laptops, software, and providing IT services such as email, website design, and custom software solutions. Majority of revenue is generated from sale and installation of computers and laptops.
Most of our clients are small to medium businesses as well as government and educational institutions.
Assets Overview
Tangible assets:
- 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.
Facilities Overview
We have two small rented office suites. First one is 4 x 7 sq m and the second is 5 x 7 sq m. They are morden kiosks which we operate in.
Located at Six Mile SME Incubation Center, Port Moresby.
Capitalization Overview
Currently, business is solely funded through sales.
No loans.
There is 1 owner, holding 100% shares in the business.
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1 Investor viewed this Business this week. Register below to connect now!
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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