Newly Established Agriculture Wholesale Company Equity Stake For Sale in Lae, Papua New Guinea
Non-operational vegetable supply business sourcing from Highlands farmers, serving B2B and B2C customers, seeks investment.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 2 - 3 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Agriculture Wholesale |
| Locations | Lae |
| Local Time | 2:01 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Partial Stake Sale
USD
4.5 thousand
for
10.0%
stake
(Native Currency: PGK 20,000)
Reason: Seeking investment to restart operations, meet transportation and working capital requirements, expa...
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Includes physical assets worth
USD
6.7 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Certificate of Incorporation
(69.9 KB)
Business Overview
- Located in Lae, the business was focused on procuring fresh vegetables directly from farmers in the Highlands and supply in Lae.
- The business served both B2B and B2C customers, supplying vegetables to other retailers and selling directly to end customers through stalls set up in local markets.
- The business commenced operations in August last year, generating approximately PGK 10,000 in revenue during its operating period.
- Operations have been on hold for the past few months due to rising fuel prices. The business is now planning to restart operations.
- The business handles the payment and repacking of potatoes into aerated bags to facilitate smoother transportation and shipment.
- Also exploring new wholesale markets to expand its vegetable offerings and customer base.
- The business is registered with the Investment Promotion Authority (IPA).
- With renewed operations and access to the required working capital, the business aims to resume trading and expand its wholesale and retail market presence.
- The business served both B2B and B2C customers, supplying vegetables to other retailers and selling directly to end customers through stalls set up in local markets.
- The business commenced operations in August last year, generating approximately PGK 10,000 in revenue during its operating period.
- Operations have been on hold for the past few months due to rising fuel prices. The business is now planning to restart operations.
- The business handles the payment and repacking of potatoes into aerated bags to facilitate smoother transportation and shipment.
- Also exploring new wholesale markets to expand its vegetable offerings and customer base.
- The business is registered with the Investment Promotion Authority (IPA).
- With renewed operations and access to the required working capital, the business aims to resume trading and expand its wholesale and retail market presence.
Products & Services Overview
The business provided repacking of fresh vegetables and sold them to individual customers, retailers and business clients. The top-selling product was potatoes.
Assets Overview
Physical assets include 2 sedans, a laptop, a desktop computer, potato bags, a wireless router for communication, a mobile phone, and office stationery.Intangible assets include established relationships with vegetable farmers and customers, and supplier networks.
Facilities Overview
Operated from a two-room ground-floor office and an open yard with a shed for vegetable trading, located within the owner’s residential premises. The business is also negotiating lease agreements for a dedicated facility.
Capitalization Overview
The promoter is the sole shareholder and invested the capital required to operate the business. The business has no outstanding loans.
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