Newly Established Chocolate and Confectionery Company Seeking Loan in Port Moresby, Papua New Guinea
Start-up in Port Moresby producing cocoa chocolate bars for local and international sales.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Chocolate and Confectionery |
| Locations | Port Moresby |
| Local Time | 6:28 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
3.6 million
for
10.0%
annual interest,
10
years
(Native Currency: PGK 15,000,000)
Reason: - The owner is looking to secure funding to start the business operations and to purchase the necess...
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Collateral Available: USD 0
Includes physical assets worth
USD
4.3 million
Name, Phone, Email
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Business Name
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User Verification
Documents
Certificate of Incorporation
(81.7 KB)
Business Overview
- Located in Port Moresby, the business is set to operate in the chocolate and confectionery industry and will have a small team of 5 employees engaged in the downstream production of cocoa chocolate bars in various sizes and weights.
- The business plans to sell cocoa chocolate bars to local supermarkets in the country while also targeting international markets for future expansion.
- Alongside its focus on local and international markets, the company intends to export its products.
- In the future, the business aims to diversify its product line by including vanilla essences.
- The business will source its raw materials from Rabayul and aims to produce between five to seven metric tons of raw products per day at the outset.
- The business possesses all the necessary registrations, including incorporation documents and land titles for commercial use, among others.
- The business plans to sell cocoa chocolate bars to local supermarkets in the country while also targeting international markets for future expansion.
- Alongside its focus on local and international markets, the company intends to export its products.
- In the future, the business aims to diversify its product line by including vanilla essences.
- The business will source its raw materials from Rabayul and aims to produce between five to seven metric tons of raw products per day at the outset.
- The business possesses all the necessary registrations, including incorporation documents and land titles for commercial use, among others.
Products & Services Overview
The business aims to sell cocoa chocolate bars in various weights and sizes.
Assets Overview
The owner has two plots of land, each valued at PGK 9 million and covering an area of 21,528 square feet, designated for cocoa plantation.
Facilities Overview
- The land, situated in Rabayul, Papua New Guinea, spans an area of 21,528 square feet, and operations have yet to begin.- Both pieces of land purchased for plantation purposes cannot be liquidated; therefore, the owner is seeking external sources of funding.
Capitalization Overview
- Self funded.- Self owned.
- No outstanding loans or debts.
Recent Activity
-
Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
Tags:
Newly Established Chocolate and Confectionery Company Seeking Loan in Port Moresby, Papua New Guinea
·Lend to Newly Established Chocolate and Confectionery Company in Port Moresby, Papua New Guinea
·Newly Established Chocolate Company Seeking Loan in Port Moresby, Papua New Guinea
·Lend to Newly Established Chocolate Company in Port Moresby, Papua New Guinea
·Newly Established Chocolate and Confectionery Company Seeking Loan
·Lend to Newly Established Chocolate and Confectionery Company
·Newly Established Chocolate Company Seeking Loan
·Lend to Newly Established Chocolate Company
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