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Newly Established Coffee and Tea Business Seeking Loan in Alotau, Papua New Guinea

Seeking Loan: Experienced promoter trading organic coffee beans and additional products, 3+ clients.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 800 thousand
EBITDA Margin 20 - 30 %
Industries Coffee and Tea
Locations  Alotau
Local Time 4:51 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 130 thousand for 15.0% annual interest, 5 years (Native Currency: PGK 500,000)
Reason: Need funds to build a new office for organic coffee and expand my bus service business. Our current ... View More
Collateral Available: USD 47 thousand
Includes physical assets worth USD 47 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Organic coffee bean trading business.

- We get the beans from local farmers and sell them directly to factories.

- Currently supplying to 3+ factories.

- We employ contract workers and part-time workers based on requirements.

- The promoter has 3 years of experience.

- Majority i. e. 25 % of the revenue is generated from coffee bean trading.

- The company also operates a 26 seater bus within the town.

Products & Services Overview

The company is involved in the trading of coffee, vanilla, cocoa, copra, mud crabs, sea lobsters, prawns, water eels, rosewoods, kwila, sea cucumbers, ebony wood, eagle wood, conch shells, and coconut shells.

Primarily selling to local factories.

Assets Overview

The business assets include:

26-seater company-owned bus, furniture and fixtures.

Facilities Overview

Rented 300 m2 coffee shed facility in Alotau.

Rent per month is PGK 3,000.

Capitalization Overview

Family funded business.

Sole shareholder with 100% stake.

No debts or loans.

Recent Activity
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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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