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Newly Established Fishing Company Equity Stake For Sale in Aitape, Papua New Guinea

Pre-revenue fishing venture seeks investment to launch operations and export premium bluefin tuna globally.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Fishing + 1 more
Locations  Port Moresby + 2 more
Local Time 7:25 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 700 thousand for 30.0% stake (Native Currency: PGK 3,000,000)
Reason: The company is seeking investment to raise capital for acquiring fishing vessels and related equipme... View More
Includes physical assets worth USD 2.1 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- The company is in the pre-revenue phase and plans to establish a high-value bluefin tuna export operation to Japan.
- We intend to undertake fishing activities in-house, with a primary focus on bluefin tuna, and subsequently export the produce.
- We will collaborate with local professional firms and SMEs through joint ventures.
- The business intends to use National Fisheries Authority facilities for EU-linked trial programs for tuna exports.
- It is registered as a private limited entity and holds a certificate of incorporation and a certificate of good standing.
- We will obtain the necessary fishing licenses once an investor comes on board.
Products & Services Overview
Primary service will be exporting bluefin tuna from Papua New Guinea to Japan, targeting high-demand B2B customers.
Assets Overview
- Tangible assets include own land and building, office fittings, IT and security equipment, and operational tools.

Intangible assets include the business plan, the private limited entity, the certificate of incorporation, and the certificate of good standing.
Facilities Overview
The company will operate from its own property in Port Moresby with the land area spanning 10,000 sq m. It will also use PNG National Fisheries Authority facilities in Madang and Aitape for fishing, which are provided by the government at no cost.
Capitalization Overview
The company is funded by 3 directors and does not have any loans.
Tags:

Newly Established Import / Export Company Investment Opportunity in Port Moresby, Papua New Guinea

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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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