Newly Established Gas Station Equity Stake For Sale in Wewak, Papua New Guinea
Investment opportunity: Upcoming highway-front fuel station revival and commercial hub development project in Wewak.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Gas Stations + 1 more |
| Locations | Wewak |
| Local Time | 3:17 PM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
1.5 million
for
40.0%
stake
(Native Currency: PGK 6,500,000)
Reason: - The investment is sought to finance the redevelopment and relaunch of a strategically located but ...
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Includes physical assets worth
USD
2.4 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Taxpayer Registration
(47.1 KB)
Business Overview
- Located along the west coast road in Wewak, Papua New Guinea, the business owns approximately 10 acres of prime highway-front land suitable for redevelopment into a modern fuel station and commercial hub.
- The site previously operated as a fuel station about 40 years ago under the promoter’s father and still contains two underground 6,000-liter fuel tanks, providing a historical operational base for revival.
- The redevelopment plan includes installing 4 fuel dispensing pumps, two for gasoline and two for diesel to serve highway traffic and the surrounding communities, including those traveling toward Aitape.
- Beyond fuel sales, the project envisions a multi-service center featuring tyre repair services, a takeaway snack bar, a quick-service restaurant, a coffee shop, a roadside butchery, and a small liquor shop to create a one-stop destination for travelers and locals.
- Beyond the service station, the property also allows for a potential later-phase development of around 50 rental office units, offering future recurring rental income opportunities.
- The business already holds a registered business name and taxpayer registration, ensuring readiness for legal operation once funded.
- Full financial support is being sought to rebuild and relaunch the refueling station and associated commercial facilities, positioning the project to benefit from growing transport activity and regional development along this highway corridor.
- The site previously operated as a fuel station about 40 years ago under the promoter’s father and still contains two underground 6,000-liter fuel tanks, providing a historical operational base for revival.
- The redevelopment plan includes installing 4 fuel dispensing pumps, two for gasoline and two for diesel to serve highway traffic and the surrounding communities, including those traveling toward Aitape.
- Beyond fuel sales, the project envisions a multi-service center featuring tyre repair services, a takeaway snack bar, a quick-service restaurant, a coffee shop, a roadside butchery, and a small liquor shop to create a one-stop destination for travelers and locals.
- Beyond the service station, the property also allows for a potential later-phase development of around 50 rental office units, offering future recurring rental income opportunities.
- The business already holds a registered business name and taxpayer registration, ensuring readiness for legal operation once funded.
- Full financial support is being sought to rebuild and relaunch the refueling station and associated commercial facilities, positioning the project to benefit from growing transport activity and regional development along this highway corridor.
Products & Services Overview
- The business will provide fuel sales (gasoline and diesel), vehicle services such as tyre repair, and convenience offerings including a takeaway snack bar, quick-service restaurant, coffee shop, butchery, and liquor shop, at its highway site.- These services will primarily be used by highway travelers, transport operators, nearby communities, and businesses operating between Wewak and Aitape, who will stop for refueling, vehicle support, food, and retail needs, making the project a one-stop roadside commercial hub.
Assets Overview
- Physical assets include an owned land parcel of more than 10 acres valued at ~ PGK 10 million with a non-operational fuel service station site.- Intangible assets include business name and taxpayer registration.
- The property is proposed to be contributed to the revival of the fuel service station venture in exchange for investment, with the investor receiving an ownership stake in both the assets and the business.
Facilities Overview
The business will operate from its own land site of about 10 acres, with the fuel station occupying approximately 50 × 40 meters. The existing facilities are non-operational and require investment for redevelopment.
Capitalization Overview
The company has two partners—the promoter and his brother.No loans or external funding have been raised.
Tags:
Newly Established Commercial Real Estate Investment Opportunity in Wewak, Papua New Guinea
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·Newly Established Petrol Bunk Investment Opportunity in Wewak, Papua New Guinea
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