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Newly Established Petroleum Business Investment Opportunity in Yangon, Myanmar

Company looking for investors to import EN590 into Myanmar and generate profits of USD 2.5m.
This transaction has concluded.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Petroleum
Locations  Yangon
Local Time 6:50 PM Asia / Bangkok
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 9.5 million for 50.0% stake (Native Currency: MMK 20,000,000,000)
Reason: The owner has connections with both oil suppliers from foreign countries and buyers from Myanmar. W... View More
Includes physical assets worth USD 950 thousand
Interested to connect with advisors
Documents
Business Overview
- Looking for the investment to import EN590 10ppm diesel into Myanmar.
- Some of my partners will cooperate with me to get the license and import into Myanmar easily.
- Have ready buyers in Myanmar who will immediately buy when the shipment arrives.
- Myanmar will be in need of a huge supply of diesel very soon because it is completely dependent on Singapore for now and within the next 3 months Singapore will stop supplying diesel to Myanmar which will open a market share of 500k to 800k metric tonnes for the exporting country.
- The owner can make a contract with their existing buyers from Myanmar to pay at once after the dip test in Myanmar, Thilawa Port.
- The Yangon port can import a maximum of 25k metric tonnes per shipment and we are looking for an investor who can deliver this first batch.
- After its delivery, if the investor is interested in continuing the business he has huge opportunities here.
- One metric tonne is sold for USD 580 - USD 600 out of which USD 100 is the profit per ton for the business which will be split with the investor.
- Expected profitability from this project is USD 2.5M.
Products & Services Overview
Import of diesel EN590 10ppm CIF into Myanmar.
Assets Overview
Five 14,550L lorries.
One petroleum shop.
One land site at the factory area at Yangon covering 1 acre.
Facilities Overview
The company head office is in Ahlone township owned by the managing director and one land site at the factory area at Yangon that covers 1 acre.
Capitalization Overview
Invested own funds to trade petroleum products.
No debts and no loans from outside.
Our company is a sole proprietorship with a single owner.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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