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Newly Established Recruitment Agency Investment Opportunity in Port Moresby, Papua New Guinea

Recruitment and technology company, staffing solutions for the mining, oil & gas and construction industries.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 153 thousand
EBITDA Margin 40 %
Industries Recruitment Agencies
Locations  Port Moresby
Local Time 2:31 AM Australia / Darwin
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 64 thousand for 10.0% stake (Native Currency: PGK 250,000)
Reason: The investor would receive equity in both the Australian company and the PNG company. The Australian... View More
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Business Overview
- The company has built the largest social media platform in Papua New Guinea for labor hire and construction staffing solutions, with over 16K followers on Facebook.
- We have sourced and reviewed thousands of candidates who are job-ready and available to commence project assignments.
- The client will pay us an hourly rate for the candidates.
- For example, the client gives us PGK 40/hour for the candidate and the candidate's hourly rate will be PGK 20. Hence, we retain a 100% gross margin.
- Although we established our company last year we started our operations 3 months back.
- The company has all the necessary licenses and certifications.
Products & Services Overview
Recruitment and workforce solutions provider committed to providing reliable staffing solutions to the construction industry.
Our mission is to deliver skilled and reliable workers to meet the dynamic needs of our clients for the most complex engineering challenges.
Why us?
Skilled Workforce:
We specialize in providing highly skilled PNG nationals, including blue-collar, site supervisor, white-collar, and professionals with expertise in mining, heavy industry, mineral resources, and, oil and gas sectors.
Compliance:
We not only adhere to all relevant local labor laws, but we also strive to improve on them. By offering our workers the chance to earn a living wage whilst enjoying the benefits of ongoing training, up-skilling, and development.
Opportunities: we view each team member as an asset, not a number!
We have a policy of providing sustainable staffing solutions for our clients.
We do this by remaining ethical, valuing our workforce, and building lasting relationships. We listen, we understand, and we care! For these reasons, we have an extremely low staff turnover compared to industry averages. As we say, “A happy worker is a loyal worker. ”
Safety:
Our staff operates under robust safety systems and comprehensive training to protect the well-being of our workers, promoting a secure work environment. Safer together!
Flexibility and Scalability:
The company excels in adapting to evolving client requirements, offering flexible labour solutions that can scale to meet project demands.
Assets Overview
The company has a patent pending for AI technology in Australia. We own and operate several websites.
The group owns and operates social media pages across Australia and PNG, with over 270,000 followers collectively.
Facilities Overview
We have secured a JV agreement with a long-standing training provider in Port Morseby where we share office space.
Capitalization Overview
No debt and the business has been owner-funded. We have two Australian directors with equal shareholding.
Recent Activity
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4 Investors already contacted this Business. Register below to connect now!
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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