Newly Established Take Away Seeking Loan in Lae, Papua New Guinea
Emerging takeaway coffee shop seeks funding to expand across multiple outlets in strategic locations.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 2.16 thousand |
| EBITDA Margin | Nil |
| Industries | Take Aways |
| Locations | Lae |
| Local Time | 10:18 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
11.3 thousand
for
10.0%
annual interest,
5
years
(Native Currency: PGK 50,000)
Reason: Seeking funding to:
* Expand operations by opening cafés and kiosks at airports, transport terminal...
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Collateral Available: USD 2.25 thousand
Includes physical assets worth
USD
180 thousand
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Business Overview
- Newly established coffee shop in Lae, Papua New Guinea, operating for the past three months and currently seeking funding to support expansion.
- The business aims to become one of Papua New Guinea's most loved café brands by offering exceptional coffee, quality food, and memorable customer experiences that reflect the country's hospitality.
- Serves premium coffee sourced from Papua New Guinea's renowned coffee-growing regions, along with fresh, affordable food and beverages.
- Currently operates as a takeaway-only café, serving approximately 10 orders per week and generating around PGK 200 in weekly revenue.
- Projects monthly revenue of approximately PGK 2,000 as operations expand and customer reach increases.
- Plans to establish cafés and kiosks at airports, transport terminals, and universities across Papua New Guinea to increase brand presence and accessibility.
- Focuses on promoting local culture, products, and entrepreneurship while creating a welcoming space for business professionals, students, families, and visitors.
- The business is currently owner-operated, with the owner serving as the only permanent employee and receiving operational support from family members.
- Applications for business registration and food permits have been submitted and are currently under process, with approvals expected to support future expansion.
- The business aims to become one of Papua New Guinea's most loved café brands by offering exceptional coffee, quality food, and memorable customer experiences that reflect the country's hospitality.
- Serves premium coffee sourced from Papua New Guinea's renowned coffee-growing regions, along with fresh, affordable food and beverages.
- Currently operates as a takeaway-only café, serving approximately 10 orders per week and generating around PGK 200 in weekly revenue.
- Projects monthly revenue of approximately PGK 2,000 as operations expand and customer reach increases.
- Plans to establish cafés and kiosks at airports, transport terminals, and universities across Papua New Guinea to increase brand presence and accessibility.
- Focuses on promoting local culture, products, and entrepreneurship while creating a welcoming space for business professionals, students, families, and visitors.
- The business is currently owner-operated, with the owner serving as the only permanent employee and receiving operational support from family members.
- Applications for business registration and food permits have been submitted and are currently under process, with approvals expected to support future expansion.
Products & Services Overview
Beverages (currently offered):* Premium PNG coffee.
* Espresso.
* Cappuccino.
* Latte.
* Mocha.
* Tea selection.
* Fresh juices.
* Smoothies.
* Soft drinks.
Food menu (planned):
* Breakfast meals.
* Sandwiches.
* Burgers.
* Salads.
* Local delicacies.
* Cakes and pastries.
* Desserts.
Additional services (planned):
* Catering services.
* Coffee takeaway services.
* Business lunch packages.
Assets Overview
Physical assets include: Owned land and building valued at approximately PGK 750,000, kitchen equipment, furniture, packaging materials, and inventory.The value of the physical assets exceeds the loan amount. However, these assets are essential for the day-to-day operations of the business and cannot be liquidated.
Intangible assets include: Brand identity and supplier relationships.
Facilities Overview
The business currently operates from owned premises and plans to expand by establishing cafés and kiosks in rented locations across airports, transport terminals, and universities.
Capitalization Overview
The business is currently a self-funded SME with a single owner.
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