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Newly Established Vegetable Farm Investment Opportunity in Kundiawa, Papua New Guinea

Emerging Goroka-based vegetable farming venture in Goroka, seeking investment to start the operations.

Established 0-1 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Vegetable Farms
Locations  Kundiawa
Local Time 10:29 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 24 thousand for 10.0% stake (Native Currency: PGK 100,000)
Reason: To start the operations by organizing local farmers into clusters for large-scale production and ste... View More
Includes physical assets worth USD 240 thousand
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Business Name
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Business Overview
- Emerging vegetable farming venture based in Goroka with over 100 acres of fertile traditional land poised for large-scale agricultural production.
- Strategic plan to organize 6,000 local farmers into cooperative clusters to ensure sustained vegetable supply and boost local employment, enhancing community collaboration.
- Seeking investment at pre-revenue stage to acquire necessary farming equipment such as small hand tractors, fertilizers, and pesticides, crucial for initiating farming operations.
- Ambition to purchase additional farm assets including transport trucks and more hand tractors to streamline supply chain and enhance logistics efficiency.
- Focused on establishing local and international supply agreements, tapping into lucrative markets in Port Moresby and other major cities across Papua New Guinea (PNG).
- Targeting strategic partnerships with established hotels and food businesses for consistent produce distribution, aiming to fill the demand-supply gap in the hospitality industry.
- Planning to add the associated family members will be added to the company and it will be register as private limited.
Products & Services Overview
Set to cultivate key crops such as English potatoes, round cabbage, broccoli, and onions across over 100 acres of fertile land. The business will ensure a steady supply of high-quality produce for both local and international markets. Its main clientele will include hotels, food businesses, and supermarkets in major cities like Port Moresby, looking to secure fresh, reliable vegetable sources.
Assets Overview
Physical assets include the 100 acres of family-owned land available to start the farming venture. The investor will be given stake in this land.
The business intends to purchase additional assets like a farm truck and hand tractors.
Facilities Overview
Own farmland of 100 acres located in Central Highlands.
Capitalization Overview
Self-funded.
No outstanding loans or liabilities.
There is 1 owner in the company.
Recent Activity
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1 Investor contacted this Business this month. 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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