Newly Established Vehicle Rental Company Seeking Loan in Port Moresby, Papua New Guinea
Established | 0-1 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 59 thousand |
EBITDA Margin | 10 % |
Industries | Vehicle Rental |
Locations | Port Moresby |
Local Time | 11:03 AM Pacific / Port Moresby |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Offers long-term vehicle hire and lease services appealing to both corporate clients and individual business owners.
- Currently serving 5 corporate clients, alongside a growing base of individual clients.
- Clients are charged on a monthly basis, promoting consistent cash flow.
- Positioned for expansion in a market with increasing demand for flexible vehicle rental solutions.
- The business is also registered for real estate rental activities but has not started yet, although there are a few owned.
Catering primarily to corporate clients and individual business owners in Port Moresby.
Corporate clients use these services to meet their transportation needs for extended periods, while individual business owners benefit from flexible vehicle solutions without the burden of ownership.
- Own vehicles fleet - PGK 150k.
- Own facility and vacant land for expansion - PGK 500k.
No outstanding loans.
There is 1 owner in the business.