Real Estate Rental Company Investment Opportunity in Koroba, Papua New Guinea
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Public Limited Company |
Reported Sales | USD 237 thousand |
Run Rate Sales | USD 240 thousand |
EBITDA Margin | 40 % |
Industries | Real Estate Rental + 1 more |
Locations | Koroba |
Local Time | 8:01 AM Pacific / Port Moresby |
Listed By | Business Owner / Director |
Status | Moderately Active |
- It offers 40 guest house-quality rooms primarily leased by government clients, including the Police and Defense Forces.
- The current facilities cater to government personnel providing security to various Government Institutions.
- A mechanical workshop, warehouse, and field service stations are under development, which will be available for lease to both government and private sectors.
- The business generates a consistent monthly rental income ranging between PGK 80,000 to PGK 90,000.
- Compliance and legitimacy are assured as the business holds the IPA, IRC - TIN, and Certificate of Compliance.
- Employing a workforce of 10, this business holds potential for expansion with its ongoing projects.
Services:
- Guest house with 40 quality rooms.
- Mechanical workshop, warehouse, and field service stations are currently under development.
Current clients:
- Government departments, such as the Police and Defense Forces.
- Private companies in need of logistical support, vehicle maintenance, or storage facilities.
No outstanding loans or liabilities.
There are 5 directors/shareholders in the business.