Small Commercial Real Estate Equity Stake For Sale in Pomio, Papua New Guinea
Established property company involved in construction and renting out commercial property seeks funds for expansion.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 3 - 4 thousand |
| Run Rate Sales | USD 7.3 thousand |
| EBITDA Margin | Nil |
| Industries | Commercial Real Estate |
| Locations | Pomio |
| Local Time | 1:33 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
117 thousand
for
30.0%
stake
(Native Currency: PGK 500,000)
Reason: Require funds for land acquisition, material cost, labor logistics and construction.
Includes physical assets worth
USD
9.4 thousand
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Documents
Proposal
(15.2 KB)
Certificate of Business Registration
(166.2 KB)
Certificate of Good Standing
(167.4 KB)
Business Overview
- Established property company, used our parent's land to construct and rent out structures.
- Successfully built and rented out 1 home, achieving break-even within the first 6 months of business.
- Promoters bring many years of experience to the business.
- Possesses a valid business license.
- Now venturing into shed construction to cater to corporate clients.
- Recognizing the market demand, planning to lease sheds to retail/grocery companies for a diversified income stream.
- Responding to overwhelming demand and anticipating a healthy profit forecast, the company is gearing up for expansion into shed rentals.
- Successfully built and rented out 1 home, achieving break-even within the first 6 months of business.
- Promoters bring many years of experience to the business.
- Possesses a valid business license.
- Now venturing into shed construction to cater to corporate clients.
- Recognizing the market demand, planning to lease sheds to retail/grocery companies for a diversified income stream.
- Responding to overwhelming demand and anticipating a healthy profit forecast, the company is gearing up for expansion into shed rentals.
Products & Services Overview
Housing for private sector teachers in Port Moresby.
Assets Overview
Assets include:Building, land of 10m*8m and other equipment.
Facilities Overview
A home office located in Palmalmal, Pomio, East New Britain. Papua New Guinea.
Capitalization Overview
The business is a sole-owned property and was entirely self-funded. It has reached break even in the first 6 months and currently has no debts.
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