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Taxi Business Investment Opportunity in Port Moresby, Papua New Guinea

Shuttle services company with 10+ customers/month and 3 own vehicles seeks funds to expand.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 48.5 thousand
Run Rate Sales USD 55 thousand
EBITDA Margin 40 %
Industries Taxi
Locations  Port Moresby
Local Time 10:33 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 48.5 thousand for 30.0% stake (Native Currency: PGK 200,000)
Reason: Require a reliable partner who can help us with the day to day operations.
Includes physical assets worth USD 121 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Business Overview
- Offer reliable shuttle services to and from the airport and taxi services.
- The company caters to a diverse client base, including corporate clients and individuals.
- We provide professional chauffeurs to ensure a premium experience.
- We serve 10 customers per month, maintaining personalized attention and high-quality service.
- The company's promoters bring 3 years of industry experience.
- We are fully licensed, compliant with tax regulations, and incorporated as a business.
Products & Services Overview
Shuttle services to and from the airport and taxi services to corporates and individuals.
Assets Overview
Assets include:
Vehicles 3 SUVs each worth PGK 150-200k, furniture and fixtures.
Facilities Overview
Office in north-eastern Port Moresby.
Rent per month is PGK 300k/month.
Capitalization Overview
Sole shareholder.
Outstanding loan of PGK 200k.
Self funded business.
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1 Investor viewed 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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