Used Car Dealers Company Seeking Loan in Port Moresby, Papua New Guinea
Seeking Loan: Successful used car dealers require funds for opening new fuel station and supermarket.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 24 thousand |
| Run Rate Sales | USD 58 thousand |
| EBITDA Margin | 30 % |
| Industries | Used Car Dealers |
| Locations | Port Moresby |
| Local Time | 6:12 PM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
72 thousand
for
5.0%
annual interest,
8
years
(Native Currency: PGK 300,000)
Reason: Require funds for opening a supermarket and a fuel station.
Collateral Available: USD 19.3 thousand
Includes physical assets worth
USD
840 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Company Registration
(166.3 KB)
Certificate of Business Activities
(171.8 KB)
Imported Hino Trucks
(3.4 MB)
Imported Mazda Atenza Cars
(4.3 MB)
Business Overview
- Quality imported used cars sourced from Be Forward Japan.
- Majority of customers are based in Port Moresby, Papua New Guinea.
- Revenue is primarily generated from the sales of imported cars.
- Receives a percentage of Buy Now discount promotions from Be Forward Japan, enhancing competitiveness.
- Strong and enduring business relationship with Be Forward Japan, built on a decade of customer loyalty.
- Core business activity centers around the importation of vehicles, with a specific focus on used cars.
- Averaging 10 customers served per month.
- Promoters bring a collective 10 years of industry experience.
- Holds a valid registration, ensuring compliance with regulatory requirements.
- Exploring new business avenues, including the establishment of fuel stations and supermarkets.
- Majority of customers are based in Port Moresby, Papua New Guinea.
- Revenue is primarily generated from the sales of imported cars.
- Receives a percentage of Buy Now discount promotions from Be Forward Japan, enhancing competitiveness.
- Strong and enduring business relationship with Be Forward Japan, built on a decade of customer loyalty.
- Core business activity centers around the importation of vehicles, with a specific focus on used cars.
- Averaging 10 customers served per month.
- Promoters bring a collective 10 years of industry experience.
- Holds a valid registration, ensuring compliance with regulatory requirements.
- Exploring new business avenues, including the establishment of fuel stations and supermarkets.
Products & Services Overview
Used car dealers importing quality used cars from Be Forward Japan.Customers are locals.
Assets Overview
One story building, 12.1 hectares of land (belonging to the company), flat screen television, double chillers refrigerator, food warmer, chest refrigerator and Toyota Land Cruiser trooper.All the assets are illiquid, hence we require funds for the new business ventures.
Facilities Overview
Office is located in a 1 story building (belongs to the company) measuring 20*20 m.Located in the north of Port Moresby.
Capitalization Overview
Currently the company has two shareholders.Self funded operations.
50-50 split among the shareholders.
The company does not have any debts or loans.
Recent Activity
-
Earlier than 15 daysConsulting, Port Moresby, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,500+ other businesses of all sizes.
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.
You might also be interested in these businesses