Convenience Store Investment Opportunities in Port Moresby

The business is a newly established retail venture trading in clothing and fresh produce, operated by the owner with a small team. It serves approximately 60–70 customers daily and generates revenue through direct retail sales of clothing and fresh produce. The business is targeting projected annual sales of PGK 100,000 with expected EBITDA margins of 20%. It aims to capitalize on the growing demand for fresh produce, where nearly 60% of current demand is met by informal traders, by providing a formal and reliable retail outlet. The owner has established supplier contracts for the products sold in the store and is seeking equity investment and asset financing to support inventory purchases, working capital, and expansion to a second retail location due to increasing market demand. The business has been operational for a few months, as such it does not have reported sales for the previous financial year. The only licenses available with the businesses are the registration certificate and the tax payer registration certificate.