Auto Accessories Shop for Sale in Lae, Papua New Guinea
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | General Partnership |
Reported Sales | USD 230 thousand |
Run Rate Sales | USD 230 thousand |
EBITDA Margin | 20 % |
Industries | Auto Accessories Shops |
Locations | Lae |
Local Time | 12:54 PM Pacific / Port Moresby |
Listed By | Business Owner / Director |
Status | Active |
- Company was formed 4 years ago by 2 foreigners who have good knowledge of PNG.
- Actual Business operation started 3 years ago.
- We receive around 20-25 customers daily.
- 5 local suppliers supply the products to us.
Automotive spare parts for light vehicles cars.
Assets include inventory worth PGK 270,000 and all setup.
We are centrally located just opposite one major tire brand distributor. The store is on ~300 sqft area. We pay a monthly rent of PGK 8,000.
- Business is owned by 2 foreign nationals on a 50/50% share of profit.
- We are not on any bank loan, except for our current liabilities which are mainly our suppliers.
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Earlier than 15 daysAccountant, Business Consulting, Port Moresby, Individual Investor / Buyer connected with the Business