5.9 / 10
 Port Moresby

Company has designed and developed electric mobile brick making machines that produce 5X bricks/drop.

Key Business Facts
Yearly Sales USD 60 thousand
EBIDTA Margin 40 %
Industries Construction Machinery
Locations  Port Moresby
Business Overview
1. Company located in Port Moresby, Papua New Guinea with 4 employees, innovative design and fabrication of electric mobile brick making machines.
2. Design of brick making machines was first fabricated in 2014 with single brick mould, and formally incorporated in 2019.
3. Aim to do away with timber and help the local population build economically friendly homes.
4. Main clients are the Department of National Planning and Monitoring of Papua New Guinea, with success stories.
5. We can produce 2 complex machines per day.
6. 2 machines sold per month, mainly to Papua New Guinea National Government-Department of National Planning and Monitoring and real estate developers.
7. Services provided with competitive pricing and high-quality standards.
Products & Services Overview
We design and fabricate:
1) Electric mobile brick making machines 5 x bricks per drop.
2) Concrete mixtures machines.
3) Wheel borrow with two wheels.
4) sand screen with motor vibrators.
We design, innovate and fabricate the machines here in Papua New Guinea.
Capitalization Overview
The business is really struggling as the cash flow drops. Business has no debts/loans and is operated by one shareholder owning 100% of the business.
Assets Overview
Physical assets; Hyundai Mighty Dump truck. Mitsubishi Pajero. Toyota Mark II. 5kva generator. X2 250L concrete mixture. Drop cutters, drilling machines, grinders, and measuring tools. 2 hectares of land. Welding machines.
Partial Stake Sale
USD 130 thousand for 30.0% stake (Native Currency: PGK 500,000)
Reason: For working capital and expansion of business.
Includes physical assets worth USD 260 thousand
Interested to connect with advisors

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