FISH & SEAFOOD PROCESSING BUSINESS
Stock Included: Yes
Stock Value: 150,000
Years Est: 1954
Gross Revenue: 1,600,000
GUARANTEE TO KEEP YOU HEALTHY AND MAKE YOU WEALTHY FOR THE REST OF YOUR LIFE
Seafood and fish form a significant part of the Australian diet. Each person eats around 25 kg of seafood every year, and the demand is growing.
This is a highly efficient and profitable operation which can be run by two senior staff in the absence of the owners. It also a simple business to understand and manage. If the buyers wished a lesser level of involvement, then, it could be run under full management.
As a well-respected supplier of fish, primarily sardines, this is a long-established business poised to benefit from increasing consumer awareness of the benefits of omega-3 and the provenance of their food. It was one of the first companies to start processing pilchards in the late 80s.
The clean, unpolluted waters produce plenty of high-quality catch from the suppliers. The company can produce large quantities of high-quality local pilchard blocks allowing for maximum freshness of the product.OWNERS RETIRING
The owners intend to retire. They have no sons to take over the business, and their daughters aren’t interested. The desire to spend more time enjoying the fruits of many years of successful work is the only reason for selling.OUTSTANDING REPUTATION
A measure of the respect in which the company and its products have in the marketplace is the fact that it still has the same clients with which it began almost 40 years ago while having added many others along the way. It has been the sole supplier of frozen sardines to Sydney Fish Market for the last ten years.GROWTH OPPORTUNITIES
With the market steadily growing each year, the opportunity to enter the local retail market, and the possible growth into Asia, this is a business with great potential, built on a solid foundation of an extremely loyal client base and stable market protected from competition by government quotas.MINIMAL COMPETITION
Only three other firms operate in the same market in WA. Also, the government strictly controls quotas, limits new entrants to the market to ensure fisheries are sustainable into the future.
As a condition of sale, the freehold will be sold as a going concern with the business. A recent professional evaluation has determined the price of the premises at $1,275,000 which, with the business value of $1,420,000, sets the Total Sale Price at $2,695,000.
We have prepared a very detailed report on this unique operation, including financials for the last three years. Best you give me a call on 0438 925 511 or register your interest to make an appointment and discuss this opportunity further.
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