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Business For Sale

FISH & SEAFOOD PROCESSOR BUSINESS FOR SALE

Attn: Michael Naprawa
British Columbia, British Columbia, CA 		Listing #: 366318781
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Asking Price: $4,500,000 CAD Canada Dollars
Business for Sale Industry: Wholesale/Distribution: Non-Durable  
Reason for Selling: 2 Partners are retiring.
Year Established: 1991
# of Employees: 16 Full Time; 50 Part Time
Yearly Revenues: $13,450,000
Yearly Cash Flow: $1,081,000
Monthly Payroll: $19,500
 

Business for Sale Overview:

Here is the opportunity to purchase a turnkey seafood company known for their quality of service and products, significant rapport with fish fleets, hands-on approach, and desirable location. By cornering the market through aggressive sales and quality control, this seafood company has achieved market dominance of North Americas tuna exports to Japan. In addition to a lucrative business relationship with China, this company has numerous, well-established overseas relationships. Gross sales increased 50% from 2005 to 2006 and 20% from 2006 to 2007. Gross sales for 2007 have exceeded 13 million and an average growth of 7% per annum over the next 5 years is anticipated. EBITDA for 2007 surpassed $860,000. Located on the West Coast of British Columbia, close to Vancouver, Victoria, and Vancouver Island.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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