Highly Profitable Hybrid Striped Bass Fish Farm/Hatchery in NC

NOT DISCLOSED, North Carolina

Asking Price	$2,150,000	Year Established	1994
Annual Revenue	$1,525,843	Reason for Selling	Moving toward retirement
Annual P/L	$0	Attention	John Chaffee
Annual Cash Flow	$537,277	Listing Number	1018733
# of Employees	6	Business Category	Manufacturing: Agricultural Manufacturing

Business Overview:

This Fish Farm is a hybrid striped bass spawning operation (breeding male striped bass with white bass females on the farm) that produces and sells hybrid striped bass fingerlings (as one of only three (3) hatcheries in North Carolina) and grows fish to a commercial size of roughly 2 pounds and sells fresh fish to distributors in the Northeast and Midwest US.  Price at closing to be adjusted based on level of inventory - inventory will range from value of $300,000 to $900,000 depending upon the month.

Property Features and Assets:

<p>Water tanks, spawning building, and sheds</p><p>3 trucks, 8 tractors, 8 portable aerators, 44 fixed aerators, multiple storage tanks, feed silo, fish holding tanks, spawning tanks, compressor, maintenance tools.<br><br></p>

Market Competition and Expansion:

<p>North Carolina is a national leader in hybrid striped bass (HSB) aquaculture, producing roughly 3.5 million pounds annually with a farm-gate value near $14 million. HSB is the fourth-largest finfish aquaculture sector in the United States (behind catfish, salmonids, and tilapia). North Carolina historically leads or contends for the highest number of commercial HSB farms nationally, hosting roughly 14 to 20 active operations. Most of North Carolina's production is concentrated in the coastal plain region, leveraging local soil and water availability. The majority of NC producers (up to 90%) rely on traditional earthen flow-through or static-water ponds.<br>Competitive Advantages Climatic & Environmental Resilience: HSB (crosses between striped bass and white bass) tolerate wide temperature ranges (39°F to 91°F) and resist low-oxygen or high-temperature summer stressors better than native striped bass. North Carolina farms typically cater heavily to live, fresh-market, and high-end restaurant/sushi supply chains in major metropolitan areas and the Northeast, commanding strong per-pound live values. Vertically integrated farms and extensive local knowledge based on research at NC State University has established NC farmers as pioneers in commercial techniques, including localized fingerling production and regional sourcing of broodstock/fry.<br>Competitive Challenges & Constraints Environmental Regulations: Earthen pond operations face mounting scrutiny and regulatory oversight regarding nutrient-rich wastewater (effluent) discharge into estuarine creeks connected to the Pamlico Sound, requiring National Pollutant Discharge Elimination System (NPDES) compliance. Producers must coordinate complex testing protocols with the N.C. Department of Agriculture and Consumer Services to source female white bass (often from the Great Lakes) and coastal male striped bass since hybrids rarely reproduce naturally. Feed costs and variable fingerling prices also impact profit margins. Emerging Substitutes: Ongoing research at NC State University indicates improving commercial viability and production potential for domesticated pure-strain striped bass, which may present a future competitive shift away from hybrids, however, hybrid striped bass farms can easily be converted pure-strain striped bass operations.</p><p><br> There is ample open farm land surrounding the farm and it may be possible to purchase additional land and convert that acreage to fish ponds. Other growth potential exists by breeding more fish (newly hatched eggs are referred to as 'fries') and selling larger quantities of fingerlings to nearby striped bass farming operations. Additionally, the owner believes growth can be achieved by purchasing delivery trucks and offering delivery service to nearby seafood wholesalers and restaurants.<br><br></p>

Additional Details: