Total of 18656 firms and businesses for sale today Sunday 28th April 2024
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Sold. International Seafood Distributors For Sale

LISTING DETAILS
Firms For Sale ID:
26711
Vendor reference:
2963
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed  
Turnover / revenue:
$8,750,000
Net profit / cashflow:
$535,000
Years established:
1996

OTHER DETAILS
Reason for selling:
Ownership is interested in diversifying its business interests and understands that new, more aggressive ownership could more effectively pursue the tremendous growth opportunities currently available to the Company.
Support and training:
Management will remain to facilitate a successful transition to new ownership.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
? Well-respected Canadian seafood company export business, specializing in live lobster? Sales of nearly C$8.4MM in 2010 with EBITDA of C$500,000 (All financial data is expressed as Canadian C$)? With a sizeable export business, this seafood company has sold an average of 900,000 pounds of live lobster per year since 2006.? With an expansive live lobster holding facility, there is tremendous opportunity for growth by exporting a wide range of seafood products?in addition to Canadian lobster.? State-of-the-art technology is employed in all live lobster processing and live lobster storage systems to maintain optimum quality and health.? This seafood export company enjoys well-diversified customer markets in several European and Asian markets.? Nearly a dozen new customer relationships have been developed in emerging markets within the last twelve months. Most recent year-end (12/31/10) sales in these markets have increased 400 percent over 2009.? Tremendous growth opportunities exist for this seafood company through increased business development efforts, the introduction of new seafood export products and through further penetration of new and current geographic markets.