Whangamata Seafoods comes onto the market as the owners now wish to move into their next stage in life.
Whangamata Seafoods has been harvesting, processing and distributing scallops for 30+ years. The owners are offering the freehold purpose-built processing factory along with the scallop quota in the sale.
Located in the heart of Whangamata the processing facility is central to the Coromandel scallop fishery, ensuring efficient harvesting, processing and sales of fresh scallops each season.
All systems and processes are in place to optimise the annual catch from the seabed to the plate.
Currently, the domestic market demand outweighs the supply. For those with an international focus, the systems and compliance are in place to allow expansion into the export market.
This is ideally suited to an astute investor who understands the value of fishing quota and sustainable fishery management.
Reasons to purchase:
*30 years trading history
*Perpetual scallop quota
*Extended owners handover period
*Demand higher than supply
*Growth potential
*No competition
* Return on investment 24%
Sale price:
Business $1,040,000
Land and Buildings $760,000 (+GST if Any).
Total investment FHGC $1,800,000
To discuss further feel free to call Warren Chamberlain - 021 141 5844 or Linda Harley - 022 354 9189.
For a confidential discussion please complete our online confidentiality agreement.
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