About the Business

* Established in 1999: Over two decades of expertise in seafood processing.
* Retirement Sale: Opportunity to take over a thriving business.
* Offshore Processing Model: Directly source seafood from Australian vessels, process in Vietnam, and ship back to Australia or overseas clients.
* Contract Processing: Trusted by major Australian companies for processing in Vietnam.
* Sourcing in Vietnam: Expand client offerings by sourcing products in Vietnam.
* Experienced Team: 4 main staff dedicated to the business, supported by contracted staff in two facilities.
* Unique Offering: Navigate language and cultural differences for clients, providing peace of mind and cost-effective processing solutions.
* Exclusive Access to Whiting Stock: Control 15% to 20% of east coast whiting stock, with potential for expansion into west coast sourcing.
* High Standards: Both facilities meet international food safety and ethical standards, approved for export to EU and USA.
* Financial Performance: FY 2024 YTD Jul-Dec revenue circa $1.8 million, with circa $500k net profit.

Why Buy?:

* Profitable Business: Solid revenue and net profit figures.
* Unique Business Model: Offshore processing with lower costs and reduced risks.
* Expansion Potential: Untapped west coast sourcing offers considerable growth opportunities.
* Ethical and Safe: High international standards ensure quality and compliance.
* Established Clientele: Trusted by major Australian companies.

Price: $699,000 plus SAV

For more details on this outstanding business opportunity, contact Tom Jolly on 0403 720 965 or email [email protected]