Seafood Products Processing Factory Biz For Sale

Ad ID: 15317
4113
Seafood Products Processing Factory Biz For Sale

Overview

Description

Seafood Products Processing Factory biz for sale.


πŸ’½ Established in 1987


πŸ‘‰πŸΌ more than 30 years ago


πŸ’½ Factory:


πŸ‘‰πŸΌ monthly rental $ 28K


πŸ‘‰πŸΌ GST registered


πŸ‘‰πŸΌ 15,000sq.ft. 


πŸ‘‰πŸΌ balance lease about 4.5 years 


πŸ’½ Yearly estimated gross revenue


πŸ‘‰πŸΌ $ 4M


πŸ’½ Yearly estimated gross expenses 


πŸ‘‰πŸΌ $ 800K


πŸ’½ Yearly estimated nett profit 


πŸ‘‰πŸΌ 2018 = approx $230K


πŸ‘‰πŸΌ 2016/2017 = approx $200K


πŸ’½ Directors :


πŸ‘‰πŸΌ No director fee


πŸ‘‰πŸΌ 3


πŸ‘‰πŸΌ Only 2 active directors


πŸ’½ Directors’ involvement in the biz


πŸ‘‰πŸΌ oversee the business in general


πŸ’½ Staff :


πŸ‘‰πŸΌ local - 6


πŸ‘‰πŸΌ foreigner - 5


πŸ’½ Operating hour


πŸ‘‰πŸΌ 10am -7pm


πŸ’½ Reason for selling 

πŸ‘‰πŸΌ boss is 70+ years old, looking to retire


πŸ’½ Valuation of biz = $6.5M

πŸ’½ Selling price  - $4.6M negotiable 

Thank you n blessed day 

Peter Wan 

Dream Centre


/