Seafood Products Processing Factory Biz For Sale

Ad ID: 15317
Seafood Products Processing Factory Biz For Sale



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