Seafood Products Processing Factory Biz For Sale

SOLD

Overview

Financial Performance

Annual Figures

Revenue

Not Provided

Gross Profit

Not Provided

Net Profit

Not Provided

Monthly Rentalt

Not Provided

Business Operations & Assets

Owner Role

Full Time

Premise Status

Rent

Business Details

Reason For Sale

Seller Wants To Retired

Description

Seafood Products Processing Factory biz for sale.

💽 Established in 1987

👉🏼 more than 30 years ago

💽 Factory:

👉🏼 monthly rental $ 28K

👉🏼 GST registered

👉🏼 15,000sq.ft.

👉🏼 balance lease about 4.5 years

💽 Yearly estimated gross revenue

👉🏼 $ 4M

💽 Yearly estimated gross expenses

👉🏼 $ 800K

💽 Yearly estimated nett profit

👉🏼 2018 = approx $230K

👉🏼 2016/2017 = approx $200K

💽 Directors :

👉🏼 No director fee

👉🏼 3

👉🏼 Only 2 active directors

💽 Directors’ involvement in the biz

👉🏼 oversee the business in general

💽 Staff :

👉🏼 local - 6

👉🏼 foreigner - 5

💽 Operating hour

👉🏼 10am -7pm

💽 Reason for selling

👉🏼 boss is 70+ years old, looking to retire

💽 Valuation of biz = $6.5M

💽 Selling price - $4.6M negotiable

Thank you n blessed day

Peter Wan

Dream Centre

Important Disclaimer

Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.

All communications, agreements, transactions, disputes and claims are solely between the relevant parties.

Learn how to avoid scams