Seafood Products Processing Factory Biz For Sale

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