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Geoduck & Mussel Farm For Sale
Location: Canada -> British Columbia -> Vancouver Island
Industry: Agriculture > Farms




Business Summary

$ 3.5 million GEODUCK & MUSSEL FARM - Vancouver Island

This business was established few years ago and in the planting phase. Geoducks take 7 years to grow into large clams. An initial investment of $100,000 is normally required to seed in 1 hectare today, and a return of 1.5 million is seen in 7th years and every year onward. With this farm, there is well over 12 hectares of planting space. There are already stocks of over several millions worth of produce and it can be harvested starting in 4 years time and subsequently, every year. Price for geoducks are going up every year and the demand in Asia is growing. The advantages of farm geoduck is the product is uniform and it doesn't controlled by the ''permits'' There are also income from the current mussel clam production. Over $300,000 value of boat and equipments, trade and development technologies, licenses and permits are included. Owner will train. A limited partnership may be considered for a competent and sincere buyer. For information, contact vendor's agent Philip by email

YEARS IN BUSINESS 3 year(s)
EMPLOYEES Fulltime: Part time: 4-5 2 months a year
BUSINESS HOURS
Currently working 2 months a year. Once the harvesting phase comes, the business will switch to 8 working months a year.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2004
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Yes

Photos

View Larger Photo(s) Of Business
Geoduck & Mussel Farm For Sale Photo 1 Geoduck & Mussel Farm For Sale Photo 2 Geoduck & Mussel Farm For Sale Photo 3




Print Listing Id: 700185932
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Related Searches: Agriculture and Supplies  >  Farms  >  Other Agriculture  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > British Columbia Businesses For Sale > British Columbia Franchises For Sale



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