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* Established in 1999: Over two decades of expertise in seafood processing. * Retirement Sale: Opportunity to take over a thriving business. * Offshore Processing Model: Directly source seafood from Australian vessels, process in Vietnam, and ship back to Australia or overseas clients. * Contract Processing: Trusted by major Australian companies for processing in Vietnam. * Sourcing in Vietnam: Expand client offerings by sourcing products in Vietnam. * Experienced Team: 4 main staff dedicated to the business, supported by contracted staff in two facilities. * Unique Offering: Navigate language and cultural differences for clients, providing peace of mind and cost-effective processing solutions. * Exclusive Access to Whiting Stock: Control 15% to 20% of east coast whiting stock, with potential for expansion into west coast sourcing. * High Standards: Both facilities meet international food safety and ethical standards, approved for export to EU and USA. * Financial Performance: FY 2024 YTD Jul-Dec revenue circa $1.8 million, with circa $500k net profit. Why Buy?: * Profitable Business: Solid revenue and net profit figures. * Unique Business Model: Offshore processing with lower costs and reduced risks. * Expansion Potential: Untapped west coast sourcing offers considerable growth opportunities. * Ethical and Safe: High international standards ensure quality and compliance. * Established Clientele: Trusted by major Australian companies. Price: $699,000 plus SAV For more details on this outstanding business opportunity, contact Tom Jolly on 0403 720 965 or email tom.jolly@thefinngroup.com.au
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