Seafood Processing Business Assets | and Property for Sale | in Ajman | United Arab Emirates
Asking Price: AED 20 million
Assets Description:-
- Fish processing company (flagship company) offers its customers the following:
A. Fresh fish.
B. Frozen fish.
C. All other seafood of the best quality.
- The company is looking to sell the land building and machinery.
- The total land area of 37,000 square feet with constructed factory area of 20,000 square feet. The land and plant and machinery are owned by the company.
- The labor camp behind the factory can accommodate 120 labors.
- Company has fresh fish customers in UAE & Oman and generates an annual turnover of AED 12 million with 20% EBITDA margin.
- The company exports to GCC countries all kinds of sea foods and exports extensively to Korea, Bangladesh, Vietnam, and Hong Kong.
- Generates 80% of sales through the export of the product and 20% of sales through local sales.
- Unit has a freezing capacity of 30 tons per day and a chiller capacity of 10 tons per day.
- The company has a cold storage capacity of 1,000 tons on the whole.
- LLC company with a single owner.
- Has a long-term bank loan of AED 10 million
