100% Equity in a Export Led Seafood Platform for Sale

Listing Number: 60393M-447119

Listing Details

100% Equity in a Export Led Seafood Platform for Sale
Price: $17,000,000
Location: Lagos
  • Down Payment: $17,000,000
  • Sales: $5,330,000
  • EBITDA: $1,020,000
  • Inventory: $0
  • Furniture, Fixtures, and Equipment: $10,000,000
  • Employees: 100
  • Year Established: 2003
  • Reason for Selling: RETIREMENT

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Business Listed By
Teslim Belo-Osagie
President's Club

Business Description

100% of a licensed, debt-free West African industrial fishing group, with its own cold chain and property, now available for acquisition. Frozen shrimp and finfish sold in US dollars to European and Asian buyers, with the restart case built on over 80% export revenue under the offtake. More than 20 trawlers across large, medium and small classes, with −40°C plate freezers for processing at sea. Also includes an integrated cold chain, owned port-side cold storage and workshop, plus a property portfolio of offices, residences and marine assets.

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