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Fishing Company For Sale
Location Philippines
Asking Price Range $5.0M - $10.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1979
Number of Employees 100 - 200
Relocatable Not Disclosed
Number of Employees 100 - 200
Real Estate Owned
Reason for Sale Venture into another business.
Description We are selling an entire fishing company. This will include its entire fleet of deep sea fishing vessels, fish carriers, ranger boats, tugboats and other support vessels etc., its private wharfs, marine railways and its related infrastructures.
Your good company will have a sure success in penetrating the Philippine Tuna Industry and expanding your business territory by gaining access in the Philippine seas.
This piece of property is located in the Southern Part of the Philippines particularly in General Santos City. The city has always been known to be the TUNA CAPITAL of the Philippines; the city's tuna industry makes about US$1 billion annually. Needless to say, it is the home of a number of big fishing companies, manufacturers and exporters of aquatic products around the globe as well as the home of the champion Manny "Pacman" Pacquaio .
Currently, the company is active in its fishing industries and has been growing since the early 80's. As of April 15, 2010, the company maintains its position in among the TOP 20 Stockholders in Alliance Tuna International. The management has been eyeing to venture into another business, thus selling its fishing industry would pave the way in entering into a new type of business.
If your good company is interested, we can send immediately the one month projected profit and loss statement, detailed list of properties, other necessary information such as the actual financial statements will be discussed upon your arrival together with our financial officers.
Note: Direct buyers only.
* Due to a number of units added such as boats, additional equipment, etc..selling price may change without prior notice.
Its initial price is US$10 Million including the office properties and the vessels. However, these are negotiated individually.
Thank you
Click Here To Contact Seller
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