Total of 18648 firms and businesses for sale today Sunday 29th May 2022
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Finance And Services:

Sold. Established, Highly Productive Mussel Farm

LISTING DETAILS
Firms For Sale ID:
35084
Vendor reference:
EI025
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£2,000,000  
Turnover / revenue:
£694,000
Net profit / cashflow:
Undisclosed
Number of employees:
6
Employees / staffing:
There are 6 full time employees, 3 of which are ticketed skippers. All staff have completed the necessary safety courses to accomplish any tasks within the company either ashore or afloat and they have many years of experience between them. The owners work alongside their staff on a daily basis, one in an administrative capacity.

OTHER DETAILS
Reason for selling:
The vendor is 62 and needs to focus on other projects.
Support and training:
If required, support and training will be provided for a period of time to be negotiated at the time of the sale.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
There is a rolling lease on the shore facilities with full access to the quayside and a 10 year renewable lease on the river assets.
 
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BUSINESS DESCRIPTION
Established, Highly Productive Mussel Farm
Sheltered production areas with enormous capacity to grow, store, condition, relay and harvest in any weather conditions.
Mussel purification and packing facility.
Ref.EI025
Location : South West England
Asking Price : O.I.R.O. £2,000,000
This truly special company is an established South West based Mussel Farm located in a fast flowing estuary operating on both Crown land and its own privately leased areas.
The company farms, harvests, cleans, purifies and packs mussels on a daily basis. All produce is sold to wholesalers and distributed across the South and South West of England. 90% of production is collected from the premises which is how the present owner prefers to run his sales but the company is consistently asked to supply further afield.
The owner of the business and his team have developed unique zero-impact technology that enables a ’10 second harvest’ creating minimal disturbance to the nursery beds with no environmental impact to the wider estuary. This technology is more efficient than other mussel farm systems (by several orders of magnitude) and is an object lesson in what can be achieved commercially with ingenuity and an obsessional nature.
The farm can prove its ecological credentials and is rightly proud of its status as a symbiotic wildlife partner providing habitat solutions and feeding opportunities during the winter months. It is well regarded in its home town both as an ambassador for excellence and also for its contribution to the local economy.
After many years of investment the company has completed its systems of seed-to-harvest technology and has developed logistical solutions to cope with whatever opportunities arise on a yearly basis. The potential for uplift is now formidable.
The company leases quayside facilities for cleaning, purifying and packing their shellfish as well as areas for storage, engineering and staff welfare. There is also an administrative office.
This business is an ideal opportunity for a buyer to capitalise on the assets and experience of a flourishing company with an exceptional trading reputation and track record. Any farm is subject to the vagaries of the seasons but over time this business has made a very reliable average net profit of £200,000 per annum while it built up its capability.
The farm is uniquely placed as the only area in the South West of England that can safely store and grow large volumes of grade ‘B’, toxin- free shellfish and there is now ample capacity to increase production.