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Oyster Farm w/ Property


Oyster-farm-1-web

We are pleased to present for sale this premier grower, processor, and exporter of world-famous pacific west coast Kumamoto oysters, Manilla clams, Japanese scallops, and geoduck clams. Sustainable aquaculture farming is becoming one of the most sought after and profitable ventures in the world. As human populations overrun land-based farming areas, we turn to the oceans for vast sources of foods and proteins. This family-owned oyster farming business has operated for over 65 years and is one of the largest in Canada. It generates predictable revenue, delivers consistent taste, operates with a low-cost base, and maintains a gold standard in environmentally sustainable farming. The strong tidal action in the area eliminates the potential for any red tide or other bacterial related impediments. Ownership has made an excellent living over 65 years and they wish to sell the corporate shares of the entire operation and retire. Plus they will lease back the ocean front property at below market rate OR sell the property with the business ($2M value)!



Listed By: John-Erik Grain

Background information

Reference:

oyster-farm

Year established:

1956

Reason selling:

Retirement

Finance

Sales:

$1,100,000

Profits:

$150,000

Profit type:

Discretionary Earnings

Premises

Square footage:

9000

Rent and lease terms:

Lease back is an option

Price and terms

Price:

$1,800,000

Down payment:

$700,000

Financing:

Seller Financing Available

Training:

Included