Based in Northern Ireland
Overview:
The business specialises in catching, processing, and preparing the finest shellfish from the Irish Sea.
Priding itself on the quality and freshness of its produce, the company’s seafood range includes langoustines, crabs, whelks, scampi, and prawns.
The business operates from a modern, fully automated processing plant with full EU approval, which is ideally located to meet the needs of its global customer base.
Our clients are now offering the company for sale to facilitate retirement plans.
Offers invited.
Key Highlights:
- Has a range of on-site facilities and an in-house laboratory to ensure all produce is of optimal quality.
- Has received the highest level of accreditation from the Seafish Authority and holds the SAI Global Standard.
- Works with local fisherman, whilst also having its own fleet of boats, lorries, and forklifts.
- Currently serves 47 active customers, most of which provide reliable streams of ongoing revenue.
- All produce is exported to importers, supermarkets, and restaurants operating across Europe, China, Japan, Korea, and Vietnam.
- Robust and experienced second-tier management team in place.
Scope for growth via geographical expansion into the Middle East.
Financial Highlights:
- Generated a turnover of £4.2m in YE25, with an adjusted EBITDA of £115k.
- Premises owned by our clients included in the sale of the business with an approximate market value of circa £4.5m.
