Fishing Company for Sale in Bandar Abbas, Iran
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Fishing |
Locations | Bandar Abbas |
Local Time | 8:50 AM Asia / Tehran |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Focused on catching lantern fish and selling them to domestic factories for fish powder production.
- Commercial fishing has been banned by the government for 2 years, hence, the business has not generated any revenue for the last 2 years.
- Frequency of supply is 30 to 45 days.
- The company typically operates on fishing trips, during which it can catch approximately 100 metric tons of lantern fish per trip, without considering bycatch.
- The price of lantern fish sold by the company ranges from 25 to 33 cents per kilogram.
- The company used to operate with a team of 20 permanent employees, including 20 crew members on the vessel and 3 land-based staff members, who are temporary.
- The fishing vessel can be owned and re-flagged with any nationality, presenting potential opportunities for international operations.
- Business has a fishing license.
Sold to domestic factories for fish powder production.
Intangible assets include fishing licenses and contracts.
However, this facility will not be transferred to the buyer. They will have to start operations from a different space.
No outstanding loans or liabilities.
There are 4 shareholders in the business.