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Fishing Company for Sale in Bandar Abbas, Iran

Non-operational commercial fishing company based in Bandar Abbas and owns a trawl fishing vessel.

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
Overall Rating
Full Sale
Asking Price: USD 250 thousand (Native Currency: USD 250,000)
Reason: The owners want to sell the business due to a lack of sufficient funds and the risky nature of the i... View More
Includes physical assets worth USD 200 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Vessel
Business Overview
- Non-operational commercial fishing company based in Bandar Abbas and owns a trawl fishing vessel.
- 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.
Products & Services Overview
Commercial fishing - catching lantern fish.
Sold to domestic factories for fish powder production.
Assets Overview
Physical assets are the value of the fishing vessel and other related equipment.
Intangible assets include fishing licenses and contracts.
Facilities Overview
Business has a co-working office facility in South Golshahr, Bandar Abbas.
However, this facility will not be transferred to the buyer. They will have to start operations from a different space.
Capitalization Overview
Business is self-funded.
No outstanding loans or liabilities.
There are 4 shareholders in the business.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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