Newly Established Aquaculture Business Equity Stake For Sale in Lhaimagu, Maldives
Lobster cultivation business with 800 kg monthly capacity seeks investment to develop a lobster farm.
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 1.4 million |
| EBITDA Margin | 35 % |
| Industries | Aquaculture |
| Locations | Lhaimagu |
| Local Time | 7:25 AM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Partial Stake Sale
USD
4.5 million
for
50.0%
stake
(Native Currency: MVR 70,000,000)
Reason: The investment will be used to develop the lagoon by installing floating platforms, reef flats, nurs...
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Includes physical assets worth
USD
650 thousand
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Business Overview
- The business cultivates premium lobsters for the commercial seafood market.
- It has a production capacity of 800 kg per month and is currently operating at 300 kg per month.
- The business supplies its products to 2 exporters and has established relationships with 200 luxury hotels.
- It has a team of permanent employees and hires up to 15 additional labourers on a seasonal or project basis to meet production requirements.
- The business commenced operations 4 months ago, so there are no previous years' financials available.
- The business is registered with a trade licence.
- It has a production capacity of 800 kg per month and is currently operating at 300 kg per month.
- The business supplies its products to 2 exporters and has established relationships with 200 luxury hotels.
- It has a team of permanent employees and hires up to 15 additional labourers on a seasonal or project basis to meet production requirements.
- The business commenced operations 4 months ago, so there are no previous years' financials available.
- The business is registered with a trade licence.
Products & Services Overview
The business cultivates premium live lobsters. Its primary customers include seafood wholesalers, restaurants, hotels, seafood retailers, and seafood exporters, who purchase the lobsters for resale or use in premium seafood dishes.
Assets Overview
Tangible assets: Boats, lobster farming infrastructure, fishing equipment, harvesting tools, storage equipment, and other operational equipment.Intangible assets: Trade licence, client relationships with exporters and luxury hotels, supplier network, operational know-how, and business goodwill. +
Facilities Overview
The business operates from a 60-hectare lagoon under a lease agreement. The annual lease rent for the lagoon is MVR 280,000.
Capitalization Overview
The business has a single owner and does not have any loans.
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