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Newly Established Seafood Processing Company Investment Opportunity in London, United Kingdom

Yellowfin tuna cannery startup seeks investment to produce ethical and sustainable canned yellowfin tuna.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Seafood Processing
Locations  London
Local Time 4:54 AM UTC
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 1.8 million for 35.0% stake (Native Currency: GBP 1,500,000)
Reason: Funds will be used for building a 6,500 sq ft yellowfin tuna cannery, equipment, solar PV technology... View More
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Business Overview

- Startup planning an ethical and sustainable cannery, that produces premium canned yellowfin tuna.

- Have already procured the land on a 20-year lease agreement and have planning permission to build the cannery.

- Have contracted 20 artisan fishermen that use ethical and sustainable one-by-one, pole & line fishing methods.

- We will be the only British-caught, British-processed, and British-canned yellowfin tuna product on the market.

- We estimate to produce 1 million canned yellowfin tuna per year.

- Our product will be supplied through high-end and artisanal-centric retail partners.

- We are a member of the International Pole & Line Foundation (IPNLF). We are also EIS eligible.

Products & Services Overview

Premium canned yellowfin tuna.

Business scalability through introducing future product lines for canned skip-jack and pet food.

Assets Overview

The business does not own any significant physical assets at the moment. Funds will be used for building the cannery and procuring the equipment.

Facilities Overview

A new state-of-the-art canning facility will be built post obtaining funds. We have a 20-year commercial operating lease agreed. Planning permission granted.

Capitalization Overview

Start-up is currently funded through the owner's initial investment of GBP 185,000. The founder owns all of the current shares in this 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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