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Seafood Processing Business Assets for Sale in Ajman, UAE

UAE-based fish processing company seeks sale and leaseback of land, plant and machinery.
This Business is on a Premium Plan
Ownership Duration 10-20 year(s)
Industries Frozen Food + 1 more
Locations  Ajman
Local Time 9:15 AM Asia / Dubai
Listed By Advisor / Business Broker
Status Active
Overall Rating
Asset Sale
Asking Price: INR 35 crore (Native Currency: AED 15,000,000)
Reason: Sale and leaseback of the factory with assets. This will give much-needed working capital and also h... View More
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Project Blue Ocean
Assets Description
- Fish processing company (flagship company) offers its customers the following:
A. Fresh fish.
B. Frozen fish.
C. All other seafood of the best quality.
- The company is looking to sell the land building and machinery and then lease it back from the buyer.
- The total land area of 37,000 square feet with constructed factory area of 20,000 square feet.
- The land & building are valued at AED 12 million, and the plant & machinery are valued at AED 8 million. They are being collectively offered for sale at a price below market value of AED 15 million.
- The labor camp behind the factory can accommodate 120 labors.
- Company has fresh fish customers in UAE & Oman and generates an annual turnover of AED 12 million with 20% EBITDA margin.
- The company exports to GCC countries all kinds of sea foods and exports extensively to Korea, Bangladesh, Vietnam, and Hong Kong.
- Generates 80% of sales through the export of the product and 20% of sales through local sales.
- Unit has a freezing capacity of 30 tonnes per day and a chiller capacity of 10 tonnes per day.
- The company has a cold storage capacity of 1,000 tonnes on the whole.
- LLC company with a single owner.
- Has a long-term bank loan of AED 10 million.
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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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