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Seafood Processing Company for Sale in Phan Thiet, Vietnam

Vietnam-based seafood export processing company with an EU-certified facility, international clients, and large-scale production infrastructure.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity C Corporation
Reported Sales USD 7.9 million
Run Rate Sales USD 7.9 million
EBITDA Margin 0 - 10 %
Industries Seafood Processing + 1 more
Locations  Phan Thiet
Local Time 4:33 AM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 6 million (Native Currency: USD 6,000,000)
Reason: The owner has relocated abroad to USA with family, and seeks a strategic partner or full exit. Busin... View More
Includes physical assets worth USD 4.5 million
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Business Overview
• EU-certified seafood processing and export business located in the South Fishing Port Area, Phan Thiet City, Vietnam.
• Business specializes in processing and exporting frozen seafood products, including whole round frozen fish, octopus, squid, cuttlefish, and other marine and freshwater species.
• Processing operations are supported by IQF capacity of approximately 25–30 tons per day and BQF capacity of approximately 60–75 tons per day.
• Products are supplied under OEM and private label contracts to importers, distributors, and food processing companies.
• Primary export markets include South Korea, China, the European Union, and Japan, with customer relationships maintained for over 15 years.
• Revenue is generated through B2B seafood export manufacturing, with approximately 90% export sales and 10% domestic business.
• Facility holds international certifications including BRCGS Food Safety Issue 9 Grade A+, US FDA registration, HALAL certification, HACCP Codex 2022, EU code DL218, IFS, and ISO22000.
• Factory is strategically located approximately 150–200 meters from the unloading quay, supporting direct raw material sourcing and efficient logistics.
• Operations are designed around HACCP-compliant processing flow standards and include an in-house quality control laboratory.
• Facility is built on approximately 2,597 sq. m. of land with total built-up infrastructure of around 10,500 sq. m. , including processing halls, packing areas, cold storage, and office space.
• Cold storage capacity is approximately 1,500 metric tons maintained at -25°C.
• Land is secured under long-term land use rights, while the factory structure and operational infrastructure are fully owned by the business.
• We work with 20–25 regular trading partners and direct importers each year. The factory supplies Vietnamese trading companies that export to the Philippines, Thailand, China, the USA, and the Middle East, and we also hold direct export licenses for select orders.
• Promoter brings more than two decades of seafood industry experience and has developed the facility from a greenfield project.
• Business maintains long-term commercial relationships with major seafood importers and distributors across Asian and European markets.
Products & Services Overview
Frozen whole fish, octopus, squid, and seafood products are supplied to importers, distributors, and food processors across Korea, China, the EU, and Japan.
Assets Overview
Tangible assets include:
• Factory buildings with a total built-up area of approximately 10,500 sq. m. , estimated at around USD 1.8 million.
• Cold storage infrastructure with capacity of approximately 1,500 MT maintained at -25°C is valued at around USD 900,000.
• IQF processing line with capacity of 25–30 tons/day and BQF tunnel systems with capacity of 60–75 tons/day are estimated at around USD 1 million.
• Seafood processing and packing machinery, quality control laboratory equipment, forklifts, generators, and supporting operational equipment are collectively valued at approximately USD 800,000.

Intangible assets include:
• International certifications such as BRCGS Grade A+, US FDA, HALAL, HACCP, EU DL218, IFS, and ISO22000, along with an established export customer base across Korea, China, the EU, and Japan developed over 15+ years.
• Additional intangible strengths include supplier relationships within the Phan Thiet fishing port ecosystem, established export workflows, and a skilled workforce of 200–250 contractual employees.
Facilities Overview
• Facility is located in the South Fishing Port Area, Phan Thiet City, Vietnam, approximately 150–200 meters from the unloading quay for direct raw material intake.
• Total land area is approximately 2,597 sq. m. with a total built-up area of around 10,500 sq. m. comprising seafood processing halls, packing sections, cold storage facilities, office space, and utility areas.
• Facility also includes cold storage capacity of approximately 1,500 MT maintained at -25°C along with HACCP-compliant production flow and an in-house quality control laboratory.
• Land is held under long-term land use rights, while the factory structure and operational infrastructure are fully owned by the business.
Capitalization Overview
100% equity funded, asset-heavy with low bank debt (15% of assets, working capital lines only). Currently 2 shareholders (family-owned): 70% and 30%. Open to selling 51% controlling stake or 100% buyout. Owner relocating abroad is the reason for sale. Clean books, no litigation.
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2 Buyers contacted this Business this week. Register below to connect now!
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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