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Highly profitable hybrid striped bass fish farm/hatchery in NC

North Carolina

| BizBen.com

https://www.bizben.com/business-for-sale/highly-profitable-hybrid-striped-bass-fish-farm-hatchery-in-nc-tw:91262

North Carolina

Highly profitable hybrid striped bass fish farm/hatchery in NC

Name: Highly profitable hybrid striped bass fish farm/hatchery in NC
Address: North Carolina, US

Asking Price

$2,150,000

Revenue

Call/Email

Down

$215,000

Cash Flow

Call/Email

Name: John Chaffee

Name

John Chaffee

Description

This Fish Farm is a hybrid striped bass spawning operation (breeding male striped bass with white bass females on the farm) that produces and sells hybrid striped bass fingerlings (as one of only three (3) hatcheries in North Carolina) and grows fish to a commercial size of roughly 2 pounds and sells fresh fish to distributors in the Northeast and Midwest US. Price at closing to be adjusted based on level of inventory - inventory will range from value of $300,000 to $900,000 depending upon the month.

There is ample open farm land surrounding the farm and it may be possible to purchase additional land and convert that acreage to fish ponds. Other growth potential exists by breeding more fish (newly hatched eggs are referred to as 'fries') and selling larger quantities of fingerlings to nearby striped bass farming operations. Additionally, the owner believes growth can be achieved by purchasing delivery trucks and offering delivery service to nearby seafood wholesalers and restaurants.

https://tworld.com/locations/North-Carolina/eastern-nc/listings/Highly-profitable-hybrid-striped-bass-fish-farm-hatchery-in-NC

To get more information about this Highly profitable hybrid striped bass fish farm/hatchery in NC business for sale in North Carolina please contact John Chaffee at jchaffee@tworld.com

Business Details

Year Established:

1994

Employees:

FE&E:

$176,000

Reason for sale:

Moving toward retirement

Lease & Tenant Information

Lease Options:

N/A

Other Information

Listing Number:

13485-225258

Sales:

$1,525,843

Seller's Discretionary Earnings:

$537,277

Inventory:

$450,000

Posting Information

Posting ID:

ID tw:91262 / Listing Number 13485-225258

Business Category:

Agricultural

Keywords:

Transworld

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Posting Title

Highly profitable hybrid striped bass fish farm/hatchery in NC

Posting ID

#*4f25b71bf80b1ae3c9631c81a097d24c*91262

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Agent, Broker or Seller Contact

Name:

Phone Number:

Contact Email:

jchaffee@tworld.com

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“Hi, I’m interested in this business. Is it still available?”

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