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Established Tuna Longline Fishing Company In Fiji For Sale

Fiji
Asking Price:
$2,500,000 (USD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Operating tuna fishing group with its own Japanese-built, Fiji-flagged fleet, long-term fishing licences and export sales of chilled tuna to North America, Asia and Oceania.

An established group of companies with more than ten years of tuna fishing operations in the South Pacific is offered for sale.

  • Own fleet of Japanesebuilt tuna longliners under the Fiji flag
  • Longterm fishing licences attached to the vessels
  • Chilled tuna exported to markets in North America, Asia and Oceania
  • Longstanding customer relationships
  • Vessels and products certified to international standards
  • US market access confirmed: Fiji's longline fishery holds a NOAA comparability finding under the US Marine Mammal Protection Act
  • Limitedentry fishery: Fiji caps its licensed longline fleet at 60 vessels, with a total allowable catch of 12,000 tonnes

Growth opportunities: fleet expansion subject to additional licences, new markets including the EU, and value-added processing.

Asking price: USD 2.5 million. The transaction is a sale of shares; the structure is negotiable. Financial statements and documents on the vessels and licences are available after signing an NDA.

Property Information

Location:

Fiji, South Pacific. Fiji-flagged fleet operating under Fiji fishing licences.

Business Operation

Expansion Potential:

Fleet expansion subject to additional licences; new markets including the EU; value-added processing in-house or with local processors.

Competition / Market:

Limited-entry fishery: Fiji caps its licensed longline fleet at 60 vessels, with a total allowable catch of 12,000 tonnes.

Years established:
10+