Latvia
Riga
Fish Cannery
A great offer for investors!
Fish cannery for sale in Latvia.
The business has a long history with a very good reputation, the products are considered one of the best in the world. The company is a gold member of LCCI, a leader in innovation and new patented products.
The company has international certificates for export to China (CNCA), to the USA
(FDA certification), IFS, which is an additional food safety certificate required by most EU supermarket chains, as well as other certificates requested in secondary markets, and a kosher certificate.
Almost any kind of canned fish can be produced in any packaging available in the world.
No preservatives (except natural ones, oils, salt, smoked) and flavor enhancers are used in the production. Only thermal sterilization (heat treatment +120 degrees from 45 minutes) ensures safe storage of products for 4 years at a temperature from 0 to +25 degrees, although the actual storage temperature range may be wider.
Currently, the company employs about 300 people.
Currently, the company produces about 2,000,000 cans per month,
The assortment includes smoked sprats, tomato sprats, fried fish, mackerel, sardine, herring,
fish meatballs, fish paste.
The products are mainly produced under its own brand and distributed through long-term partners of the company.
The average monthly turnover of finished products is approximately 1,000,000€.
EBITDA for 2019: 500,000€
The company has a credit line in the amount of 2,000,000€ in the bank
and a deferral on the tax debt in the amount of 1,500,000 €.
Owned by the company:
own berth
freezer with a capacity of up to 2000 tons of fish
production complex (area of about 5000 m2 )
land plot of 5 hectares
Price: 9,000,000€ +3% broker commission
