Businesses for Sale - Tasmania

Tasmanian Abalone Farm

The business was established in 2002 and is now a vertically integrated operation that efficiently controls all phases of production (from hatching to harvesting).

This is a unique opportunity to acquire a well established business in an industry with strong long term prospects incorporating;

- A land-based abalone grow-out facility in Northwest Tasmania producing Tiger Abalone suitable for the canning, frozen and live Abalone markets

- An experienced & loyal management team of 9 people

- A current production capacity of 75 tonnes

- A long term leasehold over 18 acres of land, although only 10 acres (approx.) of this land is dedicated to Abalone production. The remaining 8 acres could be utilised to deliver an estimated additional production capacity of 40 tonnes, utilising an additional 60 tanks

- Extensive plant & equipment (including 8,450 sqm of tank space & pumping systems with specialised hatchery, nursery and grow-out areas, power supplies, alarm systems, buildings, shedding, office space, sundry vehicles and other plant & equipment

- A well diversified 36 tonnes of Abalone biomass at March 2009

- Various operating licences and Intellectual Property

Abalone is a quality protein and is expected to benefit from worldwide upward trends in seafood consumption. Globally, fish is increasingly favoured as the healthiest form of protein. Global per capita fish consumption continues to grow strongly.

Demand for abalone is expected to grow and will be underpinned by:

1. The emergence of Asia, and particularly China, as an economic powerhouse. This is expected to significantly increase fish consumption due to a strong population bias towards protein foods. Abalone in particular is expected to benefit from this trend.

2. In Australia, Europe and the United States, abalone shows good prospects as a sustainable seafood product. It is rated as ‘best choice’ for sustainability by the Monterey Bay Aquarium Seafood Watch.

Kerr Capital - Melbourne

Level 9, 63 Exhibition St
MELBOURNE 3000

Phone Agent

Office Phone: 03 9669 6902 Listing Agent/s:
Michael Kerr 0416 213 300

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