Description

This business manufactures fresh ready to eat (RTE) seafood products, such as fish cakes (ie: kamaboko, kusishasi, etc) and fish paste. The company is also a wholesaler of various whole fish and various shell fish, servicing customers from all the islands of Hawaii and military commissaries in the US and overseas.

The brand is very well known and its products are sold to government and private institutions, other food manufacturers, distributors, wholesale and retail stores and restaurants. Notable customers include Costco, CVS- Long's Drugs and Safeway supermarkets.

BUILDING, LEASEHOLD INTEREST INCLUDED IN THE SALE

Manufacturing facility and offices are in a 10,000 SF building that is owned by the seller. Building sits on a 13,000 SF land with a long-term ground lease. Land is not for sale. (Many of Hawaii's properties are on long-term ground leases).

The facility is FDA registered and has state government issued health permit and certificate.

This business has been around for almost 70 years and has plenty of opportunities for growth. With the manufacturing, storage and freezer/refrigeration build-out, new seafood products can be manufactured and sold to its existing book of accounts consisting of about 400 customers.

Make an offer. Price will be determined by BEST OFFER and expected to be in the (millions). Serious inquiries only.

This may be an excellent opportunity for foreign buyers looking for US investment.

Posted Jul 16, 2015

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