This business was established few years ago and in the planting phase. Geoducks take 7 years to grow into large clams. An initial investment of $100,000 is normally required to seed in 1 hectare today, and a return of 1.5 million is seen in 7th years and every year onward.

With this farm, there is well over 12 hectares of planting space. There are already stocks of over several millions worth of produce and it can be harvested starting in 4 years time and subsequently, every year.

Price for geoducks are going up every year and the demand in Asia is growing. The advantages of farm geoduck is the product is uniform and it doesn't controlled by the "permits"

There are also income from the current mussel clam production.

Over $300,000 value of boat and equipments, trade and development technologies, licenses and permits are included. Owner will train.

For information, contact vendor's agent Philip by email at www.business@philhui.ca


Business opportunities : no growth but market price of the geoduck will go up

Business competition : few competitors due to the unique license

Business location : off the coast of vancouver island
Price:
$3,500,000
Revenue:
$1,500,000
Seller financial available: No
Work from home: No
Franchise: N/A
Year established: 2004
Employees: 4
Inventory: $4,500,000
Date: Tue 30 Oct 2012

Listing Expired!

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