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Fish processing and packaging farm

ID
16501
Land Price, EUR
34
Detailed Urban Plan (DUP)
Nb of storeys allowed
2010
Master Plan Approval
Net profit - investor, EUR
590 000
PAYBACK PERIOD, years
6
Disount rate
5
Total revenue - investor, EUR
446
Local Area Study (LAS)
Community charges paid
Gross Construction Area - base
4
Gross Construction Area - buildings
2

Fish processing and packaging farm located in Podgorica. The farm is functioning since 2010.

 

Core business: fresh and frozen fish processing, fish sale, import, export of smoked and frozen fish.

 

Main business idea – production of ecologically clean fish products free of GMO and preservatives.

 

Main product – pickled carp, smoke-dried carp, smoke-cured carp.

 

Manufacturing facilities and fixed assets:

- the business is fully equipped with machines necessary for producing

- 3 autos for delivering production

 

Real estate:

- detached building of 446 sq m

- land plot of 1000 sq m

 

Certification: international certificate HACCP.

 

Distribution channels:

- there are distributor contracts with all large retail chains and restaurants of Montenegro

- contract with retail chain in Serbia

 

Production volume: processing of fresh fish in amount up to 5 tons per month.  There is option to increase production volume up to 50 tons per month.

 

The factory is in the process of development, product-line expansion and increasing the volume of production and selling of finished product, export development to EU countries.

 

Competitive advantages:

- unique factory producing pickled and smoked fish in Montenegro

-  favorable geographical position: close location of Montenegro to the EU and CIS

- low labour costs

- excellent location close to national parks, which guaranties the ability to supply high quality environmentally friendly raw materials. 

 

Options of purchasing:

-stake of 100%

-stake from 30 to 50%

 

The price for the stake is calculated based on business valuation of 590 000 EUR.