Cape Breton Commercial Bivalve Production Operation

File#1013MA

Asset Overview

• Active multi species aquaculture business in Cape Breton, Nova Scotia with over 600 acres of lease sites available
• Primarily for Blue mussels, but site is also licensed to grow oysters and scallops
• Also suitable for cultivation of sugar kelp
• Lobster is also able to be landed at the wharf
• This processing facility was constructed in 2022
• Located in St. Anne’s Bay, the sites are known to produce large high quality line cultured mussels
• Generally able to provide product to its customers on a year-round basis
• The bay is a deep body of water, providing a unique area for mussel aquaculture development
• The bay’s flushing action, deep water and the minimal ice permit the growth of good quality mussels at a lower cost than many areas in PEI
• There are little commercial or residential developments around the bay
• Unlike mussel growing areas in PEI, agriculture runoff is minimal
• The sites have minimal invasive species that can influence the growth and productivity of the area
• Area would be sufficient to grow between 2.5 and 3 million pounds of mussels annually
• Presently 100,000 lbs of inventory at various growth stages and 50,000 lbs of seed on the lease
• Ample room to expand operation
• Acquisition includes all necessary infrastructure to operate including a building, wharf, two vessels and 3.80 acres of waterfront land
• Additional information available upon request Sites represent turnkey opportunity for year round mussel aquaculture cultivation providing a continuous supply of high quality, large mussels

Asking Price: $1.6 Million CDN