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New England Floating Fish Trap Business

New England Floating Fish Trap Business

File#1008MA

Asset Overview

  • Very rarely does a business acquisition opportunity such as this one come on the market. Being offered for sale is a longstanding and successful Eastern Seaboard floating fish trap enterprise.
  • Floating fish traps are one of the oldest methods of commercial fishing — utilizing an underwater maze of nets that catch certain species at certain locations depending on the time of year. This is a very conservation-minded fishery with little to no bycatch. Fish are kept alive in the net and can be released alive. This traditional fishery is known for producing an extremely fresh and high quality product.
  • The company is being offered as a complete enterprise and includes a total of 26 grandfathered fish trap sites, as well as a State fishing quota.
  • The current owner is willing to train the new owner and remain on as an employee.
  • The strategically-located operation comes fully equipped and includes the following equipment:
    • A 63-foot steel Gladding and Hearn mother vessel — a long-term lease can be obtained for the dock.
    • A 38-foot aluminum double-ended trap boat.
    • Three 30-foot aluminum double-ended trap boats.
    • Two 16-foot aluminum trap skiffs.
    • Five complete fish traps, equipped with wire, rope buoys and miscellaneous netting and equipment.
    • One Ford single-axel cabover tractor.
    • Two stake body trucks.
    • Eight semi-box trailers.
    • Conveyor, culling board and related equipment.

Businesses for Sale