Newfoundland and Labrador
Live Lobster Holding Operation

File#1006MA

Asset Overview

• Long-standing, established Southern Newfoundland, 47,000-pound, live lobster holding facility.
• The operation is located adjacent to Lobster Fishing Areas (LFAs) 9, 10 and 11. These LFAs are known for their robust, hard-shell lobster, capable of shipping to live markets across North America.
• The facility contains two tanks for live lobster storage – one holds 27,000 pounds and the other 20,000 pounds.
• Facility has a valid provincial buyer’s licence.
• The current management/owners are willing to stay on after purchase and assist the new owners get established and familiarized with the equipment.
• This facility could be retrofitted to support other seafood or industrial purposes.
• The facility located 2.5 hours from the Gander International Airport, two hours from the Argentia ferry and eight hours from the Port Aux Basques ferry.
• Additional assets included with the sale include 16’x32’ shed, three commercial trucks and a residential property.