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Oyster Business

Oyster Business in Egmont Bay and Bideford River

File#1012MA

Asset Overview

  • Active oyster business acquisition opportunity. Operational business with existing customers and in excess of 4,000,000 pieces of inventory in the water. Business has been in operation for over 30 years and includes all necessary infrastructure and equipment.
  • With approximately 60 acres of off-bottom leases in Egmont Bay. 3.66 acre bottom lease in Bideford River, and 6- 300 foot lines for spat collection in Bideford River the business represents a great opportunity to start or grow your business.
  • On the Egmont Bay lease, there is ample room for growth and expansion.
    • Off-bottom aquaculture of oysters has been proven to grow superior quality oysters.
    • Located on some of the best, sheltered grounds in PEI, Canada where there is little agricultural runoff, these sites produce high quality oysters with a 3 to 4 year growth cycle.
  • Over 4,000,000 pieces of inventory at various stages of growth, including those ready to be harvested in the Spring for market.
    • Presently harvest 300,000 pieces per year, however, if leases were fully utilized could significantly increase production.
    • On the Egmont Bay lease, there is ample room for growth and expansion.
    • The oysters are regularly worked throughout the growing season to produce high-quality and healthy oysters.
    • Sales have been approximately $0.50/oyster on average over last three years based on various sizes of oysters sold.
  • This business is a fully functional turnkey operation. Detailed information available upon request.

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