SUCCESSFUL SHETLAND SEAFOOD BUSINESS UP FOR SALE

Successful Shetland seafood business up for sale.  A prominent island-based seafood business, Blydoit Fish Ltd, with bases in Scalloway and Lerwick in Shetland, is on the market.

The business, which has been operating since 2003, has established a successful and profitable trading position, with steady growth since its inception. Currently employing 18 people, it has become a cornerstone of the local community. As well as operating two fishmongers, Blydoit supplies hotels, cafes, restaurants, takeaways, the hospital, care homes, and local shops with fish and shellfish.

The sale presents an exciting opportunity for a new owner to continue to build on the legacy created by James John Shearer, staff, and fellow shareholders of the whitefish boat Mizpah LK173. Originally established to sell the boat’s own catch, the business has grown over the years by earning and preserving its reputation for quality and service. With the fishing vessel now sold, Blydoit sources whitefish from the islands’ fish markets and other local processors, selling an array of fresh and smoked products to a very loyal customer base.

The company currently processes around five tonnes of fish per week and has a six-figure turnover.

James John Shearer said:

“We are proud of the legacy we’ve built over the last two decades and would like to thank our customers for their support.

“This is a fantastic opportunity for a new owner to continue the tradition of providing our Shetland and trade customers with fresh fish. With two operational bases and a dedicated team, the potential for growth is tremendous.”

Shetland’s position at the heart of rich fishing grounds, with its two modern fish markets, plays no small part in the business’s success: Blydoit is ideally placed to secure premium quality fish for its existing and, potentially, a much wider customer base.

The new buyer will be offered an agreed period of transition to ensure a smooth handover.

Anyone with an interest in buying the business is encouraged to contact the seller direct.

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