This Business is actually for sale, There are several reasons that have led to this decision, Firstly TMFF has 22 shareholders and like any group their individual needs tend to change over time.
There are some shareholders wanting to see a return on investment whilst others want to continue with approved expansion, but moving forward with the next expansion phase requires a minimum investment of $2 million AUD and existing TMFF shareholders just dont have this kind of money.
It is not only about having the funds to expand, an investor that could open up opportunities in Asia would be ideal, we see that selling and giving control to the right person will be a win for everyone - existing investors will be rewarded for the 20 years and TMFF can fast track the many opportunities that exist.
The building management skills of Nick Arena can be better utilised replicating the technology in somewhere like China, we don’t have the right connections in China and cannot capitalise on these opportunities
We have always had a lot of interest from China for the technology we have developed but our fear has always been trying to control the use of our technology. If we were to sell small systems to China we feel it would just be copied.
We believe that the most likely purchaser of TMFF would be someone from China who can see the value in what we have developed and be in a position to expand the business here in Australia and also be able to replicate and keep control of the technology in China without losing it to competitors.
Tailor Made owns 43 acres of land which has a yearly water allocation of 102 million litres which is sufficient to increase the existing 50 tonne to 250 tonne production per year, there is also a Hydroponic system, a Restaurant onsite that caters for functions tours groups and normal diners, there is also a food processing centre that is built but not functioning as a business income stream, but it holds a licenced to sell alcohol wine spirits beer, value add foods and sell seafood’s Meats vegetables and deli products, the property has over 400 metres of concrete access driveway + concrete car parks and an electrical system in place to cope with expansion backed-up by a 425 KVA auto start generator.
There is a second opportunity to develop a project in Bali that is ready for investment, the Land and Government approval are in place and the site has good water and power available with a perfect climate and reasonable labour rate.
We have great interest in replicating the technology in China with the right financial partner.
We are seeking a partner for Processing / value Adding facility that has already been constructed on-site at our farm but is not 100% operational, the building is 500 square metres + a 100 square metre covered veranda, the intent is to value add and sell locally produced produce combined with our own production of fish and vegetable, I believe there is the opportunity to export products to China besides the direct sales to visiting tourists the the area. You can contact me directly on mobile 0418-459226 or for international callers +61 418-459226 to discuss the many options, the facility also has a retail Liquor licence to enable selling of wine beer and spirits.