Business For Sale American Samoa | Business For Sale Listings
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Things to Know About the Business for Takeover American Samoa
American Samoa is a territory in the US that is unincorporated and is made of total five islands along with two atolls. Its economy is much dependent on the income generated from tuna canning along with processing. On account of its white pristine beaches, clear waters and cliffs, it has immense scope for the development of ecotourism.
Infrastructure has improved very much in American Samoa. They have well-developed roads and an international airport that helps in maintaining supply chain and logistics. Water and power supply are also adequate here, along with a well-developed sewage system. There are also good internet providers and telecommunication facilities.
Recent surveys have shown that half of the population are young and between 20 to 30 years of age. This is a big advantage for investors considering the potential for skilled workforce in this region. The abundance of many varieties of marine life is a big positive factor that can potentially develop industries related to fishing in American Samoa.
Foreign investors thinking of doing business in American Samoa find themselves dealing with land ownership issues. The limitations in transportation facilities to and from American Samoa also are a negative factor. Another negative factor of doing business here is that this area is affected by cyclones as American Samoa is located in the South Pacific region.
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