Well Established Fish & Seafood Market

Popular fish market stocks over 100 items on a daily basis, including: ¦ Fresh fish such as whole red snapper, flounder, buffalo, whole tilapia, ocean scallops, whole catfish, catfish fillets and steaks, salmon fillets, rainbow trout, ocean perch, tilapia fillets, and sea bass, plus shrimp, crabs, and other shellfish. ¦ Frozen seafood: gumbo crabs, frog legs, lobster tails, ocean perch, snow crab legs, king crab legs and whiting fillets. ¦ Seasoned and unseasoned bread coating mixes and crab boil seasonings and other seafood seasonings. ¦ And much more.

Relocation  The new buyer will pay for relocation. The current owner will help arrange for and coordinate the move. He has identified two excellent options in nearby and well known locations. This offers the buyer a rare opportunity for a Grand Reopening with the possibility of planning the new space to add both seating and take out of prepared foods.

Detailed Information

Financial Highlights

Asking Price: $195,000
Gross Sales: $756,000 from 2016 P&L
Cash Flow: $88,000 from 2016 P&L
Inventory: $20,000 not included in purchase price
FF&E: $50,000 included in purchase price

Market & Growth

This business has earned its reputation through word of mouth. But they have no website. A new owner can leverage their 62-year history by launching a new website. ■ A new owner might add seating and offer prepared items for consumption on the premises or for take out. ■ Finally a new owner might extend hours and days and begin to open on Mondays and Sundays.

Support & Training

The principals will remain with the buyer for a reasonable period to provide adequate training on all processes and operations and will transfer all relationships with their vendors and key employees.

Reason for Selling

The owner sold the real estate and will pursue other interests.

Wade Fulton