Lobster Distributor For Sale

Business description

This lobster distributing business was founded in 1995, and has been at current location since 2003. They offer wholesale distribution of fresh Maine lobsters, retail sale of fresh Maine lobster, fresh and frozen haddock, frozen scallops and shrimp, and rental of storage space in their lobster tank. Additional revenue streams from rental of office space and a two bedroom apartment located on the second floor. They have an opportunity to have a positive impact on the community offering employment in a time and area where it is not an easy thing to find. This is a fantastic opportunity for the serious buyer who wants to grow and expand an already profitable company. Request more information today!

Property information

Real Estate:

Real Property Included

Premises details:

Included in the offering are 2 acres of land with a stick-built 2 story building 80x100 feet. Building has 8,000 sq ft on first floor; 6,000 on second floor. Exterior has paving around 95% of building. Building is EU and FDA certified; HACCP certification is dependent on employment of certified manager. There is external lighting on all four sides of the building. First floor has 4 office spaces, one bathroom, retail entrance, tank room, an external 8x12 freezer, a 10x14 ice room and the electrical room. There is a 26x80 garage with 20 foot sidewalls and two 12x14 foot garage doors. Access is available to second story. The second floor has an external stairway for private entrance to upper offices and apartment. The second floor consists of 5 office spaces and a 2 bedroom apartment and a 16x64 foot storage area, with access to first floor garage. There is ample parking.

Business Operation

Expansion potential:

This location offers a unique opportunity for a processing plant which could handle not only Maine lobsters, but the processing of crabs and shrimp as well. Currently most the processing of lobsters caught along the coast of Maine is done in Canada, as there is only one processor in the State. On average, 30,000,000 – 50,000,000 pounds of lobsters are shipped to processors per year. The cost of shipping from Maine to Canada ranges between .15 and .25 per pound, a savings which would be realized immediately when processing product locally. This was taken into consideration when the facility was built, and enough room was left to add on a plant.

Competition / Market:

There is very little competition in this area.

Reasons for selling:

The current owner is selling for personal reasons.

Trading hours:

300+ days per year

Employees:

4

Years established:

15

Other information

Support & training:

Support & Training: Owner

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Financing up to 20% may be available for the right buyer.

Furniture / Fixtures value:

$38,000 (included in the asking price)

Website:

www.intlag.com/