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Advert Ref: FishMarket

Fish Market & Seafood Distributor With Market Niche For Sale

Details: Asking price:$275,000; Sales revenue:$926,000; Net profit:$165,000; Fixtures value:$20,000; Inventory value:$5,000

Business description: This centrally located fish market and distribution operation occupy a unique market niche, allowing them to benefit from a retail storefront in a high-end neighborhood. The business is ideal for a sales oriented owner-operator who will be able to continue to growth the distribution side of the operation. With roughly a 50% retail vs. wholesale split in business, a new owner may seek to take the business in either direction, or continue to integrate through the value-chain to offer its loyal client base a ready made end product.
This opportunity is not available to co-broker. A Confidentiality Agreement and Buyer Profile indicating proof of ability to purchase will be required for all prospects to provide.

General information: Years established:5; Employees: 2 f/t; 1 p/t; Trading hours: M-Th 8-6; Fr 7:30-3; Real Estate: Lease; Lease terms:750 sq. ft. for $1,500; Location:This tidy operation enjoys the best of all worlds – it operates out of a highly efficient 750 square foot high foot traffic retail location, from which fresh fish are also stored and distributed to local restaurants and other markets alike. The ideally located facility leases for only $1,500 per month, on a lease that terminate this year but comes with at least 1 five year option. The sale includes all of the walk-in coolers, freezers, prep tables, deli cases, and retail shelving necessary for a new owner to grow the business to become even more profitable.; Expansion potential:New owners may seek to expand either or both the retail and wholesale business within complementary product categories, or open additional retail locations.; Competition / Market:By definition, any market or distribution business is highly competitive in nature. This business, however, has carved out a unique market niche, and has created a secure income stream that is derived equally by both segments of the business.; Support & training:2 weeks at 30 hours per week; Reasons for selling:Personal