REDUCED! The Freshest Catch in TN is from these two seafood markets!


Freshest catch in TN

Asking Price:$205,000

Cash Flow:$115,000

Gross Revenue:$581,427





REDUCED! The Freshest Catch in TN is from these two seafood markets!

Get Financing Save Print Share Valuation Report

Business Description

Shuttling fresh domestic gulf seafood to two seafood markets, one in Middle Tennessee and the other in West Tennessee, has exploded the family legend started in Florida in the 1950s.

Walking into either market feels like being transported right onto 30A in Florida, where the options are endless and exactly to your taste. Counters welcome customers with row after row of fresh crab legs, shrimp, scallops, fish, and even pints of oysters that rival any "fresh" shucked that a nearby might grocer might be promoting.

Stores are available individually or together:

1) Middle Tennessee asking price: $124,500, includes FF&E of $47,800 (coolers / display cases / scales / equipment / freezers etc.)

2) West Tennessee store: $79,900 includes FF&E (ditto above) of $33,825.

3) OR both stores (and all FF&E) for $205,000.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
West Tennessee: 1100 sf foot store in a high-traffic location, on one of the main arteries of this mid-sized West Tennessee city. Lease is month-to-month with option to renew. Middle Tennessee: 1400 sf foot store, in a idyllic Middle Tennessee community, on a busy main street that runs right past the country club, through the heart of downtown. Lease runs through December 2016- option to renew.
Renowned as the freshest catch from the gulf in two Tennessee locations for many years, no other grocery positioning itself as exclusively a seafood market offers a more extensive selection of the freshest available. Local groceries' imports come in once/week.
Growth & Expansion:
Events / specials posted on Facebook often result in sell-out. Stores feature some cooked food and events on-site, but the owners also cater- another opportunity for expansion. There are few in-store processed product offerings: rubs, seasonings etc., currently, so the development of branded products under the strong name (available with purchase) might be another opportunity. Multi-generational fan base, growing every day. Current marketing is all digital- Facebook sites have been very successful- West Tn store FBook site has almost 5,000 'Likes', Middle TN store FBook site almost 10,000 'Likes'.
Support & Training:
Owners will remain for a negotiable period of training and transition. Furthermore, the owners currently make twice-weekly runs to the coast for the inventory- they will continue to be involved– proposing to deliver the seafood the stores as they currently do, at the same cost shown in their financials today.
Reason for Selling:
more time with family

Listing Statistics for Premium Members

Ad#:1265014 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

William Oates

Business Listed By:
William Oates

Alliant Capital Advisors LLC

Show Phone Number

View My Listings

Sponsoring Broker:
Bill Marrero

Find out more...

Get more details about this business.

Similar Listings

Jon Smith Subs

Franchise Opportunity
Capital Required: $250,000