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Wholesale & Retail Seafood Processor and Distributor

Rhode Island (Newport County)

Wholesale/Dist. - Nondurable Goods | Retail - Other Food Stores

Asking Price $370,000 Inventory $7,500* 
Gross Income $1,200,000 Real Estate  
Cash Flow $65,000 Year Established 1978
FF&E $150,000* Employees 6

* included in the asking price

** not included in the asking price

High quality seafood business specializing in wholesale and retail sales selling to restaurants, hotels, schools and various other businesses. 75% of gross revenues are wholesale, 25% retail. Own a well established brand in this area. High volume, very profitable! Large accounts throughout Southern New England. Add your marketing and prepared foods and increase sales! 4 refrigerated trucks/vans included in sales price along with various other equipment including freezers, refrigerators, etc. Owner is out of state 7 months a year; staff dedicated and experienced. Real Estate available separately at $249,000 through a licensed RE broker.

Facilities: Real Estate available for sale (through licensed RI broker); includes a retail sales permit. 2500 sf building includes plenty of parking.

Competition: Known for high-end quality product.

Growth/Expansion: The addition of a salesman could increase sales. Owner out of state 7 months a year. Add prepared foods to significantly increase retail sales.

Financing: Present all offers

Support/Training: 2+ weeks

Reason Selling: Owners retiring

Business For Sale By

Mia Caetano Johnson

4014998360

United Brokers Group

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