Seller Financing Available
Internet B2C Live Lobster Seafood Retailer EB-5 EB5
B2C Live Lobster Seafood Retailer EB-5 EB5
Vero Beach, FL
This attractive B2C ecommerce retailer specializes in selling live, fresh lobster, seafood and prepackaged meals from the dock to your doorstep. Founded in 2010, this internet-based business has generated extremely aggressive revenue growth and cash flow. The owner's unique business model has been instrumental in allowing for a highly scalable platform that combines the benefits of live seafood products delivered fresh with the margins, flexibility and scalability of an internet based business.
This is a perfect bolt on acquisition for both private equity firms and corporate buyers looking to either enter the B2C direct to consumer live lobster and seafood market or strengthen its current market presence. It is also an opportunity for a traditional B2B seafood distribution/wholesale company to sell direct to the consumer, disrupting the traditional seafood market. Given the owner is willing to stay on and grow the company, it is also very attractive for an absentee owner seeking solid, dependable and growing returns.
The reputation for the company speaks for itself – it has recurring deals with Amazon, Groupon, Living Social, Ebay, Gilt City and has received a tremendous amount of positive press from JP Morgan Chase, USA Today, ESPN, Wall Street Journal, Country Living and more. It has an extensive and active social media campaign on Facebook, Twitter and Instagram. In addition, the Founder and President of the company has been selected by JP Morgan Chase for its national advertising campaign and the company has over a dozen celebrity endorsements.
The sale of this business offers an extremely rare chance for a domestic US or foreign acquirer to pick up an incredibly strong brand with massive scope to grow nationally and internationally.
Items to note:
Q1 2015 actual revenue is 63% greater than Q1 2014 revenue and the above stated revenue is pro forma for 2015.
Net margins are expected to expand to 13% in 2015 from 11.5% in 2014. This 13% assumption is reflected in the above net income.
The company is located in the State of Florida but can be relocated anywhere in the world with no disruption to operations, should the buyer decide.
Company does not hold inventory and does not incur any of its associated costs, little to moderate working capital required.
Although it is not official, all indications are that the company will be included in the Inc. 5000 2015 Fastest-Growing Private U.S. Companies list.
The company is also a drop shipper for other well known brands.
The owner will entertain offers of varying financial and legal structures.
The company meets the requirements for Immigrant Investor Program EB-5 EB5
For more information, please review, sign and return the NDA below to fmon1@ChicagoBooth.edu
Once a signed NDA has been received, a brief offering memoranda and the last 4 years of federal tax returns will be sent to the potential buyer.