Well established bayarea Seafood wholesale/Distribution company

San Francisco, CA (San Francisco County)

Well established bayarea Seafood wholesale/Distribution company
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Asking Price: Get Financing: $1,500,000

Cash Flow: $301,503

Gross Revenue: $10,994,508

EBITDA: N/A

FF&E: N/A

Inventory: $300,000

Lease Rate: $13,530 /Month

Established: 2006

Well established bayarea Seafood wholesale/Distribution company

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Business Description

Well established bayarea Seafood wholesale/Distribution company

This is a great a great opportunity to acquire a well established Bay area Seafood Wholesale, business. They have spent the past 33 years servicing
the San Francisco Bay Area’s Hotels, Country Clubs, Airline & Event Caterers, Upscale Retail Markets, and Restaurants as a same day purveyor of the finest quality seafood. 

Their staff consists of a close knit team of experienced employees, operating out of a Federally and State inspected HACCP compliant facility. They receive a wide variety of fresh seafood, live shellfish, and frozen product daily! 

 Distributing up to forty species of fresh seafood and live shellfish daily, they also keep an extensive variety of frozen seafood products in inventory for immediate sale.  Thanks to their skilled filterers and high standards, they have become local industry leader in cutting fresh portion control seafood for Hotels and Caterers that rely on this specialized service.  Dedicated to quality and customer satisfaction, they pride themselves on being able to receive an order early in the morning and have it delivered fresh to our customer to serve on their lunch menu that same day!
To save time and cost they have recently signed up with a outside internet based company whose goal is to help food service businesses flourish by making it effortless to receive their seafood and supplies at the lowest possible cost.
The company does Private packaging and has a brand name for its products. They have a large fleet of leased Trucks that cover all of San Francisco bayarea.
They have a great location next to major Freeway. SBA financing for a qualified buyer is possible.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
15,630
Lease Expiration:
12/31/2019
Employees:
22
Facilities:
Great location with over 15K sqft monitored by video surveillance.
Competition:
Local industry leader in cutting fresh portion control seafood for Hotels and Caterers that rely on this specialized service. The challenge to to find good employees that are dedicated.
Growth & Expansion:
There is alot of room for growth through better marketing and hiring additional sales staff etc.
Support & Training:
30 day free . If compensated, owner is will to stay on as long as necessary for a proper transition.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Ken Khan

Business Listed By:
Aisar Khan

Century 21 Business Team

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