Wholesale Seafood Distributor w/Real Estate #19816

RI

Wholesale Seafood Distributor w/Real Estate #19816
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Asking Price: $2,050,000

Cash Flow: $402,272

Gross Revenue: $8,254,321

EBITDA: N/A

FF&E: $150,000

Inventory: $5,000

Real Estate: $600,000

Established: N/A

Wholesale Seafood Distributor w/Real Estate #19816

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Business Description

Growing Sales Up 10.7% in 2019

Established wholesale distributor with large customer list.

This company sells fish, seafood, lobsters, chicken, meat, frozen foods and canned goods.

Its customers are restaurants, retail markets, nursing homes, caterers, commissaries, mobile food trucks, seasonal eateries, membership clubs, event halls, etc.

Fresh and frozen goods are sourced from fisherman, importers and packers including private label goods and it is a high-volume cash and carry business.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
4,200
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facility which is included in sale price has offices, a production freezer, cold storage and loading docks. Clean modern building with security cameras and all equipment needed to operate. A small fleet of trucks with GPS in all.
Growth & Expansion:
This is a very profitable wholesaler and a rare seafood opportunity. Perfect for an Owner/Operator or a branch location for an established wholesaler. Unique Southern New England market area poised for growth.
Support & Training:
As needed for a smooth transition.
Reason for Selling:
Retirement
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Kevin Nery

Business Listed By:
Kevin Nery

The Nery Corporation d/b/a Coastal Business Brokers

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Memberships & Certifications:
Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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