Wholesale Seafood Distributor

Brevard County, FL

Seller Financing Available
Wholesale Seafood Distributor
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Asking Price: $1,700,000

Cash Flow: $392,745

Gross Revenue: $7,342,864

EBITDA: $392,745

FF&E: $385,000

Inventory: $200,000*

Real Estate: $500,000

Established: 1994

*not included in asking price.

Wholesale Seafood Distributor

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Business Description

Wholesale distributor for fresh and frozen seafood. The Company offers a full range of sea food products; which include 4,000 SF lobster room which prepares more than 2,000 lbs daily. The Company services Daytona, Tampa, Miami and Central Florida with more than 170 weekly deliveries. Facilities include a 10,000 SF free standing commercial building with a dock high loading dock, two large walk-in freezers and a large walk-in cooler. Additionally there is a 2,000 lb. ice machine, four 16 foot refer trucks, one 18 foot refer truck and two delivery vans.

This Company was established in 1994 . The Company operates six days per week from 8:00 am to 4:00 pm. Facilities are located in the Southeast United States.

Detailed Information

Location:
Brevard County, FL
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
10,000
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facilities include a 10,000 SF free standing commercial building with two large walk-in freezers and one large walk-in cooler. There is also a 2,000 lb capacity ice maker. The company utilizes four 16 foot refer trucks, one 18 foot refer truck and two vans. There is also a 4,000 SF lobster room that prepares more than 2,000 lbs per day of fresh live lobster.
Competition:
This wholesale distributor offers a full line of fresh and frozen sea food. The Company operates with gross margins between 15% and 18%.
Growth & Expansion:
Currently the Company services more than 150 accounts. The Company operates Monday through Saturday. Low customer concentration, long term stable income stream with low corporate overhead.
Support & Training:
Seller has been in business since 1994. The Company employees seven full time, with two managers. Seller will remain available for an extended period of time.
Reason for Selling:
Retiring
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Kent Cooper CCIM, CVA

Business Listed By:
Kent Cooper CCIM

Capstone Commercial

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