Wholesale Seafood Distributor
Location: > Not Disclosed
Industry: Wholesale and Distribution > Wholesale and Distributors
Financials
Asking Price: $1,450,000
Gross Revenue: $10,200,000
Cash Flow: $390,000
Business Summary
Founded over 60 years ago, this Mid-Atlantic based Company primarily operates as a wholesale distributor of a full-line of fresh and frozen seafood. The Company’s product line includes blue crab, oysters, and a large variety of fish. Along with wholesale distribution, it also retails a small line of packaged seafood and condiments.
In 2006, the Company booked $10.1 million in annual sales and nearly $400K in adjusted EBITDA.
The Company’s primary targets are wholesale and independent seafood markets, as well as restaurants. It reaches its target market via sales representatives, advertising, trade shows, and directory listings. The Company enjoys a large percentage of repeat business.
The Company employs nine full-time individuals, excluding the owners, and hires seasonal workers during peak season. The owners and employees have ample experience and vast knowledge of the industry.
In 2006, the Company booked $10.1 million in annual sales and nearly $400K in adjusted EBITDA.
The Company’s primary targets are wholesale and independent seafood markets, as well as restaurants. It reaches its target market via sales representatives, advertising, trade shows, and directory listings. The Company enjoys a large percentage of repeat business.
The Company employs nine full-time individuals, excluding the owners, and hires seasonal workers during peak season. The owners and employees have ample experience and vast knowledge of the industry.
About the Business
Employees: 9 full time -
About the Sale
Reason For Selling: The Owners are looking to either retire or pursue other business interests.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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