$1.5M Brooklyn Seafood Market Prime Corner Priced Only 3x Earnings
Business Description
HS Listing ID-69737
Established 9 Years – Strong Local Reputation
Prime Corner Location – Heavy Daily Foot Traffic
$1,500,000 Reported Annual Gross Revenue
Additional Discretionary Income Reported by Seller
Approx. $100,000 Net Annual Profit
Only a 3x Earnings Multiple
Low Rent – $6,500/Month
10-Year Lease Extension Available
Fully Staffed – 4 Employees
Turnkey & Operational 7 Days a Week
Growth & Expansion Potential (Major Upside)
Currently operating strictly as a fresh seafood market.
However, significant revenue upside exists by introducing:
Fried fish
Cooked seafood platters
Hot food takeout
Combo meals
Catering trays
Delivery platform integration
Seller has access to commercial frying equipment connections, allowing a new owner to expand into prepared seafood with minimal setup.
Prepared seafood typically offers higher margins and increased average ticket value.
This creates an opportunity to significantly increase net profit beyond current levels.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Established 9 Years – Strong Local Reputation
Prime Corner Location – Heavy Daily Foot Traffic
$1,500,000 Reported Annual Gross Revenue
Additional Discretionary Income Reported by Seller
Approx. $100,000 Net Annual Profit
Only a 3x Earnings Multiple
Low Rent – $6,500/Month
10-Year Lease Extension Available
Fully Staffed – 4 Employees
Turnkey & Operational 7 Days a Week
Growth & Expansion Potential (Major Upside)
Currently operating strictly as a fresh seafood market.
However, significant revenue upside exists by introducing:
Fried fish
Cooked seafood platters
Hot food takeout
Combo meals
Catering trays
Delivery platform integration
Seller has access to commercial frying equipment connections, allowing a new owner to expand into prepared seafood with minimal setup.
Prepared seafood typically offers higher margins and increased average ticket value.
This creates an opportunity to significantly increase net profit beyond current levels.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
- Employees
- 4 Full-time
Real Estate
- Owned or Leased
- Leased
- Rent
- $6,500.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2473287
- Listing Views
Listing ID: 2473287 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. See our full Terms of Use. Learn how to avoid scams.
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