Established Multi-Channel Seafood Distr. & Retailer-RE Available
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Established Multi-Channel Seafood Distributor & Retailer – Real Estate Available
Well-established seafood company with decades of operating history and strong brand recognition in its regional market. The business operates through diversified revenue channels including wholesale distribution, direct-to-consumer retail, restaurant supply, and a growing e-commerce platform.
The company benefits from long-standing supplier relationships, recurring commercial accounts, and a loyal retail customer base. Operations are supported by substantial cold storage and processing infrastructure, creating meaningful barriers to entry.
Significant opportunities exist to expand geographic reach, increase online penetration, and further develop higher-margin product lines.
Business and real estate are to be conveyed with the sale.
Ideal opportunity for a strategic buyer, food distributor, private investor, or operator seeking a platform acquisition in the seafood sector.
Well-established seafood company with decades of operating history and strong brand recognition in its regional market. The business operates through diversified revenue channels including wholesale distribution, direct-to-consumer retail, restaurant supply, and a growing e-commerce platform.
The company benefits from long-standing supplier relationships, recurring commercial accounts, and a loyal retail customer base. Operations are supported by substantial cold storage and processing infrastructure, creating meaningful barriers to entry.
Significant opportunities exist to expand geographic reach, increase online penetration, and further develop higher-margin product lines.
Business and real estate are to be conveyed with the sale.
Ideal opportunity for a strategic buyer, food distributor, private investor, or operator seeking a platform acquisition in the seafood sector.
About the Business
- Years in Operation
- 54
- Employees
- 39 Full-time
- Facilities & Assets
- The original manufacturing building was built in the 1920's and was converted to a seafood processing plant in the late 1950's. It was shut down for a period of time before being reopened in 1972, sold in 1986 then purchased in 2002 by the former owner. A separate building was built on an adjacent parcel in the 1993 and outfitted for crab processing. The current owner, Jason Hall, purchased the company in March 2020.
Since 2002, the owners have steadily increased sales and profitability, even during periodic recessional periods and hurricane seasons. - Market Outlook / Competition
- The US seafood industry is expected to grow by nearly $2 Billion over the next five years or roughly 8% (1.26% CAGR) and the limiting factor in domestic production is sourcing fresh caught fish and shellfish. According to Greenwich Capital Group, the business outlook for domestically produced fresh-caught and frozen seafood in the U.S. is positive and growing, driven by rising demand for sustainable, high-protein, and traceable products.While facing competition from high import volumes, domestic producers are benefiting
- Opportunities for Growth
- The Company invested heavily in establishing an e-commerce platform and marketing. These sales are growing well, now accounting for nearly 7% of sales with the potential to grow exponentially over the next 2-4 years.
The current processing plant is running at a small portion of full capacity, so there is a huge upside for a new buyer in both the processing of additional seafood, whether it be in the local harvesting or in the bulk breaking and/or re-packaging/distribution of frozen product.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 29,675
About the Sale
- Seller Motivation
- Other business interests
- Transition Support
- 2 weeks
Listing Info
- ID
- 2477544
- Listing Views
- 12
Listing ID: 2477544 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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