Successful Seafood Market, Deli, Restaurant & Bar...
Business Description
Unique food business proven to be profitable.
Established in 2020, this unique multi-faceted food business combines a fresh seafood market, Boar's Head deli, restaurant, and bar under one roof in Mathews, VA. This profitable franchise operation has demonstrated consistent growth since opening, generating $689,000 in annual revenue with strong cash flow of $270,000.
BUSINESS HIGHLIGHTS:
• Multi-revenue stream concept with seafood market, deli, restaurant, and bar
• Established franchise with complete operational guides
• Strong financial performance with 39% cash flow margin
• Large, loyal customer base with online following
• Experienced staff of 25 employees committed to staying
• Prime location with excellent visibility and exposure
• Only business in the area offering this comprehensive range of products and services
FINANCIAL OVERVIEW:
• Annual Revenue: $689,000
• Cash Flow (SDE): $270,000
• FF&E Value: $200,000
• Inventory Value: $35,000
• Monthly Lease: $2,800 (expires April 2026)
OPERATIONS:
This turnkey operation serves multiple market segments through its diverse offerings. The business has evolved from a successful food trailer into a thriving brick-and-mortar establishment, proving the concept's viability and scalability. The franchise model includes comprehensive operational systems developed through years of market research.
GROWTH POTENTIAL:
Continued expansion opportunities exist with established operational frameworks. The current owners have developed expansion plans and franchise concepts that will be shared with new owners. The business model has proven sustainable with steady growth trajectory since inception.
TRANSITION SUPPORT:
The retiring owners will provide 24 days of hands-on operational training and remain available locally for ongoing consultation. The experienced staff team is committed to staying with new ownership, ensuring operational continuity.
Seller financing available to qualified buyers. This represents an exceptional opportunity to acquire a profitable, established business with multiple revenue streams in a market-leading position.
BUSINESS HIGHLIGHTS:
• Multi-revenue stream concept with seafood market, deli, restaurant, and bar
• Established franchise with complete operational guides
• Strong financial performance with 39% cash flow margin
• Large, loyal customer base with online following
• Experienced staff of 25 employees committed to staying
• Prime location with excellent visibility and exposure
• Only business in the area offering this comprehensive range of products and services
FINANCIAL OVERVIEW:
• Annual Revenue: $689,000
• Cash Flow (SDE): $270,000
• FF&E Value: $200,000
• Inventory Value: $35,000
• Monthly Lease: $2,800 (expires April 2026)
OPERATIONS:
This turnkey operation serves multiple market segments through its diverse offerings. The business has evolved from a successful food trailer into a thriving brick-and-mortar establishment, proving the concept's viability and scalability. The franchise model includes comprehensive operational systems developed through years of market research.
GROWTH POTENTIAL:
Continued expansion opportunities exist with established operational frameworks. The current owners have developed expansion plans and franchise concepts that will be shared with new owners. The business model has proven sustainable with steady growth trajectory since inception.
TRANSITION SUPPORT:
The retiring owners will provide 24 days of hands-on operational training and remain available locally for ongoing consultation. The experienced staff team is committed to staying with new ownership, ensuring operational continuity.
Seller financing available to qualified buyers. This represents an exceptional opportunity to acquire a profitable, established business with multiple revenue streams in a market-leading position.
About the Business
- Years in Operation
- 5
- Employees
- 25
- Franchise
- This business is an established franchise
- Facilities & Assets
- Beautiful brick building with large porch, Large outdoor walk-in cooler/freezer and impeccably maintained grounds. Interior all custom build with seafood market, deli, bar, dining room, and dish washing areas. Kitchen is state of art, well maintained, clean and efficient. Plenty of parking, best drinking water in the county, and public sewage. All equipment, wares, and non-alcohol stock included with sale. Complete operational guides & secret recipes also convey. Website, and all social media accounts also convey.
- Website
- https://theseafoodshackmathews.com/
- Market Outlook / Competition
- Unique multi-faceted business that stands alone. No other business in the area or surrounding counties offer the number of products or services in one location. Prime location, great exposer with massive customer base, and online following.
- Opportunities for Growth
- Steady growth since founded in 2020. Expanding from food trailer into brick & mortar proved profitable, and sustainable. Easy to franchise with complete operational guides and years of market research and evaluation. Or just enjoy owning/operating a unique, profitable business at a great location, in a great community. Expansion ideas and plans will be shared with new owners at time of sale.
Real Estate
- Owned or Leased
- Leased
- Rent
- $2,800.00 per month
- Lease Expiration
- 4/1/2026
About the Sale
- Seller Motivation
- We have spent years building a successful brand/business. Now ready to retire.
- Transition Support
- Current owner/operator will provide 24 days of operational assistance/guidance for an uninterrupted transition. Plus, owner is local and willing to answer questions to help ensure success of new owner(s). Experienced staff with great working knowledge and efficiency. Fulltime staff desire to stay onboard.
- Financing Options
- Some seller financing available to qualified buyer(s).
Listing Info
- ID
- 2397416
- Listing Views
- 960
Business Location
Listing ID: 2397416 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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