11 Year Old Aquaculture Business For Sale
Location Florida,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1058275
Net Profit / Cash Flow $255000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1998
Number of Employees 4 - 5
Inventory 1026735
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Training 4 weeks
Reason for Sale Health reasons
Description WHOLESALE: Aquaculture: A commercial grower and marketer of seafood products, this recession resistant 11 year old aquaculture business purchases seed product and grows it to market size on leased acreage in the Gulf of Mexico. After a 12 to 16 month growing period (depending on market size required) the products is ready to harvest, process, grade and ship, usually by air freight. Customers include wholesale seafood distributors, retailers and restaurant chains across the US and Canada. The business also operates a Florida coastal delivery route. Sales have grown steadily over the years and continue to increase, unaffected by the 2008 - 2009 economy. The sale includes the waterfront shop, pier and office building, all boats, $870,000 in water inventory (current value), growing and processing equipment, and an adjacent 3 BR 2 bath residence (normally rented out). FFE included is $148,500. This is a wonderful opportunity for anyone interested in living in a quaint, pristine Florida coastal area and making a great living owning a very profitable green, sustainable and eco friendly business. Current owner nets over $255,000.
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