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North Carolina
Established Multi-Channel Seafood Distr. & Retailer-RE Available
Asking Price
$2,550,000
Revenue
Call/Email
Down
$255,000
Cash Flow
Call/Email
Name: John Chaffee
Name
John Chaffee
Description
Business Price: $2,550,000
Real Estate Price: $1,200,000
Business and real estate are to be conveyed with the sale.
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.
Real estate is part of the transaction.
Ideal opportunity for a strategic buyer, food distributor, private investor, or operator seeking a platform acquisition in the seafood sector.
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.
The current owner will continue to live in the area and will be available to serve as a consultant or advisor if requested. willing to stay on and be paid for up to two years after the initial four weeks of training to assist the new buyer with the growth of this business. He has many ideas for expansion, especially as it relates to a "buying local/fresh program". The community has also expressed an interest in the current owner being a wholesaler/distributor of another meat selection. Sort of a "surf & turf" offering.
https://tworld.com/locations/North-Carolina/eastern-nc/listings/Established-Multi-Channel-Seafood-Distr-Retailer-RE-Available
Business Details
Year Established:
1972
Employees:
39
FE&E:
$512,465
Reason for sale:
Other business interests
Lease & Tenant Information
Lease Options:
N/A
Other Information
Listing Number:
13485-259094
Sales:
$4,611,207
Seller's Discretionary Earnings:
$443,852
Inventory:
$200,000
Posting Information
Posting ID:
ID tw:88831 / Listing Number 13485-259094
Business Category:
Wholesale, Manufacturing, Restaurants
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Established Multi-Channel Seafood Distr. & Retailer-RE Available
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*88831
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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