Seafood wholesaler specializing in smoked fish.

Featured on BizBuySell.com . 14 viewed

Asking Price

$1,300,000

FOR SALE - ACTIVE

Detailed Information

Location

Bergen County, NJ

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

Established in 1995, this seafood producer specializes in smoked fish products and operates as a business-to-business wholesaler. The company primarily generates revenue by selling to large distributors, with word of mouth serving as its main form of advertising. Offering custom labeling to specialty food distributors nationwide, the business utilizes third-party refrigerated trucking and UPS for shipping, with customers able to pay within 21 days to maintain healthy cash flow. Managed by a husband-and-wife team, with the husband as the sole owner overseeing production and the wife handling administrative duties, the business employs six individuals who work in production. While the owners are seeking retirement, the husband is open to assisting the new owner for 1-2 months and providing hourly consulting services thereafter if needed. One employee holds a decade of experience and is familiar with the business operations, while additional labor is subcontracted during busy periods. The company aims to expand by reaching new distributors and increasing market reach for its products.

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Listed By:

Name : Matt Lyna

Phone Number : Show Phone number

Matt Lyna typically replies in about 7 minutes

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