Seafood Distributer/Retailer/Waterfront/Restaurant

Palm Beach County, FL
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Asking Price:$595,000
Gross Revenue:$1,804,299
Rent:$5,976
Established Year:2014
Cash Flow:$235,295
Inventory:$5,000
FF&E:$150,000
BUSINESS DESCRIPTION

Reputable Business for Sale with Excellent Growth Potential - Already Within the

This business is one of South Florida's most reputable stone crab and seafood distributors. Originally focused on wholesale stone crab sales, the owner has expanded the product range to include a variety of seafood and launched a new restaurant that has quickly become one of the top-rated in the county. The business offers both fresh and frozen stone crabs, as well as other shellfish and fish. The wholesale segment remains the primary revenue driver, selling tens of thousands of pounds of stone crabs each season. The retail side is thriving, and the restaurant, which opened in early 2024, has seen impressive sales and strong community support, including positive reviews in local media. The restaurant is already ranked among the top 10 in Palm Beach County. All seafood is sourced directly from local crabbers and fishermen. The business is centrally located near residential areas with new developments expected to boost traffic. The owner is selling to focus on family and other ventures. Financial records are well-maintained and in excellent condition.

Avg Gross Revenue for past 3 years = $2,729,253
Avg Adjusted Net Earnings for past 3 years = $306,954
Please refer to listing 6401710933 and advisor James Knox when inquiring.


DETAILED INFORMATION
Location
Palm Beach County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,109
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Business Location is Leased Type of Location Free-Standing Facilities Monthly Rent $5,976.00 Square Units (Foot, Meter) 2,109
Support & Training
Seller will train for 2 weeks at no cost
Reason for Selling
Other
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James
Knox
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James Knox