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Seafood Fish Market for Sale in Ft Lauderdale, FL

Fort Lauderdale, FL
Asking Price:$1,600,000
Inventory:$50,000
Real Estate:$800,000
Gross Revenue:$1,270,247
FF&E:$400,000
Established Year:2017
Listing ID: 2161845Listing provided by BizBuySell
BUSINESS DESCRIPTION

Yacht Provisioning - Seafood Market - Full Kitchen - Take Out Menu

For Sale: Sea Salt Fish Market Business and Real Estate.

Sea Salt Fish Market has established itself as one of the top markets in all of South Florida. It's committed to sourcing the freshest, most responsibly-harvested product available both locally and internationally. They are committed to providing their customers a wide variety of fish and seafood options as well as other accompaniments.

In addition to their retail space, Sea Salt Fish Market also boasts a full commercial kitchen which allows them to provide a full take-out menu and where they smoke their own fish for their Signature Smoked Fish Dip (featured on Food Network) in addition to other salads, sauces, soups and deli items.

They also offer provisioning with a current portfolio of over 30 yacht and private chefs and they service yachts locally, in the Bahamas, across the Caribbean and the Northeast.

In addition to retail, take out and provisioning, Sea Salt also provides an excellent opportunity for catering events and parties.

DETAILED INFORMATION
Location
Fort Lauderdale, FL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
1,040
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All FF&E (from coolers to full kitchen), Inventory (from cutlery to fresh seafood) and Real Estate is included in the asking price and sale.
Competition
The current marketplace, there's a big push to eat local-Sea Salt has an extensive list of local commercial guys who they work with who responsibly fish-no net fishing, etc. In terms of the competition in the space, we have a higher online and social media ratings than any other market in the area. Sea Salt has been featured on Food Network, in the Sun Sentinel, Fort Lauderdale magazine and other smaller local publications. Sea Salt has been highlighted and recognized as "best of" in Fort Lauderdale magazine.
Growth & Expansion
Growth opportunities for Sea Salt Fish Market lie in the following areas: - Expansion of Provisioning, both in terms of number of Yachts and products offered to Chefs, Chief Stews and Captains - Sea Salt's commercial kitchen offers an ideal space to expand to catering services. - There is an opportunity to expand the website for nationwide purchasing and shipping, particularly during stone crabs season. - Sea Salt Fish Market has trademarks in place for retail sales of their signature smoked fish dip, soups and sauces.
Financing
With NDA a P&L will be provided
Support & Training
The current owner has a well trained and established staff that have expressed interest in staying and continue to work. Training for business take over and full understanding of the business will be done at the conclusion of the purchase.
Reason for Selling
Moving out of state
Franchise
This business is an established franchise
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John Bray
Phone Number
John Bray
Call Phone