Oyster Farming With Onsite Restaurant
Off-MarketOR
Oyster Farm With An Onsite Restaurant
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$1,200,000
$250,000
20.8%
2020
Past 24h
Customers
Wholesale: FedEx next-day air direct to small/medium restaurant groups (5–30 locations), nationally For the restaurant just walk in regular customers and tourists
Customer Acquisition
Word of mouth and relationships only.
Team
13–18 employees depending on the season; post-Labor Day drops to ~13–14.
Owner's Role
Owner manages the business remotely.
Reason for Selling
The owner does not live there and operates the business remotely. They want an owner-operator, as they would be an ideal candidate to grow this business.
Contracts
No
Real Estate
Yes, the property has been appraised at $3M; water leases are $1,200/acre across 250 acres. Inventory value: ~ $0.40/oyster x 3M oysters. Equipment and boats: one boat alone is worth $300K. Total asset value estimate: ~ $5–6M (no goodwill included).
When Are You Looking to Sell
Within the next 3-6 months
Licenses Required
Yes, Heavily regulated: FDA, USDA, Department of Agriculture, state agencies, weekly water testing; all licenses currently in place
Additional Notes
Bussiness has been operational for 40 years owner acquired it about 5 years ago
Business ID: 1994
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