Seafood Wholesale Distribution Business
Off-MarketMalden, MA
Seafood Wholesale Business
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$2,500,000
$250,000
10.0%
1980
30+ Days
Customers
Customer base includes Market Basket and restaurant chains.
Customer Acquisition
Customer acquisition is primarily through direct outreach by the owner, supplemented by referrals. The business has been in a holding pattern for the last five to six years due to the owner's retirement plans.
Team
The business employs approximately 10 employees.
Owner's Role
One owner handles sales and purchasing inventory for the business. The other owner manages administrative operations.
Reason for Selling
Both partners are planning retirement, and the owner's sons do not want to take over the business.
Contracts
The company operates without standard contracts with customers and has order-on-demand arrangements with customers.
Real Estate
The company owns a retail storefront of approximately 1,200 square feet and a warehouse with coolers and refrigerators spanning 4,000 square feet. A small parking lot accommodates five trucks, including several Mitsubishi overhead cabs, a Ford van, and a Mercedes Sprinter. The property is not for sale, but the owner is willing to lease it to a new owner.
When Are You Looking to Sell
ASAP
Licenses Required
The business requires FDA licenses and basic retail wholesale licenses in Massachusetts.
Business ID: 1499
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