Listing ID: 6616

Business Overview

This popular, well-known seafood market on Baldwin County’s beautiful Gulf Coast has been serving both locals and visitors for decades. It’s available now only due to the retirement of the owner.

From oysters and shrimp to all kinds of fish and more exotic offerings plus packaged specialities, this market is the one-stop shop for all things seafood!

Consider the advantages of investing in this business:
– Trained employees are already in place.
– Valuable vendor supply relationships are established.
– The products have been market tested and proven.
– The business and the market segment are growing.
– The owner is committed to a seamless transition and will thoroughly train a new owner in all aspects of the business.
– You’ll be living in one of the most desired and attractive areas in America with stunning natural beauty and many points of local interest.
– And probably most importantly, the new owner will experience an impressive positive cash flow from the first day of ownership.

For additional information on this rare opportunity, please contact us from this website. A confidentiality agreement and qualifying financial information are required to receive details.

Financial

  • Asking Price: $2,300,000
  • Cash Flow: $484,366
  • Gross Revenue: $2,726,648
  • EBITDA: $
  • FF&E: $160,202
  • Inventory: $118,225
  • Inventory Included: N/A
  • Established: 1972

Detailed Information

  • Building Square Footage:7,200 Sq Ft
  • Furniture, Fixtures and Equipment:$160,202
About The Facility:

7,200 sq ft building on .63 acres (27,500 sq ft).

Purpose For Selling:

Retirement

Contact Information

Addition Info

The business was established in 1972, making the business 48 years old.
The deal will include inventory valued at $118,225, which is included in the listing price.

Further more, Furniture, fixtures and equipment valued at $160,202 is included in the suggested price.

3 Things to Consider When Researching companies for sale in Baldwin County, Alabama

Buying a business is one of the greatest choices you will certainly make in your lifetime. Choosing intelligently can cause incredible monetary benefits for you, your loved ones, and your retirement. Nevertheless, in order to make an appropriate decision, you must think about a number of things.|In order to make a correct decision, you need to consider numerous points.} Below are 3 essential things to take into consideration prior to buying an organisation in Baldwin County, Alabama.

Why is the Current Owner Selling The Business?

{There are all sorts of reasons individuals choose to sell operating businesses. Nevertheless, the real factor and the one they say to you may be 2 entirely different things. As an example, they may claim "I have way too many other responsibilities" or "I am retiring". For many sellers, these factors are valid. However, for some, these might simply be reasons to try to conceal the reality of transforming demographics, increased competition, current decrease in profits, or a variety of various other factors. This is why it is very important that you not depend completely on a vendor's word, but rather, utilize the seller's response in conjunction with your total due diligence. This will paint a more sensible picture of the business's present scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your offer. Numerous businesses finance loans in order to cover items such as stock, payroll, accounts payable, and so on. Remember that occasionally this can imply that revenue margins are too thin. Lots of companies fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future obligations to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that must be met or may cause penalties if terminated early.

Understand the Customer Base, Competition and Area Demographics

Just how do companies in the Baldwin County, Alabama location bring in new clients? Most times, companies have repeat clients, which form the core of their day-to-day revenues. Specific factors such as new competitors growing up around the area, roadway building, and also personnel turn over can impact repeat clients and negatively impact future revenues. One important point to think about is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the better the chance to build a returning customer base. A last thought is the basic location demographics. Is the business situated in a densely inhabited city, or is it situated on the outside border of town? How might the local median house earnings effect future earnings prospects?