Hot Listing

#1 Rated Gourmet Seafood Restaurant and Retail Fish Store

Asking Price$1,550,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$3,500,000

Inventory$10,000
Included in asking price
FF&ENot Disclosed

Real Estate$900,000
Not included in asking price
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Hot Listing

#1 Rated Gourmet Seafood Restaurant and Retail Fish Store


Asking Price$1,550,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$3,500,000

Inventory$10,000
Included in asking price
FF&ENot Disclosed

Real Estate$900,000
Not included in asking price

Seller Financing Available
Business Description
Established in 1988, this premier seafood enterprise operates as a dual-concept business combining a high-end retail fish market with a full-service gourmet restaurant. The operation has maintained continuous profitability for over 26 years through its vertically integrated supply chain and diversified revenue model.
Business Operations:
The company sources premium seafood daily from New York's Fulton Fish Market, ensuring optimal product quality and freshness. This direct procurement model provides competitive advantages in both cost control and product differentiation. The retail division serves local consumers and commercial accounts, while the restaurant component, added in 2006, targets the dining market segment.

Market Position:
Recognized as the region's top-rated gourmet seafood destination, the business has established strong market positioning through consistent quality delivery and operational excellence. The dual-revenue model provides stability through retail sales and higher-margin restaurant operations.

Financial Performance:
The enterprise demonstrates solid profitability with documented revenue history spanning multiple decades. Multiple revenue streams include retail fish sales, restaurant dining, and potential catering services, creating a diversified income base with demonstrated resilience.

Operational Infrastructure:
The business maintains an established workforce and operational systems supporting both retail and restaurant functions. Management processes are documented and transferable, ensuring operational continuity.

Growth Opportunities:
Significant expansion potential exists through enhanced marketing, expanded dining capacity, catering services development, and potential additional locations. The established brand recognition and customer loyalty provide a strong foundation for scaling operations.

Real Estate Component:
Property acquisition option available, providing potential for long-term asset appreciation and operational control.

This turnkey operation offers an exceptional opportunity to acquire a profitable, established business with proven market demand, operational systems, and substantial growth potential in the expanding gourmet food sector.
About the Business
Years in Operation
38
Employees
20 (10 Full-time, 10 Part-time)
Facilities & Assets
Fully equipped prep area and cooking facility.
All equipment is in excellent working order.
2 X Refrigerated vans are included.
38 seats in the restaurant.
The property is located on the towns main shopping area.
Market Outlook / Competition
There is no competition. This restaurant and retail store sell only the highest quality fresh fish. Each day, fresh seafood is carefully selected and picked up from the Fulton Fish Market in the Bronx, NY, ensuring the highest quality.
Opportunities for Growth
The retail fish market and restaurant do minimal advertising.
The online menu is limited to call-in pickup orders.
Amazing upside to grow sales with delivery, off-premise catering and strong social media platform.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
1,576
About the Sale
Seller Motivation
Retiring
Transition Support
Owners will transition.
Financing Options
Seller will consider a note on the property and business based upon buyers financials
Listing Info
ID
2514406
Listing Views
181
Attached DocumentsAttachment Disclaimer

NDA.docx


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Business Listed by: Brian Elkin Elkin & Lee Realty & Business Advisors

Listing ID: 2514406 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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