Absentee Owner Good Profit Easy Running Seafood Business And Property
Business Description
Established Seafood Market with Real Estate - Turnkey Investment Opportunity
This profitable seafood market presents an exceptional opportunity for an investor or owner-operator seeking a proven business model with significant upside potential. Located in a prime standalone building in Dekalb County, GA, this turnkey operation has demonstrated consistent profitability under absentee ownership since 2023.
Financial Performance:
- Annual Revenue: $1,185,000
- Cash Flow (SDE): $288,000 (Included $64,800 Manager Salary)
- Established customer base with 5+ years of operating history
- Profitable operations maintained with minimal owner involvement
Property & Assets:
- 2,880 sq ft standalone building with ample parking
- Real estate valued at $1,290,000 included in sale
- FF&E valued at $200,000
- Prime location with excellent visibility and accessibility
- Qualified Buyer can purchase with only 15% ($298,500) down payment
Operational Advantages:
- Simple processing operations requiring no specialized experience
- Currently operates successfully under absentee management
- Established team of 9 employees
- Streamlined business model with proven profitability
Growth Potential:
Significant expansion opportunity exists for hands-on ownership. The current absentee owner has never worked on-site since acquiring the business in February 2023, indicating substantial potential for increased profitability through direct involvement. Even minimal daily engagement could yield considerably higher returns.
Support & Training:
Seller provides 2 weeks of complimentary training to ensure smooth transition.
Competitive Environment:
Limited direct competition with only one similar concept located 3 miles away, providing market protection and growth opportunity.
This represents an ideal acquisition for investors seeking:
- Established cash-flowing business with real estate
- Absentee ownership capability
- Significant growth potential through operational involvement
- Prime location with strong fundamentals
Reason for Sale: Owner focusing on other business ventures, creating opportunity for dedicated ownership to maximize potential.
Total Investment: $1,990,000 for business and real estate package.
This profitable seafood market presents an exceptional opportunity for an investor or owner-operator seeking a proven business model with significant upside potential. Located in a prime standalone building in Dekalb County, GA, this turnkey operation has demonstrated consistent profitability under absentee ownership since 2023.
Financial Performance:
- Annual Revenue: $1,185,000
- Cash Flow (SDE): $288,000 (Included $64,800 Manager Salary)
- Established customer base with 5+ years of operating history
- Profitable operations maintained with minimal owner involvement
Property & Assets:
- 2,880 sq ft standalone building with ample parking
- Real estate valued at $1,290,000 included in sale
- FF&E valued at $200,000
- Prime location with excellent visibility and accessibility
- Qualified Buyer can purchase with only 15% ($298,500) down payment
Operational Advantages:
- Simple processing operations requiring no specialized experience
- Currently operates successfully under absentee management
- Established team of 9 employees
- Streamlined business model with proven profitability
Growth Potential:
Significant expansion opportunity exists for hands-on ownership. The current absentee owner has never worked on-site since acquiring the business in February 2023, indicating substantial potential for increased profitability through direct involvement. Even minimal daily engagement could yield considerably higher returns.
Support & Training:
Seller provides 2 weeks of complimentary training to ensure smooth transition.
Competitive Environment:
Limited direct competition with only one similar concept located 3 miles away, providing market protection and growth opportunity.
This represents an ideal acquisition for investors seeking:
- Established cash-flowing business with real estate
- Absentee ownership capability
- Significant growth potential through operational involvement
- Prime location with strong fundamentals
Reason for Sale: Owner focusing on other business ventures, creating opportunity for dedicated ownership to maximize potential.
Total Investment: $1,990,000 for business and real estate package.
About the Business
- Years in Operation
- 5
- Employees
- 9
- Facilities & Assets
- Walk-in cooler, Walk-in freezer, Freezer and Cooler, Hood, Grease Trap, POS computers, Computer table, Deep fryers, GAS Stoves and etc.,
- Market Outlook / Competition
- One same concept store 3 miles distance
- Opportunities for Growth
- There is a big growth/Expansion opportunity if the buyer is owner operator or buyer's family members work together because Current owner never worked at the store since he took this business over from Feb, 2023. The Buyer can make much more profit than now even several hours work a day.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,880
About the Sale
- Seller Motivation
- Seller can't operate this business because Seller has other businesses.
- Transition Support
- Owner will train for 2 weeks with no cost.
Listing Info
- ID
- 2392275
- Listing Views
- 497
Listing ID: 2392275 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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