In Miami, Live "Shrimp & Bait" Fishing and Distribution business.

Asking Price$3,100,000

Cash Flow
$622,285
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,908,195

InventoryNot Disclosed

FF&E$675,000
Included in asking price
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In Miami, Live "Shrimp & Bait" Fishing and Distribution business.


Asking Price$3,100,000

Cash Flow
$622,285
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,908,195

InventoryNot Disclosed

FF&E$675,000
Included in asking price

Seller Financing Available
Business Description
Live Shrimp & Bait (small crabs and shrimp). Fishing and Distribution business for sale in Miami, Florida.

For sale in Miami, Florida, Fishing and Distribution business of live shrimp and live bait (small crabs and shrimp).

Year Established: 2001

Located in: Miami Dade County.

Fishing and distribution business of live shrimp and live bait (small crabs and shrimp).

Live Shrimp business:
The fishing season is only 6 months of the year.
Our own boats fish it, our own tank trucks pick it up at the marina or dock and take it to our warehouse, where it is packed live and air shipped to our wholesale / brokers clients to different cities in USA as they request.

Live Bait (small crabs and shrimp) business:
No fishing season (all year business).
Our own boats fish it, our own tank trucks pick it up at the marina or dock and distribute it on the sales routes that each one has, from Key West to Palm Beach.

Key business Features:
- 24 years in business.
- Own shrimp and bait fishing boat fleet.
- Own tank truck shrimp pick up service.
- Own tank truck baits pick up, distribution and sales service.
- Own mobile workshop vehicle with all the necessary equipment to provide
technical assistance to trucks and boats.
- Loyal staff team in the business.
- Management will stay on long term.
- Alive shrimps clients:
5 based in New York (wholesalers / brokers) doing business in New York, Dallas, Baltimore,
Pennsylvania and Minneapolis.
- Alive baits clients:
66 from Key West to Palm Beach.
- Annual Sales: $ 1,908,195
- Annual SDE: $ 622,285
- All included in the Asking Price:
Licenses,
Permits,
all the equipment in warehouse,
6 tanker truck for bait service and sales.
6 bait fishing boats.
- Fishing boats, tanked trucks and all equipment market value: +/- $ 675,000
- Business Asking Price all included: $ 3,100,000

Employees:
- 1 Shrimp and Bait business coordinator.
- 6 employees in warehouse.
- 4 Drivers tanker trucks service.
- 6 Ship boats Captains.

Web Page: no
social media: no
Sales force: no
Google Review: no

Financial Figures:
2024:
- Sales: $ 1,908,195
- Seller Discretionary Earning (SDE): $ 622,285

Asking Price: $ 3,100,000 (all included).

- Prospect Buyer Down Payment (Equity): $ 2,790,000.
- Owner Financing (Seller Note): $ 310,000

Support & Training:
Owners are willing to stay for Period of Time to ensure comprehensive training to buyer(s).

Facilities Description:
Warehouse with oxygenation tank systems to keep the shrimp alive with capacity for 4,000 salt water gallons and proper packing areas.
Total: 2,200 Square Feet (204 m²).
Monthly rent payment is $ 1,555
Long-term leases and renewables.

Reason for Selling: Owners are planning to retire.

All prospective buyers will be asked to present real Proof of Funds available on banks.

For additional information contact:
José Carlos Pérez.
About the Business
Years in Operation
24
Number of Employees
17
Facilities & Assets
Warehouse with oxygenation tank systems to keep the shrimp alive with capacity for 4,000 salt water gallons and proper packing areas.
Total: 2,200 Square Feet (204 m²).
Monthly rent payment is $ 1,555
Long-term leases and renewables.

- All included in the Asking Price:
Licenses,
Permits,
all the equipment in warehouse,
6 tanker truck for bait service and sales.
6 bait fishing boats.

- Fishing boats, tanked trucks and all equipment market value: +/- $ 675,000
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,200
Rent
$1,555.00 per month
Lease Expiration
12/31/2035
About the Sale
Seller Motivation
Owners are planning to retire.
Transition Support
Owners are willing to stay for Period of Time to ensure comprehensive training to buyer(s).
Financing Options
Only $ 310,000
Listing Info
ID
2348789
Listing Views
1173

Contact Seller

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Business Listed by: Jose Carlos Miami Business Advisors

Listing ID: 2348789 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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