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Seafood Processing Facility Business For Sale

Business Listed by

Sunbelt Greater Louisiana
Contact: Art Chauvin Phone: (225) 201-0202 Listing ID: BATONLA001-N1448

Financial Information

Asking Price: $2,750,000 Revenue: $3,000,000 Cash Flow: $230,000.00 View Other Financial Details

 

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Very nice and profitable seafood processing facility business for sale has been a major player in its community for about 50 years. This business for sale consists of two fully operating plants. Plants can process 40,000 pounds of seafood a day, or 6 million pounds in one year. They are now making pre-breaded oyster, lobster, and shrimp patties. Business has a large number of contracts with local fishermen, as well as a contract with a major retailer. Plant ships its products all over Southeast Louisiana, as well as across the entire United States, and has the ability to IQF (Individually Quick Freeze) 40,000 pounds of product per day. Company is well known in its industry and has a very good reputation. Company has a very well designed website which allows customer to make orders online.
Business is located in a very nice facility including a building of about 18,000 sq ft and a second building of about 22,000 sq ft. Buildings and real estate are included in the sale. Facility is located on a very high traffic highway in an easily accessible location. Facility is located on a navigable bayou and has deep water access for offshore boats. Business is located in a very nice area of Southeast Louisiana. Area is a great place to live and raise a family and has all of the Southern charm. Area is known for its outdoor recreational activities including hunting, fishing, camping, etc.
After 15 successful years the owner is ready to retire. Seller is highly motivated and is open to substantive offers. Seller will seriously consider and promptly respond to all reasonable offers. Seller will thoroughly train new owner and facilitate meeting and building relationships with his large loyal customer base. Come see this prosperous shrimp processing plant, meet the owner, make offer.

Details

Primary Business Category: Fresh and Frozen Seafood Processing (SIC 20, NAICS 311712)
Location: Louisiana
Metropolitan Area: Southeast
Reason for Sale: Retirement

Company Information

Home Based: No
Franchise: No
Distressed: No
Relocatable: No
Year Established: 1959
Year Acquired: 1994
Number of Employees: 6 to 10
Willing to Train: Yes

Financial Information

Asking Price: $2,750,000
Gross Revenue: $3,000,000
Cash Flow: $230,000.00
FF&E (included): $1,500,000
Inventory (included): $100,000.00
Financing Available: No