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Take advantage of a great investment opportunity with our 27-year-old Northwest Seafoods business. With low debt and a profit margin of 19% to 28% over the last ten years, we have established an international network of 35 suppliers and serve 300 regular customers. Our assets include three months' worth of major supplies, an inventory worth $220,000, a 16,000-square-foot warehouse, cutting devices, walk-in freezers, and other equipment. Our experienced team, including a general manager, division managers, and 50 staff members, ensures smooth operations. Despite a temporary setback after 9/11, sales have steadily improved, with projected gross revenues of $17.5 million in 2003 and $16.8 million in 2004. Financial requirements include a selling price of $3.7 million, with qualifying criteria of $800,000 down payment and a pre-approved Small Business Administration loan of $2 million. The remainder can be financed through a seller's mortgage. Don't miss out on this excellent location and the potential for high profits.
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Northwest Seafoods My Name
Our Situation • 27 years in business • Low debt • 19% to 28% profit margin over last ten years • International network of 35 suppliers • 300 regular customers
Our Assets • Three month’s worth of all major supplies • Inventory worth about $220,000 • Warehouse of 16,000 square feet with walk-in freezers, cutting devices, and other equipment • Shipping facility • Experienced employees • general manager • 5 division managers • 50 staffers
Profitability • Sales leveled of after 9/11, but improved in Summer 2003 • Projected steady sells • 2003 gross revenues: $17.5 million • 2004 gross revenues: $16.8 million
Financial Requirements • Selling price: $3.7 million • Qualifying criteria: $800,000 down, $2-million pre-approved Small Business Administration loan • Remainder financed by seller’s mortgage
Summary • Great Investment Opportunety • Thriving Business • Potential for High Profets • Excellent Location
