Shuttling fresh domestic gulf seafood to two seafood markets, one in Middle Tennessee and the other in West Tennessee, has exploded the family legend started in Florida in the 1950s.

Walking into either market feels like being transported right onto 30A in Florida, where the options are endless and exactly to your taste. Counters welcome customers with row after row of fresh crab legs, shrimp, scallops, fish, and even pints of oysters that rival any "fresh" shucked that a nearby might grocer might be promoting.

Each store was relocated to higher traffic locations within the last months: annualizing returns from first quarter 2016, we can project the Middle TN store's cash flow to almost double the 2015 figure. West TN store's cash flow looks to improve in the neighborhood of 175%. Thus, 2016 cash flow for both stores should be well over $150k.

Stores are available individually or together:

1) Middle Tennessee asking price: $152,000, includes FF&E of $47,800 (coolers / display cases / scales / equipment / freezers etc.)

2) West Tennessee store: $122,000 includes FF&E (ditto above) of $33,825.

3) OR both stores (and all FF&E) for $249,900.

Posted Aug 18, 2016

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