Rare opportunity to acquire the franchise rights, systems, and brand assets of one of Panama City’s oldest and most respected seafood families. Gandy’s Seafood has operated since 1955 and launched the Gandy Seafood Cajun X Market franchise concept over a decade ago. Backed by decades of seafood expertise, the franchisor built a proven model designed for scalability, diversified revenue streams, and strong unit-level performance.
The franchisor successfully operated two corporate locations in Tennessee before expanding through licensing and later full franchising. At its peak, the system grew to seven franchise locations, each paying weekly royalty fees of $400–$500 or 5% (whichever is greater) plus product orders.
With demand rising and new franchise inquiries flowing, the system was positioned for rapid expansion and targeted 20+ units. COVID-19, supply-chain disruptions, low labor availability, and temporary closures slowed growth, eventually leaving one remaining franchisee in Murfreesboro, TN currently paying $450/week in royalties while sourcing through approved vendors.
The entire franchise infrastructure remains intact:
Full franchise operations manuals
FDD (Franchise Disclosure Document)
Training materials
Branding, recipes, systems & vendor relationships
Two potential revenue models:
(1) Become the sole product supplier for franchisees
(2) Grow the franchise system and earn fees + royalties
This is a turnkey franchisor package ready for a new operator to reignite development, expand territories, and rebuild a high-margin, royalty-driven system with strong brand history and proven demand.
Franchise: Yes – Sale includes complete franchisor rights and documentation.
Reason for Selling : Owner is focused on other business ventures.
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