Thriving Bait and Tackle Shop
Benchmark Business Group specializes in the confidential sale and purchase of successful businesses throughout the United States. Our experienced team, proven systems, strong buyer and lender relationships, and expertise in presenting financially sound deals to qualified buyers result in satisfied buyers and sellers. Below is the list of businesses we currently have for sale.
Quick Facts:
Listing Price:
$598,000EBITDA:
N/AReal Estate:
$293,000Gross Revenue:
$1,032,505FF&E:
$73,616Established:
1970Cash Flow:
$124,037Inventory:
$100,000Employess (FTE):
12.00Description:
This thriving bait & tackle shop for sale in Eastern Iowa is a premier supplier of fishing equipment and live bait for the avid angler in the area. The business has maintained a dominant position in the marketplace due to a long-standing reputation as the “go-to” supplier for all fishing needs for everyone from the novice outdoorsman to the professional angler. In addition to carrying many top brands of rods and reels, this business also carries a large variety of lures and live bait.
Seller will support a modest amount of Seller Financing as part of a quality Offer.
Detailed Information:
Location:
MidwestFurniture, Fixtures & Equipment (FF&E):
bait machine, credit card machines, computers, fridges, freezers, bait baskets, display cases, shelving, ice machine, trailers, scales, and furniture, etc.
Facilities:
The business is in an approximate 6,000 sq. ft. facility located near a popular river for fishing enthusiasts. The building has been expanded by the owners to accommodate the variety of bait and tackle sold to their customers. They have ample storage space as well as parking.
NAICS:
453990Inventory included?:
YesReason for selling:
Retirement.
Market opportunities:
Due to their strong reputation and loyal customer base, the business could see growth by expanding their offerings to include other recreational outdoor activities such as archery or hunting which are both very popular in the area. The business could also add guided fishing tours to their service offerings. The website for the business could expand their e-commerce offerings to include more products.
Competitive advantage:
The business sells many high-margin lures and fishing jigs both in the store and online.
Able to relocate?:
N/DReal estate included?:
YesReal estate owned by seller?:
YesReal Estate leased from a third party?:
NoReal estate available for buyer to purchase?:
YesSeller financing available?:
YesTraining provided by seller?:
YesFranchise ?:
NoSign Up to Receive New Listing Alerts:
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