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Asking Price:	$525,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Plastics
Reason for Selling:	Owner is pursuing lucrative career in other field.
Year Established:	1959
# of Employees:	3
Yearly Revenues:	$1,200,000
Yearly Cash Flow:	$200,000
Yearly Net Profit:	$200,000
Yearly Gross Income:	$1,200,000

Business for Sale Overview:

LISTING HAS BEEN REDUCED 25%. EXCELLENT ECONOMIC OPPORTUNITY IN CURRENT ECONOMIC CLIMATE! Since it's inception in 1999, this company's innovative products have led to the development of one of the most recognized fishing brands in the Gulf Coast region. It's broad product offering includes top-selling fishing lures, rods, tools, terminal tackle, wadefishing gear, offshore equipment, and fishing apparel. The company's loyal customer base passionately supports the brand and actively seek out new product introductions. A diverse supply chain and relationships with the top retail outlets in the country provide the opportunity for rapid growth and a stable future. Looking forward, the company's infrastructure provides a solid foundation for a smooth transition and ongoing success. The current staff possesses over 50 years of fishing industry experience and is committed to contributing towards the future of the business. If desired, the current owner is prepared to support the company's operations on a part-time basis for up to two years.

Property Features and Assets:

The new owner will inherit the lease on a 5,500 sq. ft. commercial building. The lease is $2500 paid monthly for the building which has a professional appearance, five offices, shelved open storage areas and a fenced back yard.

Market Competition and Expansion:

Competition is moderate. However, thanks to strong brand identity and a reputation for quality products, loyal customers ensure that this product competes at or above the level of all competitors. Growth has been limited in recent years due to the acquisition of a competing brand, and expansion of product lines and the resulting effects on available capital.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.