Sales up 40% in 2020 Bait and Tackle Distribution

Not Disclosed, CA
Riverside County

Asking Price: Annual Revenue:
$180,000 $318,700

Retail: Non-classifiable

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RE: Sales up 40% in 2020 Bait and Tackle Distribution Broker: Rick Rayl
Owner Financing is Available!

Quick Facts

Asking Price: $180,000
Annual Revenue: $318,700
Net Profit: Not Disclosed
Cash Flow: $65,000
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 3
BBN Listing #: 895955367
Broker Reference #: 86808-632229

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Business Overview:

For over 5 years this company has been serving Southern California with door to door bait and tackle delviery service to retailers of all sizes.
A wide variety of bait and tackle are distributed with weekly deliveries.
Bait includes live worms, fresh and saltwater bait, frozen bait, jarred bait, etc.
Tackle products include lures, hooks, rods, and anything needed to hook the big one!
The business owner is a veteran in the industry and has very good operations in place to offer great selection, great service, all at a fair price to the client and a nice profit for the business.
Due to the size of the territory and consistency of the routes, the business can be operated from anywhere in Southern California.

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Property Features and Assets:

1,500 square feet unit is light industrial park. There is a small office and stock area for tackle and a back room with 3 industrial restaurant grade walk-ins. Additional storage is also located on site. The current owner started this bait distribution company approximately 5 years ago after owning another wholesale bait company previously for 10 years. The business has grown with consistent service, good selection of bait and tackle as well as an excellent method to block out competition.

Market Competition and Expansion:

Current clients tend to be smaller stores. The owner has chosen not to service big box retailers but he knows how to reach them, he has experience with them from his previous business and he can show the new owner how to go after the business if desired.

Reason for Selling:

Semi retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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