Thriving Bait And Tackle Shop
Not Disclosed, IA Not Disclosed
Eastern Iowa
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- RE: Thriving Bait And Tackle Shop
- Contact: Brad Dostal
Quick Facts
| Asking Price: | $598,000 | |
| Annual Revenue: | $995,751 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $123,442 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $73,616 | |
| Real Estate: | $293,000 | |
| Year Established: | Not Disclosed | |
| Employees: | 12 | |
| BBN Listing #: | 926035915 | |
| Broker Reference #: | 2962 |
Business Overview:
This thriving bait & tackle shop for sale in the Waterloo/Cedar Falls, Iowa metro 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.
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Property Features and Assets:
The business is in an approximate 6,000 square feet 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.
Market Competition and Expansion:
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.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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