Bait and Tackle Shop with Real Estate

Not Disclosed, NJ
Middlesex County

Central NJ

Asking Price: Annual Revenue:
$849,000 $230,238

Retail: Sporting Goods, Recreation

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RE: Bait and Tackle Shop with Real Estate Broker: Louis Falzarano
Owner Financing is Available!
$449,000 down/$400,000 over 120 months @ 8%.

Quick Facts

Asking Price: $849,000
Annual Revenue: $230,238
Net Profit: Not Disclosed
Cash Flow: $80,432
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: $549,000
Year Established: 2010
Employees: 5
BBN Listing #: 23224955
Broker Reference #: 3401-17427

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Business Overview:

Tackle & Bait shop in a great location on the waterfront with rental income. The business runs absentee with 2 Full Time and 3 Part Time employees.

This is a seasonal business that run from March 1st to mid-December.

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Property Features and Assets:

Free standing business with 2 apartments above and plenty of parking, included in the sale price! Rentals generate $44,040 a year with room for increase which is not included in business revenue. Rents have not been raised in 8 years. Assets = $614,000

Market Competition and Expansion:

Some competition. Website, Marketing, e-commerce.

Reason for Selling:

Owner is moving on to other ventures.

Additional Details:

  • The property is owned.
  • 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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