Bait & Tackle Store with Seller Financing

Not Disclosed, FL
St. Lucie County


Asking Price: Annual Revenue:
$399,000 $309,403

Retail: Sporting Goods, Recreation


Request More Information
Contact the Seller

RE: Bait & Tackle Store with Seller Financing Broker: Bob Leone
Owner Financing is Available!
Seller Loan: $174,000. Months: 60. Rate: 8%. Monthly Payment: $3,528.09

Quick Facts

Asking Price: $399,000
Annual Revenue: $309,403
Net Profit: Not Disclosed
Cash Flow: $137,051
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1977
Employees: 4
BBN Listing #: 339511185
Broker Reference #: 170-08504

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

46 years in the same location with only 3 owners since inception. Square Footage is 1508 with a few more months left on lease. No fishy stories here, if anything, seller is underestimating. With $100,000 in inventory, $50,000 in furniture, fixtures, & equipment, plus the money spent on the original buildout, that just barely covers the down payment.

Numbers shown are for a working owner working 48 hours a week; present owner works about 15 hours per week and has many personal toys as a benefit of this store. This is a must see and meet with the owner, a super nice guy. Many personal issues cause him to make this move.

BAIT:
Live: Shrimp, Shiners, Minnows, Worms
Frozen: Shrimp, Mullet, Sardines, Clams, Silversides, Sand Fleas, Squid, Chum, Thread Herring, Ballyhoo, Mono Rigged, Wire Rigged, Bonita, Rigged Squid and Mullet

TOP BRANDS:
Reels - Penn, Shimano, Canyon, Daiwa, Okuma
Rods - Star Rods, Ugly Stik, Redbone Rods
Lures - MirrOlure, Bomber, Livetarget, Savage Gear Lures and Braid
Sunglasses and Apparel - Calcutta Sunglasses, Florida Sunglasses, T-Shirts, Long Sleeve Shirts, Hats of many types
Hooks – Mustad, Owner, Eagle Claw, Saltwater Assassin, Storm, Rapala, DOA, many others
Cast Nets - Betts, Tyvek
Lines – Yo-Zuri Braid, Daiwa Braid, Sufix Mono, Ande Mono

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Inventory: $100,000 (Included in asking price).

Reason for Selling:

Personal Issues / Semi Retirement.

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!