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- RE: Fishing Industry Business With Real Estate, Metro Location 59034
- Contact: Sunbelt Business Advisors
Quick Facts
| Asking Price: | $665,000 | |
| Annual Revenue: | $905,539 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $138,623 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $430,000 | |
| Year Established: | 1947 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | SB-59034 | |
| Broker Reference #: | MINNEMN003-59034 |
Business Overview:
Established in the 1940’s, this well-known bait and tackle retailer has been serving anglers across the Twin Cities Metro and surrounding region for nearly eight decades. Known for its live bait selection, tackle inventory, and customer service, the business has built a loyal customer base and a strong reputation within the local, state and regional fishing communities. Operating from a highly visible retail location, the company serves customers year-round with products and expertise tailored to both open-water and ice fishing sportsman and sportswomen. The acquisition is an ideal opportunity for a hands-on, retail-oriented entrepreneur in the fishing and outdoor recreation industries. In addition to its well-established retail operation, the business offers value-added services including on-site rod and reel repair and seasonal boat shrink wrapping, adding to the company’s revenue streams and customer engagement. The company has a growing e-commerce platform that ships select bait products nationwide. Consistent revenue growth over the past three years has been driven by repeat customers, regional brand recognition, and limited competition in the marketplace. Included in the sale are the real estate (at bank’s appraised value), retail infrastructure, and proven operational systems, providing a seamless transition for new ownership. Growth potential exists through expanded online sales, enhanced digital marketing, additional product lines, and operational efficiencies. Qualified buyers should have a minimum of $100,000 in available capital for the required down payment. This is a rare opportunity to acquire a respected, legacy outdoor retail business with deep community roots, decades of awards, multiple revenue channels, and opportunities for future growth. Listing ID: 59034
Contact the Seller:
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Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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