Fishing Tackle Mfg. & Distribution Company

Not Disclosed, SD

Asking Price: Annual Revenue:
$209,000 $143,107

Retail: Sporting Goods, Recreation

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RE: Fishing Tackle Mfg. & Distribution Company Broker: Ray Gonzales

Quick Facts

Asking Price: $209,000
Annual Revenue: $143,107
Net Profit: Not Disclosed
Cash Flow: $41,837
Total Debt: Not Disclosed
FF&E: $53,000
Real Estate: Not Disclosed
Year Established: 1964
Employees: 1
BBN Listing #: 68444955
Broker Reference #: 5401-16878

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Business Overview:

In operation for almost six decades, this business has built a great reputation through quality products and customer service. Currently, the business manufactures and wholesales tackle to over 60 bait and retail stores. In addition, they have one nationwide distributor and 2 retail chains with over 64 locations. Currently, the business focuses on summer fishing, so their busy season is approximately eight months long. The majority of their retailers are in the upper Midwest and Northeast part of the country.

After 36 years, the current owner is looking to retire and wants a buyer who can continue to serve their customers and take the business to the next level.

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Property Features and Assets:

Business is currently home-based, and is operated out of a metal building approximately 1,250 square feet. Assets = $133,000.

Market Competition and Expansion:

Although there's competing products on the market, this business has established a solid retail base and loyal customers for their vast line of products. Plenty of growth potential exists through magazine advertising, additional products/distributors, increased social media, and adding ice fishing tackle to make the business a year round enterprise.

Reason for Selling:

After 36 years, seller is looking to retire.

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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