Historic Bait & Tackle Shop

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$325,000 $333,203

Recreation: Marinas & Boating

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RE: Historic Bait & Tackle Shop Broker: Randy Bring
Owner Financing is Available!
$75,000 @ 7% for 24 months = $3,357.94/month.

Quick Facts

Asking Price: $325,000
Annual Revenue: $333,203
Net Profit: $86,434
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 4
BBN Listing #: 2764630
Broker Reference #: 0101699457

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Business Overview:

Historic bait & tackle shop ready for a new owner! What a fun way place to go to work every day, surrounded by the industry’s finest selection of fishing gear and tackle while working with all the local fishing enthusiasts, mates and boat captains! Store is stocked with $80,000 (cost) of new tackle, bait and accessories. Excellent long term vendor relationships including Shimano elite products. Owner is absentee, store is run by a Full Time manager and 3 part time employees so you can set your hours as little or as much as fits your lifestyle. Low rent, long lease, visible center of town location. Plenty of upside with social media, involvement with local fishing clubs, marinas, etc. Partial Seller financing for qualified Buyers. Recently retired and love to fish? Spend your free hours mingling with the locals in one of the coolest bait and tackle shops around! Contact Broker for confidential tour of this unique business. Please refer to listing #0101699457 & ask for Randy Bring when inquiring.

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Property Features and Assets:

750 Square Feet in small plaza end cap @ $2,536/month.

Market Competition and Expansion:


Reason for Selling:

Focus on core business interests.

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:

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