#0300 Retail Fishing Tackle Co w/Land Available

Not Disclosed, FL
Hillsborough County

Central Florida


Asking Price: Annual Revenue:
$2,150,000 $2,244,391

Retail: Sporting Goods, Recreation


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RE: #0300 Retail Fishing Tackle Co w/Land Available Broker: Brian Stephens

Quick Facts

Asking Price: $2,150,000
Annual Revenue: $2,244,391
Net Profit: Not Disclosed
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: $1,100,000
Year Established: 1971
Employees: 10
BBN Listing #: 996950148
Broker Reference #: 883-90300

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Business Overview:

This is what Bass Pro wished they could be like. Check it out and see.

One of the most complete and amazing fishing retail and online retailers you will ever see. They have an online presence with ample room to grow, a repair shop, and one of the widest arrays of equipment and supplies in the southern U.S. The company has been in business for over 40 years.

Their team of well-trained staff brings lots of knowledge and information to the marketplace. This is a popular location for almost anyone who enjoys fishing. Their recent effort to establish an online presence has yielded a great response, but the owner recognizes that there is a lot of untapped opportunity for internet sales.

This company is so successful because it was developed using a good old-fashioned work ethic and commitment to customer service. The owner firmly believes that there is plenty of opportunity for growth.

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Property Features and Assets:

The owner will consider leasing the property with a purchase option or allow a new owner to purchase the property along with the business and inventory. This business operates on 31,350 square feet of land on a prime business corner convenient to major roadways within the city. The main retail center includes nearly six thousand square feet of heated and/or air-conditioned area. The entire area, including the storage area, encompasses over twelve thousand square feet of buildings. LAND PURCHASE OPTION*** If you acquire the land, you would also have access to the front corner building on the property. This front corner was formerly used by another business, which was acquired by a competitor who consolidated, leaving the building available for use. A new owner could lease this out and make even more revenues***. This 3,200 square foot building is divided into a retail/office area and a storage area, although a new owner would want to remodel accordingly. Additionally, it is likely that one’s monthly loan payment would be less than the monthly rent.***

Market Competition and Expansion:

While there will always be online retailers for most products, there is no such online fishing gear retailer, that we know of, that has the regular day-to-day feedback of hundreds of customers to help them understand the market trends and needs of fishing consumers. In fact, because of their brick-and-mortar facility, they are poised with the right efforts and ingenuity, to corner the online fishing marketplace. The founders of this fishing tackle company decided to put themselves in a unique position. They are like four or five businesses rolled into one. While some of the big-box sporting-goods places include fishing supplies and kayaks, none of them can compare to what this company has all contained under one roof. The knowledge level of a typical staff member at Dick’s or Sports Authority cannot compare with the team at this business.

Reason for Selling:

Owner Retiring.

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.

Documents:

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