The Fishing Spot, Pay to Fish - Includes Real E...

Confidential, AL


Asking Price: Annual Revenue:
$2,250,000 $900,000

Food & Beverage: Production - Bakery, Farms, Winery


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RE: The Fishing Spot, Pay to Fish - Includes Real E... Broker: David Chew
Owner Financing is Available!

Quick Facts

Asking Price: $2,250,000
Annual Revenue: $900,000
Net Profit: Not Disclosed
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1950
Employees: 7
BBN Listing #: 622853357
Broker Reference #: MOBILAL001-N917

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Business Overview:

This Fishing Spot has history that dates back to the 1950’s. Fathers fishing with their kids say, “My grandfather used to bring me here to fish.” This great fishing spot has been a family run business for many generations. Tradition and successful fishing are what makes this spot so unique. Many anglers return to this location because of the abundant fish they catch and friendly staff. The spots popularity attracts many tourists that read about this great spot with stunning views and great sunsets and sunrises. Another main attraction that brings people to this spot is the fact that Alabama residents do not need a fishing license to fish off this spot. The bait and tackle shop are situated on approximately 123.6 Acres with plenty of parking and waterfront access. The well-lighted spot comes off the southern end with about 21,000 square feet of fishing space. Lots of room for expansion and waterfront access. No fishing rods? Not a problem! They rent or sell whatever is needed to make a fun and successful fishing trip. The tackle shop handles any rentals and/or the sale of chairs, nets, , nets, beer, ice, candy, snacks, fishing rods and reels, bait and tackle and much more. The pier is open for fishing 24 hours a day (that’s right, basically sunrise to sunrise!). A busy weekend means 5,000-6,000 visitors fishing this spot 24-hour easy access to fishing every day makes this a popular spot that brings approximately $900,000.00 annual revenue and, yes, most of this is in CASH. The business has only in the past few years begun accepting credit cards, however the majority of the revenue is in the form of CASH sales. The tax returns reflect a net cash flow well over $150,000.00 but that is only half the story. Did I mention the CASH? No credit card fees involved with those transactions! The seller will help show what this business can do for the new owner. Buy this unique business now because someone is about to reel in this big fish. Real Estate included in asking price. Purchase Price $2,250,000.00 FF&E $50,000.00 Annual Revenue $900,000.00 Inventory $15,000.00 Cash Flow $400,000.00+

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Reason for Selling:

Retirment

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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