NOT DISCLOSED, Minnesota
| Asking Price |
$600,000 |
Year Established |
1947 |
|
| Annual Revenue |
$905,539 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Sunbelt Business Advisors |
|
| Annual Cash Flow |
$138,623 |
Listing Number |
1011140 |
|
| # of Employees |
|
Business Category |
Retail: Non-classifiable |
|
Business Overview:
Established in 1947, this long-standing bait and tackle retailer serves anglers throughout the Twin Cities Metro and surrounding region with a strong reputation for quality live bait, fishing tackle, and customer service. The business operates from a highly visible retail location and offers a broad range of products supporting both open-water and ice fishing seasons. Value-added services include on-site rod and reel repair and seasonal boat shrink wrapping.
The company has evolved into a diversified operation with both an in-store retail presence and a growing e-commerce channel that ships select bait products nationwide. Revenue has demonstrated steady growth over the last three years, supported by repeat customers, strong regional brand recognition, and limited direct competition.
Included in the sale is the real estate, retail infrastructure, and established operational systems. The business is well positioned for continued growth through expanded online sales, additional product offerings, and operational efficiencies under new ownership.
Interested buyers should have $100,000 in available capital for the down payment.
Listing ID: 59034
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity