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Bait And Tackle Store With Seller Financing For Sale

Saint Lucie County, Florida, US
Asking Price:
$399,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$309,403
Cash Flow:
$137,051

46 years in the same location with only 3 owners since inception. Square Footage is 1508 with a few more months left on lease. No fishy stories here, if anything, seller is underestimating. With $100,000 in inventory, $50,000 in furniture, fixtures, & equipment, plus the money spent on the original buildout, that just barely covers the down payment.

Numbers shown are for a working owner working 48 hours a week; present owner works about 15 hours per week and has many personal toys as a benefit of this store. This is a must see and meet with the owner, a super nice guy. Many personal issues cause him to make this move.

BAIT:
Live: Shrimp, Shiners, Minnows, Worms
Frozen: Shrimp, Mullet, Sardines, Clams, Silversides, Sand Fleas, Squid, Chum, Thread Herring, Ballyhoo, Mono Rigged, Wire Rigged, Bonita, Rigged Squid and Mullet

TOP BRANDS:
Reels - Penn, Shimano, Canyon, Daiwa, Okuma
Rods - Star Rods, Ugly Stik, Redbone Rods
Lures - MirrOlure, Bomber, Livetarget, Savage Gear Lures and Braid
Sunglasses and Apparel - Calcutta Sunglasses, Florida Sunglasses, T-Shirts, Long Sleeve Shirts, Hats of many types
Hooks – Mustad, Owner, Eagle Claw, Saltwater Assassin, Storm, Rapala, DOA, many others
Cast Nets - Betts, Tyvek
Lines – Yo-Zuri Braid, Daiwa Braid, Sufix Mono, Ande Mono

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: $2,000
Terms & Options: TBD
Expiration Date: 6/30/2023

Location:

Saint Lucie County / Treasure Coast / Southeast Florida

Premises Details:

Building Type: Strip Plaza
Square Footage: 1,508
Leasehold: $25,000

Business Operation

Reasons for selling:

Personal Issues / Semi Retirement

Trading hours:

Sunday - Saturday

Employees:
4
Years established:
46

Other Information

Support & training:

Seller will train buyer for two weeks at no cost to buyer

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller Loan: $174,000
Mos: 60
Rate: 8%
Mo Pmt: $3,528.09

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$100,000 - included in the asking price