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Thriving Bait And Tackle Shop For Sale

Waterloo, Iowa, US
Asking Price:
$598,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$995,751
Cash Flow:
$123,442

This thriving bait & tackle shop for sale in the Waterloo/Cedar Falls, Iowa metro is a premier supplier of fishing equipment and live bait for the avid angler in the area. The business has maintained a dominant position in the marketplace due to a long-standing reputation as the “go-to” supplier for all fishing needs for everyone from the novice outdoorsman to the professional angler. In addition to carrying many top brands of rods and reels, this business also carries a large variety of lures and live bait.

Seller will support a modest amount of Seller Financing as part of a quality Offer.

Property Information

Real Estate:

Real Property Included

Location:

Waterloo/Cedar Falls Metro

Premises Details:

The business is in an approximate 6,000 sq. ft. facility located near a popular river for fishing enthusiasts. The building has been expanded by the owners to accommodate the variety of bait and tackle sold to their customers. They have ample storage space as well as parking.

Size in square feet:
6,000

Business Operation

Expansion Potential:

Due to their strong reputation and loyal customer base, the business could see growth by expanding their offerings to include other recreational outdoor activities such as archery or hunting which are both very popular in the area. The business could also add guided fishing tours to their service offerings. The website for the business could expand their e-commerce offerings to include more products.

Competition / Market:

The business sells many high-margin lures and fishing jigs both in the store and online.

Reasons for selling:

Retirement.

Employees:
12

Other Information

Support & training:

As required.

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

Seller will support a modest amount of Seller Financing as part of a quality Offer.

Furniture / Fixtures value:
$73,616 - included in the asking price
Inventory / Stock value:
$100,000 - included in the asking price
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