Presenting an extraordinary business opportunity in Middleboro, Massachusetts, Tom's Bait, a well-established and thriving enterprise with an illustrious history and a significant real estate component. Founded by Tom, a passionate fisherman from Stoughton, MA, this business began in his teens from the cellar of his house, selling shiners and worms. His dedication and entrepreneurial spirit saw the business evolve from a humble beginning in Taunton, MA, to the establishment of a wholesale empire in Middleboro.
Tom's Bait, started in 1977, has grown into New England's largest wholesaler of fishing bait and related products. The business, housed in a facility originally bought in 1974, has expanded significantly over the years. What began as a 100’x100’ building with 9 concrete bait tanks, an office, and a retail shop has transformed into a substantial establishment. Today, it boasts 20 concrete bait tanks, a walk-in cooler and freezer, a large retail shop, extensive warehouse space, two wells, and a well-equipped office. This expansion is a testament to Tom's dedication, as he worked tirelessly, often over 100 hours a week, sourcing products from as far as Arkansas and Toronto, Canada.
Tom's Bait is more than just a fishing bait wholesaler; it's a multifaceted business that has diversified into selling a range of products from canoes, tackle, and flowers, to Christmas trees and apples. It has become a landmark in Middleboro, serving generations of families and holding a special place in the community.
The real estate aspect of this opportunity is equally compelling. The property, located at a strategic spot in Middleboro, is part of the sale. It includes the expansive business facility as well as a charming single-family home, offering a unique mix of commercial and residential potential. The location is ideal, near major routes, enhancing visibility and accessibility. This combination of a lucrative, well-established business with substantial real estate assets presents a rare opportunity for any investor or entrepreneur looking to own and grow a storied business while also benefiting from the stability and growth potential of real estate in a thriving community.
Buyers of conditions: ( 1) this is an “as is” and “ where is” sale; (2)_ Personal Representative is a third party Seller that cannot make any representations regarding the property or the business; (3) Personal Representative can merely agree to convey good title; (4) Personal Representative will make no warranties or representations as part of this transaction
