Well-known fishing lure manufacturing and distribution business for sale. This business has been in operation for nearly 40 years and has generated a coast-to-coast clientele, extending into Canada and South Africa. Types of baits manufactured include: Soft Plastics, Jigs, Spinnerbaits, Buzzbaits, Tungsten, Skirts, Rattles, Hooks, and many other lures that make up a catalog of over 2000 items.
Revenue comes from three types of sources: Tackle Stores, Tackle Distributors, and Direct Consumers from sales made on our growing social media and online platforms. Annual sales throughout past five years have stayed steadily in the $350-450k range.
Included in the sale of this business is the Brand Name, Machinery, Production Bait Molds, Product Inventory and Packaging, Clientele Information, Social Media Accounts, Website, and all knowledge related to production and operations.
This successful and profitable business has been operated with as few as 3-5 full-time employees. Inventory included with the sale is valued at $250,000.00.
Reason for selling business: Owner has been offered a leadership role in the healthcare industry and is ready to pursue this opportunity.
