Manufacturer & Distributor of Branded Popular Fishing Equipment For Sale

Business description

LISTING HAS BEEN REDUCED BY 25%. EXCELLENT OPPORTUNITY IN CURRENT ECONOMIC CLIMATE!!! Since it's inception in 1999, this company's innovative products have led to the development of one of the most recognized fishing brands in the Gulf Coast region. It's broad product offering includes top-selling fishing lures, rods, tools, terminal tackle, wadefishing gear, offshore equipment, and fishing apparel. The company's loyal customer base passionately supports the brand and actively seek out new product introductions. A diverse supply chain and relationships with the top retail outlets in the country provide the opportunity for rapid growth and a stable future.

Looking forward, the company's infrastructure provides a solid foundation for a smooth transition and ongoing success. The current staff possesses over 50 years of fishing industry experience and is committed to contributing towards the future of the business. If desired, the current owner is prepared to support the company's operations on a part-time basis for up to two years.

Property information

Real Estate:

Lease

Lease terms:

The new owner will inherit the lease on a 5,500 sq. ft. commercial building. The lease is $2500 paid monthly.

Other information

Expansion potential:

Great expansion potential through the introduction of new product lines/lures as well as expansion geographically.

Competition / Market:

Competition is moderate. However, thanks to strong brand identity and a reputation for quality products, loyal customers ensure that this product competes at or above the level of all competitors.

Support & training:

The current owner is willing to provide support for product development and other aspects of the business on a contractual, as needed basis to help new owners through a smooth transition.

Trading hours:

Standard

Furniture / Fixtures value:

$200,000 (included in the asking price)

Inventory / Stock value:

$200,000 (included in the asking price)