Manufacturer of Fishing Lures For Sale

Business description

Manufacture of the best salmon & trout lures on market. Distribution channels in place with Wall Mart, Canadian Tire and other key areas. Growth potential is huge for Canada, US and Europe. Sales through Pro-staff is the way to get recognition. Internet retail sales are a growing trend and their location is in a prime retail area with a store front opportunity. They manufacture special orders for Flight Craft and manufacture trophies and engravings for sports events. LYMAN also manufacture small parts for FlightCraft and manufacture trophies and do engravings.

Property information

Real Estate:

Lease

Lease terms:

Month to Month

Location:

At the corner of Powick Road and Enterprise Way. Behind Wall mart and across from Tim Hortons. Prime location for retail sales

Other information

Expansion potential:

Opportunities for expansion are great. Their lures are used heavily in in certain areas yet in others LYMAN are relatively unknown. They work in those places and what is needed is a pro-staff team using them and talking about them. LYMAN has the opportunity to expand in manufacturing small parts for FlightCraft and manufacturing trophies for sport clubs.

Competition / Market:

Competing primarily against the Apex Hot Shot in the traut market. In the salmon market it is the J-Plug and the Apex and variety of spoons. There are no threats to us; they are the threat to others. The lures work better than both the Apex and the J-Plug and LYMAN Lures are the ones working their way into their territory.

Support & training:

Two key positions painting and shaping. Training for both positions available for as long as needed. Realistic 3 months should cover it but owners are always available if help is needed.

Reasons for selling:

Health, owner has been stricken with A.L.S.

Trading hours:

variable

Furniture / Fixtures value:

$51,000 (included in the asking price)

Inventory / Stock value:

$68,000 (included in the asking price)