Wholesale Bait & Tackle Increasing Sales! for Sale in Riverside County

Listing ID - 01985035JR

Submit on Owner Carry for Sellers Approval.

This bait and tackle business is the largest wholesale supplier in California; an ideal family business that is easy to operate is a turn-key operation ready for a new owner.

The business provides the highest quality of products, display equipment, and best service, creating many satisfied customers, and giving the company a solid base of customers for repeat business.

The business currently provides products to central retail boating supply and retail fishing stores like Turner's Outdoorsman, Bass Pro Shops, and West Marine, the nation's largest marine retailer, and to independent dealers and convenience stores, lakes, landings, and major chain retailers in Southern California.

The business strives to provide clients with the best live bait, which is supplied in 100% earth-friendly compostable cups; fishing bait and supplies are a major draw for customers to 24-hour locations close to bodies of water for freshwater and saltwater.

All our bait products, both live and frozen, are guaranteed sales. The business has been servicing 7-11 Arco Am-Pm stores, other independent markets, and liquor stores in high-traffic fishing locations for many years, including freshwater and saltwater locations.

Most items' gross profit is 50 percent. An update on the increasing sales, from Oct. 28, 2020, to Oct. 28, 2021, Sales were $625,414, that's an increase of $125,000 over the previous 12-month period.

The seller is willing to Train the Buyer.

Call me for more information today and an appointment to tour this great opportunity.

Down Payment: $210,000

Total Sales: $630,000

Cash Flow: $130,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $137,000

FFE Included: Yes

Inventory: $60,000

Inventory Included: No

Year Established: 2015

Days & Hours of Operation: Open 6AM - 5- Days Per Week

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Employees: 3

Absentee Owner: No

Lease Option: Renewed Yearly

Real Estate: N/A

Monthly Rent: $750

Type of Location: M-1 Industrial

Square Footage: 2200

Reason For Sale:

Retiring