Price: $210,000
Location: Riverside County
Industry: Other Wholesale and Distribution
Listing ID: 01985035JR
Listing Status: Reduced Price
Listing ID - 01985035JR
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
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
