Fishing Lure Manufacturer/E-Commerce - Relocatable

Florida

Seller Financing Available

Fishing Lure Manufacturer
Asking Price:$199,999
Gross Revenue:$86,788
FF&E:$100,000
Cash Flow:$30,297
Inventory:$5,000
Established Year:2010
BUSINESS DESCRIPTION

This fishing lure manufacturer is renowned for being the original inventor and sole manufacturer of a special niche world-famous fishing lure designed to attract a variety of saltwater fish. In addition to their flagship lures, they also offer a variety of other fishing products, including surf, crab, sand flea, and trolling lures, jigs, daisy chains, and more.

The company owns its tooling and manufactures all products in the USA. Over $100,000 of tooling and equipment is included.

Retail outlets include their websites and long-term relationships with Bass Pro and Cabela's.

If you would like to receive an NDA or have questions, please contact Eric J. Gall by completing the "Contact Form". After you click "Send Message", you will immediately receive a link to our electronic NDA by email and text if you entered your cell phone number. If you have questions prior to signing the NDA, please provide them in the "Optional Message" box and I will call or text you. NOTE: my call or text will come from my personal phone number, not the tracking number placed on this ad by BizBuySell/BizQuest. Calls from the tracking number are not always successfully forwarded to my personal phone due to spam filters.

Brokers: Will co-broke with BBF and AFLBB members as well as IBBA CBIs. All others shall be on a referral basis only.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The company operates out of the seller’s home and needs to be relocated.  Space required for a new buyer would include approximately 100 SF of office space, 100 SF of assembly/packing space, 170 SF of storage space, and 130 SF of painting space.  A total of 500 SF should be sufficient to maintain the present operations. Over $100,000 of tooling and equipment is included. Detailed in Confidential Business Review.
Competition
Detailed in Confidential Business Review.
Growth & Expansion
1. Add new products and services. The seller has a list of suggestions. 2. Increase marketing (internet advertising, Google Ads, TikTok, etc.). The seller relies solely on customers finding them online or at Bass Pro and Cabela’s. 3. Increase trade-show presence and direct selling to retailers.
Financing
A small amount of seller financing may be available to a qualified buyer.
Support & Training
Three weeks of transition assistance are offered at no charge.
Reason for Selling
Retirement
Home-Based
This business is Home-Based
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Eric
Gall, MBA, CM&AP, CBI, M&AMI
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Eric Gall, MBA, CM&AP, CBI, M&AMI