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Fishing Lure Manufacturer/E-Commerce – Relocatable

Lee County, FL, USA
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Businesses For Sale | Other Manufacturing Businesses For Sale

Listing ID : 2431378

Broker ID : 964-24015

Listed On November 20, 2024 View Count 42

Listing Updated November 20, 2024

Price :
$199,999
Business Overview :
Gross Revenue:
$86,788
Cash Flow:
$30,297
Year Established:
2010
Number of Employees:
1
Inventory Included:
Yes
Estimated Value of Inventory:
$5,000
Accounts Receivable Included:
No
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$100,000
Outstanding Liabilities & Debts:
No
License Included:
No
Business Location Details :
Business Location:
Homebased Business, Business Can Be Moved
Facility & Tenant Improvements:
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.
Property Details :
Terms :
Financing:
Cash, Seller Financing
NDA Required:
Yes
Broker Co-Op:
Yes
Support & Training Offered:
Three weeks of transition assistance are offered at no charge.
Reason for Selling:
Retirement
Company Overview :
Franchise Overview :
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.

Opportunities for a buyer include:

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.

Contact Listing Owner

Edison Business Advisors
License:BK3217067

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Edison Business Advisors

BK3217067

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Contact Listing Owner

Edison Business Advisors
License:BK3217067

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