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Fishing Industry Business with Real Estate, Metro Location 59034

Fishing Bait and Tackle.jpg
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Retail Businesses for Sale

  • Primary Industry: Other Retail

Established in the 1940’s, this well-known bait and tackle retailer has been serving anglers across the Twin Cities Metro and surrounding region for nearly eight decades. Known for its live bait selection, tackle inventory, and customer service, the business has built a loyal customer base and a strong reputation within the local, state and regional fishing communities. Operating from a highly visible retail location, the company serves customers year-round with products and expertise tailored to both open-water and ice fishing sportsman and sportswomen.

The acquisition is an ideal opportunity for a hands-on, retail-oriented entrepreneur in the fishing and outdoor recreation industries. In addition to its well-established retail operation, the business offers value-added services including on-site rod and reel repair and seasonal boat shrink wrapping, adding to the company’s revenue streams and customer engagement.

The company has a growing e-commerce platform that ships select bait products nationwide. Consistent revenue growth over the past three years has been driven by repeat customers, regional brand recognition, and limited competition in the marketplace.

Included in the sale are the real estate (at bank’s appraised value), retail infrastructure, and proven operational systems, providing a seamless transition for new ownership. Growth potential exists through expanded online sales, enhanced digital marketing, additional product lines, and operational efficiencies.

Qualified buyers should have a minimum of $100,000 in available capital for the required down payment. This is a rare opportunity to acquire a respected, legacy outdoor retail business with deep community roots, decades of awards, multiple revenue channels, and opportunities for future growth.

Listing ID: 59034

Financial Information

  • $665,000 Asking Price
  • $138,623 Cash Flow
  • $905,539 Gross Revenue
  • $102,000 Down Payment
  • N/A Adjusted EBITDA

Business Location

  • City: Confidential
  • State: Minnesota

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1947
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: Yes
  • Part-Time Employees: 13
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $82,000
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $430,000
  • Building Size: 2732
  • FF&E Included?: Yes
  • FF&E Value: On request
Business Listed by
image of Sunbelt Business Advisors
Sunbelt Business Advisors
Sunbelt Business Advisors
Email Sunbelt
Show Phone Number
Listing ID
MINNEMN003-59034
License Number
MN License #40214109

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