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Established Twin Cities Metro Bait & Tackle Retailer with E-Commerce Growth 59034

Fishing Bait and Tackle.jpg
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Retail Businesses for Sale

  • Primary Industry: Other Retail

Established in 1947, this long-standing bait and tackle retailer serves anglers throughout the Twin Cities Metro and surrounding region with a strong reputation for quality live bait, fishing tackle, and customer service. The business operates from a highly visible retail location and offers a broad range of products supporting both open-water and ice fishing seasons. Value-added services include on-site rod and reel repair and seasonal boat shrink wrapping.

The company has evolved into a diversified operation with both an in-store retail presence and a growing e-commerce channel that ships select bait products nationwide. Revenue has demonstrated steady growth over the last three years, supported by repeat customers, strong regional brand recognition, and limited direct competition.

Included in the sale is the real estate, retail infrastructure, and established operational systems. The business is well positioned for continued growth through expanded online sales, additional product offerings, and operational efficiencies under new ownership.

Interested buyers should have $100,000 in available capital for the down payment.

Listing ID: 59034

Financial Information

  • $600,000 Asking Price
  • $138,623 Cash Flow
  • $905,539 Gross Revenue
  • $10,000 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: $350,000
  • Building Size: 2595
  • 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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