Business Summary:
Remarkable opportunity to own this long-established turn-key fishing tackle and bait business. The "Go To" place for anything and everything for fishing. It is experiencing tremendous growth. While many businesses reverted to pre-pandemic levels this business has remained strong and doubled its growth. 2023 business is on a record setting pace. This fun and profitable business has an outstanding reputation for its well-stocked inventory, friendly expertise and prime location. Business results are looked at in 2-year cycles. Odd numbered years are higher in sales than even years due to the large pink salmon runs every other year. The Business, Inventory and Real Estate are included for Sale. The current Owner works full time in the business.
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| Year
Business was Established: 1981 |
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| Number of Employees:
1 FT/4 PT |
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| Facilities / Terms of Lease:
The Real Estate is included in the sale. It has a strategic location on the highest traffic count corridor in this market. Everyone in the area knows this business. This small and efficient standalone building on its corner lot is on the busiest street in town with easy access. Its well maintained exterior has a new roof. The interior has unique and innovative displays which organize an incredible assortment of inventory within its small footprint of 620 sf. Its prime location is minutes from the Snohomish river system and Puget Sound. |
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| Potential
Growth/Expansion:
Good growth opportunity. A new owner can continue to build on the reputation which will provide plenty of upside potential within the community and online. The E-Commerce site is not being fully utilized. |
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| Competition:
This shop's growth has doubled since pre-pandemic. While the Pacific Northwest has a love for the outdoors, interest in fishing spiked during the pandemic, with many people deciding to reconnect with nature. Men, women and families spend more time fishing. This strong demand has continued after the pandemic. The last half of 2023 will be record setting due to large pink salmon runs. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Owner retiring. |
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Seller Reference Number: 8004-18070
BusinessMart.com Listing Number: 304570 |
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