Profitable Bait & Tackle Shop for Sale | Islamorada, FL

Business
  • Listing# : 19110
  • Listed Price : $515,000
  • Total Sales : $791,845
  • SIC : 5941
  • Down Payment : $515,000
  • Status : Active
  • Discretionary Earnings : $143,514

Business Type :

Marine Related / Bait & Tackle Store; Sports Related Biz / Sporting Goods Store

Business Description :

Bait & Tackle Shop – Islamorada

Established in 2019, this profitable shop serves local anglers and tourists with live and frozen bait, premium tackle brands (NLBN, Nomad, Johnny Jigs), and is an authorized Penn dealer. The store also offers fishing apparel, snacks, drinks, beer, seltzers, and wine for trips on the water. Known for outstanding customer service and excellent Google/Yelp reviews, the business enjoys steady repeat customers and strong community presence through tournaments, events, and an annual charity fundraiser. With consistent profits and clear growth opportunities through expanded product lines, marketing, and local partnerships, this is a turnkey opportunity in one of the world’s premier fishing destinations.  The property includes a boat slip with approximately 1,000 sq. ft. of dockside space used for freezers and customer parking, as well as a bathroom located in an adjacent building. Price of the business includes $ 175,000 in inventory.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $175,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $10,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $185,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Marine Related, Sports Related Biz