Business Description

Established fishing lure manufacturing and distribution business with 40 years of history, catering to a diverse clientele across North America and beyond. The catalog boasts over 2000 types of baits, ranging from Soft Plastics to Buzzbaits and Tungsten, meeting the varied needs of anglers. Revenue streams are diversified, stemming from tackle stores, distributors, and direct consumer sales via online and social media platforms with consistent annual sales ranging from $350k to $450k over the last five years. The sale of this business includes the brand name, machinery, production bait molds, inventory, clientele data, digital assets such as social media accounts and website, as well as operational expertise. Despite its success, the business has been efficiently run by a small team with only 3-5 full-time employees. The inventory, valued at $300,000.00, is also part of the package. The current owner's decision to sell is driven by a new leadership opportunity in the healthcare sector,