Profitable Bait & Tackle Shop for Sale | Islamorada, FL

Asking Price$515,000

Cash Flow
$143,514
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$791,845

Inventory$175,000
Included in asking price
FF&E$10,000
Included in asking price
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Profitable Bait & Tackle Shop for Sale | Islamorada, FL


Asking Price$515,000

Cash Flow
$143,514
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$791,845

Inventory$175,000
Included in asking price
FF&E$10,000
Included in asking price
Business Description
Profitable Bait & Tackle Shop for Sale | Islamorada, FL
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.
About the Business
Years in Operation
6
Facilities & Assets
The facility consists of a 3,000 sq. ft. retail store with a current monthly rent of $5,661.86. The lease runs through February 1, 2029, with a 5-year renewal option. 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.
Market Outlook / Competition
The business operates in a competitive market that includes other local bait and tackle shops, convenience stores with limited fishing supplies, and larger sporting goods retailers. However, it stands out through its wide product selection, authorized dealer status with leading brands, and exceptional customer service. Its strong reputation, loyal repeat customers, and community involvement provide a competitive advantage that differentiates it from more generic or less specialized providers.
Opportunities for Growth
Significant growth potential exists through expanded digital marketing, online sales, and partnerships with local fishing guides and hotels. Adding new product lines and extending hours or services would capture additional revenue and enhance profitability.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
About the Sale
Seller Motivation
Retirement.
Transition Support
Will train for 2 weeks @ $0 cost.
Listing Info
ID
2420352
Listing Views
10

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Business Listed by: Andy Fischer Murphy Business & Financial Corporation

Listing ID: 2420352 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.