Turnkey Bait Manufacturing Business With Shop– Reeling in Profits

Asking Price$124,999

Cash Flow
$75,000

EBITDA$65,000

Gross Revenue$65,000

Inventory$75,000
Included in asking price
FF&E$60,000
Included in asking price
Real Estate$75,000
Included in asking price
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Turnkey Bait Manufacturing Business With Shop– Reeling in Profits


Asking Price$124,999

Cash Flow
$75,000

EBITDA$65,000

Gross Revenue$65,000

Inventory$75,000
Included in asking price
FF&E$60,000
Included in asking price
Real Estate$75,000
Included in asking price

Seller Financing Available
Business Description
Step into a well-established and highly reputable bait manufacturing business that’s built for long-term success. This turnkey operation includes a fully equipped bait shop, multiple commercial buildings for manufacturing and storage, and a robust distribution network supported by nationwide retail contracts.

With a strong brand presence in the fishing and outdoor recreation industries, this business manufactures a wide range of high-demand bait products trusted by retailers and fishermen across the country. The shop also serves as a popular local hub for customers seeking fresh bait, tackle, and expert advice.
About the Business
Years in Operation
72
Employees
10
Currently Relocatable
Yes
Currently Home Based
Yes
Facilities & Assets
Assets include:
Tools for operating the business including forklifts
Multiple commercial buildings including basement storage and freight elevator
Unused space that could be converted into residential apartments
Unused space (previously a barbershop)
Current Inventory
All patented recipes
Wholesale contracts
Social Media channel
Multiple vacuum sealers
2 air compressor-power weigh-fill machines
Multiple air compressors
Tractor
Skid Steer
Semi-trailers
Website
https://rustysbaitandlures.com/
Market Outlook / Competition
There is a lot of competition but our name has been around for over 70 years and still going strong.
Opportunities for Growth
Growth Opportunities:

Expand product line to include new bait types, fishing gear, or branded merchandise

Launch or grow e-commerce and direct-to-consumer sales

Increase marketing presence through social media and influencer partnerships

Develop strategic partnerships with outdoor retailers, lodges, or tourism boards

Leverage unused building space for additional production or subleasing
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Other opportunities
Transition Support
2 Weeks of training and full handover.
Financing Options
This deal is structured as a cash only purchase but open to Seller financing
Listing Info
ID
2334026
Listing Views
628
Business Location

Contact Seller

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Business Listed by: Robin Latchman

Listing ID: 2334026 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.