It's retirement time, so the owners want a replacement fishing guru or trainee guru to purchase the No #1 Bait and Tackle Shop in the Whitsundays. The vendors, also the landlords, have a great interest in finding an enthusiastic, service oriented new owner, to further develop the financial success they have enjoyed from owning this business. They are prepared to offer a very favourable lease and may consider offering the freehold at a future date.
As the town has grown, the owners have witnessed the final demise of 14 similar businesses, while they have continued to operate very profitably and continue to grow now for 40 years. It is now the only fishing tackle outlet within 8klms.
The business is well known both locally and internationally for its extensive range of hire equipment, including many items that are not available from any other providers locally. The hire products represent a huge part of the businesses turnover and are high profit makers, with income from not only the general public, but also being the primary supplier for up to 44 charter boat companies.
The shop stocks an unbelievabe extensive range of both enthusiasts and experienced game fishermen's rods, reels, bait and every imaginable fishing accessory a customer could be looking to buy or hire, as well as being the only stockist of Stinger Suits, Spearguns, Sun Protective Shirts and a myriad of other products. With stock levels over $300,000 (SAV), it's not hard to be able to supply all of their requirements every time.
As it is expected that there will be great interest in acquiring this business for its lucrative hire income, longevity, solid reputation, extensive stock holdings and most importantly the price expectation of the vendors. The vendors have decided that to acquire the right new owner, a WIWO sale is the most appropriate to offer at only $360,000.
If you would like to know more about this business please complete our online confidentiality agreement here: [Web Link Censored]
or visit our Website [Web Link Censored] and use the reference #1249 to search for the business.
Property Code: 1249
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