Fishing lure company for sale
Business Description
Established Fishing Lure Manufacturing Company - 24 Years of Proven Success
Fishing Complete Inc. is a well-established manufacturer of soft plastic fishing worms and related tackle products, serving customers from small independent bait and tackle shops to major retailers including Walmart. Founded in 2000, this profitable business has built a strong reputation in the fishing industry with consistent operations and growth.
BUSINESS OVERVIEW:
• Annual Revenue: $227,000
• Cash Flow (SDE): $320,034
• Industry: Rubber & Plastic Products Manufacturing
• Established: 2000 (24 years in operation)
• Location: Canton Township, MI (Wayne County)
KEY STRENGTHS:
• Strong distribution network with direct sales to major retailers like Walmart
• Utilizes manufacturer's representatives for smaller retail market penetration
• Record-breaking sales performance in recent three months
• Complete manufacturing setup with specialized equipment
• Diverse customer base from independent shops to national chains
INCLUDED ASSETS:
• Zorn Industries injection machine with dozens of manufacturing molds
• Complete production equipment including compressor and packaging machine
• Storage racks and organizational systems
• Raw materials inventory including unmolded rubber, color additives, and glitter
• Inventory valued at $221,000
• FF&E valued at $75,000
FACILITY:
• 2,500 square feet of leased manufacturing space
• Monthly lease: $2,500
• Lease term through December 28, 2026
• Fully equipped for immediate production continuation
GROWTH OPPORTUNITIES:
• Significant domestic expansion potential
• Untapped international market opportunities
• Current owners have not actively pursued growth initiatives
• Strong foundation for scaling operations under new ownership
OWNER SUPPORT:
• Retiring owners willing to stay on as employees during transition
• Comprehensive training and knowledge transfer available
• Established relationships with suppliers and customers
This turnkey operation offers an excellent opportunity for an entrepreneur or existing business to acquire a profitable manufacturing company with established market presence, proven revenue streams, and substantial growth potential. The business benefits from strong industry relationships, efficient operations, and a solid customer base that provides stability and expansion opportunities.
Reason for Sale: Owner retirement after successful 24-year operation.
Fishing Complete Inc. is a well-established manufacturer of soft plastic fishing worms and related tackle products, serving customers from small independent bait and tackle shops to major retailers including Walmart. Founded in 2000, this profitable business has built a strong reputation in the fishing industry with consistent operations and growth.
BUSINESS OVERVIEW:
• Annual Revenue: $227,000
• Cash Flow (SDE): $320,034
• Industry: Rubber & Plastic Products Manufacturing
• Established: 2000 (24 years in operation)
• Location: Canton Township, MI (Wayne County)
KEY STRENGTHS:
• Strong distribution network with direct sales to major retailers like Walmart
• Utilizes manufacturer's representatives for smaller retail market penetration
• Record-breaking sales performance in recent three months
• Complete manufacturing setup with specialized equipment
• Diverse customer base from independent shops to national chains
INCLUDED ASSETS:
• Zorn Industries injection machine with dozens of manufacturing molds
• Complete production equipment including compressor and packaging machine
• Storage racks and organizational systems
• Raw materials inventory including unmolded rubber, color additives, and glitter
• Inventory valued at $221,000
• FF&E valued at $75,000
FACILITY:
• 2,500 square feet of leased manufacturing space
• Monthly lease: $2,500
• Lease term through December 28, 2026
• Fully equipped for immediate production continuation
GROWTH OPPORTUNITIES:
• Significant domestic expansion potential
• Untapped international market opportunities
• Current owners have not actively pursued growth initiatives
• Strong foundation for scaling operations under new ownership
OWNER SUPPORT:
• Retiring owners willing to stay on as employees during transition
• Comprehensive training and knowledge transfer available
• Established relationships with suppliers and customers
This turnkey operation offers an excellent opportunity for an entrepreneur or existing business to acquire a profitable manufacturing company with established market presence, proven revenue streams, and substantial growth potential. The business benefits from strong industry relationships, efficient operations, and a solid customer base that provides stability and expansion opportunities.
Reason for Sale: Owner retirement after successful 24-year operation.
About the Business
- Years in Operation
- 26
- Employees
- 4 (3 Part-time, 1 Contractor)
Packager's get paid on a percentage of the bags/boxes packaged. - Facilities & Assets
- The warehouse in Canton is leased and consists of approximately 2,500 square feet. The space is primarily used to store rubber worms, with a small office area and a section dedicated to packaging operations
- Website
- https://fishingcompleteinc.com/
- Market Outlook / Competition
- Fishing Complete Inc. supplies soft plastic fishing worms and related tackle products to customers ranging from small independent bait and tackle shops to major retailers such as Walmart.
The business includes Zorn Industries injection machine and dozens of molds used to manufacture rubber fishing lures. Additional equipment and inventory included in the sale consists of a compressor, packaging machine, storage racks, unmolded rubber, color additives, glitter, and other related materials. - Opportunities for Growth
- There is significant opportunity to grow the business both domestically and internationally. The retiring owners have not actively pursued expansion, creating meaningful upside for a new owner.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,500
- Rent
- $2,500.00 per month
- Lease Expiration
- 12/28/2026
About the Sale
- Seller Motivation
- Retirment
- Transition Support
- The Owners are happy to stay on as employees.
Listing Info
- ID
- 2499799
- Listing Views
Business Location
Listing ID: 2499799 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.
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