Other Retail, Other Wholesalers & DistributorsActive
Successful Gun & Archery Shop, Bait, & Tackle Business (Mid-Atlantic)
DescriptionThis Mid Atlantic-based retail and wholesale business specializes in a diverse range of hunting and outdoor sporting equipment, including firearms, ammunition, and archery products, with a strong reputation for exceptional customer service and product expertise. This established, multi-decades old company has built a loyal customer base by offering tailored equipment fitting and maintaining relationships with leading brands.
In addition to retail, the business has an established wholesale division, distributing bait and tackle supplies to commercial clients such as pet stores, gas stations, and specialty retailers throughout the region. This dual focus on retail and wholesale provides diversified revenue streams and resilience against market fluctuations. The business operates from a strategic location in a growing regional market and offers a turnkey opportunity for buyers seeking entry into or expansion within the sporting goods and outdoor activities sector.
This opportunity includes a well-maintained inventory, a trained and experienced staff, and established vendor relationships. The business is primed for continued growth through expanded marketing efforts and leveraging its strong reputation in both retail and wholesale markets.
This business and real estate have been pre-qualified by two banks. Complete details are included in the Confidential Information Memorandum (CIM). Prospects are subject to financial and operational qualification, and loan will undergo a full underwriting process before approval.
Real Estate$3.34mIncluded in Asking Price
Furniture Fixtures & Equipment$1.03m
Inventory$1.34mIncluded in Asking Price
Number of EmployeesFull-Time: 33
Reason SellingOwner Retirement.
Facilities & AssetsStrategically located on a highly trafficked commercial corridor, the retail storefront serves as the hub for the company’s hunting, firearms, and archery sales. With approximately 5,900 square feet of retail space, the store provides a welcoming, organized environment for customers to browse its extensive inventory. The location benefits from a daily traffic count of approximately 48,000 vehicles, ensuring strong visibility and accessibility for outdoor enthusiasts and first-time visitors alike.
Market & CompetitionThe retail sporting goods market is highly competitive, characterized by a mix of national chains, big-box retailers, and niche specialty stores. Key competitive factors include pricing, product selection, customer service, and location convenience.
The wholesale distribution of bait and tackle operates in a more specialized market with fewer direct competitors but significant challenges related to logistics, pricing, and customer retention.
Growth OpportunitiesGrowth opportunities include expanding e-commerce capabilities to reach a broader audience, enhancing marketing efforts for both retail and wholesale segments, increasing geographic distribution for wholesale operations, introducing new product lines to offset seasonality, and leveraging the archery training facility for events and community engagement. Additionally, forming strategic partnerships and strengthening online visibility can further boost revenue and market presence.
Financing OptionsLender pre-screened with $874K down.