#1 Bait & Tackle Shop in Whitsundays For Sale | ID: 1249

#1 Bait & Tackle Shop in Whitsundays For Sale | ID: 1249

Preview Listing

Location Details :

Country

Australia

State

Queensland

City

Airlie Beach


Industry :
Beauty/Health - Recreation/Sport ; Accommodation/Tourism - Tours ;

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

Wanted, 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 for almost 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 a very 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 circa $360,000 (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 $395,000.

If you would like to know more about this business please complete our online confidentiality agreement here: https://www.abbabusinesssales.com.au/ca-forms/ca-form-1249
or visit our Website www.abbabusinesssales.com.au and use the reference #1249 to search for the business.

Property Code: 1249

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#1 Bait & Tackle Shop in Whitsundays For Sale | ID: 1249

As Australia’s fastest growing business broker, the ABBA Group are business sales, acquisition and merger specialists. We are a boutique firm that gets results for all our clients!
 
If you’re looking to enter into a strategic business transaction, you need a team of advisors you can rely on. A team with a track record that’s rock solid. A team that always has your best interests at heart.
 
Since 2005, ABBA Group has managed over $100m in business sales transactions and over $200m in targeted acquisitions. The ABBA Group has represented corporates and individuals in over $300 million worth of acquisitions, divestments and mergers. We’ve partnered with hundreds of domestic and global companies – and linked many overseas investors with lucrative local opportunities.
 
The ABBA Group is an independent member of the Australian Institute of Business Brokers.
 
Why Sell with ABBA Group?

Specialising in transactions from $1m, we can manage the sales process for you from beginning to end. This includes:
 
  • Preparing your business for sale
  • Formulating a marketing strategy
  • Identifying and approaching prospective buyers
  • Negotiating price and contract terms
  • Facilitating settlement and handover
 
Many businesses also engage us after they’ve already identified an interested buyer. We simply pick up from any point you wish.
 
Skilled negotiators to represent you
As former senior sales executives, the ABBA Group team knows how to secure you the best sale price – and the most favourable contract terms possible.
 
Acting 100% on your behalf, we remain calm and confident throughout the negotiation process without ever compromising your strategic position or integrity.
 
Access to a network of high net worth prospects
ABBA Group has access to an extensive network of high net worth individuals and investors.
 
In particular, we are connected with several Chinese and Indian nationals seeking offshore investments – or who are looking to acquire a business to support their Australian residency.
 
Ensuring a seamless transaction
Business divestments demand a number of specialist services to ensure a seamless and successful transaction.
 
ABBA Group partners with reputable specialists including accountants, lawyers, tax advisors and fund managers. We ensure you have the right professionals by your side at every stage of the transaction to ensure the best possible result.
 
Why buy with ABBA Group?
 
An end-to-end business acquisition service
Specialising in transactions from $1m, we can manage the buying process for you from beginning to end. This includes:
 
  • Formulating the brief and your acquisition ‘criteria’
  • Performing an internal review and researching the market
  • Identifying, assessing and approaching acquisition targets
  • Negotiating price and contract terms
  • Overseeing settlement and handover
 
Many people and businesses also engage us after they’ve already found the business they wish to purchase. We simply pick up from any point you wish.
 
Skilled negotiators to represent you
When it’s time for negotiations to begin, we act 100% on your behalf – without emotional attachment.
 
As former senior sales executives, we know how to secure you the best purchase price and the most favourable contract terms possible. And because we work on both sides of the acquisition fence, we know what’s fair and reasonable to deliver optimum results.
 
Uncovering hidden opportunities
We’re often asked why it pays to engage a buyer’s agent. And the answer is simple.
 
With sound industry knowledge and an extensive business network, ABBA Group can help you find businesses that suit your requirements – even if they’re not officially ‘on the market’. And because we’re widely respected and skilled communicators, we’re able to open more doors than most.
 
Related services for a seamless transaction
 
ABBA Group can facilitate a number of related services to ensure a seamless and successful business acquisition, including:
 
  • Sourcing finance
  • Applying for tenancy
  • Preparing a business plan
  • Advising on tax

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$395,000.00

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