Absolute turn key bait, tackle & gun shop servicing numerous lakes in Sherburne & Isanti counties, as well as Mille Lacs Lake fisherman.  Has shown significant growth for past 4 years.  Includes totally remodeled residential home, complete FF&E and inventory.  This is a  fun and exciting business for the avid sportsman!  Summer is profitable, but ice fishing is the best season for this bait shop.  We are a DNR licensing  & big game registration station.  Seller will carry FFL for new owner until approved & ongoing training.  Home can be converted to 2nd retail store.  Great business for a family or couple.

BAIT & GUN SHOP DESCRIPTION & EQUIPMENT:

Building size: 28x34 (952 square feet)

New Improvements include: roof, siding, insulation, electrical, handicapped accessible restroom, tongue & groove pine walls, custom gun case

New Mechanicals include: furnace, central air & water filtration system

Bait holding tanks: 

•2 shallow tanks for leeches, 7 deep tanks for minnows

•2 outside storage tanks (4x8x4 for storing large quantities of bait)

•All tanks are operated on automatic timers & filled with filtered city water.  Average monthly water bill is approximately $60. 

Miscellaeous Equipment:

•2 Point of Sale Systems

•2 Credit Card Machines

•1 Display refrigerator for pop, candy & bait

•1 standard refrigerator for bait

•DNR Licensing Machine (owned by DNR, but continuous free lease)

Inventory:

•Summer inventory, plus all minnow traps & transport tanks

•All remaining winter inventory

•All firearms owned by gun shop & ammo

•All bait on site at time of closing

•Bags, bait cups, shop buckets & all supplies for electronic equipment, stationary

Licensing:

•Seller will carry Federal Firearms License until new owner acquires their own

•DNR requires licensing each year- seller can hold until new owner is approved

•Seller will assist with obtaining all licenses.

We have  renewable lease for a billboard on Hwy 169 which attracts new customers weekly & has been a great means of advertisement.  We also have a website which is in the process of expansion to an on-line shopping store.

RESIDENTIAL HOME DESCRIPTION:

The home was originally built in 1955.  The seller completely renovated the structure in 2008 from the exterior walls inward.  Electrical, mechanicals & roof are all new.  The measurements are:

24x21 Living room, dining room & kitchen

13x14 Master bedroom

11x13 Bathroom, laundry, walk in closet

12x13 Office

35x12 Upper level guest bedroom & playroom

6x8 Unfinished basement

2 patios measuring approximately 12x12

Included with sale are the washer, dryer, stove, refrigerator, dishwasher, built in microwave, all wood blinds & hot tub.

The home is billed separately for natural gas heat.  Electricity is combined with the bait shop.

This is a fun business & convenient to operate with the home located next door.  The 2 part-time employees are willing to stay with the sale & are well versed in the day to day operation of the bait shop & the point of sale & DNR systems.  There is also a part time bookkeeper for payroll & accounts payable.  Owner is a real estate broker & pursuing a new venture outside of the state of MN.

The home can also be converted to retail if preferred.  The lot is approximately 1/2 acre & will accommodate an addition or a garage.

Full financial disclosure provided to serious buyers with a confidentiality agreement .