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. 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 ammunition & firearms owned by gun shop. (We also sell firearms on consignment for our customers) •All bait on site at time of closing •Bags, bait cups, shop buckets & all supplies for electronic equipment, stationary & envelopes, shelving, etc. 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 a renewable lease for a large 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 being expanded 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 decor is casual cabin with custom made pine cabinetry & trim, flooring is bamboo, black appliances & wood blinds throughout. Laundry is located in the master bedroom walk in closet. 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. This would be an excellent spot for a gift/antique shop. 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 .
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