RARE TURNKEY SPECIALTY RETAIL OPPORTUNITY
POTENTIAL VENDOR FINANCING
This is an established and growing, family-operated specialty fishing retailer located in Alberta. As the only dedicated fishing and tackle retailer serving the Tri-region area, and one of the few dedicated tackle shops in Alberta, the business occupies a distinctive niche with limited direct competition.
Open for retail operations since 2022, the business has built a recognizable brand, loyal and growing customer base, strong supplier relationships, and a reputation for knowledgeable service and a carefully curated selection of Canadian-made and unique international products, many not available in big-box stores.
A TRUE TURNKEY BUSINESS
The business operates from a professionally designed and fully equipped retail store and includes an active e-commerce website, user-friendly POS and operating systems, established procedures, strong branding and digital assets, supplier relationships, fixtures, displays and equipment. A purchaser can step into an established operation rather than developing a specialty retail business from the ground up.
ESTABLISHED CUSTOMER BASE & DEMONSTRATED GROWTH
Steady growth has been achieved primarily through loyal repeat customers, word of mouth, outstanding online reviews, community involvement and a strong Support Local and “Canada Strong” reputation. Customers continue to travel from throughout the local region, Central Alberta and beyond, while e-commerce extends the business’s reach across Canada, the United States and into international markets.
The most recent fiscal year showed continued improvement, with revenue increasing 13.5%, gross profit increasing 26.2%, gross margin improving from 39.9% to 44.4%. The shop has transitioned into positive operating income since opening.
A further competitive advantage is the business’s position as one of only six Provincially designated hunting and fishing licence issuers across Stony Plain, Spruce Grove and Parkland County—and the only dedicated fishing and tackle retailer among them—with Federally required camping passes also available through the same licensing system. These services provide an established and growing customer-acquisition channel, bringing anglers, hunters and campers into the store and creating unlimited and largely untapped opportunities for complementary outdoor product sales.
BUILT FOR THE NEXT OWNER
In combination with 4 years of extensive SEO work, minimal investment in paid advertising has been focused primarily on Google activity, and achieving first page search visibility. Aside from active social media accounts, additional advertising has been largely untapped. Significant opportunity remains to expand organic discovery, digital and social media marketing, e-commerce, regional reach, product selection and complementary outdoor products and services.
Above and beyond the included existing owned inventory, the growing and easily expandable commission-based Canadian Vendor Program currently provides approximately $24,000 in retail-value merchandise already in-store. This extensive selection of quality inventory can be available with the sale without additional business expense, upon renewal of existing vendor agreements. The program expands the Canadian-made product selection, supports independent Canadian entrepreneurs and businesses, and creates unlimited further opportunities for growth.
The active e-commerce platform and associated Shopify Collective program also provides extensive opportunities to expand product selection and online sales. The Collective allows numerous individual businesses to link their online inventory selections, vastly expanding product selection well beyond one shop's availability, providing additional online visibility, and generating additional income via agreed commissions.
Unused retail space within the existing premises provides room for further in-store expansion.
This opportunity may be particularly well suited to an entrepreneur, outdoor or fishing enthusiast, or hands-on owner-operator. Fishing knowledge would be an asset but is by no means essential, with user-friendly systems and agreed-upon training and transition support available to aid a new owner.
Asking Price: $135,000, including aprox. ~$30K owned inventory and potentially ~$24K consigned inventory.
Vendor financing may be considered for qualified buyers, subject to financial assessment, down payment, and mutually acceptable terms.
Note:
Owned inventory cost is estimated - actual value to be determined at time of sale.
Consigned inventory available upon agreement renewals with existing consigned suppliers.
