RARE TURNKEY SPECIALTY RETAIL OPPORTUNITY
This is an established, 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.
Developed beginning in 2020 and 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
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, with minimal investment in paid advertising. Customers 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%, and operating income moving into positive territory for the first time since opening.
A further competitive advantage is the business’s position as one of only six AlbertaRELM hunting and fishing licence issuers across Stony Plain, Spruce Grove and Parkland County—and the only dedicated fishing and tackle retailer among them—with camping passes also available through the licensing system. These services provide an established customer-acquisition channel, bringing anglers, hunters and campers into the store and creating opportunities for complementary outdoor sales.
BUILT FOR THE NEXT OWNER
Significant opportunity remains to expand organic discovery, digital and social media marketing, e-commerce, regional reach, product selection and complementary outdoor products and services.
The growing commission-based Canadian Vendor Program currently provides approximately $22,000 in retail-value merchandise already in-store and available for sale without requiring the business to purchase the associated inventory upfront. The program expands the Canadian-made product selection, supports independent Canadian entrepreneurs and businesses, and creates further opportunities for growth.
The active e-commerce platform also provides additional opportunities to expand product selection and online sales, while available retail space within the existing premises provides room for further in-store expansion.
The 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 not essential, with user-friendly systems and agreed-upon training and transition support available.
Asking Price: $125,000 plus owned inventory at cost.
