Price
$95,000
Profit *
$85,477
Sales Revenue
$126,023
Location
Bay of Plenty Region, Whakatane
Category
Retail General, Homeware/Hardware
Listing #
BOP00873
Bait Cannons is a unique, home-based manufacturing business specialising in innovative fishing equipment that enhances the surfcasting experience for anglers across New Zealand. Operating from a compact setup, the business is easily relocatable—ideal for someone working from a home garage or looking to expand an existing small-scale operation.
The core products are two purpose-built devices designed to launch sinkers and baited hooks far into the sea. They help anglers reach better fishing zones with ease and precision. Built for durability and simplicity, they’re popular with New Zealand’s fishing community and supported by a loyal customer base. The demand for practical, user-friendly fishing tools continues to grow, reinforcing the business's market position.
A key strength of Bait Cannons is its low-overhead, home-based model, which doesn’t compromise on product quality. The operation is lean and mobile, providing flexibility for the new owner. It’s especially appealing to hands-on individuals or small manufacturers looking to diversify with minimal investment.
Running the business requires basic mechanical skills and familiarity with hand tools. The current owner will provide full training to ensure a smooth handover. This includes instruction on production methods, quality control, inventory, and customer management—making it accessible even to those new to manufacturing.
With just two main products, the operation remains streamlined and efficient. This simplicity supports fast turnaround times and easy stock control, all while maintaining strong supplier relationships and consistent access to quality materials.
Financially, Bait Cannons has a solid foundation, with stable sales and a loyal niche market. There's growth potential through marketing, new distribution channels, or expanding the product line.
With a turnover last year of over $126,000 plus GST producing a healthy net profit to the owner of over $85,000 this is an ideal opportunity for a motivated entrepreneur wanting a relocatable, home-based business with proven products and ongoing support.
Contact Lucy now to learn more.
Lucy Hammond, +64 21 0242 2978, [email protected]
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#wesellbusinesses #buyajob #whakatane #retail #baitcannons
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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