1096 N Us Hwy 1, Ormond Beach, FL

Others for Sale - $259,000

Agent Info

William Yarbrough
Coldwell Banker Premier Properties

Property Info

  1096 N Us Hwy 1
  Ormond Beach FL 32174
UpdatedOctober 20th, 2021


Property Description

Wholesale Manufacturers and Distributor of Fishing Tackle and Supplies. COVID resistant business in Florida Fishing Industry. Listing price includes real estate. Owner will sell without real estate, as business is easily relocated. Established for 46 years, this wholesale distributor of saltwater fishing supplies currently services over 50 retail accounts stretching from Mayport and Jacksonville, south to Wabasso, and west to Orlando. The company grew revenues steadily in the years preceding the COVID-19 pandemic. 2020 sales hit $474,000 and are showing a significant increase in first quarter 2021 as more people look for recreational activities outdoors and unaffected by ongoing lockdowns and social distancing requirements. The company also manufactures and sells it's own line of unique shrimp nets, Oak Hill Shrimp Nets‹. Included in the sale is a 2,000sf heated and cooled flex warehouse condominium.

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