Should I open a bait shop at my local lake?

Question

I really want to open a bait shop at my local lake. We have one but it is hit and miss when they are open. Last week it was open one day. The gas station here carries worms but as soon as they get them they are gone. Should I open one,and where can I get the info I need to get started, What dealers do I talk to about getting the products I need, worms, minnows, crickets, tackle, ect. HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!...

Answer 1

Gentleman that goes by the profile nickname of i***n, might just pick up on your question ~ he be quite an expert on  Fishin' Tackle Stores, amongst other things ;)...

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Answer 2

Should I open a bait shop?

Think long and hard about opening up a shop as you now see the hours an days needed are long and many.

Is there a need for another one??If yes then go to next stages.

Is there a building that has good access for the customers IE:trailered boats,location,size..!

Research bait wholesalers! Research tackle wholesalers!

Zoning and codes for business!

Now you will need your states retail merchants license and a bait dealers license!Each license has its place in your business one gives you the legal standing to open and carry a name plus gives you a taxable ID number for your business and the other is for the selling of live bait.

Email me if you would like I can send you some info on tackle distributors but you will need to find local live bait wholesaler near you!

This is not easy like some ppl think the work hours are long and you need to be able to do paperwork learn tricks on keeping bait live and healthy money managemnet and all the things for running your own business.Dont expect to make it rich running a bait shop.Be diverse and specific on your license of what you will sell.

Answer 3

people forget to bring bait and other things for fishing all the time.since your bait shop is the only one around more people are going to come to your bait shop for suplies. If your worried about the gasstation witch sells worms forget about it. Any fishermen woould go to a bait shop over a gasstation.PLus you said thatthe gas station only sells worms. MAny people fish with other thing then worms. Hope this helps.