Lucky Tackle Box ("LTB" or the "Company") is a fast growing subscription box for anglers in the US and Canada. The Company has 12,000 active subscribers and an aggressive marketing campaign. In the US, there are 45 million active anglers (more than golfers). There are only three (3) fishing subscription companies and LTB is number two.
In July 2019, LTB with acquired by LTB Management LLC and recapitalized. Previous management started the Company in 2013. At its peak, LTB had 35,000 active customer and $9 million in sales. Due to lack of capital, the Company's struggled financially and sales declined in 2017-2019.
Sales in 2019 were $3 million and are expected to grow by 25% in 2020. The Company is near break-even.
LTB has joined forces with BDS Marketing and its digital studio Wow Brands. Aggressive marketing supported by social media connectivity, education, and excellent customer service is the basis of LTB's strategy for grown and longevity.
The Company has been venture funded and has no debt.
LTB Managment LLC acquired the Lucky Tackle Box brand.July, 2019
12,000 active and satisfied subscribersDecember, 2019
$3 million annual sales. No debt.January, 2020