as mentioned above, margins will be tight but if you keep it small and run efficiently with limited staff, I think any bait shop could do well just about anywhere. its so much nicer to shop small stores then fight the crowds.
most of the places I see go under are because of too high rents and too high payroll for staff because owners don't want to put the time in to run them.
I would go out of my way to shop at a small store before going to large retail stores
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