Scott,
I mite be interested ?? I am in Michigan and the weather is going to hold off your hand poured bait sales ( except ice fishing ) for you in Ohio a while .That will give you time to get the shop up & going. I would get a very large assortment of stuff. By that, I would only have a couple of each item, say,, 2 packs of each color , but a good asst. of colors.1st impressions are important.!! When the doors open and guys come in they want to see a good asst. With the something new,, that will help..
That way you can have a great variety with out having tons of money invested.Then as you figure out what your traffic wants, you can ajust inventory then, It will not be easy,, a lot of Wal marts & ebays out there. But it can be done.
good luck & keep us up to date on your progress.