Wholesale/Retail Pottery Business for Sale

Not Disclosed, SD

Asking Price: Annual Revenue:
$470,000 Not Disclosed

Retail: Art, Photography, Accessories

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RE: Wholesale/Retail Pottery Business for Sale Broker: Rey Gonzales

Quick Facts

Asking Price: $470,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: $385,000
Year Established: 1958
Employees: 7
BBN Listing #: 61534955
Broker Reference #: 5401-14539

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Business Overview:

For six decades, this business has produced Native American pottery that has been offered across the United States and purchased by customers across the globe. With three distinct pottery lines, the business owns over 2,500 different molds and has a retail customer list of over 1,500 and a wholesale account list of approximately 80.
The current owner manages the day to day operations, along with eight employees. The business is housed in a 13,000 square foot building that has good access, visibility and parking. The Real Estate can be purchased or leased and is included in the asking price. The current owner is committed to assisting with a successful transition.

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Property Features and Assets:

For over five decades, the business has been located in the same location. The business is housed in a 13,000 square foot building, that sits on approximately an acre and a half. The Real Estate is located on a busy highway, with good visibility, parking and access. The Real Estate is available for lease or purchase; the price of the Real Estate is included in the asking price. All assets are included in the business sale; an itemized list will be provided to qualified buyers. Total Assets: $470,000

Market Competition and Expansion:

Because of the unique, niche nature of the business and its products, minimal direct competition exists. Over the last sixty years, the business has built an excellent reputation and solid wholesale customer base. Excellent potential for growth for an ambitious and motivated buyer. Current owner has not pushed the acquisition of new retailers and been on the trade show circuit for a number of years; thus a good to re-engage those channels. Historically, the business has done three times the amount of revenue that's currently being generated, which makes this an excellent time for acquisition and growth.

Reason for Selling:

After 26 years, owner is looking to retire.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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