30 Year Old Ceramics Business For Sale

Davidson County, NC (Relocatable)

Ceramics Business For Sale
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Asking Price: $295,000

Cash Flow: $95,000

Gross Revenue: $700,000

EBITDA: N/A

FF&E: $55,000

Inventory: $195,000

Real Estate: $895,000*

Established: 1988

*not included in asking price.

30 Year Old Ceramics Business For Sale

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Business Description

Motivated Seller.... 30 Year Old Business, 60% Internet Sales

Business in same place for over 30 years, has seen many different economic environments and has survived in good times and bad. Ceramics business that caters to the hobby ceramics market, DIY consumers, ceramic professionals as well as schools and government institutions.

The majority of the business comes from online sales which account for roughly 60% of all sales generated. Internet advertising has not been used in years and the company can gain from the use of social media advertising, local advertising and hosting events for consumers at the facility.

The owner has not invested much time or energy over the last several years and has placed all responsibilities with a store manager.

Roughly $190K in inventory will convey with the sale. Inventory is constantly on the move either by sales or by purchases.

Detailed Information

Location:
Davidson County, NC
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
20,000
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business operates in a 20,000 SQ FT. warehouse, has roughly $190,000 in inventory. Building can be part of the sale or can be leased back.
Competition:
Competition is out there on the internet, however with a well placed marketing and advertising campaign the business over time should gain more traction and sales will increase.
Growth & Expansion:
Attend more trade shows, bring in more inventory to cross sell products into the marketplace. Retail traffic can be improved by hosting classes and events at the facility. The business is continually asked to host classes, however has not been aggressive about hosting them.
Support & Training:
Owner will provide training and support for a period of 1-2 weeks. A longer period can be discussed more in depth for a serious buyer. Owner is currently working as a consultant and will take time to train new buyer to make sure they are successful. Office manager is in place and has worked in business for over 15 years and is very capable of providing additional trai
Reason for Selling:
Seller has been absentee from the business for 4-5 years, other interests
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Business Listed By:
John Massimini

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