Premier Pottery and Art Studio

Charlotte, NC (Mecklenburg County)

Seller Financing Available
Premier Pottery and Art Studio
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Asking Price: $150,000

Cash Flow: $93,000

Gross Revenue: $308,800

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,200 /Month

Established: 2007

Premier Pottery and Art Studio

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Business Description

This paint-your-own pottery and glass fusing studio offers a fun and creative outing for people of all ages and skills. That's the FUN side. The SERIOUS side of this profitable business are the systems and processes that the owner has developed and honed over 21 years in this field.

Customers include: Parent-and-child drop-ins to for a fun and spontaneous outing; grandparents making commemorative gifts; adult friends scheduling an evening event (they can bring their own wine!); children's birthday parties; and corporate team building events.

Detailed Information

Location:
Charlotte, NC
Real Estate:
Leased
Building SF:
1,900
Lease Expiration:
5/31/2020
Employees:
6
Facilities:
Beautiful and modern facility in a high traffic shopping center, located in the middle of a fast growth sector of Charlotte. Main studio seats 40+. A private party room seats an additional 18.
Competition:
There are very few competitors in the greater Charlotte market in this space and at this level of quality. Store has a strong social media presence and word-of-mouth following, and attracts customers from throughout the region.
Growth & Expansion:
In addition to drop-in and scheduled appointments, including groups and parties, this store also provides unique and customized educational and creative programs to local preschools and public school summer programs. These, and other customized workshops, could be expanded further under new leadership.
Support & Training:
Owner has developed precise business systems to allow this store to run "like a franchise". Seller will train new owner in all processes to ensure a smooth transition.
Reason for Selling:
Desiring a change in direction after 20+ years in this business.
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(from currently available funds)
 
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Adam Petricoff

Business Listed By:
Adam Petricoff

VR Mergers & Acquisitions - Charlotte

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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