MergerPlace

Wholesale/Retail Pottery Business

South Dakota


  • Asking Price: $470,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $35,000
  • FF&E: $50,000
  • Listing ID: #210741
  • Established: 1958
  • Employees: 7 FT

Business Description

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.


Business Details

Primary Business Category: Retail Trade - Furniture & Home Furnishings
Location: South Dakota

Company Information

Year Established: 1958
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 7 FT

Financial Information

Asking Price: $470,000
FF&E: $50,000
Inventory: $35,000
Seller Financing Available: No

Property Information

Facilities:

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.

Growth & expansion opportunities:

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.

Competition:

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.

Reason for selling:

After 26 years, owner is looking to retire.

Support & Training:

Will train for 3 weeks @ $0 cost. Outside of the typical state and federal required business licenses, no special licenses are required.

Contact Business Seller

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Business Listed By:

Rey Gonzales

Murphy Business Brokers