Profitable with lots of potential to grow
About this business for saleProfitable with lots of potential to grow
This is a unique business presents the opportunity to either work from home or combine the business with another small business.
The business has developed as a sideline project from an existing, long-established business in the materials testing related industry when the owners realized the opportunity for quality products required by the pottery industry.
In the process, they have established themselves as a small but reputable supplier of clays, providing a wide range of colours. Other related products include glazes, pottery tools and equipment including their own made ovens which is very popular for cooking oriental food.
The reason for selling is that the owner wants to focus on their core business activity rather being involved on a part-time basis with their limited time resources.
Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation) based on historical trading amounts to R23,000 pm resulting in a ROI of 45% and pay back period of 27 months..
The profit is stated before any rent (the owners do not allocate rent) however, all other reasonable expenses have been provided in the financials.
The price of R540,000 excludes stock to the value of +/- R80,000 and VAT (if applicable). Included in the business is all assets and equipment to operate this business.
Deliveries to customers located nearby are being undertaken by the businesses own transport (bakkie not part of the sale) while distant deliveries are undertaken by courier services. The new owner can elect to carry on in the same manner or alternatively, outsource all deliveries to a courier.
It is an easy business to own and operate and at most, one general assistant is required. Ample opportunities exist to grow the business with more focussed marketing. The brand is well established in the market place.