Established Profitable Niche Pottery Studio Business Opportunity
Established Profitable Niche Pottery Studio Business Opportunity
Price: $310,000
Location: SW Ontario
Industry: Arts, Entertainment, and Recreation
Listing ID: 20231210
Listing Status: New
This is an excellent opportunity for first-time business buyers to invest in a profitable pottery studio niche business. Take action today and learn more.
Total Sales: $306,742
Cash Flow: $94,790
FFE Included: Yes
Reason For Sale:
The owner decided to pursue a new life-changing direction.
Training & Support:
Available
Year Established: 2017
Owner Hours Per Week: Monday-CLOSED Tuesday-Friday 10:00 a.m. - 8:00 p.m. Saturday- Sunday 10:00 a.m. - 8:00 p.m.
Employees: During the busy season of the year, there are six part-time staff members, while four part-time employees can manage the workflow during the slow season. The part-time staff members hourly wages range from $16.50 to $20.00.
Monthly Rent: $2,864
Type of Location: The location has on-street parking access, making it convenient for visitors to explore the area. The approximately 1,100 sq ft pottery studio is particularly inviting, with its well-lit front adorned with bright windows and display shelves brimming with creative ideas. The studio ensures easy access to paints and various art supplies, fostering an environment that encourages exploration and expression of one's creative side. The downstairs party room (in addition to the leased space) provides privacy for special events. The studio is complemented by multiple storage rooms. Tucked at the back, a washroom adds to the convenience of the space. The organized and bustling atmosphere exudes warmth, inviting patrons to discover endless possibilities as they embark on a journey to explore and express their artistic inclinations.
Square Footage: 1100
Facilities Information:
The premises shall be used and occupied only for a Retail storefront. The current monthly rent of $2,863.83 includes CAM and HST.
The tenant is responsible for all utilities and tenant insurance. The current lease expires on May 31st, 2024, with renewal and extension for a further period of 1 or 2 years available upon terms to be negotiated with the landlord.
Historical Summary:
The business was founded in 2009, and over the last 14 years, it has become a beloved destination for clay art enthusiasts, offering a unique and enriching experience. It all began with the establishment of the first studio in Guelph, after which the business expanded to other areas..
A new location was proudly added in 2017, which took on a new life under the management of the current owner in 2019. This acquisition was a turning point, injecting fresh energy into an establishment that had already stood the test of time.
Potential Growth:
The business has great growth potential.
For more information on this listing, please complete our Non-Disclosure Agreement