Awe-Inspiring Manufacturer of Superior Handmade Pottery in Gloucestershire

Coleford, Gloucestershire
REF: S07007

Asking Price:
£250,000
Annual Turnover:
£20,865
Annual Net Profit:
£15,182
REF: S07007
Photo of Awe-Inspiring Manufacturer of Superior Handmade Pottery in Gloucestershire
Photo of Awe-Inspiring Manufacturer of Superior Handmade Pottery in Gloucestershire
Photo of Awe-Inspiring Manufacturer of Superior Handmade Pottery in Gloucestershire
Photo of Awe-Inspiring Manufacturer of Superior Handmade Pottery in Gloucestershire

Overview

Tenure:
Leasehold
Established:
1989
  • Excellent Reputation
  • Well Equipped Business
  • Accommodation Included

This is a rare opportunity to purchase a lucrative pottery retailer, specialising in handmade and hand painted pots with a personalised edge. Since 1991, the business has pioneered the path for pottery, beginning in the market town of Coleford in Gloucestershire before advancing nationwide via ecommerce and corporate clients. Business sales have soared thanks to the retailers growing reputation and productivity.

While the team operate from a high-end studio, the pots retail at a reasonable price. The extensive range of ceramic products are finished in an array of underglaze colours, oxides and precious on-glaze lustres. The shop also advertises fun, wholesome family craft sessions. The premises is also fully licensed to sell alcohol, encouraging the older audience to embrace their inner artist in a fun and social environment in groups of up to 20. There are three methods of production: hand-throwing, jolly jiggering and slip casting. Most of the transactions derive from their excellent e-commerce website, while additional trade comes from individual shoppers, corporate orders and plenty of reorders.

The business is for sale on leasehold with the preferred option to buy the freehold.

As customers approach the shop, they face a brightly painted terraced building with a traditional style slate roof. Behind the showroom is a space for craft sessions, where tables and chairs are laid out. The pottery is made in a separate building to the rear, 3000 sq ft, with all equipment contained therein. Adjoining the studio is the drying room, painting room and storage rooms for the moulds and masters. The studio is first-class, with plenty of natural lighting. There is also planning permission for the construction of a new building on their site.

The sale includes most of the equipment, and all stock and design copyrights; a full itinerary and accommodation details are available. The e-commerce site and social media platforms are also included.

The vendor will train the prospective buyers in all aspects of the various techniques in production and technical know-how, for 6-months. After that a complimentary consultancy service for a further 3-months will still be available.

The ideal buyer would be a business-minded, ceramic designer eager to continue their passion and take this lucrative business to the next level. Likewise, the business would also suit an owner-operator couple, which would save on staff costs. Alternatively, a large manufacturer, looking to buy the copyright could also be an interested party.

Over the last few years, the vendor has run the level of business down to a level that allows him to run the business single handed. The potential for future growth could be achieved reasonably quickly by attending a few large trade fairs, such as London Birmingham NEC and Frankfurt and similar. These trade fairs would normally achieve orders in the region of 20 / 30 £k per show. All that is required to increase sales and ultimately profit is energy and enthusiasm for the unique products. Trade orders are the best as they generate re-orders throughout the year.

There is also a vast scope for the new owner to extend the present working area.

Features

Online Presence

Website: reckless-designs.co.uk

Location

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  • High Street Location
  • Close to Local Businesses
  • High Footfall
  • Nearby Car Parking

Property

Annual Rent
£6,673
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
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Number of Employees
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Current Ownership
XXXX

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