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Business for Sale Summary

Potpourri Business Asset Sale in Pennsylvania - 35742

Business Type: assets only sale,home-based business,misc. retail/non-classifiable,non-classifiable establishments,gift and specialty retail
Potpourri Business Asset Sale in Pennsylvania
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Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $125,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$125,000 Down and N/A

Business Description

Take advantage of this incredible opportunity to acquire a turnkey potpourri business with assets and inventory valued at over $130,000. This well-established company has been successfully operating for over 25 years, specializing in craft and trade shows in the Northeast. With a solid track record of profitability, the business generated gross revenues of over $50,000 and net profits of $30,000 in the past year, even while being managed on a part-time basis. The business offers immense growth potential, with plenty of shows available in the Midwest and East Coast. Included in the sale are key suppliers, pre-booked shows, banners, mixing tubs, compressor, and a 5' x 10' enclosed trailer. Additionally, the package contains four complete booth setups, enabling simultaneous operations in multiple locations. Producing the potpourri costs approximately $1.50-$2.00 per bag, which are then sold for $8, resulting in a substantial profit margin. Similarly, the cost of oils amounts to roughly $1.50 per bottle, while they are sold for $9 each. With these favorable figures, a motivated new owner has the potential to earn a net income of over $100,000 after accounting for all expenses. To ensure a smooth transition, the seller is committed to providing comprehensive training (40 hrs) on product manufacturing, show setup, and booking shows for the first year. Furthermore, the new owner should allocate approximately 600-800 square feet of warehouse space for operations. As an added benefit, the seller will handle the relocation and setup of all equipment and supplies as part of the deal. The current owner is selling due to health issues. To seize this exceptional opportunity, contact broker Brian Bernstein at 929-969-0007 today. Gain access to a detailed information package and embark on your journey as the proud owner of a thriving potpourri business.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.