A custom billiard table business, Custom Billiards, is for sale. Custom Billiards manufacturers, restores, and maintains billiards tables (also known as pool tables) and other custom-wood products. The owner is looking to retire and is asking for $100,000. The price includes extensive training and taking over the brand name – tools and inventory will be extra. The business has been operating since 1982. It operates in a niche market and provides its products and services to wealthy individuals and businesses. There are few competitors and potential to grow the business. Furthermore, the North American market for billiard tables appears to be making a resurgence.
While no formal experience is necessary, the ideal buyer should have upholstery and carpentry expertise along with experience with woodworking machines such as jointers, planers, and sanders. The owner will stay on for at least one year to help train the new buyer on how to run the business and on his techniques for creating beautiful custom billiards tables.
Custom Billiards is based out of Vienna, Ontario, but can be relocated. The owner works alone and has been semi-retired over the last 25 years. At its peak, the business generated over $500,000 in revenue (not adjusted for inflation). With minimal investment in sales and marketing, Custom Billiards generates roughly 20% of that figure in annual revenue. There is potential for the new buyer to immediately grow revenue by investing in sales and marketing. There is also the potential to hire more employees and expand the service portion of the business, which includes restoring, maintaining, storing, and moving tables. This service work is relatively easy to learn and while there is more competition, there is also a lot of customer demand.
Business Type: Wood Product Manufacturing
Location: Vienna, Ontario
Asking Price: $100,000 (inventory not included)
Ideal Investor Fit: Experience with woodworking and machines
Looking to Sell: Immediately, but the owner is willing to wait for the right buyer.
Reason for Selling: Retirement
Listed By: Owner