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Retail Business Activity And Property In Sicily For Sale

Scicli, Ragusa
Asking Price:
€250,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€220,000
Cash Flow:
Not applicable

In a strategic commercial and tourist area on the south-eastern sicilian coast is located our business activity, which is historically a reference point in our area. Since 1970 we are in fact active in the construction sector; we started with the construction of prefabricated houses and the supply of concrete blocks and cement pipe works and sewers. Progressively we moved on to the retail sale of ceramics and bathroom furniture. Due to various problems, including the economic crisis, our business needs to be re-launched. For this reason we are open to different solutions: we offer a partnership, the detection of some quotas or the total detection of the business at the final price of 250000 euros (negotiable price). We'll provide the goodwill as well as experience and expertise in the field.

In addition, we propose also the property where the business is located. The property in question consists of an industrial warehouse and a commercial shed of 1700 square meters, currently used exactly as a warehouse and commercial area (showroom and offices); a semi-furnished house of 150 square meters on two floors, including a panoramic terrace and a garage. The excellent conditions and the vastness of the area, including also two large courtyard areas (total 1690 square meters), open to various solutions of the use of the building. As for the business activity, we are open to different options, that means total or partial rent/sale of the listed spaces. Any prices of the various parts of the estate are to be agreed, while the entire building has a price value of about 1.800.000,00 euros.

P.s.: we are also active in the tourism sector, albeit in an embryonic phase. We have got some properties (including the house mentioned above) that we are setting up for holiday apartments, with a particular eye for the foreign market. Therefore, in this sector we are instead looking for a partnership that could help us to invest. Our properties are located into the heart of the sicilian Baroque, the so-called "Luoghi di Montalbano", the famous TV series which is set in our area. Among these places we can mention Donnalucata, where our properties are located, Scicli, Punta Secca (the place of Montalbano's house), Modica (famous all over the world for its chocolate), Ragusa Ibla, Pozzallo, Ispica, Noto. Our location is ideal for those looking for a relaxing stay in this still unspoiled area of south-eastern Sicily.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Semi-furnished house of 150 square meters on two floors, including a large entrance, two bedrooms, a bathroom, a large and bright kitchen, a panoramic terrace and a garage.

Premises Details:

The business is located in a provincial road a few hundred meters from the sea, exactly halfway among the villages of Cava D'Aliga (3 km) and Donnalucata (4 km) and the city of Scicli (5 km)

Size in square feet:
3,540

Business Operation

Expansion Potential:

The business needs to be re-launched. It has got a great potential, goodwill, clientele and is located in a big and spacious building, which needs in turn investments for maintenance and renovation works. Renewing the showroom, the expertise and with good marketing strategies and diversification of the offer the market can be expanded. Finding the right channels, developing new commercial techniques (like e-commerce), the business can be expanded abroad too (not so far, the Isle of Malta is only one our away by ship).

Competition / Market:

Our business is historical and has always been one of the leading activities in our area, at first in the construction of concrete buildings (concrete blocks, cement pipe works, sewers, prefabricated houses, slabs of reinforced blocks, bricks, self-locking) and then in ceramic retailing (one of the first sales points in our province). The business actually began during the postwar period and had a family continuity. Since 1970 it is located in the current location.

Reasons for selling:

Age limits, lack of resources, other business in the pipeline

Trading hours:

Mon-Fri 9.00-13.00 a.m./16.00-19.30 p.m.
Sat 9.00-12.00 a.m.

Employees:
1
Years established:
The business, in its current corporate structure, has been active for 8 years.

Other Information

Furniture / Fixtures value:
€10,000 - included in the asking price
Inventory / Stock value:
€100,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.
Administration / receivership:
This business is in administration / receivership

Contact Information

    1. Your Address

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