Modi Ceramic Studio Network (Tbilisi)

A 50% equity stake is available for purchase in Modi Ceramic, a well-established network of ceramic studios in Tbilisi.

Operating since 2020, the project consists of two prime locations in the city center. The business model combines creative workshops with a specialized retail shop for professional ceramic equipment and materials.

Key Assets & Locations:
▪️ Locations: 2 Amagleba St. (Liberty Square) and 20 Rustaveli Ave.
▪️ Area: 90 sq. m and 40 sq. m, plus dedicated warehouse space.
▪️ Total Rent: 1,850 USD.
▪️ Utilities: ~1,200 GEL.
▪️ Team: 12 employees; Payroll (base + performance-based): ~17,500 GEL.

Equipment & Inventory:
The network is fully equipped with professional machinery and tools valued at over 34,000 USD. Current material stock is valued at 27,000 USD.

Financial Performance (Last 12 Months):
▪️ Revenue: 805,000 GEL.
▪️ Net Profit: 195,000 GEL.

Historical Data (Last 3 years): Average annual revenue of 650,000 GEL with a net profit range of 170,000–175,000 GEL.

Terms of Sale:
▪️ Asking Price (50% share): 230,000 GEL (approx. 85,000 USD).
▪️ Reason for Sale: Relocation of one of the co-founders.

For a full equipment list and detailed financial statements (P&L), please contact us +995 511 137 670