Sell a Business!
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Massachusetts Business For Sale |
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| DESTINATION YARN, KNITTING & STITCHING BOUTIQUE |
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| Attn: Mariola Andoni |
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| North Shore, MA, USA |
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| Asking Price: |
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$135,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Non-classifiable |
| Reason for Selling: |
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Retirement |
| Year Established: |
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2006 |
| # of Employees: |
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3 Full/3 Part |
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Business for Sale Overview:
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Destination Yarn, Knitting & Stitching Boutique. The current owner has spent over $200,000 to build out, stock and establish a fun, comfortable, educational, yet high end retail boutique which specializes in fine yarns and offers a variety of specialized workshops and events for the stitching aficionado.
The boutique is located off a main street in the shopping district of an affluent tourist town among other high end retailers. Sales have been growing at 200% each year. Store generates $5-6k /wk and recent monthly sales exceeded $25k.
The current retail operations already has generated in excess of $25,000 a month, without the Online Store which was launched recently. The store is fully staffed and the owner only spends a total of 25-30 hours a week in the store and on the operations. A full time working owner can expect to earn over $80,000 in 2008. A knitting owner can generate a 6 figure income while owning one of the best knitting boutiques in MA.
Ideal acquisition for an owner operator or another synergistic business. The current owner needs to spend time with family and is ready to retire. The asking price of $135,000 includes inventory of $100,000 and all furniture, fixtures, equipment, online e-commerce platform, and a database of 2,000+ customers.
Purchase this unique boutique for the price of assets and inventory and start living your dream of owning a knitting and yarn boutique.
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Property Features and Assets:
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2,200 sq. ft. building |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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