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Business For Sale
QUILT/FABRIC SHOP WELL ESTABLISHED
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Asking Price: |
$29,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Clothing & Accessories
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Reason for Selling:
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Demands of another full time job and family. |
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Yearly Cash Flow:
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$27,125 |
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Yearly Gross Income:
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$160,000 |
Business for Sale Overview:
Well established, fully stocked retail quilt shop, offering services, and products, including but not limited to: fabrics, notions, and classes. Strong start to this business, a business that did not exist prior to 2006, had sales of $134,000 in first full year. 2008 results, year-to-date tracking similar to 2007. Notions, latest fabric lines, classes. Strong block of the month programs with over 55 people participating in one program, and they are already looking for the next year s project to start. A few Open Sews on the schedule which brings in many participants. Inventory: $70,000-$80,000 (not included in price).
Property Features and Assets:
Approximately 1,200 square feet $1,400 per month.
Market Competition and Expansion:
The mailing list has over 800 names, and many email addresses on file. There is the potential for putting a newsletter on-line, and emailing class information rather than using conventional mail. There is a potential to develop the site and sell via the internet.
Additional Details:
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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