Owner Financing is Available
Business for Sale Overview:
This is one of the dominant players in the fastest growing hobby segment of the market. Regionally known and well established Scrapbook business. The business has an outstanding location in the Sears shopping center - right next to Marshall's. This location has high foot traffic and visibility. Absentee owner - major health problems force immediate sale. The business provides many services and functions for devotees of scrapbooking. Die cut center with a Accu-cut, sizzix and Cricut. There is a Kodak machine for all your photo processing needs. The business has the largest workroom "crop room" in WA State available for parties, events, classes, and work area for customers. The cropping room includes a kitchenette for use by customers. Weekly classes and cropping events bring in substantial profits. There is virtually no competition in the region - only three other shops and they do not even compare and no shops in the Seattle area. The business uses the O'Brien POS system designed for Scrapbook stores. Seller has an extensive database for sending birthday cards, greetings, newsletters, and special events notices - both in email and postage. Computer network system is designed to be able to go off site to scrap booking and hobby events and sell merchandise. The business averages 164 customers per week spending an average of $21 per visit. This is a turnkey business and needs an owner operator to give it the momentum in needs to become a goldmine.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business has an outstanding location in the Sears shopping center - right next to Marshall's. This location has high foot traffic and visibility. The business occupies 3,341 square feet and has a spacious retail area, the largest classroom "crop area" in WA State, a large kitchenette, and office space. Well designed and appealing layout. The base rent is $4,037 plus NNN charges of $1,055 per month. The Lease runs till 11/30/2011 with a 5 year option.
Market Competition and Expansion:
There is virtually no competition in the region. There are 3 other similar businesses but they do not even compare and there are no businesses like this in the entire Seattle area. This business could easily become a goldmine with an aggressive owner operator who had vision and marketing skills. Scrapbooking and hobbies is one of the fastest growing segments in the retail field. This business is positioned to be a leader in the industry with an aggressive owner operator who has marketing skills. The business has a database with over 3,000 names. There is an excellent website. The current owner has done little marketing due to being absentee and having a serious health issue. There is currently no business similar to this in the Seattle region and that market could easily be accessed.
Reason for Selling:
Owner has serious health issues
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.