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Business For Sale
FAMILY CRAFT/HOBBY-RETAIL STORE-SUPPLIES-CLASSES
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Asking Price: |
$149,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Non-classifiable
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Reason for Selling:
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Retirement |
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Year Established:
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1999 |
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# of Employees:
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2 full time, 8 part time |
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Yearly Revenues:
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$520,564 |
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Yearly Cash Flow:
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$81,685 |
Business for Sale Overview:
Fun and profitable craft/hobby business. This niche is the fastest growing crafts category in the USA with sales exceeding $2.62 billion in 2006! The store is attractive, conveniently located in Central Tucson, and filled with all the products needed for either a beginner or an experience person with an existing passion. Revenues have been growing steadily If you enjoy making pretty things that are savored and want to have a good living at the same time, this is the business for you!
Property Features and Assets:
3,900 square feet leased space on busy street. Good visibility. Central location for easy access. Rent is $5,290 per month which includes CAMS. Ample parking. Point Of Sale system. Numerous displays and full of inventory.
Market Competition and Expansion:
The market segment for this niche of the crafts/hobbies market is growing. Competitive stores service a different market segment and are not located nearby.
Tucson is a growing city and so is the interest in this particular product. Additional mailing, special events, and internet related services could increase revenues.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be 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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