Central New Hampshire Quilting, Sewing Machine,...

Lebanon, NH
Grafton County

Asking Price: Annual Revenue:
$125,000 $456,614

Miscellaneous: Non-classifiable

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RE: Central New Hampshire Quilting, Sewing Machine,... Broker: Jay Polimeno
Owner Financing is Available!

Quick Facts

Asking Price: $125,000
Annual Revenue: $456,614
Net Profit: Not Disclosed
Cash Flow: $49,728
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1983
Employees: 3
BBN Listing #: 760164225
Broker Reference #: NEWHAMP001-51697

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Business Overview:

Located in central New Hampshire, this business was started in 1983 and purchased by the current owners in 2013. Upon purchasing the business while keeping it housed in the same building, the husband-and-wife ownership/management team doubled the rental space from 1500 to 3000 square feet. At that time, they also expanded their business to include sewing machine and vacuum cleaner sales and service. They purchased the current location and moved the shop to the 3500 square feet that they now occupy, which includes a large classroom for quilting and sewing classes. At the time of the move, they once again expanded their business to include quilting machine sales and service. In 2020, they developed a web store for online sales. The market mix for the business is 60% Fabrics, Notions, Accessories, Classes; 36% Sewing Machines, Vacuum Cleaners, accessories, and parts; and 4% Service and Repairs. The business is buoyed by its loyal, local customer base, which comes from within a 2-hour drive time radius. Many customers are also second homeowners and visitors to the area.

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Reason for Selling:

The owners are looking to retire and spend more time pursuing non-work-related interests.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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