Creative Fiber Arts Business - $50k Down with S...

Sioux Falls, SD
Minnehaha County

Asking Price: Annual Revenue:
$299,000 $430,000

Miscellaneous: Non-classifiable

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RE: Creative Fiber Arts Business - $50k Down with S... Broker: Sunbelt Business
Owner Financing is Available!

Quick Facts

Asking Price: $299,000
Annual Revenue: $430,000
Net Profit: Not Disclosed
Cash Flow: $87,500
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 5
BBN Listing #: 444664254
Broker Reference #: MINNEMN001-50328

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Business Overview:

Well-established, independently owned, quilting retail shop in Sioux Falls, South Dakota. Perfect for entrepreneur who enjoys the creation, education and preservation of fiber arts traditions. - Well-trained management and staff in place - Steady and loyal customer following - Includes $150,000 in inventory - Sought after, quality fabric not found at big-box retailers - Great location - A stable business with wide demographic and thrives in recessionary times - Seller retiring A new owner would provide oversight of the business but wouldn?t need to be in the store on a daily basis. Turnkey, including inventory and equipment. Great growth opportunities by increasing online sales and year-round classes. Continual demand and a strong reputation have led the shop to continually profit, even through COVID.

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Reason for Selling:


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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