Business For Sale

Creative Sewing & Hobby Center

Raleigh/Durham, NC
Wake County

Asking Price: Annual Revenue:
$350,000 $1,133,363

Miscellaneous: Non-classifiable

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RE: Creative Sewing & Hobby Center Broker: Tom Guertin

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,133,363
Net Profit: Not Disclosed
Cash Flow: $287,225
Total Debt: Not Disclosed
FF&E: $272,848
Real Estate: Not Disclosed
Year Established: 2010
Employees: 9
BBN Listing #: 693438782
Broker Reference #: RALEINC001-N708

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Business Overview:

This is a well established retail business with a loyal customer base, and a recurring revenue stream that supplies materials needed for Do-It-Yourself Creative Sewing and Hobby Projects in the Raleigh-Durham Area. The Annual Receipts of $1,133,363 and the Annual Cash Flow/Seller Discretionary Earnings is $287,225 numbers "recorded" are the annualized and projected numbers for 2018 stated on the 3rd quarter, 2018 Year to Date P&L statement. The 4th quarter is usually the strongest quarter for this type of business. Contact Tom Guertin for additional information on this unique opportunity ( (919) 787-0566.

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Reason for Selling:

Other Interest - owner has met goals with this business.

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.

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