Seller's Contact Information
- RE: Delightful Quilting & Sewing Retailer
- Contact: Timothy Dalton
- License #: 206069
Quick Facts
Asking Price: | $355,000 | |
Annual Revenue: | $497,300 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $38,800 | |
Total Debt: | Not Disclosed | |
FF&E: | $37,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 3 | |
BBN Listing #: | 447348041 | |
Broker Reference #: | IBB1945 |
Business Overview:
This full-service quilting supply store carries anything and everything you could possibly need for quilting and sewing. Well stocked with patterns, sewing and quilting notions, machine embroidery supplies, as well as a wide selection of industry leading fabric lines for customers to choose from. This shop has a generous classroom space, equipped with custom built work stations and they offer a variety of classes for quilting, sewing, and embroidery for all skill levels. Marketing has been almost exclusively word of mouth since the shop opened and sales have successfully increased each year and are on track to achieve 25% growth over last year. Providing a welcoming environment and superior customer service has attributed to their loyal customer base that spans a 50-mile radius from the shop. This business has very little competition in the area and has the largest selection of supplies. This owner has built a dream quilting shop that’s ready for a new owner to step in.
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Market Competition and Expansion:
This business has very little competition in the area.
Reason for Selling:
Owner is retiring.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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