Business For Sale

Virginia - Textile Craft -Hobby - Business for ...

Confidential, VA


Asking Price: Annual Revenue:
$339,000 $378,325

Manufacturing: Clothing, Jewelry


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RE: Virginia - Textile Craft -Hobby - Business for ... Broker: Todd Burris

Quick Facts

Asking Price: $339,000
Annual Revenue: $378,325
Net Profit: Not Disclosed
Cash Flow: $92,544
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: Not Disclosed
BBN Listing #: 641751879
Broker Reference #: ROANOVA001-N246

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Business Overview:

A golden opportunity for a forward-thinking entrepreneur. If you’re looking for a profitable company that serves a fun and interesting textile/hobby market, this is for you! Take a look at what this novel industry is all about: (https://goo.gl/3C4bsz) Strauch Fiber Equipment Co. services the Fiber-Arts Industry. They manufacture both manual and motorized drum carders, Swift/skeinwinders, jumbo ball winders, and many accessories for crafters who work with wool and other natural fibers. They also serve the “cottage industry” market of smaller farms that wish to process their fiber for resale. This business has been in operation for almost two decades and has a well-known brand. Being a nimble, well-run company, they are a leader in their industry. It has been said by their customers (and some of their competitors!) that they are the Apple of the fiber processing equipment world. The entire fiber industry is relatively small, but SFE has a major presence. Their Mission Statement has been the driving force behind their business plan. They strive to be a leader in producing the highest quality, best dollar value products for their customers. Visit their website: (www.strauchfiber.com) to learn more about this fabulous company. The business is perfect for someone who is a production minded, hands-on owner/manager, or someone who retired early from the corporate world and is seeking a challenging opportunity. This business is perfectly positioned for both vertical and horizontal expansion, with significant growth potential and a well-established retailer network. SFE is ideally suited for someone who wants to take an active role in running this company. The perfect fit would be an individual who knows how to run a small manufacturing company and has the drive to take the company to its next level of success. For more information on this business or any other business that you may be interested in, please contact Sunbelt Business Brokers of Roanoke and Lynchburg - United Country/Roanoke Realty & Auction located in Roanoke, VA. Contact information: 540-392-2155 or tburris@sunbeltnetwork.com. Our proven track record of uniting buyers with their ideal country properties and offering sellers exposure to a huge and highly qualified pool of buyers of homes, farms, wineries, land, recreational property or other rural property sets us apart from the competition View our website at http://http://www.sunbeltnetwork.com/roanoke-va/. You can also like our Facebook page and receive periodic business listing updates. Our Facebook page is Sunbelt Business Brokers of Roanoke and Lynchburg - https://www.facebook.com/sunbeltbusinessbrokersroanoke/

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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