35 Year old Niche Retail Business

Not Disclosed, NJ
Burlington County

Asking Price: Annual Revenue:
$1,100,000 $1,172,367

Retail: General Merchandise - Retail

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RE: 35 Year old Niche Retail Business Broker: Elliot Dweck
Owner Financing is Available!
Owner Terms: $800,000.00; Interest: 5% Term Months: 180; Monthly Payment: $6,326.00.

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $1,172,367
Net Profit: Not Disclosed
Cash Flow: $249,441
Total Debt: Not Disclosed
FF&E: $51,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 4
BBN Listing #: 727264169
Broker Reference #: 90922-764308

Email or Print Listing

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Business Overview:

Incredible opportunity to own a 35 year old business that is a landmark in the sewing/craft industry. The business has a database of over 100,000 customers with 10,000 participating in their loyalty program! The company has won several awards over the years for outstanding customer service. Owner is looking to retire and wants to see his legacy continue which is why he is willing to finance over 70% of the purchase price for 15 years! This is a niche business that specializes in selling and repairing Sewing Machines and all related materials and accessories, as well as on site class instruction. They sell and service all the top brands including Brother, Singer, Viking and Baby Lock. They also do 10% of their sales in portable vacuum cleaners selling and servicing Eureka, Electrolux, Hoover, Bissell, Dyson and many other brands. Revenues are consistently over $1.1 million annually. Price includes over 800k of inventory and a fully functioning POS system which has all the historical data. The business was relocated to its current site 2 years ago and the owner spent over 900k on the buildout! This is a must-see operation at these terms it will not last!

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Reason for Selling:


Additional Details:

  • The property is leased.
  • 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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