Training, Quilting And Sewing Shop-473403

Business Overview:

This amazing quilting hobby business was started during the pandemic in 2020 and the Seller has enjoyed building the company. Unfortunately, due to family issues the Seller needs to move from the area. They offer hobbyist high tech quilt sewing machines, a fabulous selection of fabrics and supplies, beginner and advanced quilt making classes and an array of support services. The store is beautifully decorated with colorful displays and an ergonomic layout designed to accommodate mobility challenged customers. The store is in a busy shopping center and has been developed with future franchising in mind. It is staffed with five part time, W2, employees who cheerfully offer assistance to first time and repeat customers. The store is fully stocked with approximately $200,000 in inventory offering the latest fabrics, quilting materials, accessories, and multiple models of sewing machines ranging in price from $800 to $30,000, with financing terms available. INVENTORY NOT INCLUDED IN SALE PRICE. After only 3 years in business, the store is profitable with over $800,000 in yearly sales, and SDE of $149,000 and the projected sales for 2023 is $1,100,000+.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Monthly Rent: $5,000.00

Square Units (Foot, Meter): 4,000

Lease Expiration Date: May 30, 2023, 9:00:00 PM

Facilities: Showroom, Classroom, Office, Bathrooms, Storage

Market Competition and Expansion:

Growth: This business was built with future franchising in mind. It is beautifully displayed and ergonomically floor planned. Each process in the store has been systemized for easy training and management. The Seller expects this store to produce $1,500,000 to $2,500,000 in revenue by 2024.

Competition: There are other smaller, less complete quilting hobby stores in the region, but none stocked and merchandised as well. The sewing machine manufactures love this business and offer free training for employees and loaner demo equipment.

Reason for Selling:

Owner Relocating.

Additional Details:

Relevant Links:

• View more Virginia businesses for sale
• View more Businesses For Sale in the same industry
• Sell a business online
• Find a business broker