Highly Successful Quilting Hobby Store

Not Disclosed, TX


Asking Price: Annual Revenue:
$599,000 $338,039

Retail: Non-classifiable


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RE: Highly Successful Quilting Hobby Store Broker: Linda Broom

Quick Facts

Asking Price: $599,000
Annual Revenue: $338,039
Net Profit: $194,036
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 1
BBN Listing #: 489952115
Broker Reference #: 69071-989505

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Business Overview:

The business caters to Long Arm Quilters. The store only starts with Finishing quilts. Machines and supplies to finish quilts only. Other stores build quilts therefore their classes are on building quilts not finishing them. We sell Machines and supplies to finish quilts. All fabrics are 108” or more wide to use for quilt backs of all sizes. A high quality minky in 60” and 90” to be used for quilt backs. Thread for longarm machines. Rulers to be used on the longarm machine (1/4” thick). Lots of classes to help quilters become more proficient thread, needle, tension, designs used in quilting etc. Books for longarm quilting, etc.

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Property Features and Assets:

After traveling 7 years for Handi Quilter in a Sales and Education position the owner decided to open a store that was unique and not just a quilt shop. The business caters to the Longarm Quilter. The store only starts with Finishing quilts. over the years our machine sales have grown along with our inventory of supplies and the classes we offer. It is a fun, safe and educational place to come to learn to finish your quilts or come and finish the ones you are making.

Market Competition and Expansion:

We only start with finishing and we have education. Other stores build quilts therefore their classes are on building quilts not finishing them. It could be expanded to modern quilters also. Potential Growth: Three is potential for growth, by selling more machines, brining on other trainers to teach more classes and more social media to build the brand.

Reason for Selling:

Retiring

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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