Successful Factory-Authorized Quilting Distributor
Not Disclosed, MT Not Disclosed
Western Montana
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- RE: Successful Factory-Authorized Quilting Distributor
- Contact: John Maslanik
Quick Facts
| Asking Price: | $410,000 | |
| Annual Revenue: | $536,592 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $111,708 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $44,060 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 6 | |
| BBN Listing #: | 6994955 | |
| Broker Reference #: | 7602-17968 |
Business Overview:
This business is a growing, full-service, factory-authorized retailer/distributor of Brother and Janome sewing machines and an exclusive distributor of Innova Longarm Quilters. Besides offering support for these machines, the business offers comprehensive training classes for quilters to realize the full creative potential of modern technology. It also sells top-quality, wide-back fabrics, numerous sewing and longarming machine parts and accessories as well as provides quilting and finishing services to select customers.
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Property Features and Assets:
The business operates from a modern 4,000 square feet stand-alone facility near a main commercial street and shopping district of one of Montana's fastest-growing cities. The building is divided into a display and sales showroom, storage area, classroom, and office space. It has ample off-street parking for training class attendees. Assets = $314,060
Market Competition and Expansion:
Competition is light in the trade region the company occupies, mainly because of the high level of service the company offers and its support as an exclusive representative and distributor for some of its products. A new owner could create a modern marketing effort to capitalize on and expand the brand name on the internet. Partnering with local interior designers and artistic venues might expand potential sales into new niche markets and increase the visibility of a traditional craft that has changed with modern technology and fabrics. Popular events such as Renaissance Festivals are creating a growing demand for quilting and fabric design.
Reason for Selling:
The owner would like to retire.
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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