DENVER, Colorado
| Asking Price |
$521,000 |
Year Established |
2006 |
|
| Annual Revenue |
$865,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Ed Sadler |
|
| Annual Cash Flow |
$80,155 |
Listing Number |
1019733 |
|
| # of Employees |
|
Business Category |
Recreation: Entertainment |
|
Business Overview:
This yarn shop, located in a popular Denver, Colorado neighborhood was established in 2006 by the current owner. It serves the niche market of knitting, crocheting, and embroidery enthusiasts by providing a comprehensive range of high-quality crafting products and engaging educational services. Products include yarn, floss, needles, crochet hooks, kits, accessories, buttons, and instructional books, catering to both beginner and advanced crafters. These offerings ensure convenience, choice, and quality for its customers.
Educational services include classes for all skill levels, private lessons, and walk-in assistance, enabling customers to enhance their skills in a supportive and community-oriented environment. The Company also engages with local schools and organizes crafting events, fostering creativity, skill-building, and social interaction.
Revenue has trended very positively since 2022 when it was $486,000; it has grown 76% to $855,000. Seller's Discretionary Earnings (SDE) have tracked similarly over that period with 2025 SDE at 80,000; 2026 is expected to produce another good year. Inventory of $304,175 will be acquired by the buyer in addition to / on top of the asking price of $243,000.
This is a well-maintained retail business and it is designed to support both its retail and educational activities. The space showcases their wide range of merchandise while offering dedicated areas for classes, private lessons, and events. It is actively managed by the owner who is supported by 10-15 full-time and part-time staff. A buyer will benefit from the Company's established customer base, diversified offerings, and well-maintained facility.
The total asking price, including inventory is $521,000. Fixed assets totaling $116,134 are included in the sale.
Property Features and Assets:
It is in a retail block built in the 1920’s and is about 1,900 square feet of retail store space and another 1,900 square feet of storage space in the basement.
It is a well-maintained facility designed to support both its retail and educational activities. The space accommodates the display and sale of a wide range of crafting products, including yarn, accessories, and supplies for knitting, crocheting, and embroidery.
Dedicated areas are allocated for classes, private lessons, and walk-in assistance, fostering a welcoming and interactive environment for customers. The facility serves both as a retail hub and a community space, enhancing customer engagement and supporting multiple revenue streams.
Market Competition and Expansion:
Small independent shops such as this can and do thrive by focusing on, serving, and participating in the local market.
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