Price: $79,000
Location: Wake County, NC
Industry: Retail
Listing ID: 16957132-NI
Listing Status: New
This is the ultimate destination for quilting, embroidery and sewing enthusiasts. As a fully staffed, multi-faceted company, they have cultivated a loyal clientele within their retail store and across their thriving online community. This establishment presents a golden opportunity for entrepreneurs to ride the wave of quilting and embroidery's remarkable resurgence in recent years. They offer hobbyist high tech quilt sewing machines, a remarkable selection of fabrics and supplies, beginning and advanced quilt making classes and an array of support services. This store is beautifully decorated with colorful displays with something for everyone.
By owning this quilting shop, you can showcase your own creations and inspire others to explore their creativity. You'll have the freedom to curate a collection of fabrics, patterns, and tools that reflect your personal style and artistic vision.
This shop is a community hub for quilting enthusiasts. People come together to learn, share ideas, and find inspiration. You can grow and foster this sense of community, organize more workshops, classes, and events, and create more space and opportunities where like-minded individuals can connect.
Price does not include inventory. Approximate value is $123,000.
Down Payment: N/A
Total Sales: $638,000
Cash Flow: $25,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $31,000
FFE Included: Yes
Inventory: $123,000
Inventory Included: No
Year Established: 2011
Year of last Acquisition: 2019
Non-Owner Payroll: N/A
Employees: 5
Absentee Owner: No
Real Estate: N/A
Monthly Rent: $2,933
Type of Location: Industrial Park
Square Footage: 1900
Relocatable: Yes
Facilities Information: Industrial Warehouse Park subdivision.
Reason For Sale: Owner has other business interests
Training & Support: 4 weeks of training by owner after sale
Competition: One other local business within 5-10 miles
Potential Growth: Add more classes online and in person. Grow online business
Financing/Terms: Owner would consider seller financing on inventory to qualified individuals.
