Creative Sewing & Hobby Center

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Great Customer Base! As little as $50k Down SBA Financing!
Asking Price:
$375,000

Gross Revenue:
$1,135,188
Cash Flow:
$190,861
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$200,000
not included in asking price

FF&E:
$27,284
included in asking price

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Business Description

Retail - Repeat Business - Recession Resistant!

Growing and loyal customer base make this retail business a unique find in the Raleigh market. Growth strategies employed in recent years are causing earnings to explode. The sewing and hobby market this business serves is a huge $3.7 billion a year business. The average participant has a household income of $93,000 and is well educated, perfect for the Raleigh, Cary, Durham, and Chapel Hill markets. SBA sponsored financing means just 20% or less down payment.

This is your future! Contact Tom Guertin for additional information on this unique opportunity tom@sunbelt-raleigh.com (919) 787-0566.

About the Business

Year Established:
2010
Number of Employees:
2 FTE, 7 PTE
Real Estate:
Leased
Building Sq. Ft.:
2,250
Rent:
$2,427.00 Per Month
Facilities:
2,250 sq. ft. leased space
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About the Sale

Reason For Selling:
Other Interests
Training/Support:
Seller will negotiate a transition period

Listing Info

ID:
1556862
Ad Detail Views:
251

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Business Listed by

Tom Guertin

Sunbelt Business Brokers--Raleigh

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Sponsoring Broker:

Mark Richie
Sunbelt Business Brokers--Raleigh
License# 167494

U.S. Census Data for Durham County, NC
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Durham County, NC
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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