E-Commerce Lace Fabric Retailer with Real Estate For Sale

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Asking Price:
$152,300

Gross Revenue:
$192,000
Cash Flow:
$55,423
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000,000
not included in asking price

FF&E:
$17,500
included in asking price

Real Estate:
$199,000
not included in asking price

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Business Description

Perfect Business to go into with your sister, mother, daughter or best friend! Established in 1985. This 33-year-old business, originally operated as retail and in the catalog business but morphed into an online-only retailer for quality craft and sewing supplies. Customer list exceeding 20k contacts!

Business Offered at: $152,300
Real Estate Offered at: $199,000
Total Asking Price: $351,300

Owner has bulk purchased lace trim, fabric, buttons, bows, appliques throughout the course of many years and has accumulated such an extensive inventory it will blow your mind!

The inventory is not included in the purchase price, but Seller will enter into a exclusive consignment agreement with buyer mitigating carrying cost and inventory obsolescence risks to buyer.

About the Business

Location:
Mobile County, Alabama
Number of Employees:
0
Real Estate:
Owned
Building Sq. Ft.:
3,900
Growth & Expansion:
Someone familiar with with E-Commerce Sales Skills Could Really Take this Company Brand and Platform to a New Level.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
12 weeks

Listing Info

ID:
1574155
Ad Detail Views:
0

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Business Listed by

Bill Kleinschrodt, CPA, CVA, CFC

Transworld Business Advisors of Mobile

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Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.