Quilting Business-½ Price-$150k Net-Seller Finance

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Asking Price:
$95,000

Gross Revenue:
$733,000
Cash Flow:
$152,000
EBITDA:
$152,000
Inventory:
$400,000
not included in asking price

FF&E:
$50,000
included in asking price

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Business Description

Great opportunity to acquire a very profitable retail quilting store with the largest selection of fabric from Salt Lake City, Utah to Denver, Colorado. Specializing in service, education, classes, events and a meeting place for quilting and embroidery arts. The only Brothers dealer on the Western Slope of Colorado. Known for their color wall that provides the staple color along with numerous collections of traditional to modern fabric selection. The business can be run mostly with the current staff in place, and the seller is willing to stay on part-time. Seller will provide excellent financing to a qualified buyer.

About the Business

Location:
Grand Junction, Colorado
Year Established:
2014
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
5,000
Rent:
$4,000.00 Per Month
Facilities:
5,000 Sq Ft built with great use of space, ample storage, large classroom with kitchen and bathrooms. Lots onsite parking.
Market Outlook/
Competition:
Very little competition. Large client base coming from 100 miles away. Quilting is a pastime of many in the area. Word of mouth marketing some radio and tv marketing along with a website.
Growth & Expansion:
Growth has been easy. Huge opportunity to expand with events, new technique training, and classes.
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About the Sale

Reason For Selling:
Seller wants to retire and focus on family matters.
Training/Support:
4-6 months with owner and staff, or more if needed. Owner might stay on part-time.

Listing Info

ID:
1595948
Ad Detail Views:
0

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Business Listed by

Eric Payne

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License# 100079601

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