Stitching Money Sew & Vac

Listing Number: 43566-345236

Description

An awesome sewing and vacuum center is available in the CSRA (Central Savanah River Area). This Christian-run business has been around for nearly 35 years! It has a tremendous following with customers spanning multiple generations (grandmothers, mothers, and daughters). Though it focuses on the high-end and high-quality product lines, it has something for almost every budget. It has everything you need to sew, quilt, serger and embroider, including machines, fabrics, notions, quilting supplies, training books, patterns, cutters and so many other tools. The same can be said for vacuums (along with all the ancillary vacuum needs – bags, parts, and the like). The key to this business is service. It services what it sales and even some brands it does not sale. For the sewing machines, it offers training for life! The customers of this business are a community. They come for training and socialization. Many customers drive 100 miles for service of their machines. The financials are outstanding for this business, consistently doing $1,200,000 in annual sales with double digit Sellers Discretionary Earnings (SDE). This business has $250,000 in inventory (sewing machines, parts, fabrics and vacuums parts and ancillary equipment). The business is only available because owner is retiring.

Listing Details

• Price: $625,000
• Down Payment: $30,000
• Sellers Discretionary Earnings: $164,318
• Total Sales: $1,226,459
• Location: Augusta, Columbia County, Georgia


• Inventory: $250,000
• FF&E: $20,000
• Employees: 6
• Year Established: 1990
• Reason for Selling: Retiring (for real this time)
• Category: Retail Miscellaneous,Equipment S & S