Listing Number: 60358-454543
Description
Consistent earner! This quilt and sewing machine shop does steady repeat business and has a large following. Retail value of inventory (1,128,524.06) exceeds asking price! This successful business stands as a testament to the timeless art of quilting, offering an extensive selection of high-quality fabrics, professional embroidery machines and threads, sewing machines, and quilting supplies. With a loyal customer base and a reputation for excellence, the shop has become a community hub for both novice and experienced quilters. Expert staff provide invaluable advice and workshops, ensuring customers not only find what they need but also learn and grow in their craft. The expert repairman services all kinds of machines and draws business from the tri-state area. The shop's robust online presence complements its physical storefront, providing a comprehensive experience for customers near and far. A potential buyer would be stepping into a well-established business with a strong foundation, poised for continued growth and success in the thriving world of quilting, embroidery and sewing. Not familiar with this industry? No problem, owner's husband ran the shop while she finished her previous career. Knowledgeable, reliable teachers and employees will stay on to make it an easy transition. If you are interested in a consistent earner, this turn key business is perfect for you!
Listing Details
- Price: $1,115,000
- Down Payment: --
- Sellers Discretionary Earnings: $225,966
- Total Sales: $906,723
- Location: Tennessee
- Inventory: $498,000
- FF&E: $40,000
- Employees: 6
- Year Established: 2010
- Reason for Selling: Retirement
- Category: Retail Miscellaneous,Equipment S & S