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Growing Sewing Retailer
Location: United States -> New Mexico
Industry: Retail > Other Retail




Business Summary

Opportunity awaits for this highly profitable retail sewing business! Located in southwestern New Mexico is this highly regarded retail shop that sells a variety of fabric, material, patterns, tools, sewing machines, equipment, books, and more. It is known for carrying exclusive brands that can't be found anywhere within in a close proximity, allowing full domination of its market area. The company also provides trade classes for the community, bringing in an additional income to the business while promoting the business at the same time. The strategic business organization has been an institute for its area and continues to grow and be in high demand. However, the owners are ready to retire and would love to pass this profitable, turn-key business on to the next entrepreneur that can take this business to the next level. Inquire today to learn more details about this business opportunity! Assets are to include approximately $250,000 in average inventory, and $77,000 in equipment, fixtures, furnishings, and other assets. Ask for the '' For Sale By Owner'' portfolio #0004.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $644,974
Cash Flow:   $49,865
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $327,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1996
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Willing to help transition for three months at a negotiable cost.
Reason For Selling:  Ready to retire




Print Listing Id: 700261149
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Also See: Franchise Opportunities > Franchise Resales > New Mexico Businesses For Sale > New Mexico Franchises For Sale > New Mexico Business Brokers



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