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




Business Summary

Looking for something to tie it all together? Then this successful, well reputable business is just for you! The current owners established this operation in 1996 when they realized that there was not another shop like it in the area. This thriving shop has a protected, exclusive territory for a few different popular top name brands in the industry. Once the first store opened, the owners saw how profitable it was, they decided to open a second location within close proximity of the initial business. Being the sole provider for these particular brands and having plenty of other sewing necessities (which include but are not limited to: fabrics, patterns, threads, books, notions) this business draws in frequent repeat clientele. For clients who haven't found their crafty niche yet, it would be easy for them to get in touch as both locations are close to highways in retail areas of city limits. There are plenty of growth opportunities in the future with the right mindset and determination of the new owner. Located in southwest New Mexico assets are to include approximately $250,000 in average inventory and $77,000 in equipment, fixtures, furnishings and other assets. What are you waiting for? Don't miss this incredible opportunity with double the benefits! Call today and ask for portfolio # 4


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $745,088
Cash Flow:   $164,708
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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