Details
Asking Price: |
$1,500,000 |
Annual Sales: |
$1,400,000 |
Cash Flow: |
$374,000 |
Inventory: | $200,000 |
FF&E: | Included |
Real Estate: | Leased |
Employees: | 1 PT Owner 3 FT/4 PT |
Location: | Front Range of Colorado |
Reason For Sale: | Retirement |
Business Description
Well-Established Fun Business With Loyal Customers.
Owner works part-time in this very financially rewarding business. The loyal and capable staff successfully manage the majority of the day-to-day business.
Experience a financially and personally rewarding business that is the center of a creative community with a shared passion for sewing, quilting, and embroidering. This dynamic business is the most respected and knowledgeable sewing business on the Front Range, with over 20 years of selling and servicing quality machines.
The business offers a full range of accessories as well as a complete range of instructional classes from beginner to expert. In addition, it combines the expertise and skills of the past with modern computer innovation in an industry known for pride in creativity and personal accomplishment!
The firm has garnered a loyal customer base with its proven resilience and skillful management. Sales, Net Income, and Discretionary Earnings have continued to grow even in the challenging COVID environment despite industry closures and supply chain issues. 2021 is on its way to another record year. This is a sewing business that is only getting stronger every year.
Represented by Dave Harris. Tell me more about this business.