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Popular Craft Supply Shop - incl $160K inventory for Sale in South Carolina
| Reference #: |
41590044
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| Location: |
South Carolina
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| Price: |
$240,000 |
| Amount Down: |
$60,000 |
| Revenues: |
$354,835 |
| Discretionary Earnings: |
$52,604 |
| Total Assets: |
$191,000 |
| Business Description: |
With many years of operating history, this business has built a solid reputation as a well-respected source of high quality supplies for sewing enthusiasts of all levels of expertise. Offering a wide range of fabrics, machines, accessories, and training classes, it is the requisite designation for a dedicated and growing base of customers. This business is extremely well managed and utilizes a proprietary point-of-sale software system and inventory management system. The store is situated in a quaint location that resonates very well with its creative product and service offerings.
After a very long track record of success with this business, the current owners are ready to enjoy their retirement. Seller is willing to offer substantial financing to qualified buyers. Seller will provide extensive turnover and training as part of the transaction.
This business is ideal for any buyer with an interest in textiles or crafts and who enjoys interacting with customers and employees in a creative and fun atmosphere.
The real estate is owned by the seller and it is anticipated that a buyer will lease the real estate. The cash flow figures above reflect a lease at market rates. However, acquiring the real estate is a potential option for a buyer of the business. |
Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
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