Quilt Shop And More For Sale

Business description

“Once upon a time, in a small town in the Northwest, there was an old house. And in that house there were rooms and rooms of bewitching items-fabrics and patterns, linens and gifts-that cast a spell on all who entered. And so it was” Quote from Quilt Sampler Magazine. And so is described this charming, highly profitable business. Located in a historic two-story turn of the century home, the owner has owned and operated this business since it's inception, selling high end fabric, tasteful gifts, linens, notions and much more. The business customers include local and national patrons, travelers off the interstate and those that come in because they have heard about the business through word of mouth. The business was named one of the top 20 favorite shops in America by the editors of Quilt Sampler Magazine. This is a perfect business for one or two people having a passion for quilting and wanting to live in a vibrant small town atmosphere in a picturesque community, and best of all the owner will stay and work for you while you get started and learn the business! Included in the sale are the business assets as follows: Real Estate (land, two story home and all fixtures; alll business furniture, fixtures and equipment listed by seller; business trade name; covenant not to compete; business good will; copies of all customer, client and vendor lists and records; internet Domain/Website; current telephone listing and number. Inventory in the approximate amount of $250,000 shall be purchase by buyer at seller's expense plus freight.

Property information

Real Estate:

Real Property Included

Location:

The business is located in a picturesque rural town on the Interstate and offers high quality country living. The business itself is located on a high traffic street in the core of downtown.

Premises details:

The business is located in a charming two story home with ample room for parking, and also has added room for inventory, shipping and receiving.

Business Operation

Expansion potential:

Owners have established a website and have seen some increase in their internet sales, this could be expanded.

Competition / Market:

Very little competition, as the business draws customers both locally and nationally. Financing: Owner may consider some owner financing to qualified buyer. SBA available Support/Training: Owner will stay and train and also will consider working for the new owner for an indefinete period of time, so that the transition to the new owner is sm

Reasons for selling:

Owner is retiring, but will work for the new owner for an indefinete period of time.

Trading hours:

The business is open Monday through Saturday and is closed on Sundays and holidays.

Employees:

4 FTE

Years established:

1995

Other information

Support & training:

Owner will train and also stay and work for the new owner until owner is trained in in all facets of the business and is comfortable in the transition.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owner will consider some financing to qualified buyer, and there is SBA financing available.

Furniture / Fixtures value:

$30,000 (included in the asking price)

Inventory / Stock value:

$250,000