Leading Upper Midwest Hand Dyed Yarn Manufacturer For Sale

Business description

This company is a well known leading manufacturer and innovator in the hand dyed yarn market. The business has been featured in well known books in the knitting industry, such as Knitting In America and Hand Paint Country, as well as numerous books by specific designers. They have also sponsored several national conventions and is an active contributor at many public knitting forums.

They produce hand dyed wool, mohair, cashmere and wool/silk mixes. The yarns are offered in a number of Colorways, and the company is known to be an innovator in the yarn industry. The company sells all its products exclusively through retail stores who are serviced by independent sales reps. Most stores are in USA, but increasingly distributors in Canada, and overseas are being added as the brand grows.

The company is known for friendly, dependable service and has developed a long standing relationship with its many retail stores. The company has shown strong growth since its inception and has avoided the traps of short lived fads and low end products. While other businesses have failed to change in a changing market, this business has not only adapted, but also led the way by innovating new products, and diversified into the international arena.

There is a lot of growth opportunity in the business, but the owners feel that they have reached their natural limits. They are now ready to relinquish the reins to a responsible new owner who wants to pour their creative energy into the business and continue its growth. The company is well positioned to be taken to the next level.

Included in the sale are all assets, supplies and equipment listed below in the Equipment list. Included are also the recipes, production formulas, website, phone number, customer lists and the right to use the brand names. Included are also the vendor contracts, prepaid shows, etc. Any cash and liabilities are excluded from the sale, as well as its corporate entity.

Property information

Real Estate:

Real Property Included

Premises details:

$N/A

Other information

Reasons for selling:

Retirement

Trading hours:

Days: Monday-Friday

Financing available:

Downpayment Required: $0
Financing is Available

Furniture / Fixtures value:

$35,000 (included in the asking price)

Inventory / Stock value:

$50,000 (included in the asking price)