Asking price: £137,500

Sales revenue: £331,889

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Preferred Commercial is pleased to offer for sale this wholesale and retail needlecraft business, which was established by our clients in 1986 and is only now being offered to the market due to their wish to retire. The business achieves a turnover of approximately £332,000 with a gross profit of 52%. This is generated from the sale of a variety of needlecraft products such as fabrics, threads, needles and associated accessories. HeeBee Trade provides a wholesale service to smaller needlecraft kit makers and shops as well as producing pre-packs of fabrics and threads. Willow Fabrics is the retail outlet with an extensive range of needlecraft supplies and also offers mail order and on-line trading. The business boasts an enviable reputation and has 5 experienced members of staff capable of working without supervision. 95% of business is from either commercial orders or online trading. There is no external sales staff and little advertising carried out, giving a new owner the opportunity to grow the business further. We feel this would be an excellent acquisition for an enthusiast who could take this excellent business to the next level. Early discussions with Preferred Commercial must come highly recommended.

Trading hours: Mon - Fri: 9.00am - 5.00pm Sat - Sun: Closed

Property: Leasehold

Lease terms
Leasehold New lease to be assigned Rent: £900 per calendar month

Location
HeeBee Trade/Willow Fabrics is situated in a prominent location within a parade of shops in a desirable residential area in Mobberley, Cheshire. The parade has free parking to the front and Town Lane is the main road through the village. The village is an affluent and desirable place in which to live and work. Mobberley is approximately 2 miles from Knutsford and is easily accessible to all the major North West conurbations.