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Listed by:

The Hatteras Group

Luxury Yarn Shop With Ecommerce For Sale

North Carolina, US
Asking Price:
$565,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$745,000 (USD)
Cash Flow:
$228,000 (USD)

Luxury yarns and accessories for knitting and crochet

This very successful yarn shop located in a charming historic downtown location offers a great opportunity to pursue your passion and grow an already successful business.

The shop specializes in hand-dyed yarns and other premium materials and accessories from around the world. The unique offering of hard to find yarns for the most discerning knitters creates loyalty and repeat customers. Their effective use of social media, Ecommerce, online and in-store events with a robust ERP has positioned the business as a destination for knitters and a platform for growth.

The husband and wife owner/operators intend to retire in the local area after the sale. They will be available for training and transition to insure the success of the business long term.

Property Information

Real Estate:

Lease

Lease Terms:

4 more years plus 5 year option

Lease Rent:
$48,000 (USD) per sq ft per annum

Business Operation

Reasons for selling:

Retirement

Employees:
1
Years established:
11

Other Information

Support & training:

Selelrs will train and support as needed for a successful transfer

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

up to 10% in seller financing to a qualified buyer

Furniture / Fixtures value:
$15,000 (USD) - included in the asking price
Inventory / Stock value:
$160,000 (USD) - included in the asking price

Contact The Hatteras Group

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