28 Year Old Quilt and Fabric store for sale in Seattle

Seattle, WA (King County)

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Asking Price: Get Financing: $175,000

Cash Flow: $45,000

Gross Revenue: $300,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $29 /SF/Year

Established: 1990

28 Year Old Quilt and Fabric store for sale in Seattle

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Business Description

Long established Turnkey store in Prime Downtown Seattle Location

28 year old, one owner store. Great location 1 block north of the Pike Place Market. Sales peak in late spring through September with arrival of tourist and cruise ships from around the world.

Wonderful customers. A charming and happy work environment. Visibility on social media sites including Facebook, Instagram, Pinterest, and Twitter.

Website and Constant Contact Email marketing list included.

Convenient large workshop and seminar space located 1 block away with multiple size capacities.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
950
Lease Expiration:
N/A
Employees:
4
Facilities:
A turnkey business. All inventory, fixtures and equipment is included in the sale. The store was moved 3 years ago and all of the lighting, windows, hvac, concrete flooring,and painting were updated then or since. Lease price is under market area prices. 950 Square feet. Great Corner location with high visibility.
Competition:
The business is located in a prime location 1 block north of the world famous Pike Place Market. The shop is the only shop in Seattle that specializes in the exclusive sale of quilts, fabrics, and quilting supplies.
Growth & Expansion:
Shop has exclusive branded products and the potential for growth in that area is high. Classes, workshops youtube videos,trunk shows and retreats could be added to increase gross sales. Possible collaboration with the Pike Place Market for events. Existing website can be expanded to include more items and creativity. Increase marketing on social media sites. Opportunity for growth via targeted marketing in additional needle arts product sales.
Support & Training:
Owner will supply support and training as needed after purchase.
Reason for Selling:
Retirement and Health issues
Business Website:
http://www.undercoverquilts.com
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Business Listed By:
Linda Hitchcock

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