Quilting Business-½ Price-$150k Net-Seller Finance

Grand Junction, CO (Mesa County)

Quilting Business-½ Price-$150k Net-Seller Finance
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Asking Price: $95,000

Cash Flow: $152,000

Gross Revenue: $733,000

EBITDA: $152,000

FF&E: $50,000

Inventory: $400,000*

Rent: $4,000 /Month

Established: 2014

*not included in asking price.

Quilting Business-½ Price-$150k Net-Seller Finance

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Business Description

Great opportunity to acquire a very profitable retail quilting store with the largest selection of fabric from Salt Lake City, Utah to Denver, Colorado. Specializing in service, education, classes, events and a meeting place for quilting and embroidery arts. The only Brothers dealer on the Western Slope of Colorado. Known for their color wall that provides the staple color along with numerous collections of traditional to modern fabric selection. The business can be run mostly with the current staff in place, and the seller is willing to stay on part-time. Seller will provide excellent financing to a qualified buyer.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5,000 Sq Ft built with great use of space, ample storage, large classroom with kitchen and bathrooms. Lots onsite parking.
Competition:
Very little competition. Large client base coming from 100 miles away. Quilting is a pastime of many in the area. Word of mouth marketing some radio and tv marketing along with a website.
Growth & Expansion:
Growth has been easy. Huge opportunity to expand with events, new technique training, and classes.
Support & Training:
4-6 months with owner and staff, or more if needed. Owner might stay on part-time.
Reason for Selling:
Seller wants to retire and focus on family matters.
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Eric Payne

Business Listed By:
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Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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