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Listed by:

Transworld Business Advisors

Seventy Owner Financing For Established Profitable Retail Business In Burlington County For Sale

Burlington County, New Jersey, US
Asking Price:
$1,100,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,172,367
Cash Flow:
$249,441

Successful Sewing, Fabric and Quilting Business

Extraordinary opportunity to acquire a landmark 35 year old business in the sewing/craft industry. Sale includes business, real property, all business assets, website/social media & goodwill. The long-term employees are proficient at running the operations so industry experience is not required!

One of the largest retail dealers & distributors of sewing machines, vacuums and fabrics that makes quilting, embroidery, and sewing a fun and enjoyable experience for thousands of loyal customers. The long-term employees are proficient at running the operations so industry experience is not required

The business has a database of over 100,000 customers with 10,000 participating in their loyalty program! The company has won several awards over the years for outstanding customer service. Owner is looking to retire and wants to see his legacy continue, which is why he is willing to finance over 70% of the purchase price for 15 years!

This is a niche business that specializes in selling and repairing computerized & WiFi enabled sewing machines that now attract a younger market. The business also offers onsite workshops and class instruction to engage new customers. They sell and service all the top brands including Brother, Singer, Viking and Baby Lock. They also do 10% of their sales in portable vacuum cleaners selling and servicing Dyson, Eureka, Electrolux, Hoover, Bissell and many other brands.

Don’t miss your chance to own this exceptional, turn-key business!

• Revenues are consistently over $1.1 million annually
• Highly profitable business
• Sale includes business, real property, all business assets, website & goodwill
• Long-term employees are proficient at running the operations so no industry experience required!
• POS system with all the historical data and extensive client base
• The business was relocated to its current site 2 years ago and the owner spent over $900k on the buildout!

Property Information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

Retirement

Trading hours:

Closed Sunday and Monday; Tuesday-Saturday 10-4pm; Wednesday 10-7pm

Employees:
4
Years established:
1985

Other Information

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

Owner Terms: $800,000.00 Interest: 5% Term Months: 180
Monthly Payment: $6,326.00

Furniture / Fixtures value:
$51,000 - included in the asking price
Inventory / Stock value:
$800,000 - included in the asking price