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Leading Quilting Supply Business with Double Digit Growth

Quilting Supply StoreFor sale in Newark, New JerseyEst. 199618 employees
Leading Quilting Supply Business with Double Digit Growth
Photos on request

$450,000

For Sale
Asking price
  • Real estate included

    The property comes with the business.

  • Training included

    The seller will help you get up to speed after closing.

  • Established 10+ years

    A track record buyers and lenders tend to trust.

About this business

Own a leading quilting supply business with a 28-year legacy, featuring exclusive Bernina products and signature classes. Recently expanded to 5,800 sq ft, this turn-key operation boasts a dedicated team and double-digit sales growth, perfect for quilting enthusiasts ready to take the helm.

The numbers

How the asking price compares with what the business brings in each year.

  • Asking price$450,000
  • Annual Revenue$1,374,191
  • SDE$72,426
6.2×
Price to SDE
0.3×
Price to revenue
5%
SDE margin
Approx. Inventory Value
$250,000
Approximate FF&E
$25,000

Details

1996
Established · 30 yrs
18
Employees
Quilting Supply Store
Business type
Leased
Premises

Financing & transition

Training after the sale
Included
Cost
Free
Duration
4 weeks

Property & lease

Premises
Leased
Rent
$17,500
Lease Expiration
Dec 30, 2027

Where it is · Newark, New Jersey

Somewhere in Newark, New Jersey. The exact address is not on this listing.

Somewhere in Newark, New Jersey

Ad#:582

The information in this listing has been provided by the business seller or representative stated above. Venturu has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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Sung Yun Lee

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