Central New Hampshire Quilting, Sewing Machine, and Vacuum Business

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Craft Businesses for Sale

  • Primary Category: Retail Businesses for Sale
  • Secondary Category: Sewing and Needlework Stores for Sale

Located in central New Hampshire, this business was started in 1983 and purchased by the current owners in 2013. Upon purchasing the business while keeping it housed in the same building, the husband-and-wife ownership/management team doubled the rental space from 1500 to 3000 square feet. At that time, they also expanded their business to include sewing machine and vacuum cleaner sales and service. They purchased the current location and moved the shop to the 3500 square feet that they now occupy, which includes a large classroom for quilting and sewing classes. At the time of the move, they once again expanded their business to include quilting machine sales and service. In 2020, they developed a web store for online sales. The market mix for the business is 60% Fabrics, Notions, Accessories, Classes; 36% Sewing Machines, Vacuum Cleaners, accessories, and parts; and 4% Service and Repairs. The business is buoyed by its loyal, local customer base, which comes from within a 2-hour drive time radius. Many customers are also second homeowners and visitors to the area.

Financial Information

  • $125,000 Asking Price
  • $49,728 Cash Flow
  • $456,614 Gross Revenue
  • Negotiable Down Payment
  • Yes Financing

Business Location

  • City: Confidential
  • State: New Hampshire

Financing Comments

  • Sellers may consider minimal owner financing to qualified buyers, if necessary, for the right deal with a substantial down payment and limited term.

Reason for Sale

  • The owners are looking to retire and spend more time pursuing non-work-related interests.

Detailed information

  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Part time Employees: 3
  • Real Estate Included: No
  • Monthly Rent: $3k
  • Real Estate Available: No
  • Building Size: 3500
  • Real Estate Value: $

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Business Listed by Sunbelt of New Hampshire
Contact
Jay Polimeno
Listing ID
NEWHAMP001-51697
Office Phone 603-745-9290