Quilt & Sewing Center
Location Oregon,United States
Asking Price Range $500K - $1.0M
Gross Revenues $186985
Net Profit / Cash Flow $56353
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Description Local Bank or Owner Financing May Be Obtainable. The business was established in 2003 by two lifetime sewers and quilters. Since its humble beginnings, this store has been built into a force to be reckoned with. The inventory of fabric that they carry is extensive and varied; they have something for everyone. The building, which is owned, is a 10,000 square foot, two-story building that is over 100 years old. The top floor, with updated heating system. is still waiting to be developed, so there is plenty of room to expand. Total assets include $280,000 of inventory, $24,000 of equipment, fixtures, and furnishings, $15,000 of other assets and building and land valued at $140,000. Priced at $570,000 with a 2% discount for all cash. Also option to lease the building and land. Price would be reduced to $435,000. Located in Southeastern Oregon.
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