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Literary Linens - Embroidered Linen Business For Sale
Location Tennessee,United States
Asking Price Range < $250K
Gross Revenues $1000
Net Profit / Cash Flow $800
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2010
Number of Employees 1 - 3
Inventory 6000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale The business is being sold because we have realized since starting it that it should be marketed at trade shows to draw large wholesale customers or distributors, and we have not had the cash or the time to do this. Once this it is marketed at trade shows
Description Literary Linens - sells fine, 100% linens embroidered around the edges with famous quotes from notable authors. Included in the inventory is approximately 1000 napkins total - 250 sets of embroidered napkins (4 different quotes are included in three different themes for a total of 250 full sets in each theme). The current themes include Literature (famous quotes from famous authors), Love, and Scripture (popular Bible verses). Also included are approximately 75 sets of embroidered linen hand towels (3 in each set) and a blue design embroidered napkin (approximately 10 sets of 4 each). Exact inventory numbers can be provided later.
The business was started November 2010 and has sold approximately $1,000 so far. Most purchases are done in the holiday season as the napkins make great hostess gifts. One wholesale order has been placed since the business was started, and several individual retailer orders. But generally there are not established customers because little to no marketing has been done on the business, although it has been mentioned in a Florida magazine. The business name and logo is trademarked. The website is in English and Spanish. Do a web search for Literary Linens to find and view the website. Asking price is $6000, which includes $6000 worth of inventory and $1000 for the website. Phone number: 1-85-LITERARY.
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