MergerPlace

Quilting Supply and Service Business with Real Estate Available

Morgantown, West Virginia (Monongalia)


  • Asking Price: $300,000
  • Gross Income: $328,267
  • Cash Flow: Not Disclosed
  • Real Estate: $4,000,000
  • Inventory: $100,000
  • FF&E: $40,000
  • Listing ID: #227008
  • Established: 2011
  • Employees:

Business Description

Very enjoyable and profitable business that improved during the pandemic. A great business for a person who likes working with people as well as participating in the quilting community. This is a retail business that also provides an essential service to the quilting community.

The sale price includes $100,000 of inventory. The real estate valued at $4M is available for lease or purchase.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: West Virginia
Metropolitan Area: Morgantown
County: Monongalia

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $300,000
Gross Revenue: $328,267
EBITDA: $121,098
FF&E: $40,000
Inventory: $100,000
Real Estate: $4,000,000
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

This business has not fully utilized its web site or social media to promote the business and spends very little on advertising. An additional investment in equipment would be expeced to grow the business significantly.

Competition:

There are very few businesses like this in the State of West Virginia and none that have the capability with long arm quilting machine as well inventory that includes a large selection of quality fabric.

Reason for selling:

Sellers plan to retire and move to be closer to family. .

Support & Training:

The seller is willing to stay as long as needed in order for the buyer to achieve a smooth transition.

Contact Business Seller

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Business Listed By:

John Lichter

Sunbelt West Virginia & Western Maryland