| Asking Price |
$139,000 | Inventory |
$60,000* |
|---|---|---|---|
| Gross Income |
$142,000 | Real Estate |
|
| Cash Flow |
$25,000 | Year Established | 2004 |
| FF&E |
$6,500* | Employees | 2 |
* included in the asking price
** not included in the asking price
This is a unique business based on needle crafting that is tremendously popular hobby among young and old, men and women. The shop has a pleasant ambience, is well managed and offers a multitude of colorful yarns for purchase. With an established pattern of weekly classes the customer base continues to grow. In addition the owners have reached out to the community and have great visibility with a variety of knitting groups both hobbyists and professionals. The shop is well known in the area and the only shop of this kind for many miles. It is truly a hub of activity in the revitalized down town mall area. There is a generous parking lot next to the shop.
Facilities: Very attractive 1400 sq ft store in a revitalized downtown mall with excellent rent.
Competition: The only active knit and yarn shop in Southern NM
Growth/Expansion: Adding additional workshops and instruction would increase business signifiganly
Financing: Will consider for qualified buyer
Support/Training: 4 weeks @ 20 hrs. per week
Reason Selling: Other business interests

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