Craft Fabric Retailer Near Boulder, Colorado
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Asking Price
$1,200,000
Detailed Information
Westminster, Colorado, US
Not Provided
NA
Business Description
This online craft fabric retailer is based near Boulder, Colorado, offering a vast array of high-quality fabrics and sewing supplies with over 15,000 products available for purchase on their website. The business, with a 14,000-square-foot warehouse and office, caters to crafters, fashion designers, and home decor enthusiasts who appreciate their quick service, wide selection, and custom cutting services. The company's trailing 12-month revenues total 4.2 million, with earnings of 416K as of June 30th. With a reduced sales price of 1.2 million plus 500K in inventory, this business presents an opportunity for growth in the online fabric market due to its substantial unused warehouse capacity and skilled workforce. The company's location occupies 56.6% of a 5.91 million building, featuring 50% warehouse space available for expansion. The owners, in their mid-60s, are looking to retire, creating a valuable opening for an entrepreneurial buyer