Asking Price: $457,500

Gross Revenue: $800,000

Cash Flow: $115,000

Inventory: $180,000 (Included in Asking Price)

FF&E: $30,000 (Included in Asking Price)

Seller Financing: With an acceptable down payment and terms, the Seller will carry the balance of the purchase price.

Since 1999, this Nationally recognized Quilt Shop has been supplying quality quilting fabric, patterns, book and notions to a vast array of clientele. Instructional classes in the art of quilting and sewing machine operation are also provided. The Business also boasts a very successful retail dealership for Bernina sewing machines, Horn sewing cabinets and Heavenly sewing chairs. The Business was discovered by Better Homes and Gardens Magazine and featured in their 2004 “Quilt Sampler” magazine. Again in 2007, the Business was honored and selected by Better Homes and Gardens as being one of the Top Ten Quilt Shops in the United States. The Business is open Monday thru Saturday from 10:00 a.m. until 5:00 p.m. The business operates from a 3,829 square foot retail facility on 2 levels with both stair and elevator access to both floors. The current owner of the business is the landlord of the retail plaza and will negotiate a long term lease with favorable terms and conditions for the new Buyer. Adequate parking with direct customer access makes this store an ideal location to attract considerable patronage. The business is a complete operation, offering a vast array of services and products, related to the art of sewing and quilting. The business philosophy and mission statement has always been to provide their customers with the best quality products available, emphasized by individual personal attention and exemplary service. The Business has continued to post year-over-year revenue growth and increased profits. The Business has been involved in a number of major trade shows, primarily in California and Nevada that has become an additional profit center for the Business and contributed greatly to their strong local, long-distance, and tourist-related customer base. The Business website, although informative and well-designed, does not offer online sales. The addition of that ability and convenience would add another dimension to the Business

Year Established: 1999

Employees: 2 full time - 4 part time

Facilities: The business operates from a 3,829 square foot retail facility on 2 levels with both stair and elevator access to both floors. The current owner of the business is the landlord of the retail plaza and will negotiate a long term lease with favorable terms and conditions for the new Buyer. Adequate parking with direct customer access makes this store an ideal location to attract considerable patronage.

Market Outlook and Competition: The business is a complete operation, offering a vast array of services and products, related to the art of sewing and quilting. The business philosophy and mission statement has always been to provide their customers with the best quality products available, emphasized by individual personal attention and exemplary service. The Business has continued to post year-over-year revenue growth and increased profits. The Business has been involved in a number of major trade shows, primarily in California and Nevada that has become an additional profit center for the Business and contributed greatly to their strong local, long-distance, and tourist-related customer base. The Business website, although informative and well-designed, does not offer online sales. The addition of that ability and convenience would add another dimension to the Business and increase product sales considerably.

Management Training and Support: The Seller will provide orientation and training included in the purchase price.

Reason For Selling: The Business is not a franchise and has been independently owned and operated by the same person for approximately 10 years.