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Well established Fabric, Wool & Haberdashery business for sale.

Rotherham, South Yorkshire
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Well established Fabric, Wool & Haberdashery business for sale.Well established Fabric, Wool & Haberdashery business for sale.Well established Fabric, Wool & Haberdashery business for sale.
  • Asking Price: £7,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Business
Please quote reference B06067

Hilton Smythe welcomes to the market From Rags to Stitches. This creative fabric and yarn emporium was originally founded by our client in 2014 and is now reluctantly coming to the market due to other interests.

Since establishing the business our client has seen month on month growth and now reports a healthy turnover of £96,000. Revenue is derived from the sale of modern quality fabrics, wools, patterns, and haberdashery items to meet the creative needs of sewing enthusiasts in the region. The business no longer trades from a shop, and has recently gone online. 

The business predominantly offers Patch Work and Quilting.

The business also attends Exhibitions, Quilt Shows with Pop Up Shops across Yorkshire and Nottinghamshire. They are booked in for 5 shows a year, 3 in Harrogate, 1 in Doncaster and 1 in Newark. As well as attending events, the business is also on one of the shopping channels. 

They also has a Block Of The Month (BOM) subcription. Every month for the next 12 months you will receive a box of fabric along with the pattern for that months blocks. 

Advertising is via the business’ informative website www.fromragstostitches.co.uk . Our client has an established e-commerce function, which was launched  in 2014 and has always seen great results, we believe this will take this already expanding business to the next level. Product sales are featured on eBay with 100% feedback rating and also Etsy.

This is a well presented business, with a good client base, ready for a new owner with the same passion and drive as our client to continue this expanding enterprise. Early enquireis are highly recommended.

PRICE INCLUDES STOCK



Location
N/A as the business is trading online. 



Premises
N/A



Tenure
We are advised that the business is being sold on a Business Only basis. 



Hours
The business is currently trading 24/7 through their online platforms.  



Staff
The business is managed and run by the seller.



Financial Profile
Full financials can be made available upon further request.

Please quote reference B06067



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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Rest your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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