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CONFIDENTIAL
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645001
159310 / Rightbiz
Based in the Republic of Ireland
The company is a wholesaler and retailer of hand-dyed yarn, spinning fibre, and accessories, supplying products to a diverse customer base, including yarn / craft shops and the general public.
The quality of the materials and the limited nature of many of the company’s unique colourways have created high demand for the products, resulting in a continuous stream of repeat business from crafters worldwide, which is set to continue for the foreseeable future.
The shareholder is selling the business to pursue lifestyle changes but would be willing to remain with the company in some capacity post-sale. Offers invited.
Key Highlights
Global customer base of over 110,000 yarn shops and private individuals, with some relationships spanning 16 years.
Circa 60% of sales are generated by the wholesale market, with the remainder derived from the company’s e-commerce site and additional walk-in sales.
Exclusively uses ethically sourced yarn and fibre, non-toxic dyes, and locally sourced recyclable packaging
High global demand for yarn and other crafting supplies, which continues to grow as interest in knitting and crocheting rises, circa 80% of sales are generated outside Europe.
Circa 10,400 skeins are due to be produced in early 2026 to meet existing demand.
Experienced general manager in place to run the business post-sale.
Premises may be partially included in the sale.
Financial Highlights
YE25 turnover of £1.9m, with an adjusted EBITDA of £325k.
YE26 projected turnover of £2.2m.
Order expected from one of the largest yarn shops in Europe is predicted to generate revenue in the region of ¤100k–¤200k per annum.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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